Director of Working Capital and Cash Operations

Director Of Working Capital & Cash Operations – Frisco, TX

About QCD:
Established in 2006, Quality Custom Distribution Services LLC (QCD), a subsidiary of GSF, is a custom last-mile distribution company specializing in tailored solutions for selected food service industry customers. Headquartered in Frisco, Texas, QCD services thousands of restaurants throughout the United States. Providing over 37,000 deliveries a week from 25 strategically located distribution centers, the QCD fleet averages more than 40 million miles driven per year.

QCD associates also help run a national non-profit, the GSF Foundation. At QCD, every role drives success. Whether you're preparing orders, making deliveries, mapping routes, or managing warehouses, you're part of a dynamic team that keeps America's favorite restaurants running. Beyond offering logistics jobs, we build careers and fuel the future of food service distribution.

In This Role, You'll:

• Lead, develop, and mentor a team of finance professionals.
• Establish clear performance expectations, accountability measures, and career development plans.
• Implement standardized processes and continuous improvement initiatives across all functional areas.

Cash Management & Working Capital Optimization

• Oversee daily cash management, ensuring accurate and timely bank reconciliations.
• Drive DSO improvement targets through proactive aging reviews, escalation, and cross-functional alignment.
• Develop and deliver weekly cash forecasts covering receivables, payables, and expected cash flows.
• Monitor key working capital KPIs and develop action plans to improve cash conversion cycle performance.

Accounts Payable Management

• Oversee AP operations with a focus on accuracy, timeliness, and vendor experience.
• Negotiate supplier payment terms and discount opportunities to improve overall working capital.
• Conduct quarterly reviews of supplier aging, reconciliations, and compliance with payment policies.
• Lead process improvements to reduce AP-related errors and streamline invoice-to-pay workflows.

Procure-to-Pay (Indirect Spend) Governance

• Implement and enforce the use of purchase orders for all indirect spend categories.
• Lead change management efforts with field operations, corporate leaders, and suppliers to ensure adoption.
• Partner with procurement and operations to improve compliance, visibility, and cost control.

Vendor Management & Cleanup

• Execute a comprehensive supplier master data cleanup initiative, consolidating duplicate vendor accounts under a single master record.
• Implement improved vendor setup, maintenance, and governance processes to prevent future duplication.

Operational Productivity & Audit Controls

• Drive improvements in DSO, AP cycle times, error reduction, and processing efficiency.
• Establish and monitor daily audit controls across AR and AP processes to ensure accuracy and compliance.
• Identify automation and technology opportunities to enhance productivity and financial integrity.
• Performs other related and assigned duties as necessary.

What You'll Bring:

Education/Certification:

• Bachelor's degree in Accounting, Finance, Business, or related field; MBA or professional certification (CPA, CMA, CTP) preferred.

Experience:

• 7–10+ years of progressive experience in finance operations, treasury, working capital optimization, or shared services.
• Demonstrated success in leading teams and driving measurable financial improvements
• Strong understanding of cash forecasting, AP/AR processes, vendor management, and financial systems
• Experienced in leading change across diverse operational teams and influence at all organizational levels
• Excellent analytical, communication, negotiation, and problem ‑ solving skills
• Skilled in collaborating effectively across functions and levels
• Supported operational excellence and continuous improvement initiatives
• Lead and developed talent
• Used data to inform decisions and improve operational outcomes
• Can act in accordance with GSF's Values and Creed

The Schedule & Setting:

• Onsite in Frisco, TX

Pay & Benefits:

• Weekly pay (every Friday)
• Health and Wellness:
  Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts (FSA), Employee Assistance Program (EAP),…