Accounts Payable (AP) & Card Services Analyst - IAS - "global Life - sciences Leader"

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 65,000+ 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:

1. Perform business support processes for the credit card programs, including card set up and administration, auditing, compliance, and card holder support
2. Ensure that credit card transactions are approved and oversee credit card program spend relative to the established rebate threshold amounts
3. 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.
4. 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
5. Responsible for validating Procure to Pay Standard Operating Procedures (SOPs) used by offshore AP team
6. 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.

Why us:

• Labcorp, a global leader in natural sciences, is a company committed to improving health and providing clear, confident solutions through its research into diagnosis and drug offerings.

• Labcorp supported the pharmaceutical industry develop more medicines worldwide than any other company, including the top 50 best-selling drugs on the market today.

• We are also the world´s biggest Central Lab, generating more clinical trial data than all other central laboratories combined.

• Our Early Phase Solutions have proved to shave off 30 % time from lead candidate to Proof of Concept.

• Labcorp were the first in receiving FDA approval to perform COVID19 tests using an at-home collection kit.

• Join us and see why we are uniquely positioned to offer you not only a job, but a stable, long-term international career, and why more than 90% of the top 20 global pharmaceutical companies are repeat customers.

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

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