Accounts Payable Manager - Omnicare

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Omnicare is a leading provider of pharmacy services to long-term care facilities nationwide, supporting skilled nursing facilities, assisted living communities, and other institutional care settings. Following the sale of Omnicare by CVS Health, this role will support Omnicare and its continued operations as an independent, standalone organization. Candidates should be aware that this role will not remain within CVS Health following the transaction. The individual hired into this role will be employed by Omnicare and will contribute to shaping the future of our organization during this exciting period of growth and transformation.

Job Description

As the Accounts Payable Manager, you will oversee the daily activities and processes of the accounts payable department and partner with and support external areas that impact the department. With the direction and guidance of the Controller and Sr Leadership, you will manage the strategic direction of the department in addition to supporting ongoing workloads, process improvements, and department initiatives. You will have an active role in performance reviews and coaching the staff to enhance productivity, accuracy, and efficiency amongst the team. You'll be called upon to execute a variety of AP responsibilities based on evolving department and business needs.
 

What you will do:

• Oversee the conversion and stand up of Oracle NetSuite and related vendor partners including the establishment of key controls for processing payments through the ERP system and by payment processing partners.
• Oversee the processing and verification of invoices received from vendors.
• Coordinate the payment process, which includes scheduling payments, preparing checks or electronic transfers, and maintaining accurate payment records.
• Ensure that payments are made within agreed-upon terms to avoid late payment penalties.
• Implement and enforce financial controls and procedures to safeguard company assets and ensure compliance with internal policies and external regulations.
• Act as a point of contact for vendor inquiries, resolve payment-related issues or discrepancies, and negotiate favorable payment terms when necessary.
• Develop and maintain accounts payable policies, review expense reports, and perform regular audits to identify and address any irregularities or fraudulent activities.
• Analyze data to identify trends, improves efficiency, and provide recommendations for process enhancements. Prepare and present regular reports on accounts payable metrics, such as outstanding payments, aging analysis, and cash flow projections.
• Lead a team of accounts payable professionals by providing guidance, training, and supporting to team members, assigning tasks, monitoring performance, and ensuring that department goals are met.
• ***Ensure payment processing operations run smoothly and are completed in a timely manner.
   

Required Qualifications:

• 3+ years experience managing Accounts Payable
• Experience in A/P automation and the development of new efficiencies, processes, and implementation of new technologies
• Experience working in ERP systems, specifically, Oracle NetSuite
• Excellent communication skills (both verbal and written and strong interpersonal skills) with an ability to communicate professionally with internal, external, staff and leadership personnel
• Advanced proficiency with Microsoft Office products (Word, Excel, Outlook PowerPoint, Access)

Education

• Bachelor’s degree

This is a remote role.

Anticipated Weekly Hours

Time Type

Pay Range

The typical pay range for this role is:

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

Additional details about available benefits are provided during the application process and on Benefits Moments.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.