Accounts Payable Supervisor at Abbott

Taguig City, National Capital Region, Philippines

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, FinanceIndustries

Requirements

Bachelor’s Degree holder, preferably in Business, Finance, Accounting, or Industrial Engineering
Excellent attention to details and proven organizational skills
Functional and Technical Skills: Decision Quality, Problem Solving, Priority setting and time management, Process Management, Drive for results, Delegation
Critical thinking and continuous improvement mindset
Customer Focus

Responsibilities

Supervise, coach, and develop a team of STP / AP Specialists and Associates
Monitor daily deliverables and ensure timely execution of invoice processing (PO and non-PO), Concur (Travel and Expense) reconciliations, and vendor requests
Assist in issue resolution with or between internal contributors or external parties to the process
Perform, facilitate, and review day-to-day disbursements operations within Shared Services operations
Provide support for team members in problem-solving and general information; serve as first level of escalation matrix for issue resolution and handling
Ensure processing is performed within standards and allows for service level attainment
Direct oversight of Reporting and Month-End Close activities: Lead Accounts Payable month-end activities, including dashboard and checklist preparation; support month-end report and metrics preparation for management review
Lead team activities to develop clearly defined, achievable team and individual goals; capture and review scorecard key performance indicators (KPIs) and measurement outcomes on a daily, weekly, and period basis
Promote continuous process improvement by identifying process inefficiencies/trends and providing achievable resolutions
Collaborate with Procurement, Treasury, Accounting, and IT on process alignment; work closely with internal stakeholders and STP Global Process Owner team to prioritize and target exceptions for improvement/elimination
Adhere to internal controls, company policies, and approval matrix; support internal and external audit processes by providing documentation and information
Create, update, and implement job-related SOPs
Train and develop new hires, monitor their progress and performance
Act as back-up for Accounts Payable Manager
Other duties as assigned
Ensure ongoing compliance with procedures, SLAs established with supported entities in Asia Pacific, and relevant country-specific policies and regulatory requirements
Manage a variety of Accounts Payable processes including invoice verification and posting, payments processing/reconciliation/clearing, sub-ledger month/quarter/year-end procedures/reporting/accruals/reconciliation, Travel and Expense Concur review/approvals, vendor reconciliation, invoice-related tax and bank processing compliance, process enablement for automation/auto postings, and exception processes

Skills

Accounts Payable

Invoice Processing

Payment Processing

Vendor Reconciliation

Concur

Travel and Expense

Accruals

Sub-ledger Reconciliation

Process Improvement

Team Supervision

SLA Management

ERP Systems

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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