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Madrigal Pharmaceuticals

Accounts Payable Specialist

Madrigal Pharmaceuticals, Waltham, Massachusetts, United States, 02254

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Accounts Payable Specialist

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Madrigal Pharmaceuticals

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Madrigal is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH) – a serious liver disease that can progress to cirrhosis, liver failure, need for transplantation and premature mortality. Every member of our team is connected by our shared purpose: leading the fight against MASH.

Madrigal’s medication, Rezdiffra (resmetirom), is a once-daily oral liver-directed THR-β agonist designed to target key underlying causes of MASH. Rezdiffra is the first and only medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3). An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c).

Our success is driven by our people. We are building a dynamic, inclusive, and high-performing culture that values scientific excellence, operational rigor, and collaboration. To support our continued growth, we are strengthening our workforce strategy to ensure we have the right talent, at the right time, in the right way.

Job Description Job Title: Accounts Payable Specialist

Location: Hybrid from Waltham, MA

The Accounts Payable Specialist (AP Specialist) is expected to be detail oriented and have good communication, problem solving, and customer service skills. The successful candidate will be confident, professional, and meticulous. Top candidates will have the ability to work on their own initiative, as part of a team and be able to maintain positive working relationships. Reporting to the Accounts Payable Manager, the AP Specialist ensures that all vendor bills are booked and allocated correctly with sufficient evidence in compliance with GAAP, and according to company policies and Sarbanes–Oxley (SOX) controls.

Key Responsibilities

Manage full cycle accounts payable activities in a moderate-volume environment (entering, processing, and paying invoices)

Review invoices for accuracy and process invoices in Coupa to obtain appropriate approvals

Create payment batches within Coupa so they can be approved and released by Finance

Monitor interface between Coupa and NetSuite for tracking and payment

Ensure invoices are accurately coded and work with business partners to resolve any discrepancies

Respond to internal and vendor invoice/payment inquiries and resolve any discrepancies in a timely manner

Reconcile vendor statements, which includes researching and correcting discrepancies where applicable

Assist with preparation of annual 1099 reports

Review supplier set up in Coupa performing verifications over banking information

Assist with month end close process related to vendor accruals and other schedules

Collaborate with external/internal auditors to provide audit documentation

All activities of this position will be performed in conformance with our established policies as well as US GAAP, SOX, and any other applicable regulatory requirements

Other ad-hoc projects as needed

Assist with ongoing process improvements and initiatives

Requirements

Bachelor’s degree in Accounting or related field preferred; High School Diploma required

1-3+ years of relevant work experience preferred

Experience with Coupa preferred

Experience with NetSuite a plus

Pharmaceutical/biopharmaceutical industry a plus

Proficient with Microsoft Office (Outlook, Excel & Word)

Strong communication skills (written and verbal)

Ability to work independently and collaborate cross functionally within finance and other departments at all levels of management

Benefits All full-time employees receive equity, which we believe reinforces our ownership culture. Base salary is determined by several factors including the candidate’s qualifications, skills, education, experience, business needs and market demands. The base salary range for this position is $67,000 to $81,000 per year. Full-time employees are also eligible for comprehensive benefits, including flexible paid time off, medical, dental, vision and life/disability insurance, and 401(k) offerings (i.e., traditional, Roth, and employer match) in accordance with applicable plans. We also offer additional voluntary benefits like supplemental life insurance, legal services, and other offerings. In addition, we offer mental health benefits through our Employee Assistance Program for employees and their family.

We are committed to providing reasonable accommodations for individuals with disabilities throughout the hiring process. If you need assistance, please contact HR@madrigalpharma.com.

Madrigal is an Equal Opportunity Employer. All employment is decided on the basis of qualifications, merit, and business need. Applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex gender identity, sexual orientation, national origin, age, disability, protected veteran or disabled status, or other characteristic protected by applicable federal, state, or local law.

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