New Jersey’s largest Vascular Surgery group dedicated solely to the diagnosis and management of diseases of the arteries and veins. The Group has been delivering care throughout New Jersey since 1963 and is home to some of the best Vascular Surgeons in the country. Consistently recognized by their peers and patients as the top group in the region, The Cardiovascular Care Group provides the highest quality care using the newest technologies in the setting of years of experience with outstanding results.

Inventory Control & Accounts Payable Manager

The Manager, Inventory & Accounts Payable is responsible for overseeing the procurement, inventory management, and accounts payable functions for a multi-site vascular medicine practice. Reporting directly to the Chief Financial Officer (CFO), this position ensures the accurate purchasing, receiving, tracking, valuation, and payment of high-value medical supplies, pharmaceuticals, implants, office-based laboratory (OBL) inventory, and operating supplies.

This role serves as the organization's primary Accounts Payable professional, responsible for reviewing, verifying, approving, and processing all vendor invoices while maintaining strong internal controls. The position works closely with physicians, clinical leadership, materials management, and department managers to ensure uninterrupted patient care while controlling inventory costs and maintaining financial accuracy.

Essential Responsibilities

Inventory Management

• Manage all medical and non-medical inventory for multiple practice locations and office-based laboratories.
• Maintain accurate inventory records.
• Monitor inventory levels and establish appropriate minimum and maximum stocking quantities.
• Coordinate purchasing and replenishment of medical supplies, implants, pharmaceuticals, vascular intervention supplies, disposable surgical products, office supplies, and equipment.
• Conduct routine physical inventory counts and cycle counts while investigating and resolving discrepancies.
• Reconcile inventory records to purchasing and usage reports.
• Monitor product expiration dates and coordinate rotation to minimize waste.
• Analyze inventory turnover, utilization trends, and carrying costs.
• Develop inventory reports and key performance indicators for executive leadership.
• Ensure proper storage, handling, and security of high-value medical inventory.
• Assist with implementation and continuous improvement of inventory control procedures.
• Coordinate vendor returns, credits, recalls, and replacement products.
• Support annual financial audits related to inventory valuation and controls.

Accounts Payable

• Serve as the organization's primary Accounts Payable administrator.
• Receive, review, verify, and approve all vendor invoices for payment.
• Match invoices to purchase orders, packing slips, receiving documentation, and contracts.
• Investigate invoice discrepancies and coordinate resolutions with vendors and internal departments.
• Ensure invoices are coded accurately to the general ledger.
• Maintain vendor files, W-9 documentation, and payment terms.
• Reconcile vendor statements and resolve outstanding balances.
• Monitor aging of accounts payable to ensure timely payment and maximize available discounts.
• Prepare weekly accounts payable payment recommendations for CFO approval.
• Ensure compliance with internal purchasing policies and segregation of duties.
• Assist with annual 1099 preparation and vendor reporting requirements.
• Maintain complete supporting documentation for all disbursements.

Financial Controls & Compliance

• Ensure compliance with organizational purchasing policies and approval workflows.
• Identify duplicate payments, billing errors, and pricing discrepancies.
• Verify contracted pricing with vendors and group purchasing organizations (GPOs).
• Maintain strong internal controls over purchasing, receiving, and invoice approval.
• Assist in developing and documenting standard operating procedures.
• Maintain compliance with healthcare regulatory requirements related to purchasing and inventory management.

Vendor & Department Collaboration

• Develop and maintain strong relationships with medical supply vendors and distributors.
• Coordinate purchasing activities with physicians, practice administrators, surgical schedulers, clinical managers, and laboratory staff.
• Evaluate vendor performance, pricing, and service levels.
• Assist the CFO with contract renewals and vendor negotiati