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Accounts Payable Specialist
Accounts Payable SpecialistMadrigal Pharmaceuticals • Waltham, Massachusetts, USA
Accounts Payable Specialist

Accounts Payable Specialist

Madrigal Pharmaceuticals • Waltham, Massachusetts, USA
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Madrigal is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH) a serious liver disease that can progress to cirrhosis liver failure need for liver transplantation and premature mortality. Every member of our Madrigal team is connected by our shared purpose : leading the fight against MASH.

Madrigals medication Rezdiffra (resmetirom) is a once-daily oral liver-directed THR-β agonist designed to target key underlying causes of MASH. Rezdiffra is the first and only medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3). An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c).

Our success is driven by our people. We are building a dynamic inclusive and high-performing culture that values scientific excellence operational rigor and collaboration. To support our continued growth we are strengthening our workforce strategy to ensure we have the right talent at the right time in the right way.

Job Description

Job Title : Accounts Payable Specialist

Location : Hybrid from Waltham MA

Job Summary :

The Accounts Payable Specialist (AP Specialist) is expected to be detail oriented and have good communication problem solving and customer service skills. The successful candidate will be confident professional and meticulous. Top candidates will have the ability to work on their own initiative as part of a team and be able to maintain positive working relationships.

Reporting to the Accounts Payable Manager the AP Specialist ensures that all vendor bills are booked and allocated correctly with sufficient evidence in compliance with GAAP and according to company policies and SarbanesOxley (SOX) controls.

Key Responsibilities :

  • Manage full cycle accounts payable activities in a moderate-volume environment (entering processing and paying invoices)
  • Review invoices for accuracy and process invoices in Coupa to obtain appropriate approvals
  • Create payment batches within Coupa so they can be approved and released by Finance
  • Monitor interface between Coupa and NetSuite for tracking and payment
  • Ensure invoices are accurately coded and work with business partners to resolve any discrepancies
  • Respond to internal and vendor invoice / payment inquiries and resolve any discrepancies in a timely manner
  • Reconcile vendor statements which includes researching and correcting discrepancies where applicable
  • Assist with preparation of annual 1099 reports
  • Review supplier set up in Coupa performing verifications over banking information
  • Assist with month end close process related to vendor accruals and other schedules
  • Collaborate with external / internal auditors to provide audit documentation
  • All activities of this position will be performed in conformance with our established policies as well as US GAAP SOX and any other applicable regulatory requirements
  • Other ad-hoc projects as needed
  • Assist with ongoing process improvements and initiatives

Requirements :

  • Bachelors degree in Accounting or related field preferred; High School Diploma required
  • 1-3 years of relevant work experience preferred
  • Experience with Coupa preferred
  • Experience with NetSuite a plus
  • Pharmaceutical / biopharmaceutical industry a plus
  • Proficient with Microsoft Office (Outlook Excel & Word)
  • Strong communication skills (written and verbal)
  • Ability to work independently and collaborate cross functionally within finance and other departments at all levels of management
  • Madrigals Total Rewards strategy is based on a biotech industry peer group comparator and is inclusive of base pay bonus and equity. Our equity offers meaningful opportunity allowing our employees to share in the success they help create. By aligning individual and company performance we empower employees to think like owners giving them a stake in the organization.

    All employees receive equity which we believe reinforces our ownership culture. Base salary is determined by several factors including the candidates qualifications skills education experience business needs and market demands. The base salary range for this position is $67000 to $81000 per year.

    All full-time employees receive equity which reinforces our ownership culture and offers meaningful opportunity for our employees to share in the success they help create. By aligning individual and company performance we empower employees to think like owners giving them a stake in the organization.

    Full-time employees are also eligible for comprehensive benefits including flexible paid time off medical dental vision and life / disability insurance and 401(k) offerings (i.e. traditional Roth and employer match) in accordance with applicable plans. We also offer additional voluntary benefits like supplemental life insurance legal services and other addition we offer mental health benefits through our Employee Assistance Program for employees and their family. The company also provides other benefits in accordance with applicable federal state and local laws.

    We are committed to providing reasonable accommodations for individuals with disabilities throughout the hiring process. If you need assistance please contact

    Madrigal is an Equal Opportunity Employer. All employment is decided on the basis of qualifications merit and business need. Applicants will receive consideration for employment without regard to race ethnicity color religion sex gender identity sexual orientation national origin age disability protected veteran or disabled status or other characteristic protected by applicable federal state or local law.

    Unsolicited resumes from agencies should not be forwarded to Madrigal. Madrigal will not be responsible for any fees arising from the use of resumes through this source. Madrigal will only pay a fee to agencies if a formal agreement between Madrigal and the agency has been established.

    Applications are being accepted on an ongoing basis and can be submitted through our Madrigal Careers site.

    Please be aware that we have received reports of individuals misrepresenting themselves as Madrigal Pharmaceuticals Hiring Managers seeking to engage with job candidates through fraudulent online advertisements or job posting sites. These unauthorized individuals are using Madrigals name and logo in an attempt to solicit up-front fees and obtain personal information from interested job candidates. Please know that Madrigal does not conduct interviews via text or in chat rooms; conduct interviews via Skype RingCentral or solely via telephone; charge candidates an advance fee of any kind (e.g. fees for purchasing equipment); nor does it offer positions of employment without undergoing a thorough recruiting process.

    Please also note that any correspondence with regard to employment would come from an authorized email address or from an email address from one of our trusted search firm partners. We are aware that incorrect / fraudulent email addresses with Madrigal misspelled have been utilized in these most recent fraud attempts. If you receive unsolicited employment offers from people claiming to work for or on behalf of Madrigal we recommend that you : do not respond to their questions; do not open any attachments; and do not click on any hyperlinks. Any questions regarding the legitimacy of job-related contacts can be directed to .

    Required Experience :

    IC

    Key Skills

    Business Continuity Planning,Food Technology,ABAP,Import,Electrical & Automation,Adobe

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Yearly Salary Salary : 67000 - 81000

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