Senior Accounts Payable Accountant

Karo is at an exciting stage in its journey to become a €1 billion European leader in consumer healthcare.

Our purpose is to deliver better everyday health through smart choices and after a series of exciting acquisitions, we now own a strong portfolio of consumer healthcare brands, including E45, Decubal, Nailner, CCS, Multi-Gyn, Flux, Paracet, Alpha Foods, Remescar and Nutravita across Global markets.

Alongside a continued active M&A agenda, our target is to accelerate the growth of our current brand portfolio, growing 7-10% CAGR over the next 3 years. For our priority brands, this means double-digit growth, equating to growth well ahead of the category. To achieve this, we must serve consumers better than the competition and for Karo, this requires a transformation in how we build our brands, innovate and go to market.

The role of a Senior Accounts Payable Accountant involves performing day-to-day operations of Accounts Payable activities in an accurate, timely and efficient manner as well as collaborating with the junior staff in processing financial transactions within the Accounts Payable area.

The responsibilities will include, but are not limited to:

• Receive, verify, code, and process invoices
• Process supplier payments e.g., prepare payment proposals, allocate payments to supplier invoices in the Accounts Payable (AP) subledger
• Evaluate and escalate new suppliers
• Follow up unapproved supplier invoices in approval flows
• Analysis and posting of AP accruals
• Reconciliation of accounts payable subledger to General Ledger balances
• Contribute to other month-end closing activities related to accounts payable
• Define and monitor relevant accounts payable KPI's
• Process supplier reminders/statement of outstanding payables
• Manager queries to and from suppliers regarding e.g. invoices and payments
• Prepare relevant accounts payable reports and analyses
• Investigate and resolve invoice discrepancies and other payment related issues
• Interact and engage to build positive working relationships with Global Finance colleagues, other functions and the business as required. (e.g., respond to queries, follow-up on outstanding invoices, etc.)
• Comply with internal controls and policies
• Optimate the end-to-end process together with Sub-Ledger Team Lead & the Sourcing function
• Identify, help initiate and support continuous improvement opportunities
• Initiate and Implement automation and digitalization within the accounts payable process
• Be a part of taking over the tasks from another company to Finance Center of Excellence (COE) Lithuania, and building up the team and processes
• Support in training of new employees in Accounts Payable team
• Attend to ad hoc matters at the direction of management
• Statistical reports 

You will be a part of building an initial Finance COE team in Lithuania including Accounts Receivable, Accounts Payable and General Accounting. The team will consist of approx. 15 colleagues and the Senior Accounts Payable Accountant will report to the Sub-ledger Team Leader on site.

Requirements

You have a relevant academic education in Finance/business or similar and substantial experience in accounts payable functions. You have excellent knowledge of financial processes and accounting principles to manage accounts payable accurately and efficiently. You have an interest in and experience in digital tools and systems to automate accounts payable processes. You will be a part of a global community in which fluently speaking and writing in English is required for the role. It is also important that you have good communication skills as you will have several contact points, both internally and externally. Furthermore, you are a person with strong problem-solving skills and have an eye for detail.

Key requirements:

• A bachelor's degree from university or similar in Finance/accounting
• A minimum of 5 years' experience from similar roles
• Language: Fluent in English, both speaking and writing
• Experience and proficiency in Excel
• Experience in using Accounts Payable module integrated in ERP software
• Experience in a financial process' role, preferably within an international environment
• Ability to prioritize and schedule workload

Merits

• Other languages; Spanish, German, Dutch, Nordic Languages
• Worked in either of the following systems: IFS, ADRA, Aaro, Power BI, RPA, Pagero
• Experience from MS Teams, PowerPoint, MS outlook

Benefits

• Opportunity to create, grow, and encourage
• Apart from a competitive salary pack, there are lots of growth opportunities to meet your personal ambitions
• Flexible schedule and life-work balance
• Responsibility for exciting and challenging projects that have a direct, visible impact on our customers and the industry
• Very positive work environment in a young, international, and motivated team
• Start-up spirit while being a part of a large international organization with strong values

Karo Healthcare has a Diverse & Inclusive environment. We are looking for qualified candidates irrespective of gender, gender identity, sexual orientation, ethnicity, race, religion, national origin, disability or age.