What are the responsibilities and job description for the Accounts Payable Specialist position at Madrigal Pharmaceuticals Corporation?
Madrigal is a biopharmaceutical company pursuing novel therapeutics for non-alcoholic steatohepatitis (NASH), also known as metabolic dysfunction associated steatohepatitis (MASH). Our first therapy, Rezdiffra (resmetirom), was granted accelerated approval by the U.S. Food and Drug Administration (FDA) for the treatment of adults with NASH with moderate to advanced liver fibrosis (consistent with stages F2 to F3 fibrosis) and is being studied in a Phase 3 trial for the treatment of NASH with compensated cirrhosis.
Role Overview:
The Accounts Payable Specialist (AP Specialist) is expected to be detail oriented and have good communication 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.
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 Sarbanes–Oxley (SOX) controls.
Location: Hybrid from either Conshohocken, PA or Waltham, MA
Position 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 Great Plains for tracking and payment
- Ensure invoices are accurately coded
- Research and resolve invoice and purchase order 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
- Prepare annual 1099 reports
- Review supplier set up in Coupa performing verifications over banking information
- Assist with month end close 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
- Bachelor’s degree in accounting or related field preferred; High School Diploma required
- 3 years of relevant work experience in AP
- Experience with Coupa strongly preferred
- Experience with ERP systems (Great Plains, NetSuite preferred)
- Pharmaceutical/biopharmaceutical industry preferred
- 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
Base salary is determined by several factors that include, but are not limited to, a successful candidate's qualifications, skills, education, experience, business needs, and market demands. The role may also be eligible for bonus, equity, and comprehensive benefits, which include flexible paid time off (PTO), medical, dental, vision, and life and disability insurance.
#LI-Hybrid
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.
Please be aware that we are currently receiving numerous 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 Madrigal’s 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. Interviews with Madrigal are conducted via the Zoom platform.
Please also note that any correspondence with regard to employment would come from an authorized madrigalpharma.com 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 Madrigal we recommend that you: do not respond to their questions; do not open any attachments; and do not click on any hyperlinks.
