Accounts Payable Supervisor

Job Description

Job Description

At Vericel Corporation, we are pioneers in advanced cell therapies for sports medicine and severe burn care, transforming patient lives through cutting-edge regenerative medicine. Our commitment to innovation, patient-centered focus, and scientific excellence drives us to develop groundbreaking treatments including MACI (knee cartilage repair), Epicel and Nexobrid (burn care).

Position Summary

The Accounts Payable Supervisor plays a key role within the Accounting team, ensuring Vericel delivers accurate, timely financial information while maintaining strong financial controls and compliance with company policies and accounting standards.

Reporting to the Accounting Manager, this hands-on supervisory role is responsible for overseeing and actively participating in the entire procure-to-pay cycle, from invoice receipt through payment disbursement. The Accounts Payable Supervisor leads day-to-day AP operations, manages competing priorities, supports transaction processing as needed, and serves as a resource for issue resolution and escalations. This role partners cross-functionally across the organization to drive process improvements, enhance operational efficiency, and ensure a high level of service to internal and external stakeholders.

Schedule : This position is in-office from Monday – Thursday in our new Burlington, MA location, with flexibility to work remotely on Fridays.

Key Responsibilities

• Invoice Processing: Lead and actively support the accurate and timely processing of vendor invoices, ensuring proper coding, authorization, compliance with company policies, and 1099 reporting requirements. Assist with invoice entry, reconciliation of vendor statements, and resolution of discrepancies to ensure timely and accurate posting.
• Vendor Payment Processing: Oversee and participate in vendor payment processing activities, ensuring timely and accurate payments, monitoring critical vendors, and validating payment data.
• Staff Supervision & Development: Lead, mentor, coach, and develop AP team members while providing day-to-day operational support, workload management, and performance feedback.
• Reporting and Analysis: Generate accurate and timely AP reports for management, providing insights into AP aging, vendor spend, and key performance indicators (KPIs). Analyze data to identify trends and areas for improvement.
• Month-End Close: Own and perform month-end close activities related to accounts payable, prepaids, cash, credit card expenses, and other general ledger areas as assigned.
• Process Improvement & Optimization: Identify, recommend, and implement process improvements and automation opportunities while maintaining involvement in day-to-day operations to ensure practical and sustainable solutions.
• Audit Support: Provide necessary documentation and support for internal and external audits.
• Participate as a team member on special projects and perform ad hoc analysis.

Qualifications

• Bachelor's degree in Accounting or Business
• Minimum 4 years of high-volume accounts payable experience, including at least 2 years in a supervisory role
• Strong understanding of month-end close, accounting principles and accounts payable best practices
• Exceptional organizational and time management skills with the ability to prioritize and manage multiple tasks
• Excellent written and verbal communication skills
• Experience working with large data sets, researching, and reconciling accounting data and presenting findings with suggestions for continuous improvement.
• Experience with Microsoft Dynamics 365 software strongly preferred
• Intermediate Microsoft Excel skills

Why Vericel?

• Cutting-Edge Science: Work with a leading regenerative medicine product that is transforming patient care.
• Career Growth: Be a part of a growing organization with opportunities to expand your impact.
• Collaborative Culture: Work alongside a team of dedicated professionals who are passionate about improving lives.

The salary range Vericel reasonably and in good faith expects to pay for this position at the time of this posting is $80,000 to $90,000 annually.

The actual salary offered will be determined based on factors such as the candidate’s qualifications, experience, and skills. Bonus, incentive pay, equity and benefits may be provided in addition to the base compensation listed above.

In accordance with Massachusetts law, Vericel provides the pay range that it reasonably and in good faith expects to pay for a particular and specific employment position at the time of posting or offer. This range is subject to change based on business needs, market conditions, and individual qualifications. Employees and applicants may request the pay range for their position or for a position to which they are applying. Retaliation for making such a request is strictly prohibited.

EEO Statement

All applicants will receive consideration for employment without regard to their race, color, religion, sex, national origin, sexual orientation, gender identity, or protected veteran status and will receive consideration for employment and will not be discriminated against on the basis of disability. Vericel Corporation is an Equal Opportunity/Affirmative Action Employer.

Vericel Corporation is VEVRAA federal contractor and desires priority referrals of protected veterans for job openings at all locations within the state.