Source-to-pay Manager

JOB DESCRIPTION:

About Abbott

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritional and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to:

• Career development with an international company where you can grow the career you dream of.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® and ZonePerfect® – to help get the nutrients they need to live their healthiest life.

Job responsibilities:

1. Payment process

• Daily oversee end-to-end payment processing including vendor payments and employee business expense reimbursements. Ensure accuracy, timeliness and adherence to company policies and local regulations.
• Resolve payment issues, disputes and identify root cases for improvement.
• Design and implement payment control procedures and key performance indicators to monitor effectiveness of payment process, identify inefficiencies and opportunities for improvement.
• Apply best practice to improve control process, ensure efficiency and compliance with OEC policy and local regulations.
• Capable of design and implement automation tools to streamline operations, workflows and reduce manual works.
• Manage relationships and working networks with relevant stakeholders.      
• Prepare the month-end, year-end closing for related accounts and reports, support for internal and external audits/Corporate/Global team
• Lead the team, provide training, coaching and performance evaluation to team members.
• Work closely with other departments/Global for projects, improvements.
• Provide training and support stakeholders on payment processes and best practices.

2. Treasury

• Monitor and manage daily cash flow, ensuring sufficient liquidity to meet the company's payments from time to time.
• Prepare and maintain both internal and external banking required documents timely and adequately in line with company policies and local banking regulations.
• Establish and maintain relationships with banks
• Ensure all treasury operations comply with regulatory requirements and internal policies.

MINIMUM BACKGROUND/ EXPERIENCE REQUIRED

• Bachelor's degree in Finance and Accounting, Advance degrees or certifications can be advantageous.
• Several years of experience in source-to-pay process, treasury management or similar roles, preferably in a foreign company.
• Strong knowledgeable in GAAP, Tax, legislations and other regulations.
• Experience with cashflow forecasting and variance analysis.
• Proven experience in leading teams and managing cross-functional projects.
• Ability to drive process improvements and manage operational initiatives.
• Excellent communication and negotiation skills.
• Strong problem-solving abilities and focus to detail.
• High integrity and acting with due diligence.
• Proficient in MS Office and English (verbal and written). Good SAP; Power BI,  Dashboard… is an advantage.

The base pay for this position is

In specific locations, the pay range may vary from the range posted.

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