Overview
Senior Manager, Finance Jobs in Hamilton – Ontario at Allergan
Title: Senior Manager, Finance
Company: Allergan
Location: Hamilton – Ontario
Category: Finance & Banking, Accounting
Company Description
Abb Vie’s mission is to discover and deliverinnovativemedicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people’s lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about Abb Vie, please visit us at .
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Job Description
Purpose:The Senior Manager, Accounts Receivable for Hospital Segment will lead, mentor and develop a world class collections team in afast-paced environmentwhile minimizing risk according to company policy & Sarbanes-Oxley Internal Controls, policies and SLA’s. This position is responsible for the overall collection strategy for large hospital systems; provide direction, operational processes, resources, and tools that enable Abb Vie accounts receivable to be more effective and efficient.
This position partners with sales, finance, legal, customer operations and sales management across all Abb Vie organizations to effectively communicate risk and develop tools/plans for mitigation with the goal of improving overall collection productivity. The role requires ability to penetrate large hospital environment and effectively engage customers in discussion of resolving past due and processes improvement topics. This role requires excellent organizational skills, ability to think analytically, and execute flawlessly in a high-volume 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 cost-effective organization that effectively manages Abb Vie assets and collects and applies cash from US hospital customers. Ensure that the risk of financial loss from bad debt is minimized while supporting sales growth.
Ensure that AR related Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley (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 KPI’s 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.
Problem Solving andProcess Improvement:
Develop and implement an effective hospital collection model which will improve overall hospital past due situation
Develop and implement hospital collection process and engagement model, and lead the effort to resolve historical aged items which allows recovery of company asset (Bad Debt), which requires closecollaborationwith and influence over sales and Corp Health leaders, Abb Vie legal and compliance team, senior positions at Hospital side.
Build and maintain strong external customer relations. Analyze, design, gain division consent, and successfully negotiate resolution with large and complex hospital systems.
Act as champion forprocess improvementwithin the department, as well …
