Job Title:

Cost of Goods Specialist

Job Category:

Finance

Department/Group:

Finance

Job Code/ Req#:

Location:

Home Office, Parsippany

Travel Required:

N/A

Position Type:

Full-Time, Exempt

Report to:

Accounts Payable Manager

Job Summary

As a Cost of Goods Specialist, you will be responsible for managing the product-related accounts payable processes within the organization. This role focuses on the timely and accurate processing of invoices and payment for products and consumables purchased from suppliers. The Specialist will ensure compliance with company policies and procedures while maintaining strong relationships with suppliers and internal stakeholders.

Job Description Role and Responsibilities

· Receive, review, research and process invoices for product purchases from suppliers ensuring accuracy and completeness of documentation.

· Match invoices with purchase orders and receiving documents to validate the accuracy of pricing, quantities and terms.

· Timely input of data into the accounting system.

· Conduct in-depth research and analysis to identify and resolve issues related to price, quantity, terms, etc.

· Liaise with suppliers regarding invoice discrepancies, pricing discrepancies and other inquiries to resolve issues timely.

· Professional and courteous follow up with clinics on invoice discrepancies.

· Handle questions, emails, provide responses to field staff, other depts, external suppliers.

· Prepare and process payments to suppliers in accordance with payment terms and company policies.

· Establish and maintain effective relationships with suppliers, respond to supplier inquiries, and resolve payment issues.

· Ensures that supplier statements are reviewed and reconciled regularly.

· Maintain supplier master data, including supplier setup, updates, maintenance, to ensure accurate and up-to-date information.

· Perform month-end accruals and account reconciliations related to product purchase, ensuring accuracy and completeness of financial records.

· Other projects and support work as assigned.

required education and experience

· High School Diploma or equivalent required. Associate or bachelor’s degree preferred.

· Minimum of 2 years of Cost of Product Payables experience in a fast-paced environment.

· Multi-location experience highly preferred

· Experience with / knowledge of Accounting Systems such as Oracle, SAP, Sage Intacct, etc.

· Intermediate to advanced skill on MS Excel and strong experience w/ MS Word and Outlook.

· Ability to handle high invoice volumes in a fast-paced environment.

· Possess effective communication skills both verbal and written.

· Excellent analytical and problem-solving skills with a meticulous attention to detail

· Ability to learn, comprehend and apply new concepts quickly.

· Demonstrate ability to work with internal and external customers.

required Knowledge and skills

· Ability to explain and interpret general accounting related policies and procedures.

· Attention to detail; time/cycle and accuracy focus.

· Mathematical aptitude and supporting computer software program proficiency.

· Strong verbal and written communication skills

· Impeccable investigative and follow-up skills

· Proven research capability and problem solving.

· Multi-tasking and strong time management skills

· Ability to foster and maintain business and client relationships.

· Responsible accountability to deliver on outlined tasks, bias for action and complete resolution.

· Reliable attendance and punctuality; willingness to work until critical time-sensitive tasks are completed.

physical and travel Requirements

· Must maintain a flexible work schedule as may be necessary to render the expected services to the Company, and which may include occasional late nights.

Benefits

· Comprehensive Health, Dental, Vision, Prescription.

· Paid Time Off, Holiday Pay.

· 401 (k) with match.

· Flexible Spending Account

· Hospital Indemnity, Critical Illness, Accident Insurance

· Life Insurance, LTD, STD.

· Legal Aid

· Travel Assistance

MLM Hearing, LLC is proud to be an Equal Opportunity Employer and we support and depend on the diversity of our staff.

Reviewed By:

Kristen Ruocco

Date:

7/19/2023

Approved By:

Date:

Last Updated By:

Date/Time:

Job Type: Full-time

Pay: $55,000.00 - $65,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Shift:

• 8 hour shift

Weekly day range:

• Monday to Friday

Work Location: In person