Director of Accounting Operations (Parsippany)

About Us

DOWC is a fast-growing third-party service provider in the automotive industry. We partner with thousands of dealerships nationwide, including exclusively for Nissan. We offer finance & insurance solutions to our partners and help service over a million contract holders across the country. Voted NJBIZ Best Place's to Work 4 years in a row!

We’re looking for a Sr. Director of Accounting Operations to lead and elevate our Accounts Receivable / Order-to-Cash and Treasury functions . This is a highly visible leadership role for an accounting professional who thrives on improving processes, developing people, and bringing structure and efficiency to high-volume financial operations. You’ll oversee a team of approximately 15 accounting & treasury professionals and play a key role in ensuring the organization maintains strong cash flow, disciplined working capital management, accurate receivables, and effective treasury operations.

What You’ll Do:

Lead Accounting Operations

• Lead, mentor, and develop a team of approximately 15 professionals across AR, Order-to-Cash, and Treasury.
• Establish clear goals, performance expectations, KPIs, and accountability across the team.
• Serve as a hands-on leader who can step into complex issues while empowering managers and team members to own their areas.
• Partner closely with senior leadership, Accounting, Finance, Operations, and other internal teams.

Own Accounts Receivable/Order-to-Cash

• Oversee the full Order-to-Cash lifecycle , including invoicing, cash application, collections, account reconciliation, and dispute resolution.
• Drive improvements in DSO, aging, collections performance, cash application, and overall working capital.
• Establish and monitor AR reporting, KPIs, dashboards, and performance metrics.
• Identify bottlenecks and implement scalable processes that improve efficiency, accuracy, and customer experience.
• Develop SOPs for O2C operations specific to industry standards and implement process improvements for best efficiency.
• Ensure appropriate controls are in place around billing, collections, cash receipts, and account reconciliations.

Lead Treasury Operations

• Oversee daily treasury and cash management activities, including cash positioning, bank activity, transfers, and reconciliations.
• Monitor liquidity and cash requirements and help optimize the organization's cash position.
• Manage banking relationships and support banking administration, including account openings, closures, signatories, and related documentation.
• Strengthen treasury processes, controls, and reporting.
• Partner with leadership to improve cash forecasting and visibility.

What We’re Looking For

• Bachelor’s degree in Accounting, Finance, Business, or a related field
• 5+ years of experience as a controller, assistant controller, VP of accounting, director of accounting, or related role
• Must have experience overseeing treasury and accounts receivable teams
• Strong understanding of AR operations, cash application, collections, reconciliations, corporate treasury, and cash management
• Experience improving processes, implementing controls, and driving operational efficiencies
• Strong analytical and problem-solving skills with the ability to turn financial data into actionable insights
• Excellent communication skills and the ability to collaborate effectively across departments
• Strong ERP/accounting systems experience; experience with automation and process improvement initiatives is highly valued
• NetSuite experience is a plus

Come join our growing team here in Parsippany! As NJ's Best Places to Work Honoree for four years in a row, we offer:

• Competitive compensation
• PTO and Sick Time
• Medical, Dental, Vision, 401k matching, ancillary benefits
• Full-service cafeteria on-site serving breakfast & lunch from a private chef
• Corporate events, team activities, employee awards and recognition, 5-year employee loyalty vacation and more!

DOWC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Applicants who require accommodation to participate in the job application process may contact us for assistance