Director of Finance Shared Services in Milan, Illinois at Group O
NewSalary: $100000 - $115000Industry: ConsultingJob Function: Executive/ManagementEmployment Type: Full-Time
Group O
Milan, Illinois, 61264, United States
Posted on
New job! Apply early to increase your chances of getting hired.
Explore Related Opportunities
Job Description
Position Title: Director of Finance Shared Services
Location: Milan, IL (4905)
Department: Finance
Workplace Type: Hybrid
Reporting To: Suerrette Franck
Compensation: $100,000 - $115,000 / year
Director of Finance Shared Services
In 1974, Bob Ontiveros saw an opportunity to live the American dream and build a company for himself and his family. 50 years later, the packaging company he originally founded out of the back of his station wagon - Group O is ranked by the United States Hispanic Chamber of Commerce as one of the top five Latino-owned businesses in the country. Group O has gained prestige for helping Fortune 500 companies like Samsung, Michelin, Caterpillar, and PepsiCo turn their most complex business challenges into centers of profitability and efficiency. Headquartered in Milan, IL, Group O employs over 1,200 employees.
Location: Milan, IL (4905)
Department: Finance
Workplace Type: Hybrid
Reporting To: Suerrette Franck
Compensation: $100,000 - $115,000 / year
Director of Finance Shared Services
The Director of Finance Shared Services is responsible for overseeing accounts payable, cash application, collections, expense management, master data management and payroll functions for all Group O business units as well as corporate finance. The Director leads the “Finance Shared Services” team, who support the critical day to day transaction processing of vendor invoices, payments and inquiries, customer invoicing and payment application, customer inquiries and collections activities, vendor and customer maintenance, payroll processing, journal entries and reconciliations. The Director will continually seek to identify and implement best practices and centralized processes to support these functional areas, with support from the Shared Services AP/AR Manager and Accounting and Payroll Manager, and ensure the team is using the ERP in a consistent and efficient manner.
Key Responsibilities
Essential Functions:
- Oversee Finance Shared Services daily operations
- Supervise and develop employees
- Manage workload balance between employees
- Monitor compliance with internal and external requirements
- Maintain configurations of Enterprise Resource Planning (ERP) system
- Oversee critical accounting functions
- Accounts payable invoicing, inquiries and research
- Vendor payment processing (checks, ACH, wires)
- Accounts receivable invoicing for certain business units
- Customer inquiries and payment application
- Accounts receivables credit and collections activities
- Master data setup and maintenance – vendors, customers and general ledger
- Expense management for company credit cards and employee reimbursements
- Consolidated cash and bank management and reconciliations
- Corporate finance month end activities, forecasting and consolidation
- Payroll processing
- Establish best practices and standardize centralized processes
- Identify the optimal team structure to support each of the Shared Services functional areas
- Assess productivity of existing processes and identify opportunities to enhance value
- Facilitate training for employees on process, work instructions and ERP
- Assist in maintaining department process flows and work instructions
- Develop and support opportunities for improved performance, cost-savings, and efficiency
- Establish departmental goals aligning with company vision and strategy
- Establish Service Level Agreements (SLA’s) and/or Key Performance Indicators (KPI’s)
- Monitor and report out on performance against SLA’s and KPI’s
- Support ERP phased implementation for Finance Shared Services functional areas
- Effectively communicate and collaborate cross-functionally to ensure proper workflow and adherence to standard operating procedures and policies
- Support the external audit and review process as needed
Secondary Functions:
- Special Projects as assigned
- Other duties as assigned
Job Qualifications
Education/Certifications:
- Bachelor’s degree in Accounting or Finance or equivalent experience
Experience:
- 8+ years progressive experience in a dynamic Accounting/Finance environment
- 5+ years successful supervisory experience
- 5+ years accounting software, advanced MS Excel skills
Skills and Qualifications:
- Microsoft Dynamics 365 fundamentals training
- Advanced user of D365 system
- Strong organization skills
- Strong verbal and written communication skills
- Ability to build work instructions and process flows
- Team management skills
- Critical thinking and analytical skills
- Problem solving ability
- Ability to travel if required
Preferred Skills and Qualifications:
- Cost control (measurement and reporting)
- Leadership and employee development
- Ability to identify and lead change initiatives
- Ability to present information to executive leadership, clients, suppliers, peers and employees
- Self-motivated
- Strong attention to detail
- Ability to work with and meet deadlines
- Broad knowledge of functional Accounting
- Strong business acumen
Physical Requirements: N/A
Benefits
- Medical, Dental, Vision, and Life Insurance
- Flexible Spending Accounts (Medical and Dependent Care)
- 401(k) Plan with Company Match
- Generous Paid Time Off
- 10.5 Paid Holidays
- Career Development Opportunities
About Group O
At Group O, it’s our employees who we value most. That’s why we provide a supportive environment where employees are given every opportunity to excel. Group O offers a wide variety of careers with room for professional growth and advancement, and we are always looking for motivated individuals to join our team. At Group O, our employees’ health and well-being is equally as important as the work they perform. We back up that philosophy by providing a competitive benefits package that supports now and for their future.
In 1974, Bob Ontiveros saw an opportunity to live the American dream and build a company for himself and his family. 50 years later, the packaging company he originally founded out of the back of his station wagon - Group O is ranked by the United States Hispanic Chamber of Commerce as one of the top five Latino-owned businesses in the country. Group O has gained prestige for helping Fortune 500 companies like Samsung, Michelin, Caterpillar, and PepsiCo turn their most complex business challenges into centers of profitability and efficiency. Headquartered in Milan, IL, Group O employs over 1,200 employees.
Group O is committed to providing equal employment opportunities to all employees and applicants for employment. We prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, and sexual orientation. If you require accommodations to participate in the job application process, please contact recruiting@groupo.com, we will work with you to meet your needs. Information provided by applicants will be treated with the utmost confidentiality. We respect your privacy and will handle your application data in accordance with our privacy policy.
Scan to Apply
Just scan this QR code to apply from your phone.
Job Location
Milan, Illinois, 61264, United States
Frequently asked questions about this position
Similar Jobs In Milan, Illinois
Budget Director
Knox College
Galesburg
VP, Commercial Relationship Manager
Central Banschares
Moline, Illinois
Treasury Management Officer I, II or III
Bankers Trust Company
Des Moines, Iowa
VP, Ag & Commercial Banking Relationship Manager
Central Banschares
Galesburg, Illinois
Financial Representative State Farm Agent Team Member
Gregg Hancock State Farm
BETTENDORF, Iowa