Senior Accounts Payable Specialist

Description

Transnetyx is seeking a full-time Senior Accounts Payable Specialist to join our team in Memphis, Tennessee.  You are responsible for the full-cycle accounts payable function within the organization. Your primary role will be to ensure that all vendor invoices and expenses are recorded accurately and in a timely manner. You will work closely with the finance team, vendors, and internal departments to streamline processes, maintain accurate records, and ensure compliance with company policies and procedures. The role of an Accounts Payable Specialist is critical in ensuring the smooth operation of financial transactions within an organization and is vital to the overall financial health and success of the company. Models the YX Ten+ core values, mission, and vision of Transnetyx.

If you haven’t already, we invite you to visit our Careers website to learn more about our Mission and Vision, our Award-Winning Culture, and why our employees have ranked us a Top Workplace six years in a row. We are honored to be recognized as a Top Workplace in the U.S. two years in a row featured in USA Today.

www.transnetyx.com/careers

The Role

WHAT YOU WILL BE DOING DAY TO DAY 

• Invoice Processing: Manages the PO initiation, receiving, review, coding, approval and invoice matching process.
• Vendor Management: Establishes and maintains relationships with vendors, resolves any discrepancies or issues and understand/negotiate payment terms and discounts. Prepares 1099s.
• Payment Processing: Oversees the preparation and distribution of payments, including checks, wires, and ACH payments. Ensures accuracy and compliance with payment terms.
• Expense Reporting: Reviews employee OOP expense and company credit card transactions, ensuring compliance with company policies and proper documentation.
• Month-end Closing: Assists in month-end closing activities, including reconciling accounts payable transactions, preparing accruals, and generating reports for management.
• Process Improvement: Continuously evaluates and improves accounts payable processes to increase efficiency, accuracy, and effectiveness. Implements best practices and automation where applicable.
• Compliance: Ensures compliance with company policies, accounting standards, and regulatory requirements related to accounts payable functions.
• Reporting: Prepares and analyzes accounts payable reports and metrics, providing insights to management on vendor spending, payment trends, and other relevant data.
• Audit Support: Coordinates and supports external audits related to accounts payable, providing documentation and assistance as needed.
• Tax Support: Assists with sales and property tax filings.

• Performs other duties as assigned.

Transnetyx is rated by its employees as a Top Workplace six years in a row in Memphis, Tennessee, where our headquarters is located along with National Recognition as a USA Top Workplace for three consecutive years (2022-2024). We give credit to our strong culture and a team made up of unique individuals who are focused on living our YX 10 Values and serving our company’s mission, serving the research community.

Qualifications

WHAT YOU WILL BRING

EDUCATION:

• Bachelor's degree in Accounting, Finance, or related field.

EXPERIENCE:

• Proven experience (minimum 3 years) in an accounts payable or accounting role.

Additional Skills/ Competencies:

• Must have a strong understanding of accounting principles and practices, with proficiency in financial software and ERP systems.
• Must exhibit excellent attention to detail, organizational skills, and ability to multitask in a fast-paced environment.
• Must possess strong analytical and problem-solving skills, with the ability to identify process improvements and implement solutions.
• Must have excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external partners.
• Must have knowledge of relevant regulations and compliance requirements (e.g., GAAP, SOX) pertaining to accounts payable processes.

Physical Demands:

This position may experience prolonged periods of sitting at a desk and work on a computer. Other physical demands may include but are not limited to walking, standing, stooping, reaching. And may lift up to 15lbs at times.

Why You'll Love Us:

Our company’s mission is to provide the most efficient path to discovery for researchers across the globe. Transnetyx has the technology and processes to provide faster, easier, and more accurate results worldwide to biomedical researchers. By optimizing resources, Transnetyx has paved the way for research to advance and deeper understandings to emerge.  

Transnetyx has genotyped more than 30 million samples in 24 or 72 hours with 99.97% accuracy, and introduced a full suite of complementary services, including Genetic Monitoring, Microbiome Analysis, Transnetyx Tissue, and the Colony + AMI software.  Everything we do and where we focus our energy and talent adds to the amazing work already being done to serve the scientific community.

We are proud of our unique culture of high-performers who LOVE what we do and can be bold in holding ourselves and one another respectfully accountable for the kind of workplace where we can all thrive! 

We offer an extensive array of benefits designed to support your health, well-being, and professional growth. Here’s what you can expect:

• Health Insurance
• Life Insurance
• Dental Insurance
• Vision Insurance
• 401(k) and matching
• Health Savings Accounts (HSAs)
• Medical Flexible Spending Account
• Dependent Care Flexible Spending Account
• Tuition Reimbursement
• Health & Wellness Programs
• Vacation Leave
• Sick Leave
• Holiday Pay
• Paid Time Off
• Paid Parental Leave
• Long-Term Disability
• Short-Term Disability
• Reimbursements

About Transnetyx

Visit our Careers website to learn more about our benefits and perks, our commitment to Diversity, Equity, Inclusion and Belonging, and why our employees choose Transnetyx.

www.transnetyx.com/careers

DEI Statement:
We are committed to building and developing diverse teams so that we can better understand and serve the multifaceted cultures and identities of our customers.

At Transnetyx, our DEIB efforts focus on uplifting the experiences and perspectives of underrepresented groups and doing the work that draws out the best in all of us.

EOE Statement:
Transnetyx is an equal opportunity employer/affirmative action employer. Qualified applicants will receive consideration for employment without regard to race, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status. Applicants needing accommodations during any step of the interview process may contact Human Resources.

U.S. Candidates: *Reasonable Accommodations will be made in accordance with the American with Disabilities Act.

Founded in 2000, Transnetyx is dedicated to helping scientists accelerate research with fast, easy, and accurate real-time PCR genotyping. We are the trusted automated genotyping resource for thousands of researchers in universities, hospitals, and bioscience companies around the world.

We offer more than an amazing career but a safe workplace where every employee has a voice. We emphasize our positive culture by challenging employees to live by our core values - the YX Ten. We also offer an array of benefits including a comprehensive benefits package for full-time employees, along with notable offerings to our part-time employees, generous paid time off, wellness benefits and initiatives, health reimbursements, and medical coverage starting the day of your employment with no waiting period.  For a more comprehensive list, please visit our careers website at www.transnetyx.com/careers.

Transnetyx is an equal opportunity employer/affirmative action employer. Qualified applicants will receive consideration for employment without regard to race, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status. Applicants needing accommodations during any step of the interview process may contact Human Resources by phone at 901.507.0476 or by email at HR@transnetyx.com.

When you apply for employment with Transnetyx, we will process your application data, background, including your employment and education history, assessments, and references as necessary to consider your job application for open positions. For more information about our privacy practices please visit our Privacy Policy. California residents have additional rights.

Transnetyx participates in the E-Verify program in locations as required by law.

This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.