Accounts Payable Specialist 2

Veranex's mission as an Innovation CRO is to improve patient outcomes by accelerating our clients innovations to market. As the world's only end-to-end professional services firm focused on MedTech, we take clients Vision to Velocity through our comprehensive service portfolio, with expertise in human centered design and product development, preclinical and clinical research, regulatory affairs, and market access and reimbursement consulting.

About This Role:

Veranex has an exciting opportunity to join our team as Accounts Payable Specialist 2. You will be part of a team working to improve lives globally through medical technology innovation. The Accounts Payable Specialist 2 will be responsible for reviewing and processing invoices for payment, ensuring accuracy and adherence to company policies. Process payments to vendors, including checks, electronic transfers, and ACH payments. Prepare and present accounts payable reports, including aging reports, payment summaries, and financial metrics. Reconcile accounts payable subsidiary ledgers with general ledger accounts. Act as a primary contact for vendor inquiries regarding payment status and account information. Ensure adherence to internal controls, company policies, and regulatory requirements. Identify opportunities for process improvements within the accounts payable function. Implement changes and best practices to enhance the efficiency and accuracy of accounts payable operations. Provide guidance and support to junior accounts payable staff, offering training as needed.

What You Will Do:

• Verifies invoice details against purchase orders and receipts and resolve discrepancies promptly.
• Enters invoices into the accounts payable system, ensuring proper coding and approval.
• Processes payments to vendors and manages payment schedules to ensure payments are made within vendor terms.
• Reviews and approves payment batches before final processing. Assists in conducting analysis of accounts payable data to identify trends, discrepancies and opportunities for improvement.
• Prepares accounts payable reports, including aging reports, payment summaries and financial metrics.
• Reconciles accounts payable subsidiary ledgers with general ledger accounts.
• Investigates and resolves discrepancies between vendor statements and company records.
• Assists in month-end and year-end closing processes, ensuring accurate financial reporting.
• Acts as a contact for vendor inquiries regarding payment status and account information.
• Resolves routine vendor issues and payment disputes. Maintains accurate and up-to-date vendor records and documentation.
• Assists with audits by providing necessary documentation and support.
• Follows established procedures for handling accounts payable transactions.
• Assists in implementing changes and best practices to enhance the efficiency and accuracy of accounts payable operations.
  
  

Qualifications:

Required skills:

• Bachelor's degree in accounting, finance, or related discipline.
• 2-4 years of relevant work experience.
• Works on problems of moderate scope where analysis of situations or data requires a review of a variety of factors.
• Exercises judgment within defined procedures and practices to determine appropriate action.
• Builds productive internal/external working relationships.
• Developing professional expertise, applies company policies and procedures to resolve a variety of issues.
  
  

Preferred:

• Proficiency in accounting software and applications e.g., Excel
• Strong analytical and problem-solving skills, with the ability to analyze financial data
• Strong organizational, decision-making, and time-management skills, with the ability to handle multiple tasks and meet deadlines.
• Good written and oral communication skills
• Strong attention to detail and accuracy in managing invoices and payments
• Strong ability to work in cross-functional teams.
  
  

Veranex is an equal opportunity employer and prohibits discrimination of any kind. All qualified applicants will receive consideration for employment without regard for race, color, religion or belief, sex (including pregnancy, gender identity or gender expression), sexual orientation, parental or marital status, disability, age, status as a protected veteran, national, social, or ethnic origin, or any other applicable legally protected characteristics. Applicants must be currently authorized to work in the United States on a full-time basis. The company is not able to sponsor visas or provide employment-based immigration sponsorship for this role now or in the future.

Protecting Your Job Search (Recruitment Scam Awareness)

At Veranex, we believe our people are what set us apart, and our commitment to supporting talent begins the moment you consider joining our team. We aim to provide every candidate with a safe and transparent recruiting experience. As phishing and recruitment scams continue to target job seekers worldwide, here are a few items to keep in mind:

• Official communications will only come from company email addresses ending in @veranex.com.
• We will never ask you to send money or provide banking information at any stage of the recruitment process.
• Be cautious of unexpected emails and avoid opening suspicious links or attachments.
• When in doubt, contact us. If you have questions about the authenticity of a communication you've received, please contact our recruiting team at [HIDDEN TEXT] before responding