Accounts Payable Specialist
Summary:
The Accounts Payable Specialist will report to the Assistant Controller and play an essential role in managing day-to-day accounting tasks related to accounts payable. This position will handle routine financial transactions, ensure compliance with internal controls, and assist in maintaining accurate financial records. The ideal candidate is detail-oriented, organized, and eager to grow within the accounting field.
Essential Duties and Responsibilities:
- Accounts Payable Management:
- Review and process vendor invoices, ensuring accuracy and adherence to internal controls.
- Assist with the issuance of purchase orders (POs) and manage accounts payable (A/P) transactions, including coding and entering invoices into the accounting system.
- Reconcile A/P accounts, resolve discrepancies, and ensure timely payment to vendors.
- Financial Recordkeeping:
- Maintain organized and accurate financial records, including documentation for A/P transactions.
- Assist with monthly account reconciliations and support the month-end close process.
- Prepare basic financial reports and summaries as requested by the Accounting Supervisor.
- Compliance and Audit Support:
- Ensure compliance with company policies, procedures, and regulatory requirements related to accounts payable.
- Assist with audit preparation by providing necessary documentation and supporting schedules.
- Maintain confidentiality and integrity of sensitive financial and payroll information.
- Process Improvement:
- Participate in the implementation of new financial systems, workflows, and processes related to A/P.
- Suggest and assist in developing process improvements to enhance efficiency and accuracy in financial operations.
Qualifications & Requirements:
- Education and Experience:
- Associate's degree in accounting, finance, or a related field is preferred.
- Minimum of 2-3 years of experience in accounts payable, or a related accounting role.
- Familiarity with accounting software and proficiency in MS Excel and other Microsoft Office products.
- Skills and Attributes:
- Strong attention to detail and excellent organizational skills.
- Ability to handle multiple tasks simultaneously and meet deadlines.
- High level of integrity, ethics, and commitment to confidentiality.
- Strong communication skills, both written and verbal, can work effectively within a team.
- Proactive approach to problem-solving and a willingness to learn and grow in the role.
Physical Requirements:
- Sit for extended periods of time (2 or more hours)
- Occasionally lift or carry up to 20 kg
Benefits at Lumen Bioscience:
- Stock bonus.
- Health, Dental, and Vision premiums fully covered by Lumen.
- 401k match up to 4%.
- Industry-leading PTO policy, paid refresh days, and paid year-end holiday office closure.
- Monthly wellness program to support your health and well-being.
- Free onsite parking or public transportation subsidies.
- Comprehensive parental leave policies.
- Life insurance, short & long-term disability, and access to employee assistance programs.
At Lumen Bioscience, we foster a workplace built on collaboration, innovation, and professional growth. This role offers a significant opportunity to contribute directly to cutting-edge biotechnology and the advancement of global health solutions.
Join our team and make meaningful contributions to scientific achievements.
Compensation Range
$30 - $33 USD
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