What are the responsibilities and job description for the Accounts Receivable Supervisor position at Globus Medical?
At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.
Position Summary :
The Accounts Receivable Collections Supervisor will have daily oversight of a team of 8 AR Collections Specialists to maintain department operational standards for Days Sales Outstanding (DSO), aged receivables, and PO collection. The Supervisor will contribute information to strategic plans and reviews, and they will work to implement and maintain production, productivity, quality, and customer-service standards. Issue resolution and identifying system improvements are key to the success in leading the group to the next level. In addition, the Collections Supervisor will provide constructive feedback to personnel / team on a recurring basis in order to motivate, grow and maintain productivity levels. The ideal candidate should be able to clearly articulate results, trends and ideas in formal presentations to management on a regular basis.
Essential Functions :
- Leads, motivates, and supports the AR collections team to execute and accomplish the company's strategic goals.
- Develops positive relationships with customers, pricing management, and field sales management teams.
- Ensures maintenance of department standards for days sales outstanding, aged receivables and PO's.
- Actively monitors and evaluates Daily / Weekly / Monthly metrics and take actions as needed to meet targets.
- Analyzes and resolves administrative errors that are delaying invoicing or payments.
- Provides or facilitates accurate reporting on trends / analysis, KPI's, other metrics and recommend process improvements to management.
- Organizes regular meetings with the AR staff to communicate information and guidance from company leadership and to review policies, procedures, and best practices.
- Negotiates with customers in cases when non-payment occurs.
- Provides direct assistance with special finance projects and analysis while continuing to create efficiencies.
- Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies.
- Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role.
- Represents the company in a professional manner and uphold the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties.
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications :
Physical Demands :
The physical demands listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Our Values :
Our Life Moves Us philosophy is built on four values : Passionate About Innovation, Customer Focused, Teamwork, and Driven.
Equal Employment Opportunity :
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees' talents and support an environment that is inclusive and respectful.
Other Duties :
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
