Accounts Payable Specialist

Madrigal Pharmaceuticals • Waltham, MA

13d • $67,000 - $81,000 • Hybrid

About The Position

Madrigal is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a serious liver disease that can progress to cirrhosis, liver failure, need for liver transplantation and premature mortality. Every member of our Madrigal team is connected by our shared purpose: leading the fight against MASH. Madrigal’s medication, Rezdiffra (resmetirom), is a once-daily, oral, liver-directed THR-β agonist designed to target key underlying causes of MASH. Rezdiffra is the first and only medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3). An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c). Our success is driven by our people. We are building a dynamic, inclusive, and high-performing culture that values scientific excellence, operational rigor, and collaboration. To support our continued growth, we are strengthening our workforce strategy to ensure we have the right talent, at the right time, in the right way. Job Description Job Title: Accounts Payable Specialist Location: Hybrid from Waltham, MA Job Summary: The Accounts Payable Specialist (AP Specialist) is expected to be detail oriented and have good communication, problem solving, 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. Reporting to the Accounts Payable Manager, 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.

Requirements

• Bachelor’s degree in Accounting or related field preferred; High School Diploma required
• 1-3+ years of relevant work experience preferred
• Experience with Coupa preferred
• Experience with NetSuite a plus
• Pharmaceutical/biopharmaceutical industry a plus
• 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

Nice To Haves

• Experience with NetSuite
• Pharmaceutical/biopharmaceutical industry

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 NetSuite for tracking and payment
• Ensure invoices are accurately coded and work with business partners to resolve any 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
• Assist with preparation of annual 1099 reports
• Review supplier set up in Coupa performing verifications over banking information
• Assist with month end close process 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
• Assist with ongoing process improvements and initiatives

Benefits

• All full-time employees receive equity, which reinforces our ownership culture and offers meaningful opportunity for our employees to share in the success they help create.
• By aligning individual and company performance, we empower employees to think like owners, giving them a stake in the organization.
• Full-time employees are also eligible for comprehensive benefits, including flexible paid time off, medical, dental, vision and life/disability insurance, and 401(k) offerings (i.e., traditional, Roth, and employer match) in accordance with applicable plans.
• We also offer additional voluntary benefits like supplemental life insurance, legal services, and other offerings.
• In addition, we offer mental health benefits through our Employee Assistance Program for employees and their family.
• The company also provides other benefits in accordance with applicable federal, state, and local laws.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED