Demo

PTP Disbursements Lead

Cypress HCM
Nashville, TN Contractor
POSTED ON 6/13/2026
AVAILABLE BEFORE 2/1/2027

Location: Nashville, TN (Preferred) or New York City, NY (5 days a week onsite)

Work Arrangement: Onsite 5 days per week

Travel: Occasional domestic travel to key office locations and possible travel to Budapest

Schedule: Typically 8:00 AM to 5:00 PM or 9:00 AM to 6:00 PM. Flexibility required to support global team members across time zones.


Position Overview

Our global Procure-to-Pay organization processes high volumes of payments across multiple business units and geographies and is undertaking a major ERP consolidation to unify operations on a single platform.


We are seeking an experienced Director or VP-level Disbursements Lead to stabilize and optimize global payment operations during a critical ERP consolidation initiative. This role is responsible for ensuring accurate, timely, and compliant payment execution across multiple ERP platforms while the organization migrates to a single ERP system over the next nine months.


The ideal candidate brings deep expertise in payment processing, disbursement controls, banking and treasury integration, Oracle Fusion Payments, and cross-functional problem solving within a large global enterprise environment.


Key Responsibilities

Payment Operations & Execution

  • Oversee end-to-end disbursement operations including payment runs, ACH, wire transfers, check processing, direct debits, and virtual card payments across multiple ERP environments
  • Ensure accurate and timely payment execution aligned with vendor payment terms, cash flow objectives, and internal controls
  • Manage payment exception queues, payment holds, and failed payment resolution while driving root cause analysis and systemic fixes
  • Partner with Treasury, Banking, and Finance teams to manage payment file transmissions, bank connectivity, and electronic payment requirements
  • Oversee year-end 1099 reporting and tax-withholding requirements for disbursements

ERP Migration & Systems

  • Serve as the disbursements subject matter expert for ERP consolidation activities
  • Represent global payment processing requirements in system design, configuration, integration testing, and go-live readiness
  • Oversee payment-related integrations between legacy ERPs, Oracle Fusion, banking systems, and third-party payment providers
  • Identify and resolve payment-related integration gaps, configuration issues, and bank connectivity challenges
  • Lead post-go-live stabilization activities

Controls, Compliance & Risk

  • Establish and enforce disbursement controls, segregation of duties, and positive pay processes
  • Ensure SOX compliance across payment operations
  • Support fraud prevention controls including bank account validation, duplicate payment detection, and OFAC screening
  • Partner with audit and compliance teams to remediate control deficiencies

Aged & Delinquent Payment Resolution

  • Own resolution of delinquent and aged payment issues across business units
  • Conduct structured root cause analysis on recurring payment failures and processing issues
  • Partner with Vendor Onboarding, Invoicing, and business stakeholders to resolve upstream issues
  • Deliver leadership reporting on delinquent payment trends and remediation progress

Reporting, Dashboards & Continuous Improvement

  • Define and monitor key disbursement KPIs
  • Design executive dashboards focused on payment status, aging, compliance, and operational performance
  • Identify process improvement and automation opportunities
  • Maintain and improve SOPs and training documentation

Team Leadership

  • Lead globally distributed teams across Nashville, Budapest, and other locations
  • Drive accountability, performance management, and capability development
  • Foster a culture focused on controls, accuracy, and continuous improvement


Required Qualifications

  • Bachelor's degree in Accounting, Finance, Business, or related field
  • 10 years of progressive AP/PTP experience focused on disbursements and payment operations
  • Minimum 4 years in a Director-level or VP-level leadership role
  • Hands-on Oracle Fusion Payments module experience
  • Experience managing payment operations across multiple ERP platforms simultaneously
  • Deep expertise with ACH, wire, check, virtual card payments, bank connectivity, and payment file formats
  • Strong understanding of disbursement controls, SOX compliance, and fraud prevention
  • ERP migration experience from a payments perspective
  • Experience leading large global teams
  • Strong analytical, root cause analysis, and executive communication skills

Preferred Qualifications

  • Experience with ERS (Evaluated Receipt Settlement)
  • Treasury Management Systems (TMS) experience
  • Banking portal integration experience
  • Knowledge of global payment regulations and cross-border payments
  • Media, entertainment, or large enterprise background
  • Global shared services or GBS experience


Compensation

  • Nashville, TN: $62.76 - $67.76/hr.
  • New York City, NY: $82.49 - $87.49/hr


Requisition ID: PMOUNTJP00001179

Salary : $63 - $68

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