Accounts Payable Specialist

Transmedics Inc
Andover, MA Full Time
POSTED ON 10/16/2023 CLOSED ON 12/20/2023

What are the responsibilities and job description for the Accounts Payable Specialist position at Transmedics Inc?

If you’re looking for a career with a company where you can make a difference, earn a competitive salary, and have ample professional growth opportunities, this is it.

TransMedics is a publicly traded, medical technology company revolutionizing what’s possible in organ transplant through innovation, collaboration, and commitment. We’re growing and transforming the transplantation industry through our Organ Care System (OCS™) technology platform & National OCS Program, preserving organs used in heart, lung, and liver patient transplants for safe transport nationwide.

With OCS Hubs in 16 states, we’re continuously striving to help make available more lifesaving organs for more patients by expanding our national reach across the United States. Currently we’re looking for talented, passionate people to help shape the future of our company and fulfill this critical mission in service of potential transplant recipients everywhere. We have an opening for an Accounts Payable Specialist to support our corporate headquarters in the Andover, MA area.

WE OFFER:
Competitive base salary
Medical, Dental, Vision Insurance
401K Plan with match
Employee Stock Purchase Plan (ESPP)
Flexible spending accounts
Life Insurance
Short- & long-term disability insurance
Pet Insurance
Paid vacation & holidays
Refer a friend and earn extra cash
Free Fitness Center (Andover, MA location)

RESPONSIBILITIES:

  • Accounting Records and Transaction Processing
  • Accounting from initiation to reporting and validation for purchase transactions including, but not limited to, operating expenses, capital expenditure, and prepayments.
  • Completely and accurately record supplier invoices for inventory purchases, services, employee expenses etc.
  • Completely and accurately record credit notes in supplier accounts for returns and adjustments
  • Collaborate with procurement and manufacturing teams to understand vendor payment terms and strategy
  • Completely and accurately record credit cards transactions for employee expenses, subscriptions, travel, services, office supplies etc.
  • Prepare payments for suppliers and employees periodically, monitor discount opportunities, verify federal id numbers, schedule, and prepare checks, and resolve purchase order, contract, invoice, or payment discrepancies and documentation
  • Charge expenses to General Ledger accounts and cost centers after analyzing invoices, pro-formas, quotes, expense reports etc.
  • Perform accounting for advance payments, follow-up changes in status or resolution and perform subsequent accounting of such advance payments
  • Financial Close and Reporting
  • Monthly, quarterly and annual close processes through - perform cut-off procedures, record close entries, prepare reconciliations and analysis to support balances
  • Reconcile processed work by verifying entries and comparing system reports to balances
  • Prepare monthly reconciliations and schedules to support relevant balance sheet accounts

REQUIREMENTS:

  • 2 years of experience performing accounting and transaction processing
  • BS in Accounting, Finance or Business or equivalent combination of education and experience
  • Strong attention to detail with a track record of accuracy
  • Knowledge and understanding of transaction processing in an ERP-based accounting environment
  • Experience with manufacturing, medical devices, hi-tech would be a plus

At TransMedics, we care about people—and that includes our employees. We know our employees are key to our success and the success of our patients. We offer an engaging, supportive work environment, great benefits, and the opportunity to shape both our future and the future of transplant medicine.

TransMedics provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.Accounts Payable Specialist

Transmedics Inc is seeking an Accounts Payable Specialist to join our team in Andover, MA. This position will be responsible for processing accounts payable invoices, reconciling vendor accounts, and ensuring timely payments.

Essential Duties:

  • Processes invoices and invoice reconciliation requests in accordance with company policy and procedures.
  • Reviews vendor statements to ensure accuracy and consistency.
  • Reconciles vendor statements as needed.
  • Prepares monthly financial statements for the month.
  • Prepares monthly credit card reconciliations and other related reports as requested.
  • Prepares and submits monthly credit card statements to vendors.
  • Prepares and submits monthly sales tax returns for Andover, MA.
  • Prepares and submits payroll tax returns for Andover, MA.
  • Ensures timely payments of vendors’ bills.
  • Assists with other duties as assigned by management.

Experience: Required: 1 year of accounts payable experience required (preferred). Experience with Paychex, QuickBooks Online, or similar accounting software is a plus. Experience with general ledger functions is a plus but not required. Experience with general ledger functions including month-end close procedures is a plus but not required. Experience with general ledger functions including month-end close procedures is a plus but not required. Experience with general ledger functions including month-end close procedures is a plus but not required. Experience with general ledger functions including month-end close procedures is a plus but not required.

Job Type: Full-time

Pay: $23.06 - $28.77 per hour

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid sick time
  • Paid time off
  • Parental leave
  • Vision insurance

Application Question(s):

  • Do you now or will you in the future need sponsorship?

Work Location: In person

Salary : $23 - $29

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