Senior Manager, Accounting & Financial Operations

Otsuka Pharmaceutical Co., Ltd. • Princeton, NJ

77d • $134,615 - $201,250 • Onsite

About The Position

The Senior Manager, Accounting & Financial Operations 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 Senior Manager will partner closely with Procurement, FP&A, Treasury and business stakeholders to improve efficiency, data quality and the employee/vendor experience. Oversee the accrual engine process on a monthly basis and partner with FP&A and IT to resolve any questions or issues as needed. Responsible for monthly journal entries for two of the shared service companies. Responsible for monthly Stravis submissions to Japan for two of the shared service companies. Responsible for quarterly financial statement analytical review for assigned balance sheet accounts. Oversee the end-to-end Accounts Payable process, ensuring accuracy, timeliness, and compliance with company policies. Lead Accounts Payable Service provider transition 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.

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 8+ years of Accounting experience including the ability to strategize and lead.
• Bachelor’s degree in Accounting, Finance, or related field; 8+ 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

• Proven ability to manage multiple priorities and drive cross-functional collaboration.

Responsibilities

• Lead the end-to-end AP function, ensuring timely and accurate processing of invoices, payments and vendor inquiries in a high-volume environment.
• Oversee offshore delivery partners, drive operational excellence, and ensure compliance with company policy, SOX controls and SAP S/4HANA processes.
• Partner closely with Procurement, FP&A, Treasury and business stakeholders to improve efficiency, data quality and the employee/vendor experience.
• Oversee the accrual engine process on a monthly basis and partner with FP&A and IT to resolve any questions or issues as needed.
• Responsible for monthly journal entries for two of the shared service companies.
• Responsible for monthly Stravis submissions to Japan for two of the shared service companies.
• Responsible for quarterly financial statement analytical review for assigned balance sheet accounts.
• Oversee the end-to-end Accounts Payable process, ensuring accuracy, timeliness, and compliance with company policies.
• Lead Accounts Payable Service provider transition.
• 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
• paid leave programs

What This Job Offers

• Job Type: Full-time
• Career Level: Senior