Accounts Payable Business Specialist III

Requisition ID:                       64507                          Title: Accounts Payable Business Specialist III Division: Arthrex, Inc. (US01) Location: Naples, FL

 

 

 

 

 

 

 

 

 

Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. The Accounts Payable Business Specialist is a key contributor to the efficiency and integrity of the accounts payable function, with a primary focus on vendor onboarding, maintenance, and performance analysis. This role ensures vendors are accurately set up and maintained in SAP, supports compliance and risk mitigation, and delivers actionable insights through KPI reporting and data analysis. If you are interested in working, learning, and advancing in a fast-growing global organization with great resources and opportunities? Then apply to join our talented team and support us Helping Surgeons Treat Their Patients Better™.

 

Essential Duties and Responsibilities:

Vendor Onboarding & Maintenance

• Oversee the end-to-end vendor setup process, ensuring timely and accurate onboarding in SAP.
• Maintain vendor master data, ensuring compliance with internal controls and regulatory requirements.
• Function as a liaison between vendors and internal teams to resolve setup issues and ensure smooth payment processing.
• Monitor and audit vendor records to mitigate risk and ensure data integrity.

 

Process Optimization & Support

• Serve as a subject matter expert in SAP and accounts payable processes.
• Identify and implement process improvements to enhance efficiency and reduce risk.
• Provide support to the AP team in resolving vendor-related issues and system challenges.

 

Reporting & Analysis

• Develop and maintain dashboards and reports that track key performance indicators (KPIs) related to vendor management, invoice processing, and payment cycles.
• Analyze the reports to provide an actionable summary for the AP Team to enhance operational performance.
• Collaborate with cross-functional teams to ensure alignment and efficiency in the procurement-to-pay process.

 

Additional Duties & Responsibilities:

• Responsible for vendor onboarding and management
• Be a liaison between accounts payable and SALT.
• Working knowledge of procurement & receiving policies and procedures.
• Assist with OpenText User Issues
• Drive team efficiency through process improvements and ERS.
• Perform ad hoc requests from internal customers and Finance Leadership
• Advanced understanding and application of accounts payable, vendor management, SALT and procurement & receiving policies and procedures.
• Ability to develop solutions to a variety of problems of moderate to high scope and complexity.
• Apply analytical and critical thinking to support business decisions and resolve discrepancies.

 

Education/Experience:

• Bachelor’s degree in accounting or related field required

and 1+ years of experience in an accounts payable environment.

Or

• Associate's degree and 4+ years of experience in an accounts payable environment.

 

Specialized Skills:

• Strong understanding of accounts payable principles and best practices
• Working knowledge in SAP or similar ERP systems
• Analytical mindset with experience in reporting and data interpretation
• Excellent communication and problem-solving skills.
• Ability to manage multiple priorities and drive process improvements.
• Intermediate to Advanced Excel skills (pivot tables, V-Lookups)
• Intermediate SAP knowledge
• Strong collaboration and negotiation skills
• Advanced