At Zimmer Biomet, we believe in pushing the boundaries of innovation and driving our mission forward. As a global medical technology leader for nearly 100 years, a patient's mobility is enhanced by a Zimmer Biomet product or technology every 8 seconds.
As a Zimmer Biomet team member, you will share in our commitment to providing mobility and renewed life to people around the world. To support our talent team, we focus on development opportunities, robust employee resource groups (ERGs), a flexible working environment, location specific competitive total rewards, wellness incentives and a culture of recognition and performance awards. We are committed to creating an environment where every team member feels included, respected, empowered and recognised.
What You Can Expect
The PTP Specialist is responsible for accurate and timely execution of various Accounts Payable tasks in one of the below areas in a dynamic and fast-paced GBS environment. All tasks must be executed in compliance with Zimmer Biomet policies and guidelines.
How You'll Create Impact
Invoice Processing
- Deliver world-class, proactive customer service to internal and external stakeholders while ensuring adherence to company policies, procedures, and internal controls.
- Oversee vendor invoice processing activities, ensuring accuracy from tax, accounting, and cost perspectives in accordance with local regulatory requirements.
- Ensure invoices are properly matched to purchase orders and goods receipts, and coordinate resolution of discrepancies with procurement, requestors, and vendors.
- Handle complex invoice processing issues, including matching discrepancies, blocked invoices, and exceptions requiring deeper analysis.
- Monitor vendor accounts, identify aging items, and drive timely resolution in collaboration with PTP team members and stakeholders.
- Support internal stakeholders in the use of invoice approval tools and provide guidance where required.
- Lead issue resolution related to GR/IR balances and coordinate corrective actions with relevant departments.
- Participate in month-end closing activities including accrual preparation, reconciliation support, and ensuring timely processing aligned with the closing calendar.
- Perform reconciliation of key GL accounts related to Accounts Payable, including vendor sub-ledgers and clearing accounts.
- Collaborate with IT teams and project stakeholders during system implementations, upgrades, or process improvements (e.g., SAP, Ariba, ServiceNow).
- Identify process gaps and recommend improvements to enhance efficiency, accuracy, and internal controls.
Vendor Master Data Management
- Review vendor master data accuracy and identify required updates while processing invoices or handling vendor queries.
- Ensure vendor master data requests are initiated and completed in accordance with internal control and compliance requirements.
- Support vendor master data governance activities including vendor scrubbing, validation exercises, and SOX-related controls.
- Provide guidance to team members and stakeholders on vendor master data procedures and best practices.
Process Governance and Continuous Improvement
- Support compliance with internal controls, company policies, and SOX requirements by ensuring proper documentation and audit readiness.
- Identify opportunities for automation, system improvements, and operational efficiencies across the end-to-end PTP process.
- Participate in transformation initiatives including system implementations, process transitions, and process standardization projects.
- Support training and knowledge sharing within the PTP team to strengthen operational capabilities.
- Collaborate closely with Procurement, Finance, and other cross-functional teams to improve the end-to-end PTP process.
- Contribute to internal transitions and stabilization of Accounts Payable operations across assigned entities.
General
- Manage shared mailboxes, vendor inquiries, and internal stakeholder requests in a timely and professional manner.
- Provide guidance and support to junior team members and assist in resolving complex operational issues.
- Maintain documentation of procedures and support knowledge transfer activities within the team.
- Ensure operational continuity by acting as a backup for assigned entities or processes when required
This description is not intended to be an exhaustive list of duties and responsibilities and may be adjusted based on business needs.
What Makes You Stand Out
- Strong understanding of Accounts Payable and Procure-to-Pay processes.
- Solid knowledge of accounting principles, taxation rules, and financial controls.
- Strong analytical and problem-solving skills with high attention to detail.
- Ability to handle complex operational issues and identify root causes.
- Excellent communication and stakeholder management skills.
- Strong organizational and time-management abilities with the capability to meet tight deadlines.
- Ability to work independently while collaborating effectively within a team environment.
- Strong system and process orientation with experience working with ERP systems.
- Proficiency in Microsoft Office tools, particularly Excel.
- Continuous improvement mindset with the ability to drive operational enhancement
Your Background
- Bachelor's degree in accounting, Finance, or related field preferred.
- 4+ years of relevant Accounts Payable or PTP experience in a shared services or corporate environment.
- Experience working with ERP systems such as SAP, and exposure to Ariba or ServiceNow is preferred.
- Experience with automation tools or process improvement initiatives is an advantage.
- Experience supporting month-end closing activities and reconciliation processes is preferred.
Language Requirements
- Fluency in English and Korean
Travel Expectations
Less than 5%
EOE/M/F/Vet/Disability
