Accounting Manager - Hybrid

Company

Navitus

About Us

Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.

Pay Range

USD $87,954.48 - USD $118,712.00 /Yr.

Work Schedule Description (e.g. M-F 8am to 5pm)

Monday -Friday 8am- 5pm CST

Overview

This is a Hybrid position in Madison WI 

 

Due to growth, we are adding a Manager, Accounting to our Accounting department. 

 

The Manager, Accounting is responsible for overseeing the day-to-day operations of the Accounts Payable function for trade vendors, members, and pharmacy payments within the Accounting Department. This involves managing a team of accounts payable specialists, ensuring accurate and timely processing of invoices, maintaining vendor relationships, and collaborating with internal team members and cross-functional partners. Indirect oversight of the payroll team and ensure accurate and timely processing of payroll. This position also works to maintain data quality in the financial system, develop effective internal controls and processes, and lead process improvement projects.

 

Is this you? Find out more below!  

Responsibilities

How do I make an impact on my team?  

 

• Lead full cycle AP function as well as month-end sub-ledger close, balance sheet reconciliations, reporting, supplier maintenance, and overall governance
• In-depth analysis of data integrations between Oracle Fusion and the Revenue and Billing system
• Collaborate directly with the Vendor Risk Management (VRM) team to identify, manage and monitor risks associated with vendors
• Lead, mentor, and develop the Accounts Payable team, fostering a culture of continuous improvement and professional growth
• Determine work procedures and expedite workflow for accounts payable areas; assign duties and examine work of subordinates for exactness and conformance to policies and procedures
• Partner with internal stakeholders to leverage vendor discounts, payment terms, rebates programs, and indirect spending (including Travel and Expense card administration)
• Develop a strong understanding of the Company’s vendor and claims payment and reporting processes
• Engage with cross-functional Navitus team members such as Provider Services, Compliance, Legal among others on standard operating procedures, process improvement and issue resolution
• Lead or support regulatory compliance matters including 1099 preparation and federal, state, and local regulatory filings
• Build upon and improve the Company’s financial system capabilities and current control environment
• Prepare and analyze financial reports related to accounts payable, providing insights to management for decision-making
• Develop reporting of AP metrics and KPIs that define effectiveness, cash flow and automation opportunities
• Lead or support internal and external audits
• Other duties as assigned 

Qualifications

What our team expects from you? 

• Bachelor’s degree in accounting is required
• 5 years of relevant accounting experience
• 4 years of experience in accounts payable, with a proven track record of success in a managerial role
• 4 years of direct supervisory responsibilities including experience making hiring decisions, writing performance reviews, and providing performance coaching
• Experience with a multi-entity ERP system to drive process efficiencies
• Understanding of GAAP and audit process/requirements
• Extensive knowledge and experience with Excel and accounting software
• Participate in, adhere to, and support compliance program objectives  
• The ability to consistently interact cooperatively and respectfully with other employees 

What can you expect from Navitus?

• Hybrid Madison WI 
• Paid Volunteer Hours
• Educational Assistance Plan and Professional Membership assistance
• Referral Bonus Program – up to $750!
• Top of the industry benefits for Health, Dental, and Vision insurance, Flexible Spending Account, Paid Time Off, Eight paid holidays, 401K, Short-term and Long-term disability, College Savings Plan, Paid Parental Leave, Adoption Assistance Program, and Employee Assistance Program

#LI-Hybrid

Location : Address

361 Integrity Drive 

Location : City

Madison

Location : State/Province

WI

Location : Postal Code

53717 

Location : Country

US

Salary : $87,954 - $118,712