Accounts Payable Specialist
Company Overview
Rhythm is a global, commercial-stage biopharmaceutical company committed to transforming the lives of patients and their families living with rare neuroendocrine diseases. We develop medicines for previously untreatable or undertreated diseases and provide meaningful support for healthcare providers and patients and their families. We recognize the courage it takes for patients and their caregivers to begin their journey of advocacy to find the answers they need. Their courage inspires us to challenge convention, ask bold questions and seek answers for them. Every day, we strive for excellence through our willingness to adapt, learn, and our tenacity to overcome barriers, together.
Rhythm Pharmaceuticals, Inc. is seeking a Global Accounts Payable Specialist to join the Finance & Accounting Team. This position is responsible for working collaboratively with the Finance team and business owners on performing the daily accounts payable activities in a SOX compliant environment. This position requires the ability to multitask in a professional environment while working with people at all levels across the entire organization. A successful candidate will be the point of contact for accounts payable, ensuring purchase order and invoice issues are resolved efficiently. They will provide these services in an effective and efficient manner, ensure that the company’s finances are accurate, and that vendors and suppliers are paid within established guidelines. This position will require some time in our Boston office and may require flexible hours to support international entities. Responsibilities and Duties
- Assist with daily invoice processing of US and foreign entities through the accounting system, ensuring invoice entry and business manager invoice approvals are completed in a timely manner
- Proper recording of value added tax (VAT) and sales tax within ERP
- Periodically assist with weekly payment runs (checks, ACH, & wires)
- Create, update, and manage the vendor master record in accordance with SOX
- Assist in completing monthly and quarter-end close tasks as well as audit requests
- Provide excellent service to our internal and external vendors by ensuring that research and resolution of AP inquiries are responded to timely
- Provide guidance to the business owners in efforts around purchase order problem solving and troubleshooting
- Assist in quarterly training of Rhythm business owners on the procure to pay (PTP) policies and procedures including proper use of ERP
- Assist with ad hoc special projects designed to implement and improve processes and perform other duties as needed
- Minimum of two years prior experience in an Accounts Payable position, preferably in pharmaceuticals
- Associate’s degree and/or combined education and experience
- Experience with global payables strongly desired
- Understanding of VAT, sales tax, and 1099 reporting
- Experience using an accounting ERP system, Microsoft D365 or similar preferred
- Experience working in a SOX compliant environment preferred
- Prioritization and organizational skills and the ability to meet deadlines with a strong attention to detail
- Excellent verbal and written communication skills with comfortability presenting/training and ability to work across all levels of the organization
- Proficiency in Microsoft Office products
We are a dynamic and growing global team spanning more than a dozen countries. At Rhythm we are dedicated to transforming the lives of patients living with rare neuroendocrine diseases by rapidly advancing care and precision medicines that address the root cause. Our team is passionate about expanding access to reach more patients and developing novel therapies for other rare neuroendocrine diseases, including congenital hyperinsulinism. At Rhythm our core values are:
- We are committed to advancing scientific understanding to improve patients’ lives
- We are inspired to tackle tough challenges and have the courage to ask bold questions
- We are eager to learn and adapt
- We believe collaboration and ownership are foundational for our success
- We value the unique contribution each individual brings to furthering our mission
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