Senior Principal Order to Invoice and Accounts Payable Lead

Job title: Senior Principal Order to Invoice and Accounts Payable Lead

Company: Medtronic


Job description: At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.A Day in the Life Integrated Health Solutions (IHS) team members are seasoned professionals with in-depth knowledge of the healthcare value chain, as well as breadth of experience across multiple disciplines. They partner with hospital management teams and payers to drive complex transformational change, implement innovative growth strategies, streamline patient-focused care pathways and optimize operations.We are looking for an experienced Senior Principal Order to Invoice (OTI) and Accounts Payable (AP) Lead who will be working in the IHS Supply Chain and Customer Care back office, as part of an EMEA team. Your role will see you managing the OTI and AP processes predominantly within the UK market, ensuring processes and data quality is in place to deliver on time and accurate customer invoicing. You will have indirect reporting lines of team members in Prague and India. This is a remote role but based in UK. The role requires a willingness to travel within the UK to client and Medtronic locations (25%) and occasionally within the EMEA (Europe, Middle East and Africa).Responsibilities may include the following and other duties may be assigned:

• Ensure accurate and on time client billing, identify and address root cause analysis of invoicing issues. This will require working with multiple stakeholders across the IHS organisation, including commercial, service delivery, sourcing and procurement, customer care and supply chain
• Establish a governance structure with internal and client teams to monitor and address billing related issues
• Establish KPIs to track billing trends, usage forecasts, spend analyses at account level
• Drive process improvement with billing (introduction of automation, quality checks)
• Ensure up to date Accounts Payables and prompt issue resolution for our UK supplier base
• Work closely with IHS sourcing and procurement team to address vendor specific issues in order to bring down overdue invoices
• Work alongside IHS and Medtronic Finance team on topics relating to costing/ revenue capture/ forecasts
• Manage demands of stakeholders and ensure that needs are consistently met (e.g., ready to bill for new accounts)

Required Knowledge and Experience:

• Broad experience in customer care, procurement and/ or billing or financial operations
• Highly analytical/process oriented and able to identify and resolve root causes of inefficiencies
• Extensive experience of ERP systems – either SAP and/ or Microsoft Business Central
• Strong verbal and written communication skills (in English) with the ability to liaise, influence and negotiate effectively at all levels
• Bachelor’s degree
• Medical device industry experience preferred

Physical Job RequirementsThe above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.Benefits & CompensationMedtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).About MedtronicWe lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.Learn more about our business, mission, and our commitment to diversity

Expected salary:

Location: Watford, Hertfordshire

Job date: Sun, 02 Feb 2025 07:35:32 GMT

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