Director, Shared Service

Key Responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

• Manages day-to-day, monthly, and yearly operations in Accounts Payable (AP), cash disbursements, Accounts Receivable (AR), cash receipts, and Travel and Expense (T&E) processing.
• Development and effective execution of shared accounting services controls and policy, in coordination with the Corporate Controller.
• Actively develops and executes continuous improvements and technology strategies, in collaboration with peers and Corporate Controller.
• Establishes and maintains robust master data controls and processes which may include suppliers, general ledger (account/product hierarchy) etc.
• Support accounting inquiries from Rite-Hite, Arbon and Independent Representative network and propose corrections as needed.
• Manages month-end close process and the balancing and reconciliation of AP, AR, Fixed Assets, and other accounts timely.
• Develops and maintains T&E policy and review for adherence, leveraging technology and automation wherever possible.
• Partners with Treasury to ensure established payment terms are reflected in payment processes; actively seeks to eliminate manual/check payment process to automated payments (ACH etc).
• Partners with Treasury and Credit to develop systematic processes to address unapplied cash in a timely manner.
• Assist with tax accounting including sales & use tax on purchases.
• Implements and maintains systems and processes regarding Fixed Asset and Lease Accounting.
• Main contact for the annual audit for transactional areas of shared services.

Principal Accountabilities

• Shared Accounting Service processes and controls are robust, communicated and followed.
• Master data management for accounting (i.e. ledger, product, supplier).
• Actively assesses process and controls for ongoing automation and use of technology to eliminate manual work.

Supervisory Responsibilities

• This role supervises all Shared Accounting Service resources and is responsible for training and development. Direct and indirect reports will range from 9 – 15 employees.

Qualification & Requirements

Education and/or Experience

• A bachelor’s degree in accounting or closely related field is required.
• Minimum of 10 years of advanced level accounting experience required.
• Professional certification (CPA, CMA, etc.) preferred.
• Experience assessing and deploying process automation and technology preferred.

Knowledge/Skill Requirements

• An understanding and mastery of accounting principles and financial controls.
• Strong interpersonal skills and a demonstrated ability to achieve results through collaboration.
• Familiarity and leadership in the ongoing use of technology to continuously improve financial processes and controls.
• An ability to communicate complex financial information to non-financial leaders in a clear and understandable manner.
• Travel up to 10% (domestic).

Benefits

At Rite-Hite, we take care of our people – because when you’re supported, you can do your best work. Our benefits are designed to support your health, your future and your life outside of work:

• Health & Well-being: Comprehensive medical, dental, and vision coverage, plus life and disability insurance. A robust well-being program with an opportunity to receive an extra day off and more.
• Financial Security: A strong retirement savings program with 401(k), company match, and profit sharing.
• Time for You: Paid holidays, vacation time, and personal/sick days each year.