Accounts Payable and Payroll Specialist

Position Summary

We are seeking an Accounts Payable and Payroll Specialist to be responsible for timely and accurate payments and reimbursements to outside vendors and employees of MBX Biosciences. Key responsibilities will include handling payroll functions, including calculating employee hours, managing deductions, and addressing any payroll-related inquiries. You will also process invoices, reconcile accounts, and maintain accurate records of all payment activities. Communication, organizational skills, and attention to detail, as well as the ability to multi-task, are key to successful incumbents consistently functioning at the highest level with the utmost regard for the MBX’s mission & values. A proactive attitude and a problem-solving mindset are vital for thriving in this dynamic environment.

Key Responsibilities

Including but not limited to:

• Assist in the preparation of multi-state semi-monthly payroll
• Prepare semi-monthly payroll journal entries and assist with monthly/quarterly payroll reconciliations.
• Responsible for maintaining up-to-date registrations for all applicable state and local tax jurisdictions and any related correspondence with jurisdictions
• Coordinate with Human Resources on payroll matters related to new hires, terminations, changes in salary, tax withholdings, deductions, benefit changes, leave of absences and any other employee pay changes
• Verify, remit and finalize the transmission of employee deductions for the 401(k) to our respective plan provider.
• Responsible for invoice processing and review, including coordinating appropriate approvals and processing payments to outside vendors and employees.
• Ensure all invoices are entered and classified to the correct department and GL codes in NetSuite.
• Review and reconcile vendor statements to ensure all invoices have been received.
• Respond to all payment and general AP inquiries and resolve matters with accuracy and efficiency.
• Work with external vendors, consultants, department personnel and executive assistants to resolve discrepancies or obtain missing information on invoices and expense claims.
• Oversee all new vendor setup in NetSuite, including obtaining appropriate verification documentation and authentication of vendor payment details.
• Maintain files and documentation thoroughly and accurately, in accordance with company policy and generally accepted accounting policies
• Oversee T&E expense report review and processing via Concur, including verifying reimbursable expenses are in accordance with policy and coded to appropriate GL accounts
• Support month-end close, including timely close of AP, preparation of journal entries and balance sheet account reconciliations, as applicable.
• Supports Controller/Finance department on miscellaneous/ad-hoc projects.
• Other responsibilities as assigned.
  
  

Education & Qualifications

• 3 years of experience in accounts payables or payroll processing
• Bachelor’s degree; major in Accounting preferred
• Proficiency with NetSuite and Concur a plus
• Very detail-oriented and well organized
• Ability to work independently in a fast-paced environment and handle multiple projects at once
• Creative thinker who is interested in improving process and enjoys taking initiative
• Excellent verbal and written communication skills.
• Other responsibilities as assigned.
  
  

Company Overview

MBX Biosciences, Inc. (NASDAQ: MBX) is a clinical-stage biopharmaceutical company focused on the discovery and development of novel precision peptide therapies for the treatment of endocrine and metabolic disorders. The Company was founded by global leaders with a transformative approach to peptide drug design and development. Leveraging this expertise, the Company designed its proprietary Precision Endocrine Peptide™ (PEP™) platform to overcome the key limitations of unmodified and modified peptide therapies and to improve clinical outcomes and simplify disease management for patients. PEPs are selectively engineered to have optimized pharmaceutical properties, including extended time-action profiles and consistent drug concentrations with low peak-to-trough concentration ratios, consistent exposure to target tissues, and less frequent dosing. The Company is advancing a pipeline of novel candidates for endocrine and metabolic disorders with clinically validated targets, established endpoints for regulatory approval, significant unmet medical needs and large potential market opportunities. The Company’s pipeline includes its lead product candidate MBX 2109, in Phase 2 development for the treatment of chronic hypoparathyroidism (HP); MBX 1416, in Phase 1 development for the treatment of post-bariatric hypoglycemia (PBH); and an obesity portfolio that includes MBX 4291, as well as multiple discovery and pre-clinical candidates in development for the treatment of obesity. The Company is based in Carmel, Indiana. To learn more, please visit the Company website at www.mbxbio.com and follow us on LinkedIn.

EEO Statement

MBX Biosciences is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. MBX is committed to the principle of equal employment opportunity for all applicants and employees and to providing a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. We will not tolerate discrimination or harassment based on any of these characteristics. We encourage applicants of all ages.