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Job Title :
Accounts Payable Team Lead
Job ID :
Location :
RI - Cumberland
Street Address :
200 Highland Corporate Drive
Category :
Billing & Collections
Description :
Job Description
The Accounts Payable Team Lead will manage a general range of accounting clerical and administrative functions such as support team members with processing accounts payable, training, and researching issues. In this role, the Accounts Payable Team Lead will assume additional accounts payable functions as well as undertake the more complex supplier
related issues. They will assist with resolving supplier payment and invoice variances and be a primary point of contact for all Expense related supplier questions. They will also be responsible for the training of new hires and existing team members.

Job Responsibilities:
- Research, analyze, and resolve supplier issues in a timely, accurate and professional manner.

- Be the primary point of contact for suppliers and internal business stakeholders on all.
- Expense related issues and communicate a timely response/resolution within the identified metrics’ time frames.
- Demonstrate a sense of urgency at all times and respond to issues in a timely and efficient manner.
- Research Supplier Correspondence related to the following as well as to analyze the differences as it relates to payment variances:
- Payment discrepancies.
- Missing invoices/upload issues.
- Cash discount and payment term discrepancies.
- Proper internal approvals and GL coding accuracy.
- Process adjustments and payments in accordance with the CVS Supplier Policy.
- Invoice entry – via manual entry or performing excel uploads.
- Review exception reporting daily.
- Work with suppliers and external CVS departments to resolve supplier invoicing issues.
- Train new hires and review processes with existing team members.
- Handle/work with team members on the more complicated vendor correspondence issues and assist team members with questions on vendor issues.
- Cross train on individual tasks/processes.
- Create and update department SOP’s.
- Working with the Management Team, make recommendations to streamline/improve processes within Accounts Payable.
- Perform other duties as assigned.

Required Qualifications
- 1+ years of Accounts Payable
- 1+ years of MS Office experience

Preferred Qualifications
- Excellent decision making ability and independent reasoning skills.
- Excellent communication skills (both verbal and written and strong interpersonal skills) with an ability to communicate professionally with staff, leadership.
- Highly organized with excellent time management skills and a high degree of accuracy and attention to detail.
- Ability to recognize and formulate change for areas of improvement in order to increase productivity and efficiency.
- Displays a high degree of organizational agility to help the A/P department to react quickly and successfully to the development of new efficiencies, processes, and/or technologies or sudden shifts in overall market conditions.
- Ability to multi-task and prioritize work.
- Excellent ability to work with others internal to Accounts Payable and outside of Accounts Payable.
- Experience working in multiple ERP systems, specifically SAP and PeopleSoft.
- Experience within a large, retail organization.
- Clear understanding of Accounts Payable and Accounts Payable best practices.

Verifiable Associates degree or equivalent experience required. Bachelor's degrees in Finance, Accounting or Business, or MBA with a similar concentration preferred.

Business Overview
CVS Health, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers. What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day. As the nation’s largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units – MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy. Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers.

CVS Health is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, ethnicity, ancestry, color, religion, sex/gender (including pregnancy), national origin, sexual orientation, gender identity or expression, physical or mental disability, medical condition, age, veteran status, military status, marital status, genetic information, citizenship status, unemployment status, political affiliation, or on any other basis or characteristic prohibited by applicable federal, state or local law. CVS Health will consider qualified job candidates with criminal histories in a manner consistent with federal, state and local laws. CVS Health will not discharge or in any other manner discriminate against any Colleague or applicant for employment because such Colleague or applicant has inquired about, discussed, or disclosed the compensation of the Colleague or applicant or another Colleague or applicant. Furthermore, we comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. If you require assistance to apply for this job, please contact us by clicking EEO AA CVS Health

CVS Health does not require nor expect that applicants disclose their compensation history during the application, interview, and hiring process.

For inquiries related to the application process or technical issues please contact the Kenexa Helpdesk at 1-855-338-5609. For technical issues with the Virtual Job Tryout assessment, contact the Shaker Help Desk at 1-877-987-5352. Please note that we only accept resumes via our corporate website:

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CVS Health core values of Innovation, Collaboration, Caring, Integrity, and Accountability not only support our purpose of helping people on their path to better health for our customers and patients, but they also apply to how we support our more than 250,000 colleagues. You will find our culture at CVS Health, and our leaders encourage personal and professional growth.

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