Accounts Payable Specialist II, Healthcare

The Oncology Institute of Hope and Innovation•Cerritos, CA

5d•Hybrid

About The Position

About The Oncology Institute ( www.theoncologyinstitute.com ): Founded in 2007, The Oncology Institute (NASDAQ: TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge , evidence-based cancer care to a population of approximately 1.9 million patients , including clinical trials, transfusions, and other care delivery models traditionally associated with the most advanced care delivery organizations. With over 180 employed and affiliate clinicians and over 100 clinics and affiliate locations of care across five states and growing, TOI is changing oncology for the better. At The Oncology Institute, we empower our Accounts Payable team to drive financial excellence in healthcare. Join us in supporting our mission to provide compassionate cancer care through precise financial stewardship. You'll thrive in a collaborative environment where your expertise ensures seamless operations and contributes directly to advancing oncology treatments. Explore growth opportunities and be part of a dedicated team committed to patient-centric care and operational excellence. This is a hybrid role and requires attendance in our Cerritos, CA Office three days per week (M, W, F) JOB PURPOSE AND SUMMARY: The Accounts Payable Specialist II is responsible for overseeing the day-to-day operations of the accounts payable function, ensuring timely and accurate processing of invoices, payments, and reconciliations. This role supports process improvement efforts and resolves complex issues. The AP Lead works closely with vendors, internal departments, and the finance team to maintain accurate financial records and uphold company policies and accounting standards.

Requirements

In-depth understanding of accounts payable processes and internal controls
Strong problem-solving skills and ability to resolve vendor and payment issues independently
Proficient in Microsoft Excel and other Office applications; experience with Ramp is a plus
Detail-oriented with a focus on accuracy and compliance
Well-organized and able to manage multiple priorities under deadlines
Ability to communicate clearly and professionally with vendors and internal teams
Strong sense of accountability and discretion with confidential information
Experience supporting or driving process improvements in AP
Bachelor’s degree in Accounting, Finance, or a related field
4 to 7 years of experience in accounts payable, including full-cycle processing

Nice To Haves

Prior experience in a lead AP role
Ramp experience

Responsibilities

Manage the end-to-end accounts payable process, including invoice receipt, approval, and payment
Review and process a high volume of invoices with accuracy and efficiency
Ensure appropriate approvals are obtained before payment disbursement
Prepare and execute check runs, ACH payments, and wire transfers
Review and resolve complex vendor inquiries and discrepancies
Maintain and regularly update vendor records and W-9 documentation
Reconcile the AP sub-ledger to the general ledger and resolve discrepancies
Support month-end close activities and assist with internal and external audits
Identify and recommend opportunities for improving AP workflows and controls
Live and exemplify TOI core values, providing outstanding customer service and promoting a positive experience for patients and staff members.