Company Description
At Intuitive, we are united behind our mission : we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.
As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.
Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.
Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.
Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.
Job Description
Primary Function of Position :
The AR Manager plays a critical role in ensuring that we deliver on our quality, customer service, and productivity goals and commitments, and in building a best-in class team. Our operations, including how we place systems and interact with our customers and internal business partners have evolved rapidly over the last few years. Complexity and the need to scale has increased significantly. We’re looking for a creative and energetic individual that is passionate about serving our mission and customers and about building world-class teams, processes, and systems. This is a great opportunity of being part of a fantastic journey that will involve building best-in-class tools and team ins service of a mission that we care deeply about – which is to serve our patients. The AR Manager will work closely with key stakeholders and business partners, including our Commercial Teams and our Global Finance Shared Services Team. We’re a global and data driven company that looks to drive global solutions, use metrics to drive improvements and automation such that we can focus on what matters most to our key stakeholders, including providing outstanding service and manage risk and compliance.
Required Knowledge, Skills, and Experience :
CASH APPLICATION
- Ensures that we have an effective methodology and process in place for achieving world-class cash collection results. Resolves unapplied cash exceptions from the automatic cash application interface with the bank and resolves cash application disputes.
CREDIT WORTHINESS
Evaluates the creditworthiness of new / existing customers by conducting credit checks and financial analysis.Builds processes to ensure that we can efficiently manage credit evaluations through effective coordination with our customer finance, commercial enablement, and sales teams.Ensures that the Company has an effective methodology in place for evaluating, managing, and reporting on credit risk. Establish credit limits and terms in accordance with company policies and risk management strategies.Manages the LoC with bank and involved parties (customer, logistics, 3rd parties)Prepares allowance for doubtful accounts analysis and bad debt write-offs analysis.Monitor and manage aging accounts receivable to minimize bad debt and enhance cash flow.CUSTOMER ORIENTATION
Builds strong professional relationships with key stakeholders and business partners. Foster strong relationships with customers to understand their needs and ensure timely and accurate invoicing and collections.Handle customer inquiries and disputes professionally and efficiently, aiming for high levels of customer satisfaction. Collaborate with sales and customer service teams to address and resolve any billing issues at their root cause. Need to demonstrate the reduction of issues over time.Builds efficient processes for ensuring timely and accurate billings relating to our system, leasing, pay-per-use, instrument, and service sales.CASH COLLECTION
Lead and manage the cash collection process to ensure timely and efficient collection of receivables. Implement strategies to improve cash flow and reduce days sales outstanding (DSO). Develop and maintain effective collection policies and procedures.TEAM MANAGEMENT
Lead, mentor, and develop a happy and high-performing AR team, fostering a collaborative and results-oriented work environment. Set clear performance goals, conduct regular performance reviews, and provide ongoing coaching and support. Have strong project management in place to track progress of the team and deliverablesEnsure team members are trained on best practices and company policies and encourage continuous professional development.REPORTING AND ANALYSIS
Develops and reports key business metrics & provides trend analysis, with the objective of focusing on continuous improvement and world-class quality service, quality, and productivity.Prepare and present regular AR reports, including aging analysis, DSO (Days Sales Outstanding), and AR trends for distribution to executive management.COMPLIANCE AND PROCESS IMPROVEMENT
Manages processes and procedures to ensure quality, consistency, and efficiency.Ensures adequate internal controls are in place and Company accounting policies are adhered to.Finds scalable solutions and works with our Global Shared Services Teams and IT to leverage technology to drive automation.Ensures that the month-end accounting close is executed timely, including recording of journal entries, account reconciliations, and related analysis.Develops, maintains and ensures ongoing compliance with SOX internal control documentationSupports AR and Global Finance SSC initiatives and guidance, and the GFSSC mission and vision.LI-Hybrid
Qualifications
Required Knowledge, Skills, and Experience :
Ability to build strong business partnerships with key stakeholders in the organizationAccountability, Teamwork, Excellence, Positive energy, Humility, Solution-orientedStrong leadership skills that can build a strong team for the long run.A bachelor’s degree in accounting, or related field is preferredDemonstrated the ability to lead and build a world-class AR teamsHigh working capacity, hands on experienceSpeaking fluent English and French - German and / or Italian is a plusStrong technical experience in the AR transactional area (systems and processes).Proficiency in accounting software and ERP systems; experience with SAP and HighRadius is a plusAbility to work effectively in a fast-paced, dynamic environment and manage multiple priorities.Exceptional customer service orientation and communication skills.Additional Information
Intuitive is an Equal Employment Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.
We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.