Sr. Associate, Accounts Payable

Description

Who We Are

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.

Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

About Corporate Groups

It takes a village, and at BioMarin, our general and admin teams are the village behind our success. From the IT experts who manage our technology to the human resources professionals who hire the people who make it all possible, these teams support our organization and span all areas of operations.

Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

Responsibilities:

AP floor ownership ; should be the first point of escalation if issue resolution is unable to be achieved by the AP analysts and AP admin.

Payment Runs

• Perform weekly payment runs and posting of manual payments
• Address payment blocks; work with respective teams to ensure blocks are beingaddressed/removed
• Manage rejected payments and drive resolution to ensure payment reissuance can be made in a timely fashion
• Manage check/refund/credit processing and clearing
• Check management: in-house checks AND system-generated checks (check stock, MICR printer management, PWI’s, etc.)
• Drive initiative for check recipients to update payment method to EFT
• Manage urgent and manual payment requests
• Manage monthly rents and utilities
• Work with Real Estate team to ensure monthly rents are paid timely and remain aligned with the BioMarin lease agreements
• Submit utility payment requests and monitor through payment to ensure no service interruptions

AP Team System Support

 

• Submit, track, and manage tickets submitted by AP, ensuring clear documentation of issues and outcomes. Escalate as needed.
• Perform root ‑ cause analysis for invoice processing, payment, and posting issues; identify whether issues are system ‑ , data ‑ , or process ‑ related
• Partner with AP, Procurement, IT, and business users to triage issues, test fixes, and validate resolutions.
• Assist in creating process documentation, job aids, and training materials related to new system functionality or changes

 

Owns Third-Party Processing (NTT) Relationship

• Lead weekly meetings (or more frequent as needed) for touch base on updates/inquiries/issue resolution 
• Review NTT daily status trackers for non-workable items; drive each to resolution ensuring they are entered thereafter
• Point of contact for NTT employee onboarding and contract extension requests
• Owns NTT exception list ensuring all non-PO expenditure suppliers, coding and approvers are current so as to remain SOX compliant

Month End Close

• Enforce AP cutoff timelines and ensure invoices are recorded in the correct accounting period
• Review open invoice population to confirm all payable items are captured in the AP subledger prior to close 
• Run AP aging after AP subledger is closed and distribute to appropriate teams

 

Auditor support requests

• First point of contact for auditor support requests; work with team members to provide requested support in a timely manner

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.