Manager, Accounts Payable

Regeneron Pharmaceuticals, Inc.
12 Jun 2019
21 Jun 2019
Job role
Accounts payable
Contract type
Full time
Known for its scientific and operational excellence, Regeneron is a leading science–based biopharmaceutical company that discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions. Regeneron commercializes medicines for eye diseases, high LDL–cholesterol, atopic dermatitis and a rare inflammatory condition and has product candidates in development in other areas of high unmet medical need, including rheumatoid arthritis, asthma, pain, cancer and infectious diseases.


The Accounts Payable Manager is responsible for managing the organization's Accounts Payable process in a professional and knowledgeable manner, including hands on supervision of AP staff and managing daily AP production. This position directly oversees the processes associated with the processing and payment of invoices, system administration, process improvements, and enforcing of corporate policies and procedures. The ideal candidate will have excellent communication, organizational skills and be able to supervise and develop their direct reports.


• Experience working with large ERP Accounting Systems, using A/P automated scanning and electronic workflows systems.

• Experience working with general accounting principles and ensure and enforce compliance of A/P internal controls, policies, procedures and SOX requirements.

• Work with Treasury to oversee weekly payment runs and review of payment disbursement process prior to payment issuance.

• Analyze and reconcile internal reports that will help with ensuring invoices are paid timely, review and resolve invoices with holds and those that are aging within the system.

• Create, review and maintain logs/reports, in an effort to identify the root cause of issues.

• Monitor direct report daily production and ensure AP is meeting deadlines.

• Experience with foreign currency and automatic tax withholding.

• Ability to effectively identify, report and track issues as well as collaborate with other departments, such as Accounting and Procurement, to ensure proper coding, resolve issues, and offer suggestions for system/process improvement.

• Ability to detect and resolve system issues and provide support for the Sr. Manager of Accounts Payable.

• Ability to effectively communicate with various departments, all levels of personnel and external vendors. Initiate and attend meetings both external and internal to maintain business relationships.

• Ability to lead, participate and/or support Management on special projects as they arise

• Develop, implement and maintain systems, procedures and policies, including accounts payable functions to ensure adherence to company guidelines.

• Provide assistance to project managers and operations staff; respond to financial questions/concerns to meet business needs.

• Must demonstrate the ability to exercise sound judgment, proficiency and expertise in developing and interpreting policies and in resolving issues not covered by standards, policies and procedures.

• Selects and hires employees for the Accounts Payable Department. Trains and evaluates employees to enhance their performance, development, and work product. Addresses performance issues and makes recommendations for personnel actions. Motivates and rewards employees

• Manages subordinate staff in the day–to–day performance of their jobs. Ensures that project/department milestones/goals are met and adhering to timelines


Education and Experience:

• Minimum of 6–8 years of Accounts Payable experience required with 2–3 years of leadership included

• Degree or AP Certification preferred.

• Microsoft Excel
Oracle Accounts Payable, Microsoft Office, Kofax (document scanning) and MarkView (electronic workflow system) are a plus.

This is an opportunity to join our select team that is already leading the way in the Pharmaceutical/Biotech industry. Apply today and learn more about Regeneron's unwavering commitment to combining good science & good business.

To all agencies: Please, no phone calls or emails to any employee of Regeneron about this opening. All resumes submitted by search firms/employment agencies to any employee at Regeneron via–email, the internet or in any form and/or method will be deemed the sole property of Regeneron, unless such search firms/employment agencies were engaged by Regeneron for this position and a valid agreement with Regeneron is in place. In the event a candidate who was submitted outside of the Regeneron agency engagement process is hired, no fee or payment of any kind will be paid.

Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.