R2p Specialist

_At Johnson & Johnson, the largest healthcare company in the world, we come together for one purpose: to transform the history of health in humanity._
- Diversity & Inclusion are essential to continue building our history of pioneering and innovation, which has been impacting the health of more than 1 billion patients and consumers every day for more than 130 years. Regardless of your race, belief, sexual orientation, religion, or any other trait, YOU are welcome in all open positions at the largest healthcare company in the world._
- When You Join Johnson & Johnson, Your Move Could Mean Our Next Breakthrough._
- Our vision is to be the best-in-class Health & Wellness organization by leveraging the commercial strategy to deliver competitive advantage and value creation for the consumer, customer, and J&J. And as part of one of the largest and most diverse healthcare companies in the world, our brands leverage the company’s world-class research tools and scientific prowess to provide consumers across the globe with innovative consumer medicines, skin, baby, and essential health solutions.- You deserve to work in a place where you feel well and welcome._

**We are searching the best talent for R2P SPECIALIST to be in Bogota, Colombia.**

**Purpose**:
The R2P Specialist will be responsible for executing alignment to and compliance with defined Source to Settle related Accounts Payable (A/P) specific operational processes & policies. These job duties include (but are not limited to) process operations of the Company’s Aged Trial Balance (ATB) debit/credit balance positions (including recovery of long standing ATB credit positions), A/P Duplicate Payment, Recovery Audit functional operations, coordination of the annual Supplier Statement solicitation & internal credit recovery operations, conducting A/P transactional compliance audits, providing support for Req-to-Pay related Sarbanes-Oxley testing & reporting obligations, supplier risk & fraud management support, executing Escheat/Unclaimed Property process coordination and compliance reporting support (where applicable).

In addition to conducting A/P operations compliance support functions, the R2P Specialist will execute various Regional/Local tax compliance and operational requirements including VAT, IRS 1099/1042 withholding process management.

The R2P Specialist will have various financial compliance & performance reporting responsibilities including A/P Bank Reconciliation activities, cash flow & discount process performance monitoring. This position requires regular communication to internal and external customers, ad-hoc report development for R2P related project needs.

**You will be responsible for**:

- Perform Aged Trial Balance process management & supporting research, ATB supplier credit recovery activities, and related supplier communications process coordination. Analyze, and resolve supplier ATB disputes, and credit recovery discrepancies with R2P Associate.
- Perform supplier bankruptcy & court (legal) filing related Accounts Payable research & process management support.
- Manage daily duplicate payment analysis review processes, provide for decisions on duplicate payment prevention activities, coordinate with R2P Associates on A/P transactional activities, and follow up on all outstanding duplicate payment recoveries with suppliers.
- Manage Annual internal/external Supplier Statement (credit discovery) operational processes. Ensure full reclaim of any outstanding funds owed to Johnson & Johnson.
- Conduct process management and coordination of Accounts Payable transactional audit requirements ($1MM audit, manual invoice (MIRO) posting audit, invoice posting quality audit reviews, positive pay (bank portal) audit, manual Supplier Master activity audits reviews, etc.).
- Manage the coordination of Sarbanes-Oxley R2P related testing, documentation management, and controls compliance monitoring & reporting framework. Report SOX findings and recommendations for controls framework improvements where needed.
- Manage the Escheat (Unclaimed Property) process activities, including the supporting research, supplier communications coordination, and annual compliance reporting to government authorities.
- Conduct indirect tax operational process reporting management for VAT/IRS 1099/1042 annual reporting & payment withholding compliance. Communicate IRS B notices to suppliers out of compliance. Coordinate with J&J Tax department on annual compliance & reporting requirement changes and implement into tax audit supporting processes.
- Provide ad hoc reporting support to A/P and T&E Fraud & Risk Management for detection activities, and investigation support to Corporate Internal Audit requests.10%A/P Ledger Accounting & Cash Management Operations/Compliance:

- Conduct monthly bank reconciliations research for open variance items between Bank Account & AP subledger activities. Perform monthly system ledger financial closing activities and intercompa