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Accounts Receivable (AR) Team Leader

Novanta

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

This position is part of Novanta’s Corporate and Shared Services global teams. Novanta’s Corporate and Shared Services teams play an important role in executing the company’s strategic mission and operations. Included in Corporate and Shared Services are the business functions including Finance, Accounting, Human Resources, Information Technology, Legal, Compliance, Corporate Development and Corporate Marketing. The Corporate and Shared Services teams work closely with all Novanta business units to support operating initiatives contributing to the organization’s financial success.

Summary

The AR Team Leader is a dynamic positron managing the Shared Services Accounts Receivable team for a couple of European Novanta companies. Number of entities administered is to increase in near future. This position ensures compliance with SOX and other internal policies requirements within the Accounts Receivable function, implements best practices across the AR team and is go-to person for the AR accountants in terms of complex transactions and issues. In addition, this role will also be supporting the transition of Accounts Receivables processing from various European sites to Brno.

Primary Responsibilities

Process Improvement & Change Management

  • Collaborate with stakeholders to gather requirements and understand business needs, objectives, and priorities related to process transformation initiatives.
  • Analyze current business processes to identify inefficiencies, bottlenecks, and areas for improvement.
  • Ensure processes are documented and aligned to standard methodologies, best practices and organizational guidelines, promoting consistency and efficiency in operations.
  • Support change management efforts by assisting in the development and implementation of training materials and stakeholder engagement strategies to facilitate adoption of new processes and systems.
  • Proactively identify opportunities for continuous improvement in processes, methodologies, controls and tools to drive ongoing optimization and innovation within the organization.

Business Process Owner

  • Resolve complex issues with transactions processing (go-to person for AR Accountants)
  • Resolve technical issues affecting AR in cooperation with IT
  • Understand functionality of each ERP/Platform used by AR team
  • Mitigate knowledge/skill gaps of AR team
  • Monitor key performance indicators of the team to ensure productivity levels meet established criteria
  • Ability to perform AR Accountant duties
  • Ensure back-up is available within AR team in case of potential absence of any AR Accountant

Compliance & Controls

  • Supervise closing activities (cash application, subledgers closing), cooperation with GL
  • Direct cooperation with internal and external auditors
  • Follow corporate accounting policies and procedures to ensure SOX compliance and Novanta Approval Matrix
  • Implement updates in Novanta accounting/reporting policies while ensuring harmonized AR approach for all Sites in the scope of EMEA SSC Accounting team

Required Experience, Education, Skills, Training and Competencies

  • Bachelor’s degree in business management, Finance/Accounting, Information Systems or equivalent.
  • Total 8+ year of experience and 3+ years of experience in business analysis, process improvement or related roles
  • SAP/Oracle ERP system experience
  • Strong analytical skills with the ability to collect, organize, analyze, and interpret data from various sources.
  • Excellent communication and interpersonal skills with the ability to effectively collaborate with cross-functional teams and stakeholders.
  • Proven ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities and requirements.
  • Ability to work effectively both independently and as part of a team.
  • Familiarity with project management methodologies and tools (e.g., Agile, Scrum, JIRA)
  • Excellent skills with Microsoft Word Office, Excel, PowerPoint, Outlook etc.
  • Ability to pay attention to detail when understanding the process.
  • Ability to manage time effectively and Self-learning capabilities.
  • Ability to find solutions, not only causes

Travel Requirements 

  • NONE

Physical Requirements

  • NONE

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.

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Confirmed 15 hours ago. Posted 2 days ago.

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