Senior Accounts Payable Accountant

Reports to: Assistant Controller  

Position Summary 

The Sr. Accounts Payable Accountant serves as an integral part of Fractyl’s Finance team. As the first point of contact for the Company’s vendor invoicing and payment process, your primary responsibility will be to accurately process vendor invoices, ensure timely payments to vendors, and maintain proper documentation. You are also responsible for timely and accurate processing and payment of employee reimbursements. You will apply accounting principles and company policies to ensure PO compliance, proper financial dimension codings, as well as recording relevant general ledger transactions such as prepaid and fixed assets capitalization. On an ongoing basis, you assist the Assistant Controller with certain financial close responsibilities and audit support activities. You will also seek improvement opportunities, implement new procedures or automation tools, and complete other related projects as assigned.  

Primary Responsibilities 

• Maintain AP email inbox, timely route invoices to appropriate approver(s), and follow through to ensure timely and accurate completion.  

• Timely respond to invoice/payment inquiries from internal and external stakeholders. 

• Maintain vendor records in the ERP, setting up new accounts (credit terms, category, etc.). Maintain up to date W‐9 forms, identifying 1099 vendors and updating them in the ERP. 

• Enter approved invoices in the ERP timely and accurately, ensuring appropriate G/L coding, due date, documentation, and approvals in accordance with the company’s policies and procedures. 

• Process weekly vendor payments including check run, ACH and wire payments. 

• Review expense reports in Expensify in accordance with the company’s policies; process and record weekly reimbursements. 

• Monitor, record and reconcile company’s credit card transactions. 

• Support management by preparing and distributing weekly financial reports. 

• Closely collaborate with procurement department and other departments to ensure compliance of company’s purchasing policy. 

• Assist with the preparation and filing of annual compliance requirements such as 1099 and MA use tax filings. 

• Support the Assistant Controller in annual audits and quarterly reviews. 

• Manage monthly Accounts Payable KPI and contribute to process improvements. 

• Bring a “can do” spirit to work and deliver on other responsibilities as assigned. 

Education or Certification Requirements 

• Bachelor’s degree in Accounting, Finance, or related field. 

Professional Work Experience 

• 3+ years of experience in accounts payable 

• Experience in biotech, pharmaceutical and/or medical device industries preferred. 

Qualifications and Skills 

• Experience with accrual-based accounting and general understanding of US GAAP 

• Excellent computer skills (e.g., Microsoft Office Suite) and adaptability to new technologies 

• Proficiency in accounting software; experience with MS Dynamics 365 a plus 

Other Essentials and Key Success Factors: 

• Successful track record of working in high-growth and dynamic organizations 

• Highly organized and detail oriented with a passion to deliver quality results 

• Demonstrated record of intellectual curiosity, innovation and creative problem solving 

• Strong financial acumen and analytical agility 

• Ability to lead fast-paced projects with a keen sense of urgency to get the job done well 

• Proven and successful track record as a team-player and collaborator in small working environments 

• Excellent verbal and written communication skills, with experience translating technical concepts into user-friendly documentation 

• Highest levels of professionalism, confidence, personal values and ethical standards 

Travel 

• Travel is not required for this position at this time. 

The description and requirements outlined above are general; additional requirements may apply.