Job Description

~~~Please note: This is a temporary contractor opportunity at Novartis ~~~
Novartis touches the lives of a tenth of the world’s population. Every role here, regardless of contract type, makes an impact on human life! 

Novartis US partners with external managed service provider Magnit Global to offer engaging temporary contractor opportunities like this, to those who are looking for flexibility in their career while looking to gain new skills and experiences providing services to an inclusive global medicines company. Click here to learn more about Magnit

Ready to work with/through Magnit at Novartis? Please read on... 
The Senior AR Specialist will be a part of the AR Collections Team in US O2C and will be responsible for account analysis, resolution and reconciliations related to invoices, deductions, credits and over payments.
Job Description:
• Manage complex AR portfolios through collaboration with Customers, Customer Service, Sales/ Commercial team and other business areas for timely resolution.
• Request timely payment from assigned portfolio of accounts on invoices.
• • Manage all matters related to deduction, invoice and credit management including but not limited to invoicing, customer calls on past dues, escalations, refunds.
• Actively participate and prepare for meetings with internal stakeholders to ensure AR issues are reviewed and addressed.
• Coordinate meetings with external Customers to ensure AR issues are reviewed and addressed.
• Generate, review and track statuses in the Aging Report and Open Transactions reports to ensure all line items are addressed and closed within predefined timeframes.
• Support the critical month-end financial close process and provide timely responses to all Revenue and GL Department inquiries.
• Utilize advanced skills in Excel to accumulate, organize and report on AR trends, closing periods and customer summaries.
• Participate in Continuous Improvement activities to improve daily processes.
• Ensure relevant NFCM controls are met.
• Additional tasks as designated by the AR Manager

Minimum Requirements:
Education:
Bachelor/Associates degree in accounting, finance, other relevant field or equivalent experience

Experience:
• Knowledge of Accounts Receivable (exposure and expertise in collections, including deduction management.
• Excellent research, problem solving and time management skills.
• High level of accuracy, efficiency and accountability.
• Demonstrated sense of urgency based on business demands.
• Excellent customer service: written and verbal communication skills
• Ability to build effective relationships with business partners.
• Ability to work independently with minimal supervision.
• Ability to work in a team environment.
• Process Excellence and Continuous Improvement Mindset
• Lean Six Sigma preferred.
• SAP experience preferred.
• Credit risk experience a plus.
• Experience within the Pharmaceutical industry a plus.

Location: East Hanover, NJ (Hybrid)
Pay Rate: $36.44 - $40.22/hour
Contract: 12 months 
Health, dental, vision, 401k

Why Novartis? 
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives. 
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working. 
We believe we can reinvent what's possible when we collaborate with courage to ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying! 
Imagine the impact you could make here at Novartis! 

Commitment to Diversity & Inclusion: 
Novartis is committed to building an outstanding, inclusive work environment with diverse teams representative of the patients and communities we serve. 
To do our best work we need different viewpoints, which is why here at Magnit, we celebrate diversity and embrace inclusion. As an equal opportunity employer, Magnit is dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all. 

Accommodation: 
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Magnit at directsourceproteam@prounlimited.com or 1.862.778.5441. 

Commitment to Diversity and Inclusion / EEO

Job Tags

Contract work, Temporary work, For contractors,

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