[Remote] Manager, Accounts Payable at Alto Pharmacy

Texas, United States

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Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Healthcare, Pharmacy, TechnologyIndustries

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related field
5+ years of experience in accounts payable and payment operations
1+ years of experience managing or supervising a team
In-depth knowledge of payment systems and AP processing platforms
Experience with Coupa for accounts payable management and Sage Intacct for financial operations
Experience with payment gateway integrations and financial technology solutions
Strong analytical skills and ability to identify areas for process improvement
Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams
Experience leading and managing teams to deliver results in a fast-paced environment
Proficient in Microsoft Excel and Google Products; experience with ERP systems is a plus
Preferred: Experience in the healthcare or pharmacy industry
Preferred: Familiarity with emerging payment technologies (e.g., blockchain, mobile payments)
Ability to work at a computer terminal for extended periods, stoop, bend, reach, make repetitive motions, lift up to 20 pounds, and communicate effectively
Ability to travel occasionally, including sitting for extended periods, lifting luggage, navigating airports, and adjusting to time zones/climates

Responsibilities

Manage end-to-end accounts payable process
Oversee reconciliation processes, ensuring payments are processed accurately and on time
Prepare and distribute weekly AP aging reports to support cash flow planning and vendor communications
Ensure compliance with applicable payment regulations, including PCI-DSS, HIPAA, and other industry standards
Utilize Coupa for procurement and expense management processes to streamline accounts payable and payment operations
Leverage Sage Intacct for financial reporting, reconciliation, and compliance tracking to maintain accurate payment records
Collaborate with the finance team to prepare payment reports, identify trends, and provide insights for process improvements
Manage month-end close tasks related to AP using FloQast, ensuring documentation and task completion
Ensure timely and accurate processing of 1099s, including data gathering, review, and filing
Develop and implement policies and procedures to ensure efficient, secure, and compliant accounts payable and payment operations
Assist in resolving payment-related issues for both customers and internal teams, ensuring a seamless experience
Lead a team of payment specialists, providing coaching, training, and support
Stay up-to-date with industry trends, new payment technologies, and best practices to continually improve payment systems

Skills

Key technologies and capabilities for this role

Accounts PayableCoupaSage IntacctFloQastPCI-DSSHIPAAReconciliation1099 ProcessingPayment OperationsProcurementExpense ManagementFinancial Reporting

Alto Pharmacy

Digital pharmacy offering same-day medication delivery

About Alto Pharmacy

Alto Pharmacy operates as a digital pharmacy that delivers medications directly to customers' homes on the same day. This service is designed for individuals who may not have the time to visit a traditional pharmacy. Customers can use the Alto app to consult with pharmacists about their medications, addressing any concerns they may have regarding side effects or other issues. Additionally, Alto Pharmacy helps customers save money by actively searching for coupons and discounts to provide medications at lower prices. Unlike many traditional pharmacies, Alto focuses on convenience and customer care, making it easier for people to manage their prescriptions. The company's goal is to enhance the pharmacy experience by combining fast delivery, accessible pharmacist support, and cost-saving options.

San Francisco, CaliforniaHeadquarters

2015Year Founded

$664.4MTotal Funding

CONVERTIBLECompany Stage

HealthcareIndustries

501-1,000Employees

Benefits

Generous time off

Comprehensive medical, dental, & vision plans

401k

Life & disability insurance

Parental leave

Equity

Risks

Amazon Pharmacy's expansion could increase competition for Alto.

The recent funding round at a lower valuation indicates a tough fundraising environment.

Contamination at Novo Nordisk's factory may disrupt Alto's diabetes medication supply.

Differentiation

Alto offers same-day delivery, enhancing convenience for busy individuals.

The company provides pharmacist consultations via an app, improving customer care.

Alto actively searches for cost-saving options, reducing medication expenses for customers.

Upsides

Alto's partnership with Cuban's Cost Plus expands access to medications.

The integration of telehealth services complements Alto's digital pharmacy model.

AI-powered medication management can enhance Alto's service offerings.

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