Inovalon

Senior Manager Accounts Payable

Job Locations US-MD-Bowie
Requisition ID
2017-7385
Category (Portal Searching)
Finance

Overview

Inovalon is a leading technology company that combines advanced cloud-based data analytics and data-driven intervention platforms to achieve meaningful insight and impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape. Inovalon's unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action.

 

Inovalon is seeking a self-motivated Accounts Payable professional with a proven ability to lead a team in a fast-paced environment, processing a high volume of transactions.  A successful candidate will demonstrate excellent organizational and communication skills; coordinate multiple concurrent tasks; and identify opportunities to implement new processes while increasing the business’s productivity.

 

Responsibilities

  • Direct and control all accounts payable workflows and functions through the Accounts Payable team from receipt of invoices through approval, payment and reconciliation. Provide guidance as needed for employee, system, process, or policy issues including performance reviews;
  • Manage, document, verify, and enforce all internal and external policies and regulations as they apply to accounts payable for all locations;
  • Oversee all other projects and ad hoc initiatives as required from inception to completion including the accounts payable integration of recently acquired entities;
  • Form and manage successful and continuous vendor relationships including overseeing data transmissions, resolving issues and disputes and ensuring the vendor performance is up to expected standards. This includes data feeds to third party vendors and banking institutions;
  • Establish standard methods of calculations and assure correctness for appropriate processing of vendor payments classified for 1099 reporting including year-end tax document creation and filing. This includes leading and implementing an electronic 1099 system;
  • Develop and provide training and resource materials for employee company credit card travel and entertainment system; conduct formal and informal coaching and training sessions as required; and
  • Participate in leadership meeting and well as provide quarterly resolution reports  of accounts payable unclaimed property issues and/or record and report any property required to be submitted as regulated.

Qualifications

  • Bachelor's degree in Accounting, Finance or related field; or equivalent subject matter expertise and analytical ability acquired through on the job experience;
  • Minimum of 10+ years of progressive experience in Accounts Payable and or experience implementing accounts payable systems;
  • 4+ years of leadership experience required;
  • Excellent communication skills, both verbal and written, with demonstrated ability to maintain confidentiality in all interactions;
  • Demonstrated experience with project management and process improvement;
  • Extensive experience with accounts payable systems, workflows, banking institution requirements, federal and state government agency reporting requirements, and familiarity with ERP systems such as Oracle Cloud;
  • Knowledgeable of US GAAP, GL, accruals and SOX;
  • Strong skills with Microsoft Excel; and
  • Healthcare/Technology industries experience a plus.

 

Inovalon provides equal employment opportunities (EEO) to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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