Director Accounts Receivable

Transmedics • Andover, MA

324d

About The Position

The Director, of Accounts Receivable will lead TransMedics' accounts receivable (AR) operations, ensuring effective management of customer invoicing, collections, and cash application processes. This role is responsible for driving process improvements, maintaining strong customer relationships, and ensuring compliance with company policies and regulatory requirements. The ideal candidate will bring leadership expertise, a problem-solving mindset, and a focus on operational excellence to ensure timely and accurate AR operations that support the company's financial health.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field (required).
• 8+ years of experience in accounts receivable or related finance roles, with at least 3 years in a leadership capacity.
• Strong knowledge of AR processes, controls, and best practices in a public company environment.
• Demonstrated ability to lead and motivate teams, manage priorities, and meet deadlines in a dynamic environment.
• Proficiency in ERP systems and advanced Excel skills.
• Experience in working with cross-functional teams to address and resolve customer billing and collection issues.

Nice To Haves

• Experience in the healthcare, life sciences, or medical technology industry.
• Familiarity with SOX compliance and other regulatory requirements.
• Proven track record of driving process improvements and automation in AR functions.
• Strong analytical and problem-solving skills, with the ability to present complex data in a clear and actionable manner.
• Excellent communication and relationship-building skills to engage effectively with internal and external stakeholders.

Responsibilities

• Oversee all aspects of AR operations, including invoicing, collections, and cash application processes.
• Develop and implement AR policies and procedures to ensure efficiency, accuracy, and compliance with internal controls.
• Manage the collections process, partnering with customers and internal stakeholders to address outstanding balances and resolve disputes promptly.
• Monitor AR aging reports and other KPIs to identify trends, risks, and opportunities for improvement.
• Lead and mentor the AR team, fostering a culture of accountability and continuous improvement.
• Collaborate with sales, finance, and operations teams to ensure alignment on billing, payment terms, and customer account management.
• Drive automation and process improvements in AR operations to enhance efficiency and scalability.
• Ensure compliance with company policies, SOX requirements, and relevant regulatory standards.
• Prepare and present AR reports and insights to senior leadership, highlighting key metrics and actionable recommendations.
• Support audits and other corporate initiatives by providing AR-related documentation and insights.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Transit and Ground Passenger Transportation
• Education Level: Bachelor's degree