Accounts Payable Manager - Omnicare
$60.3k - $132.6kCVS Health
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Omnicare is a leading provider of pharmacy services to long-term care facilities nationwide, supporting skilled nursing facilities, assisted living communities, and other institutional care settings. Following the sale of Omnicare by CVS Health, this role will support Omnicare and its continued operations as an independent, standalone organization. Candidates should be aware that this role will not remain within CVS Health following the transaction. The individual hired into this role will be employed by Omnicare and will contribute to shaping the future of our organization during this exciting period of growth and transformation.
Job Description
Job Profile Summary
The Accounts Payable Manager will oversee the daily activities and processes of the accounts payable department and partner with and support external areas that impact the department. With the direction and guidance of the Controller and Sr Leadership, the Accounts Payable Manager will manage the strategic direction of the department in addition to supporting ongoing workloads, process improvements, and department initiatives. The Accounts Payable Manager will have an active role in performance reviews and coaching the staff to enhance productivity, accuracy, and efficiency amongst the team. The Accounts Payable Manager will be called upon to execute a variety of AP responsibilities based on evolving department and business needs.
This is a remote role.
What you will do
•Oversee the conversion and stand up of Oracle NetSuite and related vendor partners including the establishment of key controls for processing payments through the ERP system and by payment processing partners.
•Oversee the processing and verification of invoices received from vendors.
•Coordinate the payment process, which includes scheduling payments, preparing checks or electronic transfers, and maintaining accurate payment records.
•Ensure that payments are made within agreed-upon terms to avoid late payment penalties.
•Implement and enforce financial controls and procedures to safeguard company assets and ensure compliance with internal policies and external regulations.
•Act as a point of contact for vendor inquiries, resolve payment-related issues or discrepancies, and negotiate favorable payment terms when necessary.
•Develop and maintain accounts payable policies, review expense reports, and perform regular audits to identify and address any irregularities or fraudulent activities.
•Analyze data to identify trends, improves efficiency, and provide recommendations for process enhancements. Prepare and present regular reports on accounts payable metrics, such as outstanding payments, aging analysis, and cash flow projections.
•Lead a team of accounts payable professionals by providing guidance, training, and supporting to team members, assigning tasks, monitoring performance, and ensuring that department goals are met.
•Ensure payment processing operations run smoothly and are completed in a timely manner.
For this role you will need the minimum requirements:
•3-5 years work experience
• Previous Accounts Payable or Finance related experience
• Previous Supervisor or Manager level experience
•Adept at problem solving and decision-making skills
Displays a high degree of adaptability to help the A/P department react quickly and successfully towards the development of new efficiencies, processes, technologies and/or shifts in overall business needs and requirements
• Excellent communication skills (both verbal and written and strong interpersonal skills) with an ability to communicate professionally with internal, external, staff and leadership personnel
• Ability to recognize and formulate change for areas of improvement to increase productivity and efficiency
• Highly organized with excellent time management skills and attention to detail
• Ability to prioritize work and delegate assignments to staff members
• Ability to provide outstanding service while maintaining the financial systems, ethical standards and compliance with internal policies, procedures and controls Preferred Qualifications
• Experience working in multiple ERP systems, specifically, Oracle NetSuite
• Experience within a large, retail or healthcare-oriented organization
• Clear understanding of Accounts Payable and Accounts Payable best practices
• Advanced proficiency with Microsoft Office products (Word, Excel, Outlook PowerPoint, Access)
Education
• Bachelor’s degree or equivalent years of related professional work experience in combination with education.
This is a remote role.
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$60,300.00 - $132,600.00 This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Additional details about available benefits are provided during the application process and on Benefits Moments .
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
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