Job Description
About the position
The Accounts Receivable Manager leads receivables activities for a dynamic, growth‑oriented life sciences organization operating in a highly compliance‑driven environment. This role is accountable for billing precision, collection efficiency, and stewardship of customer and AR data while maintaining alignment with contractual obligations and regulatory standards.
- Responsibilities
- Direct all core receivables activities, including customer billing, payment posting, discrepancy management, collections, and balance reconciliation.
- Ensure invoices are generated accurately and consistently with contractual pricing, chargeback arrangements, government pricing requirements, wholesaler agreements, and specialty distribution models.
- Oversee the application of customer payments to maintain accurate AR balances and minimize unapplied cash.
- Establish and maintain customer accounts, including credit review and limit management, in collaboration with commercial and field teams.
- Analyze receivables aging and proactively implement actions to improve cash flow, shorten collection cycles, and reduce outstanding balances.
- Lead the investigation and resolution of payment variances such as short pays, deductions, and disputes stemming from pricing differences, rebates, returns, or contract terms.
- Apply a process‑driven, scalable approach to AR operations, identifying opportunities for efficiency and continuous improvement.
- Maintain adherence to regulatory and compliance requirements relevant to pharmaceutical revenue and accounts receivable activities, including: Government pricing and reimbursement considerations that impact invoice accuracyTransparency and reporting awareness related to customer payment activityContract execution, documentation, and audit readiness
- Serve as a key point of contact for audit support, preparing reconciliations, schedules, and supporting documentation for both internal reviews and external examinations.
- Requirements
- Bachelor’s Degree in Accounting
- 5-8 years experience in successfully leading a team in the Accounts Receivable function
- Ability to drive continuous improvement of AR workflows, internal controls, and automation
- Ability to organize the team to maintain SOPs and and ensure team members follow standardized processes
- Nice-to-haves
- CPA/MBA
- Experience in implementing S/4 HANA is a plus
- Benefits
- 15% bonus - scorecard of EBITA, revenue and cash flow
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