Senior Accounts Payable Accountant

Reports to : Assistant Controller

Position Summary

The Sr. Accounts Payable Accountant serves as an integral part of Fractyl's Finance team. As the first point of contact for the Company's vendor invoicing and payment process, your primary responsibility will be to accurately process vendor invoices, ensure timely payments to vendors, and maintain proper documentation. You are also responsible for timely and accurate processing and payment of employee reimbursements. You will apply accounting principles and company policies to ensure PO compliance, proper financial dimension codings, as well as recording relevant general ledger transactions such as prepaid and fixed assets capitalization. On an ongoing basis, you assist the Assistant Controller with certain financial close responsibilities and audit support activities. You will also seek improvement opportunities, implement new procedures or automation tools, and complete other related projects as assigned.

Primary Responsibilities

• Maintain AP email inbox, timely route invoices to appropriate approver(s), and follow through to ensure timely and accurate completion.
• Timely respond to invoice / payment inquiries from internal and external stakeholders.
• Maintain vendor records in the ERP, setting up new accounts (credit terms, category, etc.). Maintain up to date W-9 forms, identifying 1099 vendors and updating them in the ERP.
• Enter approved invoices in the ERP timely and accurately, ensuring appropriate G / L coding, due date, documentation, and approvals in accordance with the company's policies and procedures.
• Process weekly vendor payments including check run, ACH and wire payments.
• Review expense reports in Expensify in accordance with the company's policies; process and record weekly reimbursements.
• Monitor, record and reconcile company's credit card transactions.
• Support management by preparing and distributing weekly financial reports.
• Closely collaborate with procurement department and other departments to ensure compliance of company's purchasing policy.
• Assist with the preparation and filing of annual compliance requirements such as 1099 and MA use tax filings.
• Support the Assistant Controller in annual audits and quarterly reviews.
• Manage monthly Accounts Payable KPI and contribute to process improvements.
• Bring a "can do" spirit to work and deliver on other responsibilities as assigned.

Education or Certification Requirements

Professional Work Experience

Qualifications and Skills

Other Essentials and Key Success Factors :

Travel

The description and requirements outlined above are general; additional requirements may apply.