VP of Shared Services

Job Locations US-NC-Greensboro
Business Group
Corporate
Category
Finance

About Us

2024-04_GLOBAL-RECRUITMENT_03

 

Centric Brands is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in multiple segments, including women’s, men’s and kid’s apparel, accessories, entertainment and beauty. Centric Brands is focused on our customers and our brands that will drive the company’s future growth. We are defined by innovation as we seize new opportunities and thrive in an environment informed by creativity and thinking that is both analytical and outside the box. Centric Brands reflects a team built on respect, for others and for the hard work it takes to achieve our goals and build our bright future together.

 

Whether you are an entry-level Analyst or our CFO, a career in Finance with Centric Brands will give you exciting opportunities to impact our bottom-line results. Our Finance team supports the business in a variety of ways – from P&L statements to budget projections and forecasts, cost analyses, vendor and supplier billing and even payroll. A career here can provide you with numerous opportunities to advance your career as you work cross-functionally with other teams both internally and externally.

Specific Responsibilities Would Include

This role is a key strategic leader within the Finance organization and reports to the EVP, Finance (Chief Accounting Officer). The VP, Shared Services is responsible for overseeing three verticals comprising the Shared Services organization, including Accounts Receivable, Deductions Management and Accounts Payable. The VP, Shared Services ensures the organization meets its financial objectives, strengthens internal controls and supports the Company’s strategic initiatives.

 

This position is based in Greensboro, NC and requires active, on-site leadership to effectively engage teams and strengthen cross-functional collaboration. The role supports a US-based shared services team and an offshore co-source provider totaling approximately 80 professionals. Key priorities for the role are to provide strong and visionary leadership, drive best in class performance across the three verticals, inspire and drive positive change, including process innovation and re-engineering, systems deployment and optimizing relationships with third party service providers.

 

Key Responsibilities

 

Shared Services Leadership

  • Form and direct the strategic vision and operating model for Shared Services across Accounts Receivable, Deductions Management and Accounts Payable.
  • Oversee performance, service delivery, and process outcomes across teams led by functional managers.
  • Advance standardization, scalability, and continuous improvement.
  • Guide teams in setting priorities, allocating resources, and elevating operational performance.
  • Develop, mentor, and support team members, building strong relationships through regular in-person interaction.
  • Present operational insights, risks, and recommendations to senior finance leadership.

Accounts Receivable

  • Steer strategy across credit, collections and cash application.
  • Develop scalable operating models to support a growing domestic and international businesses.
  • Drive improvements in collection strategies; reduce days sales outstanding.
  • Effectively manage risk by monitoring customer credit profiles, outstanding receivables and projected shipping volumes; proactively engage senior leadership to share findings and recommendations and align on future actions.
  • Provide decision support to senior leaders by reviewing dashboards, aging trends and risk exposures.
  • Enhance credit processes and reporting; drive operational rigor in collections and oversee the implementation of A/R software solutions.
  • Optimize service delivery from third party receivables servicing partner.
  • Engage directly with A/R teams on-site to review aging, resolve complex accounts, and ensure consistent execution.

Deductions Management

  • Work with Sales, Logistics, Customer Service and Sourcing leaders to address and reduce the volume of customer deductions.
  • Drive best in class processes to analyze, process and recover on deductions.
  • Lead deductions reporting and analysis activities; drive innovation; develop more robust KPIs; provide useful, timely information to senior leadership.
  • Lead cross-functional monthly deductions meetings, reinforcing alignment through direct engagement with partners.
  • Lead efforts to optimize the use of High Radius, the Company’s deductions management software.

Accounts Payable

  • Guide procure-to-pay performance including vendor management, invoice processing, approvals and disbursements.
  • Champion enhancements in cycle time, accuracy, vendor satisfaction, and payment optimization.
  • Ensure adherence to internal controls, segregation of duties, and corporate policies across A/P operations.
  • Oversee the implementation of invoice routing and procure-to-pay software.
  • Manage supply chain finance programs.
  • Work closely with A/P teams on-site to monitor workflow, address process bottlenecks, and strengthen vendor-facing responsiveness.

Other Responsibilities

  • Direct the relationship, governance structure, and performance expectations for third-party support partners.
  • Continue to evolve SLAs, KPIs and service delivery benchmarks across all three verticals.
  • Enhance and standardize reporting to key stakeholders through dashboards, routine operational reviews and similar formats.
  • Evaluate performance and guide corrective actions or process improvements where needed.
  • Partner with IT on systems upgrades, integrations, and automation initiatives.
  • Further develop documentation, policies, and controls that support audits and operational effectiveness.
  • Collaboratively manage working capital with Treasury and FP&A.
  • Function as a key point of contact for auditors.
  • Synthesize operational data into actionable insights and recommendations for senior leadership.
  • Monitor internal controls, risk exposures, and compliance adherence; escalate issues when appropriate.
  • Optimize relationship with A/P and Deductions Management outsource service provider.
  • Engage directly with teams and stakeholders on-site to support problem solving, strengthen operating rhythms, and ensure alignment across functions.

Our Best Fit Candidate Would Have

Qualifications

 

Required

  • Bachelor’s degree in Accounting, Finance, Business, or related field
  • 15+ years of progressive experience in accounting operations and / or shared services
  • Extensive experience with wholesale accounts receivable (credit, collections, cash application), deductions management and accounts payable
  • Previous experience with companies engaged in wholesale distribution of apparel, accessories, or other consumer products
  • Demonstrated ability to present operational insights and recommendations to senior executives
  • Demonstrated change agent with prior leadership roles involving transformation, systems implementations and process innovation / re-engineering
  • Prior experience leading and inspiring large teams and with outsource service providers
  • Understanding of relevant U.S. GAAP and internal controls

Preferred

  • Familiarity with customer compliance programs, routing guides, EDI workflows, and similar processes
  • Working knowledge of SAP
  • CPA, CMA, MBA, or similar advanced credential

In return, we provide an industry-competitive salary, along with a comprehensive benefits plan (medical, dental, vision) that includes a matching 401(k), Summer Fridays, generous PTO, merchandise discounts, excellent career development opportunities, and a work environment that reflects our industry leadership. Our social impact program, Centric Cares, focuses on volunteerism to make a difference in communities we live and work in and our D&I committee is shaping the future of diversity, equity and inclusion at Centric Brands though workshops, resources and inspiring conversation.

 

At Centric Brands, we believe our people are our greatest asset, and we seek to structure competitive compensation offers to ensure that we are able to attract and retain the best talent. Our job postings include an annual base salary range at the time of employment. The stated base salary range represents our good faith estimate as to what candidates are likely to expect, and we tailor our offers within the range based on several factors, including the selected candidate's educational and professional experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the selection process. Base salary is a part of a total compensation package, which, depending on the position, may also include commission earnings, annual bonus and other Centric Brands sponsored benefit programs.

 

Be part of our growing community by getting involved with groups, teams and initiatives like Be Green, Be Giving, and Be Celebrated.

 

Centric Brands is an Equal Opportunity Employer

 

Please note that Centric Brands will only reach out to interview, make an offer of employment or conduct onboarding activities for candidates who have applied through our careers site. When interviewing for a position, the candidate experience will include live interaction, such as a video conference or telephone call, with a Recruiter and/or company employee(s). We will never ask for any money or payments from applicants at any point in the recruitment process. Be aware of suspicious recruitment activity. If you think you are a victim of an employment scam, you may contact your local law enforcement agency and/or visit the Federal Trade Commission website here: https://consumer.ftc.gov/articles/job-scams.

 

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