Accounts Payable Specialist

Accounts Payable Specialist

Categories: Finance

Crinetics is a pharmaceutical company based in San Diego, California, developing much-needed therapies for people with endocrine diseases and endocrine-related tumors. We were founded by a dedicated team of scientists with the simple belief that better therapies developed from rigorous innovation can lead to better lives. Our work continues to make a real difference in the lives of patients. We have a prolific discovery engine and a robust preclinical and clinical development pipeline. We are driven by science with a patient-centric and team-oriented culture. This is an exciting time to join Crinetics as we shape our organization into the world's premier fully-integrated endocrine company from discovery to patients. Join our team as we transform the lives of others.

Position Summary:

The Accounts Payable Specialist will be responsible for processing invoices, travel & expense reports, managing workflows, researching discrepancies, and communicating with vendors as well assisting with accounting period-end close accruals and working on special items as needed.

The Account Payable Specialist will work effectively with personnel from other departments to ensure timely and accurate invoice posting, ensuring compliance with company policies and industry regulations on all payments to employees and suppliers.

Essential Job Functions and Responsibilities:

These may include but are not limited to:

• Process a high volume of invoices in Coupa, ensuring proper coding, tax classification and approval routing.

• Communicate with vendors, team members, and other individuals as needed to resolve invoice/purchase order discrepancies or obtain missing documents.

• Monitor and maintain accounting mailbox, effectively respond to external supplier, and internal customer inquiries promptly.

• Onboard new suppliers, obtain completed tax forms and payment information and verbally verifying all new banking information to guard against fraud.

• Review and reconcile vendor statements for completeness, payment status, and reconcile any differences.

• Establish cross-functional relationships while driving process efficiency.

• Work with shipping and receiving in regard to invoices pending product receipt.

• Review employee expense reports for compliance with Crinetics policies.

• Follow up on past due expense reports to ensure timely submission and processing.

• Assess and enhance the expense reporting process with the Compliance team while implementing best practices and providing additional training to users when necessary.

• Identify, provide input and support improvements to systems and processes to drive efficiency and enhance effectiveness.

• Assist with SOX and compliance audit requests.

• Perform internal quality control audits to ensure compliance with Federal Sunshine Act and state law reporting requirements; resolve audit escalations if necessary.

• Assist in the month-end closing process for accounts payable by reconciling accounts and providing accurate financial data for reporting purposes.

• Support and perform the issuance of Form 1099's and similar tax documents.

• Prioritizing processing invoices based on due dates and resolving escalated issues in a timely manner.

• Other duties as assigned.

Education and Experience:

• Bachelor's degree in Accounting, Finance or related business field with at least 2 years of relevant accounts payable experience.

• Working knowledge and experience with Sunshine Act Compliance preferred.

• Minimum seven years of experience with general ledger coding.

• Exceptional data analysis and analytical skills.

• Ability to identify and define problems, collect supporting data, establish facts, propose solutions, and meet deadlines.

• Effective communication: ability to productively interact with others at all levels - within and outside the Finance department.

• Motivated to develop and maintain internal and external relationships.

• Self-starter who is drawn towards taking initiative, can multi-task, and possess the ability to respond to inquiries and effectively present information to accounting and business managers.

Physical Demands and Work Environment:

Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must bemet by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities.

Laboratory Activities (if applicable): Biology and chemical laboratory environment experience needed. Environmental health and safety requirements also apply.

Travel:

You may be required to travel for up to 5% of your time.

The Anticipated Base Salary Range: $27.40-$36.53

In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown.

The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience and education. Crinetics Pharmaceuticals is a multi-state employer, and this salary range may not reflect positions that work in other states. Your recruiter can share more about the specific salary range during the hiring process.

Equal Opportunity Employer:

Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws.

Vaccination requirement:

Following extensive monitoring, research, consideration of business implications, and advice from internal and external experts, Crinetics requires that all employees and contractors be fully vaccinated and have received the COVID-19 vaccines as a condition of employment. "Full vaccination" is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.

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