Record-to-Report & Procure-to-Pay Process Lead

Record to Report/ Procure to Pay Process Lead/Business Analyst

Start Date: ASAP

Location: Hybrid MN

Rate: $125K-$135K annually, plus bonus bonus potential based on company performance.

Benefits: Hollstadt offers medical, dental, vision, life insurance, short-term disability, long-term disability, paid sick leave, and retirement benefits to eligible employees.

This position is a key member of the Process Excellence and Business Integration team who is responsible for leading the client strategy for planning and execution of M&A integrations as well as enabling process capabilities and best practices. The Process Excellence Lead will drive continuous improvement, process documentation, and installation of new business requirements, as well as leadership for the planning and execution of M&A integration for their assigned area of accountability in the RTR and PTP workstreams. This individual will continuously improve business processes and integration strategy and priorities from a business function point of view and will work closely with the Executive team and functional business leaders to ensure impactful process re-engineering, and timely business integrations related to mergers & acquisitions. The Process Excellence and Integration lead will influence teams focused on our most core business process workstreams defined within the finance, accounting, and procurement space. The Process Excellence Lead will build and foster relationships across the enterprise in process disciplines and improvement methodologies that yield desired outcomes, including realization of business benefits and impact.

This role will focus on key capabilities and business processes in finance, accounting, and procurement. Must possess working knowledge of process capabilities within these business areas. The Process Excellence & Business Integration Lead has three primary areas of focus:

• Preparing and enabling us to develop repeatable, scalable, and standardized integration readiness for mergers & acquisitions (M&A)
• Driving a business process focused culture
• Developing and maintaining process standard documentation, maps, and best practices to drive cost savings and efficiency

The Process Lead will demonstrate results through facilitating and developing the documentation of key business processes narratives and maps, identification of process standardization opportunities and workstream leadership leveraged during major systems or process initiatives, and leading or facilitating creation of standard work/process where none exists.

Knowledge, Skills, Abilities:

• Strong business process competency in finance, accounting and procurement including financial planning and reporting, inventory accounting, fixed asset management, reconciliations, direct and indirect purchasing, and AR/AP.
• System and process focused mindset with ability to understand how technology can support and enable.
• Strong cross-functional business acumen.
• Ability and willingness to collaborate across multiple functional areas to achieve desired integrated business results.
• Very strong process orientation, able to understand detailed processes and to identify process synergies between teams, and between acquired business and current processes, to create business value.
• Drive fact-based improvement decisions within the team and across the company.
• Develop effective cross-functional relationships based on trust, and alignment with business goals.
• Demonstrated analytical and critical thinking skills.
• Advanced skills in gap identification, escalation, and evaluation of trade-off options and impacts.
• Demonstrated ability in defining complex business problems and working with key stakeholders to identify possible solutions.
• Ability to attack complex business issues and simplify decision-making and execution.

Education & Experience:

• B.S. in Finance, Accounting, Business, or related field. MBA or advanced degree preferred.
• Strong financial acumen required.
• Understanding of end-to-end business processes across the finance, accounting, and procurement workstreams.
• 3 Years experience in project/process management, operations management, or similar experience.
• Prior merger and acquisition experience in a business lead role desired.
• Experience in high-level process design and systems implementation and support with a track record of accomplishment in large, complex systems environments.

Key Characteristics:

• Strong interpersonal skills and ability to develop and foster relationships at all levels of the organization
• Organized and process driven
• Highly self-motivated, self-directed, and attentive to detail
• Demonstrated team player
• Results oriented
• Courageous
• Able to lead without direct authority and influence across operating functions and levels
• Learning agile in ambiguous situations; conceptual openness and willingness to learn

Responsibilities:

• Champion and operationalize business process management methodology and capabilities.
• In an integration scenario, understand current business processes and quickly identify gaps and differences between client and acquired company. Assist in identifying synergy savings that can be realized through process/system rationalization.
• Actively participate in a process management center of excellence that is focused on institutionalizing business process knowledge and evolving the Process Excellence practice for the client.
• Lead the workstream level discovery, planning, and execution of integrations, including evaluation of current state process, future state process design, gap analysis, business requirements, and end state operating model design.
• Drive business process improvement through process documentation and partnership with functional process owners. Expose inefficiencies embedded in current process flows, or caused by systems capability gaps, and recommend/sell the need for and benefit of change.
• Core member of business acquisitions/integrations teams from a functional workstream point of view, keeping in lock step with Business and IT leadership on the impact to process and technology to enable integration timeliness and success.
• Support acquisition synergies through process integration.
• Implement standard work via standardized content, behaviors, and communication across the M&A and process excellence disciplines.
• Collaborate with key business and IT leaders on systems installations/replacements and integrate with business processes as performed by functional staff.
• Lead teams in challenging the status quo, demonstrating the need for change, and driving change initiatives. Proactively anticipate and prevent problems that could result from changes in our processes.
• Develop, socialize, and maintain formal process maps and documentation for assigned work-streams.
• Use metrics or business specific analysis to drive process improvement, reduce cost, drive growth & meet business goals.
• Provide expert thought leadership in your field and work with limited direction, using additional research and interpretation to identify issues or problems.