Accounts Payable (AP) & Card Services Analyst - IAS - "Global Life-sciences Leader"
Title: Accounts Payable (AP) & Card Services Analyst
Location: Sofia, Bulgaria
Type: hybrid or remote
Position type: Full-time, permanent role
Division: Finance
About Labcorp:
We are a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development laboratory capabilities, our 60,000+ employees combine cutting-edge innovation, science and technology to solve some of today’s biggest health challenges, accelerate life-changing healthcare breakthroughs and impact lives around the world.
About the role:
This position works within the Accounts Payable (AP) and Travel Expense (T&E) modules to manage and support overall function and streamline business processes related to Procurement to Payment services performed by both onshore and offshore AP and Card Services teams.This position will assist with validating the Standard Operating Procedures followed by the AP and Card Services teams, both, onshore and offshore, as well as ensuring business unit compliance with Labcorp Procure to Pay, T&E and purchase card policies and procedures. Position is responsible for resolving escalations from the offshore AP team by working with the relevant Labcorp business units and for providing feedback and training to these business units to mitigate future APrework. Position is responsible for resolving escalations and inquiries from the Card Services stakeholders and for providing feedback and training when necessary to these stakeholders.
Main tasks:
Perform business support processes for the credit card programs, including card set up and administration, auditing, compliance, and card holder support
Ensure that credit card transactions are approved and oversee credit card program spend relative to the established rebate threshold amounts
Work with Bank and card holders from around the company to provide client service internally regarding any ad hoc credit card requests or queries, and resolve issues as needed.
Responsible for following and maintaining global standard processes for the Procure to Pay business flow, with ownership of judgement-based activities including the virtual card program, vendor statement exception research, 1099 reporting, and escheating activities
Responsible for validating Procure to Pay Standard Operating Procedures (SOPs) used by offshore AP team
Identify, analyze, and resolve complex and escalated Procure to Pay transactions from the offshore AP team, which cannot be paid due to an existing issue
Partner with relevant finance & business leaders to address issues that arise within the Procure to Pay cycle through regular interaction.
Make recommendations for improvements in processes and/or quality of information reported and assist with implementation of action plans
Perform other related duties or special projects as assigned
Qualifications:
5+ years of business experience within Accounting or Finance with increasing responsibility
Previous experience with ERP system (PeopleSoft/Oracle Accounts Payable and or Purchasing applications preferred)
Experience with PeopleSoft/Oracle Vendors module
Adhere to a pro-active approach, with the ability to problem solve, and interact professionally with internal and external clients to meet everyone’s needs in an effective and timely manner
Demonstrate ability to plan, multi-task and prioritize
Proficient in Excel, Word, and PowerPoint (intermediate level)
Attention to details and ability to interpret complex financial and technical information
Technical competencies and experience with various ERPs, reporting and automation software and tools
Lean Six Sigma, Kaizen or other lean/process improvement methodologies knowledge
Strong accounting and economics knowledgebase
Your Experience and education
5+ years of relevant experience
Master`s Degree in Finance or Accounting
ACCA/CIMA or other accounting and finance qualifications will be advantage
What you will find at Labcorp:
• Work-life balance: At Labcorp, you can manage your work-life balance with their employee-friendly leave policy and enjoy dedicated time with your friends and family. Work days are from Monday to Friday with flexible work timings.
• Training & development: Labcorp offers developmental training in self-paced, virtual, and live-in-person formats to help grow your career. The company aims to help improve your cultural awareness, offer valuable global insights and help you develop a strong global mindset. Labcorp increases employee engagement, encouraging cross-team connections and creating a culture of mentorship throughout the organization.
Labcorp is proud to be an Equal Opportunity Employer:
Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
We encourage all to apply
If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility. For more information about how we collect and store your personal data, please see our Privacy Statement.
About the job
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Accounts Payable (AP) & Card Services Analyst - IAS - "Global Life-sciences Leader"
Title: Accounts Payable (AP) & Card Services Analyst
Location: Sofia, Bulgaria
Type: hybrid or remote
Position type: Full-time, permanent role
Division: Finance
About Labcorp:
We are a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development laboratory capabilities, our 60,000+ employees combine cutting-edge innovation, science and technology to solve some of today’s biggest health challenges, accelerate life-changing healthcare breakthroughs and impact lives around the world.
About the role:
This position works within the Accounts Payable (AP) and Travel Expense (T&E) modules to manage and support overall function and streamline business processes related to Procurement to Payment services performed by both onshore and offshore AP and Card Services teams.This position will assist with validating the Standard Operating Procedures followed by the AP and Card Services teams, both, onshore and offshore, as well as ensuring business unit compliance with Labcorp Procure to Pay, T&E and purchase card policies and procedures. Position is responsible for resolving escalations from the offshore AP team by working with the relevant Labcorp business units and for providing feedback and training to these business units to mitigate future APrework. Position is responsible for resolving escalations and inquiries from the Card Services stakeholders and for providing feedback and training when necessary to these stakeholders.
Main tasks:
Perform business support processes for the credit card programs, including card set up and administration, auditing, compliance, and card holder support
Ensure that credit card transactions are approved and oversee credit card program spend relative to the established rebate threshold amounts
Work with Bank and card holders from around the company to provide client service internally regarding any ad hoc credit card requests or queries, and resolve issues as needed.
Responsible for following and maintaining global standard processes for the Procure to Pay business flow, with ownership of judgement-based activities including the virtual card program, vendor statement exception research, 1099 reporting, and escheating activities
Responsible for validating Procure to Pay Standard Operating Procedures (SOPs) used by offshore AP team
Identify, analyze, and resolve complex and escalated Procure to Pay transactions from the offshore AP team, which cannot be paid due to an existing issue
Partner with relevant finance & business leaders to address issues that arise within the Procure to Pay cycle through regular interaction.
Make recommendations for improvements in processes and/or quality of information reported and assist with implementation of action plans
Perform other related duties or special projects as assigned
Qualifications:
5+ years of business experience within Accounting or Finance with increasing responsibility
Previous experience with ERP system (PeopleSoft/Oracle Accounts Payable and or Purchasing applications preferred)
Experience with PeopleSoft/Oracle Vendors module
Adhere to a pro-active approach, with the ability to problem solve, and interact professionally with internal and external clients to meet everyone’s needs in an effective and timely manner
Demonstrate ability to plan, multi-task and prioritize
Proficient in Excel, Word, and PowerPoint (intermediate level)
Attention to details and ability to interpret complex financial and technical information
Technical competencies and experience with various ERPs, reporting and automation software and tools
Lean Six Sigma, Kaizen or other lean/process improvement methodologies knowledge
Strong accounting and economics knowledgebase
Your Experience and education
5+ years of relevant experience
Master`s Degree in Finance or Accounting
ACCA/CIMA or other accounting and finance qualifications will be advantage
What you will find at Labcorp:
• Work-life balance: At Labcorp, you can manage your work-life balance with their employee-friendly leave policy and enjoy dedicated time with your friends and family. Work days are from Monday to Friday with flexible work timings.
• Training & development: Labcorp offers developmental training in self-paced, virtual, and live-in-person formats to help grow your career. The company aims to help improve your cultural awareness, offer valuable global insights and help you develop a strong global mindset. Labcorp increases employee engagement, encouraging cross-team connections and creating a culture of mentorship throughout the organization.
Labcorp is proud to be an Equal Opportunity Employer:
Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
We encourage all to apply
If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility. For more information about how we collect and store your personal data, please see our Privacy Statement.