1.  Finance Operations Oversight

·         Treasury strategy and operations and cash management in a complex multi-bank environment which includes overseeing movement of customer deposits between various banking institutions and accounts to ensure balances adequately support program demands

·         Attend and lead financial reviews with clients as requested.

·         Billing and collections for 6 business lines and ensure on time invoice generation and accuracy.

·         Prefund management/analysis and contract adjustments and customer negotiations.

·         Customer Contract Interpretation and Support.

·         Drive adherence and discipline in the month end close process.

·         Accounts Payable for patient affordability processors

·         Reporting and monitoring on prefund balances and Aged AR corrective action plans

·         Partner with Client Services on overall financial health of programs.

·         Instill key KPI’s to monitor key operational finance aspects (DSO, cash flow, close time, invoicing completeness and accuracy, Aged AR) and drive towards self-service reporting.

·         Ensure accuracy and timeliness of both P&L and complex balance sheet (including strong reconciliation processes by partnering with IT and operations)

·         Provide operational insight for executive decision making and risk management

·         Ability to find root causes and solutions to cross functional problems.

·         Contribute to new product or service launches by ensuring finance operational processes are well defined.

2. Process Optimization and Automation

·         Drive efficiency and scalability through continuous improvement initiatives.

·         Implement and enhance automation tools across finance operations.

·         Eliminate manual workflows and measurably reduce cycle times.

·         Ensure process documentation is updated, controls are in place and operationalized to be measured.

·         Assess current end to end processes, identify areas of opportunity and develop 3-year optimization roadmap.

2. Financial Systems and Technology

·         Own and maintain NetSuite for O2C processes and ensure system integrations. are working as designed, data integrity and reporting accuracy.

·         Build a technology roadmap to automate and streamline processes.

·         Lead any O2C system upgrades, implementations or process migrations.

·         Build a business case to connect sales force to NetSuite and invoicing data. warehouse to streamline invoicing inputs.

·         Ensure proper system controls are in place.

3. Internal Controls and Compliance

·         Ensure compliance with fin ops SOP’s and policies

·         Ensure robust internal controls in alignment with GAAP and audit requirements in particular for revenue recognition and other accruals made in finance operations.

·         Ensure back up plans are in place to support Tier 1 clients.

·         Design a control framework where preventative and detective controls are documented to address key risk areas.

·         Ensure all past client audit results and CAPA’s are well understood.

·         Ensure timely and accurate client invoice generation and proper sign offs are occurring.  Create a tracker that SLA’s on timely and accurate invoicing are being met.

·         Timely support by meeting established deadlines and delivery for month-end and the financial statement audit.

4. Stakeholder Engagement & Collaboration

·         Strong relationships with Client Services leadership, finance and legal to support end to end business processes.

·         Regular feedback loop on insights to pricing team and FP&A team to support. accurate forecasting and budgeting through clean financial data.

·         Establish strong banking relationships.

·         Present and/or create materials that instill confidence to clients in financial presentations.

·         Regular scorecard updates with CFO and other executives as needed.

5. Leadership and Team Development

·         Lead, mentor and develop team of ~6 plus offshore partner ~6

·         Foster a high performance, accountability driven culture within finance operations organization

·         Create SMART focused objectives and development plans and foster a strong team collaborative environment.

• Bachelor’s degree in accounting, finance, or related required.
• 15+ years accounting and finance operations experience, revenue recognition required.
• 5+ years of experience managing teams required.
• Experience managing Offshore teams preferred.
• CPA required.
• Exceptional communication and stakeholder management abilities.
• Able to thrive in a fast paced and changing environment required.
• Experience in pharmaceutical or pharmaceutical services strongly preferred
• Proven track record overseeing finance operations (AP, AR, billing, revenue, treasury) required.
• Audit experience or experienced in setting up financial controls strongly preferred
• Strong knowledge of US GAAP, ASC 606, deferred revenue and Accounts Receivable management and internal controls preferred.
• Other Desired Qualifications required:

• Deep familiarity with financial systems such as NetSuite (direct experience with NetSuite preferred) and finance automation projects
• Experience establishing effective relationships with business partners, gaining in-depth understanding of needs and a track-record of meeting/exceeding expectations.
• Strong project management skills and experience with working cross-functionally with other departments to execute complex projects
• Experience identifying weakness in controls and driving to adequate resolution.
• Experience identifying inefficiencies in existing process and success driving improvements.
• Proven ability to lead and scale high performing teams.

Physical Demands & Work Environment

• While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit for long periods of time, use hands to type, handle or feel; and reach with hands and arms. Must be able to type 35 WPM with 97% accuracy. 
• Although very minimal, flexibility to travel as needed is preferred.
• This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, etc. 

Why Work for Valeris?

We’re committed to supporting the well-being and success of our team members. As part of our organization, you can expect:

• Competitive compensation and 401(k) with company match
• Comprehensive health, dental, and vision insurance
• Paid time off and paid holidays
• Wellness programs and resources to support your physical and mental health
• Learning and development opportunities to support your career growth
• Opportunities for advancement with a company that supports personal and professional growth
• A challenging, stimulating work environment that encourages new ideas
• Work for a company that values diversity and makes deliberate efforts to create an inclusive workplace
• A mission-driven, inclusive culture where your work makes a meaningful impact

Any offer of employment is contingent upon the successful completion of a background check and, depending on the position, a drug screen in accordance with company standards. Please note that this job description is not intended to be an exhaustive list of all duties, responsibilities, or activities associated with the position. Responsibilities and tasks may be modified at any time, with or without notice.

Our Commitment to Equal Opportunity

Valeris is an Equal Opportunity Employer committed to fostering a diverse, inclusive, fair, and equitable workplace. Furthermore, we believe in the importance of partnering with diverse suppliers and vendors that share these values. At Valeris, an employee is celebrated for his or her contributions and dedication to supporting the needs of our clients and their patients. We recognize the struggle for access, affordability, and adherence to therapy is real; our employees play a vital role in the successful completion of that journey. We approach our customers’ challenges with empathetic hearts, which organically fuels our internal culture of caring. Valeris’ leadership team works tirelessly to provide an environment that is free of discrimination and bias. We firmly believe collaboration among team members with varied pasts and perspectives generates more incisive and deeper insights that better serve our employees and our communities.