Vice President, Order to Cash

This is a fully remote position, open to applicants in United States.

📋 Description

• Leadership in Accounts Receivable with a primary focus on DSO ownership, complemented by responsibilities in Cash Applications and Requestor Management.

• Take full ownership of the enterprise-wide accounts receivable (AR) performance, ensuring direct accountability for reducing DSO and managing past-due aging.

• Actively participate in weekly aging reviews, analyze top delinquent accounts, and address high-risk customer scenarios.

• Develop and enforce structured collections operating rhythms, incorporating daily, weekly, and monthly execution schedules.

• Define, monitor, and proactively manage key performance indicators (KPIs) such as DSO, aging mix, Collection Effectiveness Index (CEI), dispute cycle time, and billing accuracy.

• Drive hands-on enhancements across collections, billing accuracy, cash applications, and dispute resolution workflows, ensuring these improvements are integrated into daily operations rather than merely recorded in policies.

• Enhance and develop the requestor management/data integrity process and team, including the handling of sales tax-exempt requestors.

• Collaborate with the R&D team to design AR and collections modules within our platform.

• Supervise daily cash application activities across all payment channels, including ACH, wire transfers, lockbox, credit cards, checks, and electronic payment systems.

• Guarantee timely and accurate posting of customer and requestor payments to accounts receivable.

• Establish and uphold robust internal controls for processing cash receipts.

• Lead the implementation and optimization of cash application technologies, including AI-driven tools and/or robotic process automation (RPA).

• Work collaboratively as a peer with the Controller, SVP of Finance, and VP of FP&A, serving as a leader within the finance organization.

• Undertake additional duties as assigned to ensure the efficient operation of the department and the Company.

• Embody and promote the Core Values of Verisma.

⛳️ Requirements

• Bachelor's degree in Accounting, Finance, or Business is required.

• 12-15+ years of progressive experience in managing Order/Invoice to Cash, Accounts Receivable, Collections, or Finance.

• CPA is strongly preferred.

• Demonstrated ability to lead and develop large, multi-functional teams with a data-driven approach.

• Experience in Release of Information, Revenue Cycle, Record Retrieval, or Healthcare is preferred.

• Proficient in data analysis tools such as Advanced Excel, Power BI, SQL, etc.

• Willingness to travel 5 to 10% of the time.

🏝️ Benefits

• Comprehensive health and wellness programs.

• Competitive salary and performance-based incentives.

• Opportunities for professional development and career advancement.

• Flexible work arrangements to support work-life balance.