Accounts Payable Specialist
Company Overview:
Protara Therapeutics is a clinical-stage biotechnology company committed to advancing transformative therapies for people with cancer and rare diseases. Protara’s portfolio includes its lead candidate, TARA-002, an investigational cell-based therapy in development for the treatment of non-muscle invasive bladder cancer (NMIBC) and lymphatic malformations (LMs). The Company is evaluating TARA-002 in an ongoing Phase 2 trial in NMIBC patients with carcinoma in situ (CIS) who are unresponsive or naïve to treatment with Bacillus Calmette-Guérin (BCG), as well as a Phase 2 trial in pediatric patients with LMs. Additionally, Protara is developing IV Choline Chloride, an investigational phospholipid substrate replacement for patients on parenteral support who are otherwise unable to meet their choline needs via oral or enteral routes.
Job Overview:
As an Accounts Payable Specialist, you will be responsible for the accurate processing and payment of invoices and expenses submitted on a daily basis from vendors and employees. This position will assist with monitoring daily emails, running reports and monthly projects centered around the payables and expense processes.
*This person must be able to come into the NYC office two times a week. We have a flexible hybrid work schedule.
Essential Duties and Responsibilities include the following (Other duties may be assigned):
Accounts Payable Processing
- Process vendor invoices to ensure accurate coding in accordance with chart of account structure
- Process vendor payments in accordance with established AP payment cycle
- Communicate daily with vendors and internal employees to resolve purchase order, contract, invoice, or payment discrepancies.
- Strengthening and growing relationships with vendors and suppliers through timely payments
- Identify discrepancies by comparing invoices to contracts
- Protect the organization's value by keeping confidential information
- Assist with month-end and year-end closing activities related to accounts payable
- Other administrative duties as assigned
Employee Expense Management:
- Act as primary point of contact for employee expenses, including onboarding and answering routine questions
- Review and approve expense reports, ensuring compliance with company policies
- Responsible for ensuring accuracy of employee expense coding in accordance with chart of account structure
Contract management:
- Act as a first level finance reviewer for contracts submitted by various departments
- Engage professionally and timely to facilitate providing of finance and legal comments to business unit counterparts or vendors as applicable
- Assist with managing the existing contract database, contract approval workflow as well as help to implement process improvements in the contracting process
- Serve as a primary resource to support employees in contracting process questions
Supervisory Responsibilities:
- None
Education and/or Experience:
- Bachelor’s degree in Accounting or related field required.
- Minimum of 5 years of work experience in Accounts Payable, Finance, or related field.
Computer Skills:
- Must be proficient in MS Office Suite, with advanced skills in Excel.
- Experience with NetSuite, BILL (formerly Bill.com), Expensify, Workday Adaptive and/or Smartsheet is a plus
Certificates, Licenses, Registrations:
- None required
Other Skills and Abilities:
- Strong interpersonal skills, including the ability to communicate effectively with diverse audiences and build strong relationships
- Excellent written and oral communication and presentation skills.
- Ability to prioritize and multi-task successfully in a fast-paced environment.
- Excellent organizational skills and attention to detail are essential
- It is essential that this individual demonstrates the ability to work with highly confidential information.
- Ability to manage both day-to-day operations as well as project work in a fast-paced environment.
- Strong analytical and problem-solving skills.
- Ability to work both independently and in a collaborative team setting.
- Proficiency in data mining/data extraction.
- Demonstrated experience working with and presenting to senior level management.
- Ability to work through uncertainty.
Physical Demands:
The physical demands here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- No specific physical demands
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
- No specific work demands.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
*Salary Requirements are between $80,000 - $90,000 based on experience and qualifications.
Why You’ll Love Working at Protara
- Friendly, open, and fun team-oriented culture that values unique & diverse perspectives.
- Company-wide dedication to profoundly impacting patients’ lives.
- Amazing culture whereby core values and behaviors are shared cross-functionally.
- Competitive Salary and Benefits package includes incentive bonus, equity compensation, medical, dental, vision, commuter, and fertility benefits.
- Matching 401(k) Retirement Plan.
- Flexible working hours/schedule.
- Generous Paid Holidays and Unlimited PTO.
Protara is committed to being a diverse and inclusive workplace. Protara is an Equal Opportunity Employer and is committed in policy and in practice to recruit, hire, train, and promote in all job qualifications without regard to race, color, creed, religion, national or ethnic origin, citizenship status, age, sex or gender, gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, disability, genetic information or any other characteristic protected by applicable federal, state or local laws.
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