Senior Vendor Master Data Specialist

2 weeks ago

Boston, United States Pride Health Full time

Senior Vendor Master Data Specialist


Pride Health is hiring a Senior Vendor Master Data Specialist for one of its clients in Massachusetts.

This is a 3-month contract with the possibility of an extension with competitive pay and benefits.


Location – Boston, Massachusetts (02118)

Length of assignment – 3 months (Possibility of an extension)

Pay range - $35- $38.50 per hour.

Shift – Monday - Friday, 8:00 AM - 5:00 PM


Job Summary

The Senior Vendor Master Data Specialist is responsible for developing and fostering strong working relationships with vendors, leading day-to-day activities that support maintaining and updating the Vendor Master Data records. Identifying and managing critical data management issues and mitigating vendor fraud. The Senior Master Data Specialist will provide education, create and facilitate training for internal and external stakeholders, and resolve issues to maintain the vendor data. Responsible for ensuring compliance with regulatory parties and managing the reconciliation of annual 1099 reporting. In addition, s/he will be responsible for processing vendor payments promptly interruption of supplies or services that would affect care, while also enforcing policies, ensuring that the Health System’s cash is appropriately administered, and coordinating with the Supply Chain Operation Department to ensure Vendor Net-terms and contracts are reviewed and maintained.


Job Duties

  • Provide timely and accurate creation and maintenance of vendor master data in adherence with SOX, internal controls, and BMCHS policies
  • Serve as a primary liaison between BMCHS and vendors
  • Develop and strengthen relationships with vendors
  • Communicate with management, suppliers, and stakeholders regarding vendor setup data and requests to establish and fulfill the requirements for Vendor Master Data
  • Maintain and update Vendor Master Data records in adherence with internal controls and external audit & ad-hoc requests as required
  • Update and maintain Vendor Master Data records for completeness, accuracy, and appropriate approval before finalizing entries
  • Identify and manage critical data management issues and mitigate vendor fraud
  • Securely gather and store support data e.g., TIN matching, W9 maintenance
  • Ensure service level agreements (SLAs) are met through the development of KPIs, alerts, and reports required by the management and reports as related to master data quality
  • Create and manage process documentation and desktop procedures
  • Prepare vendor and account reconciliations
  • Provide education and training to stakeholders regarding vendor setup, maintenance, and requirements for changes to the vendor database
  • Leads continued process improvement in Vendor Master Data processes.
  • Leads reconciliation of annual 1099 reporting
  • Establishes Standardization related to the Accounts Payable Vendor Management process to ensure
  • Validate Other Regulatory Parties - based on your industry/company (Dunn & Bradstreet, Office of Inspector General OIG for Healthcare, etc.)
  • Validate Net-term and Contractual obligations to ensure savings and procurement policy compliance
  • Special projects and other duties as assigned.


Requirements

  • Bachelor’s degree.
  • 5 or more years of experience in accounts payable, supply chain, vendor data management, or finance-related fields is required.
  • Ability to use Microsoft Office suite, including Outlook, Word and Excel. Knowledge of Lawson/Infor General Ledger system preferred; Ability to learn and use the system effectively is required.


Benefits

Pride Global offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance, and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance, and employee discounts with preferred vendors.


Equal Opportunity Employer

As a certified minority-owned business, Pride Global and its affiliates - including Russell Tobin, Pride Health, and Pride Now - are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics.

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