Full-Time

Accounts Payable Specialist

Posted on 8/29/2024

Altos Labs

Altos Labs

501-1,000 employees

Biotechnology focused on cell rejuvenation research

Biotechnology
Healthcare

Compensation Overview

$38.5 - $54.38Hourly

Senior, Expert

Oakland, CA, USA

Seeking local San Francisco Bay Area candidates only.

Category
Bookkeeping
Auditing
Cost Accounting
Financial Accounting
Accounting
Required Skills
NetSuite
Customer Service
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Minimum of 5 years’ experience in accounts payable involving domestic and international transactions and in a 2 and 3 way match environment.
  • Proficiency in NetSuite.
  • Proficient in Microsoft Excel and Adobe.
  • Full understanding of the Procure to Pay cycle.
  • Strong analytical skills with a keen eye for detail and accuracy.
  • Customer service attitude with excellent written and verbal interpersonal skills, including the ability to interact effectively with management, peers, cross functional teams and business partners that are onsite and in different locales.
Responsibilities
  • Process both 3-way and 2-way match invoices in an OCR (Optical Character Recognition) environment within NetSuite in a timely manner to ensure payments are processed according to established payment terms. Verify coding such as GL and cost center level when processing invoices.
  • Review vendor statements/invoices/inquiries received in AP inbox to ensure accounts are kept current and credits have been processed.
  • Process and verify domestic and international invoices using NetSuite, ensuring accuracy and compliance with company policies.
  • Reconcile accounts payable transactions, resolve discrepancies promptly, investigate and resolve problems associated with processing of invoices and purchase orders.
  • Maintain and manage vendor records, resolve payment issues, and build strong relationships with both domestic and international suppliers.
  • Auditing & Policy compliance, Review of Expense coding, Reimbursement processing, Report generation, and Data Analysis.
  • Utilize Point Purchasing to streamline the purchase order process, reducing errors, and improving efficiency.
  • Assist in month end closing activities and special projects as required.
  • Adhere to 1099 rules and Sales & Use Tax application on invoices.
  • Ensure all financial transactions comply with company policies, procedures, and regulatory requirements, including international financial regulations.
  • Identify opportunities for process improvements within the accounts payable function.
  • Work closely with other departments, including receiving, procurement and FP&A, to ensure accurate and timely processing of financial transactions.
  • Manage Concur Expense activities and corporate credit card administration activities.
  • Other special projects as required.

Altos Labs specializes in biotechnology with a focus on cell rejuvenation, aiming to restore cell health and resilience to reverse diseases and injuries. Their approach involves cellular rejuvenation programming, which enhances cells' ability to resist stressors that can lead to illness. Unlike competitors, Altos Labs emphasizes research and collaboration with other institutions to develop effective treatments. The company's goal is to improve patients' quality of life through breakthrough therapies.

Company Stage

Seed

Total Funding

$3.2B

Headquarters

Los Altos, California

Founded

2021

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Significant funding of $270 million supports Altos Labs' research and development efforts.
  • The economic potential of increased life expectancy is recognized as a major opportunity.
  • Collaborations with tech industry veterans accelerate innovation and commercialization.

What critics are saying

  • Ethical concerns about lifespan extension may lead to regulatory challenges.
  • Intensifying competition in the biotechnology sector could dilute market share.
  • High expectations from financial backers may pressure the company to deliver quickly.

What makes Altos Labs unique

  • Altos Labs focuses on cellular rejuvenation to reverse diseases and improve health.
  • The company integrates computational biology and CRISPR technology for innovative solutions.
  • Altos Labs collaborates with leading scientists, including Nobel laureate Jennifer Doudna.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE