Accounting Manager

3 weeks ago

Madison, United States Navitus Health Solutions Full time
Company

Navitus

About Us

Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.

Pay Range

USD $87,954.48 - USD $118,712.00 /Yr.

Work Schedule Description (e.g. M-F 8am to 5pm)

Monday -Friday 8am- 5pm CST

Overview

The Manager, Accounting is responsible for overseeing the day-to-day operations of the accounts payable and payroll functions within the accounting department. This involves managing a team of accounts payable specialists, ensuring accurate and timely processing of invoices, maintaining vendor relationships, and collaborating with internal team members. Manage the payroll team and provide strategic direction and expertise in the payroll functions. This positions also works to maintain data quality in the financial system, develop effective internal controls and processes, and lead process improvement projects.

Responsibilities

How do I make an impact on my team?

  • Lead full cycle AP function as well as month-end sub-ledger close, balance sheet reconciliations, reporting, supplier maintenance, and overall governance.
  • Oversee and direct payroll team ensuring compliance with laws and tax regulations.
  • Collaborate directly with the Vendor Risk Management (VRM) team to identify, manage and monitor risks associated with vendors.
  • Responsible for leading, coaching, and developing the accounts payable and payroll teams.
  • Determine work procedures and expedite workflow for accounts payable areas; assign duties and examine work of subordinates for exactness and conformance to policies and procedures.
  • Partner with internal stakeholders to leverage vendor discounts, payment terms, rebates programs, and indirect spending (including Travel and Expense card administration).
  • Develop a strong understanding of the Company's vendor payment and reporting processes.
  • Lead a timely and effective accounting close for month, quarter, and year-end.
  • Lead or support regulatory compliance matters including 1099 preparation and federal, state, and local regulatory filings.
  • Build upon and improve the Company's financial system capabilities and current control environment.
  • Champion the Accounts Payable department's policies, process and procedure documentation.
  • Collaborate to develop procedures within other functional areas in Accounting Department.
  • Pioneer, lead, and follow in matters related to cross-functional process improvements and projects.
  • Support internal and external financial reporting processes.
  • Recommend and implement best practices that leverage technology and automation to standardize workflow and processes across multiple platforms.
  • Develop reporting of AP metrics and KPIs that define effectiveness, cash flow and automation opportunities.
  • Compile various composite operating and financial statements.
  • Provides support to the ERP system to develop reports and to address areas of needed enhancements.
  • Lead or support internal and external audits.
Qualifications

What our team expects from you?
  • Minimum of abachelor's degree in accounting is required.
  • 5+ years of relevant accounting experience.
  • Minimum of 3 years in payroll management.
  • Minimum of 4 years of direct supervisory responsibilities including experience making hiring decisions, writing performance reviews, and providing performance coaching.
  • Experience with a multi-entity ERP system to drive process efficiencies.
  • Understanding of GAAP and audit process/requirements.
  • Extensive knowledge and experience with Excel and accounting software.
What can you expect from Navitus?
  • Hybrid Madison WI
  • Paid Volunteer Hours
  • Educational Assistance Plan and Professional Membership assistance
  • Referral Bonus Program - up to $750
  • Top of the industry benefits for Health, Dental, and Vision insurance, Flexible Spending Account, Paid Time Off, Eight paid holidays, 401K, Short-term and Long-term disability, College Savings Plan, Paid Parental Leave, Adoption Assistance Program, and Employee Assistance Program

We are unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming.

#LI-Hybrid

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