Senior Accountant, Accounts Payable/ Payroll

Lantheus is an entrepreneurial, agile, growing organization that provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions that empower clinicians to find, fight and follow disease. At Lantheus our purpose and values guide our behaviors in all interactions and play a vital role in creating a dynamic environment that contributes to our success. Every employee is crucial to our success; we respect one another and act as one knowing that someone’s health is in our hands.  We believe in helping people be their best and are seeking to bring together a diverse group of individuals with different viewpoints and skill sets to be a part of a productive and inclusive team. 

Summary of role

Lantheus is looking for an enthusiastic self-starter who wants to join a high growth life science company experience, whose will join the Shared Services team to help optimize our Accounts Payable and Payroll processes.  This individual will primarily assist in accounts payable processing, payments, manage vendor relationships and support internal colleagues in the P2P process. This driven professional will also provide oversight of our third-party payroll processor and take ownership of compensation-related accounting entries and reconciliations. This role reports into the Director of Shared Services within Corporate Finance and Accounting team.

This position is site-centric, with an expectation of working out of the Company’s Bedford, Massachusetts executive offices three days per week and as otherwise necessary.

Key Responsibilities/Essential Functions:

Accounts Payable

• Participate as a key member of the accounts payable team to ensure prompt and accurate processing and payment of company expenditures using SAP S/4 HANA and SAP Vendor Invoice Management (VIM).
• Responsible for the preparation of the vendor payment proposals and subsequent payment issuance.
• Ensure accurate and timely service to vendors, and foster relationships with internal customers to address and resolve processing issues efficiently.
• Complete monthly and quarterly account reconciliations and other month end activities, including but not limited to reconciliation of trade payables and other accrued AP.
• Work with the Director of Shared Services to compile a KPI reporting package to assist in identifying areas for process improvement. Support the FP&A function to identify variances to forecast inputs.
• Actively participate in finance team close cycle and assist on process improvements or other projects as requested.
• Enforce internal controls that comply with the corporate policies and procedures, and ensure controls are in place to fully support internal and external audits. Assist in auditor walkthroughs and provide support as needed.

Payroll

• Effectively manage and own the relationship with the Third-Party provider to ensure timely and accurate processing and delivery of the worldwide payrolls using UKG UltiPro.
• Serve as a liaison with HR Operations team and Third-Party Provider to address payroll related issues in a timely manner.
• Responsible for preparing all journal entries and account reconciliation related to compensation matters with adherence to SOX controls, including but not limited to payroll expense, PTO, severance, bonus, relocation, equity vestings, payroll taxes and others. Identify process efficiencies and ensure UKG coding aligns with financial reporting mapping, in partnership with FP&A Finance Manager
• Audits the time submission and coordinate with managers to ensure accurate reporting. Manage the data exchange between the time reporting and payroll modules.
• Support ongoing internal and external company audits, such as financial statement, 401(k), workers compensation, etc.
• Partner with Associate Director of Equity Administration and ensure activities (restricted stock vesting, stock option exercises and ESPP withholdings) are accurately processed through the payroll system and GL.
• Collaborate with Human Resources team to implement new employee benefits programs and ensure compliance with accounting, governmental and state tax regulations. Partner with HR team on continuous improvement projects and identify opportunities for automation and efficiencies.
• Review payrolls prepared by Third Party provider as needed
• Manage the year-end tax reporting needs and other year-end related payroll functions. Meet all government reporting requirements for payroll taxes, withholding and employer contributions; Includes preparation of W-2’s, T-4’s, RL-1’s, T-2200’s, 1099’s and other payroll reporting requirements.
• Actively participate in any system implementations (i.e., ERP, BI, EPM, etc..) as it relates to payroll processing or data. Maintain current st