MedPharm
Accounts Payable Specialist
Finance - Durham, NC - Full Time
Bonus Potential | Matched Pension Contributions/401k | Annual Leave/PTO | Employee Assistance Program
Core Values: Diligence, Pioneering, Integrity, Dignity
Job Title: Accounts Payable Specialist
Location: Durham, NC
Reports to: Accounting Manager
On-site Expectations:
100% on-site position
About MedPharm:
MedPharm is a global leader in topical and transdermal product development, providing end-to-end services from early-stage formulation development to full commercial production. With facilities in the UK and the US, MedPharm has established itself as a trusted partner in dermatological, nail, mucosal, respiratory, and transdermal drug delivery. MedPharm has a strong track record of supporting product development and pioneering performance testing models to reduce development risks for its clients.
Job Summary:
This position contributes to the Company's success managing all transactions related to vendor payments, including but not limited to: vendor invoice processing, confirming three way match is complete, reconciliation of discrepancies, AP inquiries and ensuring payments are completed timely and statements are addressed. Attention to detail is mandatory.
Essential Duties and Responsibilities
- Match purchase orders to invoices ensuring three way match is complete
- Charge expenses to accounts and cost centers by analyzing invoice/expense reports and recording entries
- Reconcile company credit card statements, coding expenses properly
- Process payments to vendors
- Receive, verify and process expense reimbursements to employees
- Maintain accounting ledgers by verifying and posting account transactions
- Verify vendor accounts by reconciling monthly statements; maintain vendor database
- Provide accurate and effective document preparation and records management relative to the A/P function in accordance with records retention policies and procedures
- Preparation of annual 1099s
- Any other duties, such as filing, or special projects as assigned by the Accounting Manager or VP.
- A.S. or B.S. in Accounting
- 1-3 years of Accounts Payable experience, in the pharmaceutical industry preferred
- Knowledge of general accounting principles, general mathematics skills, regulatory standards and compliance requirements
- High degree of accuracy, attention to detail and confidentiality
- Accurate data entry with high speed and efficiency.
- Excellent analytical, problem-solving and decision-making skills
- Effective verbal, time-management, listening and written communication skills
- Operate with a sense of urgency and ability to meet deadlines
- Ability to work independently and as a team member
TECHNICAL SKILLS
- Highly skilled in Microsoft Office (Word, Excel, PowerPoint), email and voicemail
- NetSuite experience preferred
- Strong General Ledger Knowledge
- Multi-site with multi-currency knowledge preferred
COMMUNICATION SKILLS
- Excellent communication skills.
- Ability to listen and respond well to customers, partners and colleagues at all levels of the organization
- Solution driven individual that can understand root cause of issues, recommend solutions, and drive the solution to improve process accuracy.
- Ability to be agile and pivot to address critical issues, when presented.
- Ability to interact with staff from multiple departments.
INTERPERSONNAL AND BEHAVIORAL SKILLS
- Self-starter and self-finisher with high energy level and positive attitude.
- Highly goal and result oriented
- Prioritizes tasks according to business objectives and can pursue several objectives simultaneously
- Ability to organize and work concurrently on several projects, assessing what may differ from project to project.
- Can work independently with a high degree of self-motivation
- Knows how to obtain support from different collaborators
- Tackles problems with enthusiasm and curiosity
- Treats colleagues at all levels with respect
- Can work independently with a high degree of self-motivation, with the ability to understand and carry out day to day responsibilities. Proactively seeks out guidance when needed.
- Ability to work under strict deadlines and balance multiple workload demands.
- Strong attention to detail, accuracy, flexibility, organizational and interpersonal skills, team-oriented and analytical skills.
Why Join MedPharm?
Our breadth of competencies has us partnering with clients from formula inception, clinical trials, regulatory filing and into commercial production. We are engaged in all stages of the pharmaceutical commercialization process, and you will work with some of the best clients in our industry’s CDMO space.
Diversity and Inclusion:
MedPharm is an Equal Opportunity / Affirmative Action employer and will consider all qualified applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
