[ref. e71839122] Accounts Payable Specialist I/II

apartmentAshvattha Therapeutics, Inc. placeRedwood City scheduleFull-time calendar_month 
Ashvattha Therapeutics, a clinical stage biopharmaceutical company located in Redwood City, is seeking a Laboratory Operations Manager. Ashvattha Therapeutics is focused on developing novel nanomedicines, HD therapeutics (HDTs), to treat unmet medical needs in ophthalmology, neurology, inflammatory diseases, and neuro-oncology.

Our HD platform builds therapeutics that are selectively taken up only by inflamed tissues, allowing us to treat diseases with unprecedented precision.

We are seeking a highly organized and detail-oriented AP Specialist to join our dynamic finance team. You will play a key role in managing financial processes including accounts payable, purchasing, and general accounting. This is an exciting opportunity for someone who wants the opportunity to gain new skills, expand their knowledge of accounting practices and grow with the company.

Duties and Responsibilities - Essential Functions

Accounts Payable and Purchasing:

  • Process, record, and reconcile vendor invoices in a timely and accurate manner, ensuring compliance with company policies.
  • Collaborate with vendors to resolve discrepancies and maintain accurate accounts payable records.
  • Prepare and process payments (e.g., checks, ACH transfers, credit card transactions) according to company procedures.
  • Maintain purchase order and contract records for accounting and auditing purposes. • Monitor purchasing activities to ensure compliance with internal controls and company policies.

General Accounting:

  • Support month-end and year-end closing processes, including journal entries, accruals, and account reconciliations to ensure timely and accurate financial reporting.
  • Assist in preparing financial reports (monthly, quarterly, and annual), and support budget preparation and forecasting activities.
  • Assist with payroll processing administration, ensuring accuracy in reporting and compliance with company policies. • Safeguard confidentiality of financial data and sensitive information.
Job Requirements
  • Bachelor’s degree in accounting, finance, or related field
  • A minimum of 3 years of AP experience
  • Knowledge of purchasing and general accounting functions, with experience in month-end and year-end closing processes a plus
  • Proficiency with ERP systems (e.g., Sage, NetSuite, SAP, or Oracle) and financial management software (e.g., Bill.com).
  • Exceptional attention to detail with the ability to spot discrepancies and ensure financial accuracy.
  • Strong organizational and time-management skills, with the ability to juggle multiple tasks and meet deadlines.
  • Strong written and verbal communication skills, with the ability to collaborate effectively with internal teams and external vendors.
  • Proven experience successfully taking on new tasks, driven to learn and an interest in career progression beyond accounts payable
  • Proficient in Microsoft Office Suite, with advanced Excel skills (e.g., pivot tables, VLOOKUP)
  • Full-time position with a hybrid work arrangement: On-site 3 days per week at our Redwood City, CA office, with the option to work remotely on other days.
  • Occasional extended work hours may be required during quarter-end and year-end closing periods.

What We Can Offer You

This is a unique opportunity to join a team focused on the development of a new class of precision medicines that selectively treat diseased cells in regions of inflammation. By making precision medicine even more precise, our nanomedicine technology has the potential to change the standard of care across ophthalmology, neurology, inflammatory diseases and neuro-oncology.

You will have the opportunity to learn new skills and gain a better understanding of the cutting-edge technology.

We have a comprehensive total compensation package including fully paid medical, dental and vision benefits for you and your family. We want all of our employees to have the opportunity to become shareholders and offer new hire stock options.

The Company also offers participation in the annual bonus program. The salary range for this position is $70,000 - $85,000 annually. We consider various factors when determining the base compensation, including market survey data, experience, qualifications, and geographic location, which means that the actual compensation may vary.

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