Accounts Payable Operations Manager
3 weeks ago
The Accounts Payable Manager at Lincare Holdings is responsible for the overall management of AP operations, including the effective management of outsourced services vendors and the timely payment of all vendor invoices and employee claims. This role ensures that all material purchases, especially Cost of Sales, are accurately accounted for and accrued for in the financial books at month-end.
Key Responsibilities:- Provides leadership in ensuring all vendor invoices, especially utilities and material purchases, and employee claims are processed and paid accurately and on time.
- Responsible for implementing necessary AP operational controls to manage risks and prevent fraud.
- Provides leadership to ensure timely month-end AP closing, including accounting of material purchases, especially cost of sales purchases.
- Manages AP statutory obligations like Unclaimed Properties filing.
- Manages refunds to patients and insurance payers.
- Oversees the Corporate Credit Card Program Management.
- Supports both internal and external audits.
- Serves as process, control, and system/application owner of all AP-related processes/systems (both outsourced and retained services), continuously challenging processes/tools to define more efficient ways of doing things without sacrificing controls.
- Collaborates with HR on setting up guidelines on employee-related claims.
- Collaborates with Procurement for what is necessary to enable processing of invoices, especially prompt payment invoices.
- Collaborates with Treasury for funding and cash flow projection requirements.
- Collaborates with Accounting, especially during month-end close, supporting costs/payable analysis.
- Operates in constant collaboration with the field to provide guidance on the Procure to Pay process for their adherence to support smooth business operations.
- Manages the Telecommunication team.
- Supports company programs that will help improve its financial position.
- Provides necessary information to the leadership team to support decision-making processes.
- Responsible for tactical planning to achieve department objectives.
- Responsible for the guidance and development of employees.
- Performs other duties as assigned.
- Complies with all policies and standards.
- Bachelor's Degree in Business Administration, Accounting, or Finance Required.
- At least 10 years of broad experience in accounting operations in the healthcare industry (preferred) or any multi-national companies.
- At least 4 years in a Managerial position.
- Recognized finance qualifications (Chartered Accountant).
- Excellent Analytical, Problem-Solving, Time Management, and People Management Skills as well as hands-on knowledge of Accounting/Finance processes and controls.
- Extensive knowledge on SOX controls.
- Exposure in an organization with integrated ERP Systems.
- Goal and performance-oriented.
- Strong Communication Skills - verbal and written.
- Able to interact and build relationships across functions and with different levels of the organization.
- Positive attitude on changes.
- In-depth knowledge of AS400 and Showcase Query or its equivalent (optional).
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