Director of Accounts Payable
Vaco
Director of Accounts Payable POST NUMBER: 457994
Dallas, TX – hybrid, 3 days onsite
Vaco is working with one of our Fortune 500, publicly-traded clients ($10B in revenue) to find an AP Director with a strong process improvement background. This role will have 2 direct reports with an overall team size of 10 rolling up to them. The company just completed a large system implementation and is working through several process and transformation initiatives; as such, they need someone who has previous experience guiding teams through change.
Compensation: $165k bonus LTIP
Key Responsibilities:
- Lead and manage the Accounts Payable function, including invoice processing, vendor payments, expense reports, and compliance.
- Develop, implement, and continuously improve AP policies, procedures, and controls to ensure accuracy, timeliness, and compliance with GAAP and internal standards.
- Drive process improvement and automation initiatives, leveraging technology (ERP systems, workflow tools, AI/automation solutions) to optimize efficiency and scalability.
- Partner cross-functionally with Procurement, Accounting, Treasury, and Operations teams to streamline procure-to-pay processes.
- Oversee vendor management, including vendor onboarding, terms negotiation, and resolution of payment discrepancies.
- Monitor and analyze key performance metrics to identify trends, risks, and opportunities for improvement.
- Ensure compliance with tax regulations (1099/withholding) and internal audit requirements.
- Build, mentor, and develop a high-performing AP team, fostering a culture of accountability and continuous improvement.
- Support month-end close activities, accruals, and reporting requirements related to AP.
- Serve as the subject matter expert and champion for AP best practices, process excellence, and technology adoption.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA or MBA preferred.
- 10 years of progressive AP or accounting operations experience, with at least 5 years in a leadership role.
- Strong expertise in process improvement, automation, and financial systems transformation (ERP experience required; SAP, Oracle, or NetSuite preferred).
- Proven track record of implementing AP process enhancements and driving measurable efficiency gains.
- Deep knowledge of GAAP, SOX, and regulatory compliance requirements.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
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By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.