Senior Manager, Accounts Receivable
Senior Manager, Accounts Receivable
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Salary Not Disclosed
1 Vacancy
Job Description
The Sr. Manager Accounts Receivable will lead mentor and develop a world class collections team in a fastpaced environment while minimizing risk according to company policy SarbanesOxley internal controls and SLAs. This position is responsible for the overall collection strategy; direction operational processes resources and tools that enable AbbVie accounts receivable to be more effective and efficient. This position partners with sales finance legal customer operations and sales management across all AbbVie organizations to effectively communicate risk and develop tools/plans for mitigation with the goal of improving overall collection productivity. This role requires excellent organizational skills ability to think analytically and execute flawlessly in a highvolume environment. Developing people is a priority and this position is responsible for the management of individual development plans within the team.
Responsibilities
Financial:
Build and lead a costeffective organization that effectively manages AbbVie assets and collects and applies cash from US customers. Ensure that the risk of financial loss from bad debt is minimized while supporting sales growth where possible.
Ensure that AR related Generally Accepted Accounting Principles (GAAP) SarbanesOxley (SOX) Uniform Commercial Code (UCC) and all other applicable compliance requirements are consistently met or exceeded. Develop implement and audit department policies and procedures related to minimizing losses and increasing recovery dollars.
Perform daily weekly and monthly audits on customer accounts to ensure accounts receivable processes are yielding best possible DSO performance.
Set measurable KPIs to ensure activities are driving financial performance goals for the department. Document and escalate system or process opportunities which may cause performance targets to be missed. Implement and maintain appropriate controls and safeguards.
People:
Lead the AR team in achieving both the strategic objectives of the companys AR function and accomplishing daily tasks; approve writeoffs reconciliations lead AR initiatives/projects assess impact of and implement required processes for new initiatives.
Provide positive leadership to the organization. Accountable for the coaching and development of the team by conducting regular staff meetings oneonones and performance audits.
Attract quality people to the department and encourage continuous learning and development.
Collaboration:
Foster a collaborative environment that promotes changes to maximize existing resources while also bringing positive change to current processes. Collaborate with other internal stakeholders and influence decisions to support AR goals and objectives. Maintain open communication with internal stakeholders to stay current on business changes and updates.
Build and maintain strong external customer relations. Analyze design gain division consent and successfully negotiate settlement agreements on disputed AR with our largest customers. Build and maintain strong relations with external operating staff and headquarter functions.
Develop factbased sound recommendations for large account disputed AR settlement offers. Successfully attain executive support and then proactively drive the negotiations with key customers.
Process Improvement:
Act as champion for process improvement within the department and influence process changes across many functional areas and businesses. Serve as a key member of the broader ordertocash business cycle at AbbVie.
Based on recurring payment dispute history identify root cause of recurring payment disputes and implement solutions for process gaps anywhere in the ordertocash cycle.
Qualifications :
Education and Experience
4year undergraduate degree or equivalent experience
5 years related work experience preferably in the pharmaceutical industry
5 years related work experience leading teams and managing team members
Strong computer skills including spreadsheets modeling and financial systems including SAP
Proven experience in process improvement
Key Leadership Competencies:
Exceptional analytical verbal and written communication skills
Strong negotiation and relationship building skills
Strong interpersonal skills including being a team player while also having the ability to partner with and influence others
Ability to work independently with multiple priorities and tight deadlines
Mature business acumen with ability to work with complex business scenarios
Excellent planning organization and time management/efficiency skills
Attention to detail sense of urgency
Additional Information :
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location and we may ultimately pay more or less than the posted range. This range may be modified in the future.
We offer a comprehensive package of benefits including paid time off (vacation holidays sick) medical/dental/vision insurance and 401(k) to eligible employees.
This job is eligible to participate in our shortterm incentive programs.
This job is eligible to participate in our longterm incentive programs
Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commission incentive benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole and absolute discretion unless and until paid and may be modified at the Companys sole and absolute discretion consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity driving innovation transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.
US & Puerto Rico only to learn more visit & Puerto Rico applicants seeking a reasonable accommodation click here to learn more:
No
Employment Type :
Fulltime
Employment Type
Full-time
