P2P Accounts Payable Accounting Team Lead

The P2P Accounts Payable Accounting Team Lead at Zoetis is responsible for overseeing the accounting and reconciliation aspects of the Procure-to-Pay (P2P) process, with a strong focus on ensuring the accuracy and timeliness of balance sheet account reconciliations. This role ensures that all aged balances over 90 days are investigated and resolved, supporting financial integrity and compliance with internal controls and accounting standards. The Team Lead will manage a team of Accounts Payable professionals, drive continuous improvement, and collaborate with cross-functional stakeholders to ensure accurate financial reporting and audit readiness.

Main Responsibilities

Team Leadership and Development

• Lead, coach, and develop a team of AP accounting professionals, aligning their work with Zoetis’ financial goals.
• Monitor team performance through KPIs, individual development plans (IDPs), and individual performance metrics.
• Ensure up-to-date documentation including SOPs, process maps, and succession plans.

Accounting Oversight and Compliance

• Ensure timely and accurate reconciliation of AP-related balance sheet accounts.
• Investigate and resolve aged balances over 90 days, ensuring proper documentation and root cause analysis.
• Maintain compliance with SOX controls, internal policies, and accounting standards.
• Approve journal entries, accruals, and adjustments in accordance with policy.

Operational Excellence and Controls

• Oversee the execution of key accounting controls such as GR/IR clearing, vendor advances, and AP trade balances.
• Ensure completeness and accuracy of AP subledger to general ledger reconciliation.
• Support internal and external audits by providing documentation and explanations for account balances.

Process Improvement and Issue Resolution

• Identify and implement process improvements to enhance reconciliation accuracy and efficiency.
• Collaborate with IT, GPO, and other stakeholders to resolve system or process issues impacting account balances.
• Act as a senior escalation point for complex accounting issues within the P2P process.

Stakeholder Collaboration and Communication

• Partner with Controllers, Finance Managers, and Shared Services to ensure alignment on reconciliation and reporting standards.
• Provide training and guidance to internal teams on accounting procedures and controls.
• Communicate proactively with stakeholders regarding aged items and resolution plans.

Reporting and Analysis

• Ensure timely reporting of reconciliation status, aged items, and root cause trends.
• Support monthly, quarterly, and annual close processes with accurate and complete account reconciliations.
• Contribute to financial reporting processes such as BSR, Flux analysis, and audit schedules.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 5 years of experience leading and managing teams, including setting goals, providing feedback, conducting performance reviews, and supporting career development.
• Proven experience in balance sheet account reconciliation and aged item resolution.
• Strong knowledge of internal controls, SOX compliance, and financial reporting.
• Excellent analytical, communication, and leadership skills.

We Offer:

• Exposure to a dynamically growing leader of the global animal health-care segment
• Competitive salary and benefits package (private healthcare and insurance, Meal allowance, Parking, corporate events for employees)
• Professional and supportive working environment
• Co-funding of professional qualifications and program Tuition reimbursement
• Modern office space with Doctor's office
• Possibility to work remotely from home on selected days
• Asociación Solidarista

Any unsolicited resumes sent to Zoetis from a third party, such as an Agency recruiter, including unsolicited resumes sent to a Zoetis mailing address, fax machine or email address, directly to Zoetis employees, or to Zoetis resume database will be considered Zoetis property. Zoetis will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Zoetis will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees. This includes any Agency that is an approved/engaged vendor but does not have the appropriate approvals to be engaged on a search.