Vantive is a vital organ therapy company on a mission to extend lives and expand possibilities for patients and care teams everywhere. For 70 years, our team has driven meaningful innovations in kidney care. As we build on our legacy, we are deepening our commitment to elevating the dialysis experience through digital solutions and advanced services, while looking beyond kidney care and investing in transforming vital organ therapies. Greater flexibility and efficiency in therapy administration for care teams, and longer, fuller lives for patients— that is what Vantive aspires to deliver.

We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us. At Vantive, you will become part of a community of people who are focused, courageous and don't settle for the mediocre. Each of us is driven to help improve patients lives worldwide. Join us in advancing our mission to extend lives and expand possibilities.

Job Description Summary

Reports to the P2P Team Supervisor.

Responsible for processing payments for approved invoices; including preparing payment proposals, managing payment holds, problem resolution and the processing of manual/exception payments; along with daily and monthly balancing and reconciling activities

Responsible for investigating and solving payment issues of medium to a high level of complexity.
Participate in payment projects, related to the implementation of new solutions, tools and improvements.

Job Description

To assist Global Payment Manager on leading the team in daily payment operation activities
Actively support or participate with any project related to system enhancement, process improvement for vendor master data management with influence on accuracy, efficiency, and compliant master data management process.
To investigate and solve non-standard problem within the team. Assist peers in troubleshooting activities within work unit or work collaboratively with other teams to resolve issue relevant to Payment
Ensure completeness, accuracy, and timeliness of payment activities from the generation of the payment proposal, the application and removal of payment holds through to the coding and release of the final payment file
Identify and present solutions for continuous process improvement 
Adheres to the documented payment controls
Ensure adherence to the defined controls, from the review or the payment proposal through to the release of the final payment file to the bank
Support manual payment activities as needed
Support the transition of additional countries into the Shared Service Center
Identify and present solutions for continuous process improvement
Review and propose changes to Accounts Payable policies and procedures as dictated by market and company changes and/or industry, in addition to changes in personnel, department practices and systems
Prepare payment proposals and process approved supplier and employee payments
Creation of forecast for the Treasury teams and other business functions visibility as required
Responsible to ensure correct cash flow management – no early payments without justification done
Review, troubleshoot and resolve bank reconciliation differences along with A2R teams in a timely basis
Review, troubleshoot and fix rejected & returned payments in a timely basis (within the same month)
Support Month End Close activities relevant to the payment team or the entire P2P function as required
Answer tickets coming from other teams about payment requests in a timely manner
Support auditing process / requests in a timely manner

Qualification

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. List knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Functional Knowledge in master data management strategies and tactics including organization, procedures, processes, policies, and technologies
Experience in global governmental tax reporting requirements for vendors
Ability to operate independently and in collaboration with other upstream and downstream processes
This position requires detailed understanding of Procure to Pay (P2P) processes, systems, and policies
Understanding of internal control elements
Good written and oral communication skills
Highly organized
Ability to meet strict deadlines
Excellent customer service skills, ability to engage effectively with key stakeholders from across the organization, promoting continuous improvement and processes standards
Ability to assess risk and define / apply operational quality standards / controls
Provide data and root cause analysis to support continuous process improvement
Strong analytical skills and business acumen

Reasonable Accommodation

Vantive is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information. Form Link

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Payment Specialist (Contract)