Ap Accountant

Accounts Payable Accountant
COMPANY DESCRIPTION:
Our client develops life-changing medicines for patients using advanced structure-based and computational drug discovery technology. The company's platform combines the latest advancements in visualization of molecular interactions, computational chemistry, and data integration to design orally available, superior small molecule medicines that overcome current limitations of biologic and peptide drugs. They are advancing a clinical-stage pipeline of differentiated treatments focused on chronic diseases with high unmet need, including cardiovascular, metabolic, and pulmonary conditions.
LOCATION: South San Francisco, CA. Hybrid. 3 days per week.
Position Summary
As the Accounts Payable Staff Accountant, you are responsible for Managing all the essential Accounts Payable duties and responsibilities within the Finance department.
ESSENTIAL DUTIES AND RESPONSIBILITIES
• Managing accounts payable using accounting software and other programs
· Monitor the AP inbox. Work through and respond to inquiries and resolve questions/issues
· Handling accounts payable for separate entities and vendors
• Analyzing workflow processes
• Establishing and maintaining relationships with new and existing vendors
• Ensuring bills are paid in a timely and accurate manner while adhering to departmental procedures
• Processing due invoices for payments
• Comparing purchase orders, prices, terms of payment and other charges
• Processing transactions and performing accounting duties such as account maintenance, recording entries and reconciling books of accounts
· Obtain appropriate verification(s) and approval(s) for invoices before posting.
· Prepare weekly batch check runs
· Ability to process and follow up on "rush" items
· Prepare Form 1099's
· Timely responses to internal and external vendor inquires/issues.
· Assist in set up of new vendors
· Ensure proper accounting of month-end.
· Research and resolution of invoice or community AP issues.
· Ensure that all processing and reporting deadlines are consistently achieved
· Other ad-hoc tasks as directed by management including reporting and audit requests
· Assist in auditing expense reports and efficiency implementations such as Concur
· Assist in AP cleanup projects such as vendor account clean up
REQUIREMENTS
Education
· 2-year accounting degree or equivalent experience preferred
Experience
· Minimum 3+ years Accounts Payable experience required
· Excellent verbal and written communication skills are essential
· Demonstrated ability to prioritize work to meet set deadlines
· Strong time management, planning and organizational skills
· Ability to analyze and research data and resolve discrepancies
· Ability to multitask in a deadline driven environment and shift priorities as needed
· Ability to seek out information and resolve issues
· Comfortable working autonomously but within a team
· Advanced level of computer literacy, including Financial Systems and Microsoft Office is essential (Advanced Excel)
· High level numeracy and reconciliation skills, with demonstrated attention to detail and accuracy
· Proficient with high volume of transactions
· Experience in processing a high volume of AP
· NetSuite and Gappify experience a plus
· Ability to work in the office 3 days a week
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure: $115,000-$160,000. The individual may also be eligible for discretionary bonuses.