Manager, Accounts Payable
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What you'll do
- Oversee all aspects of daily accounts payable operations, ensuring timely and accurate processing of invoices and payments
- Maintain efficient workflows and resolve issues that could impact accuracy or deadlines
- Develop, implement, and enforce policies and procedures to improve AP processes and ensure compliance with company policies and financial regulations
- Resolve vendor payment inquiries and discrepancies and respond to internal/external inquiries.
- Maintain accurate and complete financial and supplier records
- Coordinate the month-end close process for accounts payable, including account reconciliations and reporting
- Maintain internal controls to prevent fraud and ensure compliance with GAAP and company policy
- Partner with other members of the Finance team, including procurement and general accounting, as needed
- Track key AP metrics to identify inefficiencies, optimize workflows, and uncover cost-saving opportunities
- Perform other duties as assigned
What they're looking for
- 5+ years of experience in accounts payable processing
- Strong knowledge of accounts payable processes, financial controls, and regulatory requirements; experience with Sunshine Act compliance a plus
- Strong analytical, data analysis, and problem-solving skills
- Effective communication skills, with the ability to work productively across all levels of the organization
- Proven track record of process improvement and implementing best practices
- Ability to manage multiple priorities in a fast-paced environment with strong attention to detail
- Proficiency in Microsoft Excel and experience with ERP systems (NetSuite preferred)
- High level of discretion and professionalism when handling confidential information
Nice to have
- Bachelor's degree in Accounting, Finance, or a related field preferred
- Experience with Sunshine Act compliance a plus
- NetSuite experience preferred
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
About Genetix Biotherapeutics
At Genetix Biotherapeutics every role has meaning, every team member is respected, and every day is a chance to make a difference. When you join Genetix, you're not just landing a new role, you become part of a company that's pursuing curative gene therapies to give patients and their families more days. We are doers, thinkers and collaborators who embrace and live by our values:
Our innovation is rooted in the diversity of our teams and results are achieved through cooperation and the integration of multiple viewpoints. This is personal and we approach every challenge with radical care.
This is a full-time hybrid position (3 days a week) in our Somerville, MA or Eaxton, PA office.
SUMMARY
We are seeking an experienced and dependable Accounts Payable Manager to oversee the day-to-day accounts payable (AP) function, including invoice processing, vendor and supplier payments, and compliance with company policies and financial regulations. This individual contributor role is responsible for maintaining accurate financial and supplier records, coordinating month-end close activities, and continually improving AP processes and internal controls, while partnering closely with other members of the Finance team. The ideal candidate will have strong analytical and problem-solving skills, hands-on experience with ERP systems such as NetSuite, and the ability to manage multiple priorities with a high degree of accuracy in a fast-paced, growing organization. This position reports to the Vice President, Finance.
RESPONSIBILITIES
- Oversee all aspects of daily accounts payable operations, ensuring timely and accurate processing of invoices and payments
- Maintain efficient workflows and resolve issues that could impact accuracy or deadlines
- Develop, implement, and enforce policies and procedures to improve AP processes and ensure compliance with company policies and financial regulations
- Resolve vendor payment inquiries and discrepancies and respond to internal/external inquiries.
- Maintain accurate and complete financial and supplier records
- Coordinate the month-end close process for accounts payable, including account reconciliations and reporting
- Maintain internal controls to prevent fraud and ensure compliance with GAAP and company policy
- Partner with other members of the Finance team, including procurement and general accounting, as needed
- Track key AP metrics to identify inefficiencies, optimize workflows, and uncover cost-saving opportunities
- Perform other duties as assigned
QUALIFICATIONS
- Bachelor's degree in Accounting, Finance, or a related field preferred
- 5+ years of experience in accounts payable processing
- Strong knowledge of accounts payable processes, financial controls, and regulatory requirements; experience with Sunshine Act compliance a plus
- Strong analytical, data analysis, and problem-solving skills
- Effective communication skills, with the ability to work productively across all levels of the organization
- Proven track record of process improvement and implementing best practices
- Ability to manage multiple priorities in a fast-paced environment with strong attention to detail
- Proficiency in Microsoft Excel and experience with ERP systems (NetSuite preferred)
- High level of discretion and professionalism when handling confidential information
Additional Information
The pay transparency range provided below is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This role is eligible for an annual bonus and long-term incentive. Actual base salary pay will be based on several factors, including but not limited to experience, skills, relevant education/qualifications, external market, internal equity, and other job-related factors permitted by law.
Genetix’s total rewards package also provides employees with a comprehensive and competitive benefits suite to support a variety of employee needs. These benefits include comprehensive health, life and disability insurance, employer-matched 401(k) plan, lifestyle spending account, flexible time-off + paid holidays and winter holiday period, tuition reimbursement & loan repayment assistance, paid parental leave, paid onsite parking, commuter subsidy, and much more.
Genetix is proud to be an equal opportunity employer, seeking to create a welcoming and diverse environment. All applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other applicable legally protected characteristics.
Company
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