Corporate Vice President - Accounts Payable Optimization

Prime Healthcare Management Inc • Ontario, CA

1d • $180,000 - $225,000

About The Position

Prime Healthcare is an award-winning health system headquartered in Ontario, California. Prime Healthcare operates 51 hospitals and has more than 360 outpatient locations in 14 states providing more than 2.5 million patient visits annually. It is one of the nation’s leading health systems with nearly 57,000 employees and physicians. Eighteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. Prime Healthcare is actively seeking new members to join our corporate team! The Corporate Vice President of Accounts Payable (AP) Optimization will provide specialized expertise to implement software and processes that automate tasks in the accounts payable process, improving efficiency, accuracy, and cost savings. The position will strategically define the process of using software and technology to automate tasks within the accounts payable department, such as invoice processing, matching invoices with purchase orders and receipts, and payment processing with a goal of reducing manual data entry, minimize errors, and streamline workflows that will lead to faster processing times and improved financial visibility. This position collaborates with cross-functional teams to ensure AP practices align with enterprise goals and regulatory requirements.

Requirements

• Bachelor’s degree in finance, accounting, or a related discipline, or 10 years of progressive experience in accounts payable workflows and automation technology, with at least 5 years in a leadership capacity.
• Expertise in Process Assessment including evaluation of AP processes, identification of bottlenecks, and recommend areas for improvement.
• Background in evaluation of related technologies and enhanced AP automation software and tools as needed.
• Experience in leading the implementation and integration of AP automation software to ensure a smooth transition.
• Leadership to define and ensure proper training for AP staff on software tools, policies and processes.
• Strong communication and coaching skills to ensure proper training for AP staff on software tools, policies and processes.
• Possess strategic planning and leadership skills to develop and execute upon a 3-year plan to promote continuous innovation and motivate team members to achieve defined milestones.
• Strong project management and change management skills related to system implementations.
• Prior experience working across functions, business segments for a large company with oversees support.
• Ability to analyze and improve complex processes using data-driven insights.
• Experience presenting to executives and allaying concerns about hurdles in changing processes.
• Demonstrated success in leading AP automation projects, including system selection, implementation, and optimization.
• Experience with ERP systems (e.g., Lawson, Oracle, Workday, SAP) and AP automation tools (e.g., Coupa, Basware, Tipalti, Kofax, AvidXchange).

Nice To Haves

• CPA, MBA, or relevant professional certification (e.g., APM, CAPA) preferred.
• Prior experience in a health system, integrated delivery network (IDN), or multi-entity healthcare organization strongly preferred.
• Six-Sigma Certified a plus but not required

Responsibilities

• The Corporate Vice President of Accounts Payable (AP) Optimization will provide specialized expertise to implement software and processes that automate tasks in the accounts payable process, improving efficiency, accuracy, and cost savings.
• The position will strategically define the process of using software and technology to automate tasks within the accounts payable department, such as invoice processing, matching invoices with purchase orders and receipts, and payment processing with a goal of reducing manual data entry, minimize errors, and streamline workflows that will lead to faster processing times and improved financial visibility.
• This position collaborates with cross-functional teams to ensure AP practices align with enterprise goals and regulatory requirements.

Benefits

• Prime Healthcare offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs.
• Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.
• Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.
• A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $180,000.00 to $225,000.00 on an annualized basis.
• The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure.
• Additionally, employees in this position may be eligible to participate in the Company’s annual discretionary bonus program.
• Discretionary bonuses, if any, are based on a number of factors, which include but are not limited to individual and Company performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees