Head of Accounts Payable - US

Business Unit:

Accounting

Industry:

No Industry

Overview

Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG.

Overview

Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG.

Scope

We are seeking an experienced and dynamic Head of Accounts Payable to lead our accounts payable team at Houlihan Lokey. This individual will be responsible for overseeing the accurate and timely processing of all accounts payable transactions, ensuring compliance with financial policies and regulations, and managing relationships with internal stakeholders and external vendors. The Head of Accounts Payable will be a key partner in optimizing financial operations and driving improvements in efficiency and controls within the finance department.

Responsibilities

• ​Lead, manage, and mentor a team of accounts payable professionals, fostering a high-performance culture.

• Provide guidance and training to ensure team members are equipped to perform at their best.

• Develop and implement processes for team productivity, performance tracking, and professional development.

• Oversee the end-to-end accounts payable process, including invoice receipt, approval, coding, payment, and reconciliation.

• Ensure timely and accurate processing of vendor invoices, expense reports, and payment disbursements.

• Develop and maintain strong relationships with internal departments (e.g., procurement, legal, operations) and external vendors.

• ​Ensure compliance with all relevant financial regulations, policies, and internal controls.

• Manage the preparation and review of accounts payable reports, providing insights and recommendations to senior leadership.

• Lead audits related to accounts payable and ensure proper documentation and support for financial audits.Develop and implement best practices for the department, ensuring alignment with the bank’s overall financial goals.

• Drive continuous improvement in the accounts payable function, identifying opportunities for automation and streamlining processes.

• Oversee the management of payment schedules and optimize cash flow management.

• Negotiate payment terms with vendors to ensure favorable outcomes for the bank.

• Act as the primary point of contact for resolving vendor disputes and issues related to payments, invoices, and account discrepancies.

• Work closely with Treasury, Tax, and other finance functions to ensure smooth payment processes and accurate reporting.

• Collaborate with senior leadership to develop and execute strategies for managing the company’s liabilities and cash flow efficiently.

Qualifications

• Education: Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent certification preferred).

• Minimum of 8-10 years of experience in accounts payable or finance, with at least 5 years in a leadership role within a complex organization, preferably in the banking or financial services industry.

• Proven track record of successfully managing large-scale accounts payable operations.