Manager, Accounts Payable

Otsuka Pharmaceutical Co., Ltd. • Princeton, NJ

9d

About The Position

The manager of Accounts Payable is responsible for leading the end to end AP function, ensuring timely and accurate processing of invoices, payments and vendor inquiries in a high volume environment. This role oversees offshore delivery partners, drives operational excellence, and ensures compliance with company policy, SOX controls and SAP S/4HANA processes. The manager will partner closely with Procurement, FP&A, Treasury and business stakeholders to improve efficiency, data quality and the employee/vendor experience.

Requirements

• Knowledge Experience and proven success in establishing accounting policies within the areas of Accounts Payable.
• Strong communication skills required
• Strong organizational skills with the ability to independently manage and prioritize workload
• Demonstrate a positive attitude and have an appetite for change
• Experience interacting with senior level clients and vendors; able to evaluate situations from multiple angles and sensitive to stakeholders needs while maintaining focus on bring the best value to the organization
• Understand key financial and operational controls needed in a procurement and accounting organization in the Pharmaceutical industry.
• Minimum of 5+ years of Accounting experience including the ability to strategize and lead.
• Bachelor’s degree in Accounting, Finance, or related field; 5+ years of progressive accounting experience, including leadership roles.
• Ability to lead and influence an offshore team.
• Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Proficiency in SAP Ariba.
• Excellent analytical, problem-solving, and communication skills.
• Proven ability to manage multiple priorities and drive cross-functional collaboration.

Nice To Haves

• Advanced degree (MBA/MS) preferred.

Responsibilities

• Oversee the end-to-end Accounts Payable process, ensuring accuracy, timeliness, and compliance with company policies.
• Oversee day-to-day workload allocation of offshore team, performance management, and development and adherence of SLAs.
• Ensure offshore resources follow documented SOPs, internal controls and service standards.
• Lead and collaborate with the offshore accounting team to ensure high-quality and timely delivery of accounting tasks.
• Provide guidance, set clear expectations, and monitor performance.
• Foster a culture of continuous learning and development.
• Oversee full-cycle AP processing; invoice intake, 3-way match, approvals, exception handling, payments and vendor inquires.
• Ensure accurate processing in SAP S/4HANA including PO-based and non-PO invoices, GR/IR resolution and workflow management.
• Manage weekly payment runs, urgent payments, ACH/wire/check batches, and payment proposals.
• Partner with Procurement Operations to resolve PO issues, blocked invoices, tax discrepancies, and master data gaps.
• Ensure compliance with company policies, Delegation of Authority (DOA), and SOX key controls.
• Develop and monitor key AP metrics: cycle time, % touchless, first-pass match rate, exception rate and aging.
• Development of dashboards to give visibility into transactions and mitigate risks.
• Coordinate vendor credit applications.
• Work with internal and external stakeholders to resolve payment inquiries.
• Implement process improvements to enhance efficiency and reduce risks.
• Responsible for the accuracy and timeliness of 1099 filings.
• Review non-PO spend to ensure it is in line with outlined exceptions.
• Review monthly, quarterly, and annual account reconciliations as required.
• Other responsibilities as they arise.

Benefits

• Comprehensive medical, dental, vision, prescription drug coverage, company provided basic life, accidental death & dismemberment, short-term and long-term disability insurance, tuition reimbursement, student loan assistance, a generous 401(k) match, flexible time off, paid holidays, and paid leave programs as well as other company provided benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1,001-5,000 employees