Accounts Payable Specialist
Flagship Pioneering, Inc.About the role
Montai Therapeutics, Inc., is based in Cambridge, Massachusetts and was founded in 2019 by Flagship Labs, the innovation branch of Flagship Pioneering, which is a venture capital firm that invests in biotechnology, life sciences, health and sustainability companies. The Company is a privately held company focusing on its CONECTA TM platform to identify new small molecule medicines known as AnthromoleculeTM therapeutics for chronic diseases.
Montai is seeking an individual to join its growing Finance team. This role will report to the Controller.
Responsibilities
- Enter all invoices, verifying against purchase orders and ensuring proper department, project and GL account.
- Verify vendor accounts by reconciling monthly statements and related transactions.
- Research and resolve invoice or purchase order discrepancies and issues.
- Ensure invoices are matched, approved, processed and paid in a timely manner, W-9 tax ID numbers are accurate, and internal controls are followed.
- Execute payment runs (currently Bill.com).
- Ensure credit is received for outstanding memos.
- Monitor discount opportunities.
- Issue stop-payments or coordinate purchase order amendments.
- Prepare and issue 1099 forms at year end.
- Prepare and file sales and use tax reporting.
- Pay employees by receiving and verifying expense reports and requests for advances.
- Collaborate with Accounting team on general ledger reconciliations, account string maintenance, internal controls and other ad hoc activities such as audit requests.
- Develop and track metrics to measure results.
- Communicate with company personnel and vendors on a regular basis.
- Assist the Accounting team in process improvement and efficiency.
- Maintain and update vendor records, ensuring contact information and payment terms are accurate
- Other ad hoc projects as they arise.
Qualifications
- Ability to thrive in a fast growth company
- Professional in all job aspects, including verbal and written communication
- Previous AP and accounting experience
- Experience in the Life Sciences industry is a big plus
- Skilled in Microsoft Word and Excel
- Experience with Netsuite, purchasing software Prendio and Coupa, and payment platform Bill.com
- Well organized
- High degree of accuracy and attention to detail
- Ability to multi-task and prioritize
Location: Hybrid role in Cambridge, MA
Montai is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
More About Flagship Pioneering
Flagship Pioneering is a bioplatform innovation company that invents and builds platform companies, each with the potential for multiple products that transform human health or sustainability. Since its launch in 2000, Flagship has originated and fostered more than 100 scientific ventures, resulting in more than $90 billion in aggregate value. Many of the companies Flagship has founded have addressed humanity’s most urgent challenges: vaccinating billions of people against COVID-19, curing intractable diseases, improving human health, preempting illness, and feeding the world by improving the resiliency and sustainability of agriculture. Flagship has been recognized twice on FORTUNE’s “Change the World” list, an annual ranking of companies that have made a positive social and environmental impact through activities that are part of their core business strategies, and has been twice named to Fast Company’s annual list of the World’s Most Innovative Companies. Learn more about Flagship at www.flagshippioneering.com.
At Flagship, we recognize there is no perfect candidate. If you have some of the experience listed above but not all, please apply anyway. Experience comes in many forms, skills are transferable, and passion goes a long way. We are dedicated to building diverse and inclusive teams and look forward to learning more about your unique background.
Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies (collectively, “FSP”) do not accept unsolicited resumes from any source other than c
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