Manager, Accounts Payable

Reposted 6 Days Ago
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Collegeville, PA, USA
In-Office
Senior level
Healthtech
The Role
The Global AP Manager leads the accounts payable function, drives process improvements, manages a team, and ensures compliance and efficiency in payables operations across locations.
Summary Generated by Built In

At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible. 

Position Summary:

We are looking for a transformational leader, with an eye for automation and a process improvement mindset, to lead our accounts payable finance shared services function at Globus Medical.

The ideal candidate is a detail-oriented, organized, and methodical leader, who is driven to maximize accuracy, efficiency, and consistency throughout our procure to pay processes.  A successful candidate will be able to work in a fast-paced environment with the ability to multi-task.  A willingness to challenge historical approach and embrace technology is imperative for success in this role.

This individual will be responsible for executing on day-to-day accounts payable processing and ensuring first time pass on invoice and expense report processing. This role is part of the Shared Services leadership team and is expected to drive collaboration and alignment between procurement/supply chain and accounts payables resources.  This role also includes a strategic focus that assists the Director of Finance Shared Services to lead cross-departmental and technology improvement initiatives to champion change towards delivery of best-in-class payables processing to the company.  The incumbent should have experience operating in a multi-million-dollar business with high AP volume, while having risk mitigation responsibilities working for a publicly traded company.

The Manager, Accounts Payable will work closely with the accounting teams, to ensure an accurate monthly close that includes reconciliation of accounts payable to cash, reporting on accounts payable key productivity indicators and to deliver monthly reports/analyses on a timely basis and assess/implement enhancements to our existing financial processes.  Successfully partnering with a cross-functional team, including Purchasing, Operations, Manufacturing, among others, will be essential to providing world class service.

Essential Functions:

  • Lead, supervise, train and mentor a team of direct and indirect reports across our domestic locations

  • Define, apply, and maintain standardized processes and policies

  • Create and monitor standardized KPIs to evaluate effectiveness and efficiency of the global accounts payable function

  • Manage alignment and coordination of internal and third-party (e.g. Concur) resources as it relates to training and accounts payable automation

  • Assist with the development and execution of AP SLA (service level agreement)

  • Drive collaboration between Supply Chain & Payables and related organizations focusing on process, workflow and technology improvements

  • Evaluate data to identify business opportunities and risks

  • Review AP accrual and conduct AP reconciliation activities and explain variance analysis

  • Ensure a strong internal AP control environment

  • Effectively communicate results with management

  • Willingness to challenge the status quo and perform all tasks with an emphasis on developing automation and efficiency

  • Prepare ad-hoc analysis at the request of management

  • Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies.

  • Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role

  • Represents the company in a professional manner and uphold the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Qualifications:

  • Minimum of a bachelor’s degree in accounting, finance, or related field

  • 10+ years of progressive experience in accounts payable processing; preferably in a shared services environment

  • Minimum of 5 years of management responsibility of full cycle accounts payable experience, including, voucher entry, payment processing, and discrepancy management

  • Managed with deep experience in PTP (procure to pay) in a large organization

  • Resource and project management skills

  • Able to communicate and persuade at all levels

  • Familiarity with shared service business concepts, practices, and procedures

  • Direct experience with Concur and AP automation required

  • Strong organizational skills

  • Excellent verbal/written communication and presentation skills

  • Experience with Concur, Sage, and Microsoft AX, a plus

  • Experience with mainstream global ERP systems, a plus

  • Vendor master data management, a plus

  • Change management and policy deployment, a plus

  • Lean/Six Sigma/Continuous Improvement experience, a plus

Physical Demands:

The physical demands listed here are representative of those that must be met by and employee to successfully perform the essential functions of this job.

  • Required to sit; climb or balance; and stoop, kneel, crouch or crawl

  • Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds

  • Required to possess specific visons abilities, including: close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus.

Our Values:

Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.

  • Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.

  • Customer Focused: We listen to our customers’ needs and respond with a sense of urgency.

  • Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.

  • Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.

 

Equal Employment Opportunity:

Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful.

 

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Top Skills

Concur
Global Erp Systems
Microsoft Ax
Sage
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The Company
HQ: Audubon, PA
2,179 Employees
Year Founded: 2003

What We Do

Globus Medical, Inc. is a leading musculoskeletal solutions company and is driving significant technological advancements across a complete suite of products. Founded in 2003, Globus’ single-minded focus on advancing surgery has made it the fastest growing company in the history of orthopedics. Globus is driven to utilize superior engineering and technology to achieve pain free, active lives for all patients. Additional information can be accessed at www.globusmedical.com. IMPORTANT NOTICE TO JOB APPLICANTS: POTENTIAL FRAUD ALERT. Globus Medical has been made aware of an online scam where unknown entities are posing as Globus Medical recruiters in an attempt to obtain personal information as part of our application or job offer process. Before providing any personal information to outside parties, please verify the following: • All legitimate Globus Medical recruiter email addresses end with “@globusmedical.com” • No application process should include a cloud-based document (ex. Google doc) asking for personal information • The position described is found on our careers site at globusmedical.com/careers

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