Accounts Payable Specialist

About the role

Bracco Diagnostics Inc. is a subsidiary of Bracco Imaging which is part of the overall Bracco Group. The Company specializes in the clinical development, marketing and sales of diagnostic contrast imaging agents. Bracco Diagnostics Inc. primarily markets its products to hospitals throughout the United States. Bracco Diagnostics Inc. is committed to the discovery, development, manufacturing and marketing of imaging agents and solutions aimed at providing a better use and management in terms of diagnostic efficacy, patient safety and cost effectiveness.

The Accounts Payable Specialist is responsible for accurate and timely execution of the end-to-end accounts payable process. This role processes vendor invoices, creates and maintains vendor master data, prepares and executes payment cycles, and prepares month-end closing reports using SAP S/4HANA. As an AP Specialist in the North America Finance Shared Service Organization, you will be a part of a collaborative, high-performing team, partner with internal stakeholders and vendors to resolve issues, maintain strong internal controls, and support reliable financial reporting.

Essential Duties and Responsibilities

• Process a high-volume of accounts payable transactions, including PO and non-PO invoices, accurately and on time by performing validation, reconciliation, exception handling, and discrepancy resolution.
• Review invoices for appropriate approvals, coding, tax treatment, supporting documentation, and compliance with company policies.
• Proactively respond to vendor inquiries regarding invoice status, payment status, and account discrepancies.
• Prepare payment proposals and review exceptions. Execute scheduled supplier payment runs accurately and in accordance with company policies and approval requirements.
• Support month-end close activities including AP accruals, reconciliations and reporting.
• Analyze accounts payable activity through review of aging reports and vendor statement reconciliations.
• Create and maintain vendor master data in SAP in accordance with established policies and internal controls.
• Validate supplier information, including legal name, address, banking information, tax documentation, and payment terms.
• Perform appropriate due diligence and verification procedures for new vendor records and changes to existing supplier master data.
• Maintain appropriate segregation of duties and approval controls over vendor creation and changes.
• Identify and escalate potential duplicate or fraudulent vendor records.
• Identify, escalate, and resolve AP issues to reduce processing delays and business disruption.

Qualifications

• Associate degree in Accounting, Finance, Business Administration, or a related field preferred. A high school diploma or equivalent with relevant accounts payable experience may be considered in lieu of a degree.
• 3-5 years of accounts payable or related accounting operations experience preferred, including experience in a high-volume or shared-services environment.
• Proficiency with a large enterprise resource planning system required; SAP experience strongly preferred, with SAP S/4HANA experience a plus.
• Intermediate Microsoft Excel skills, including sorting, filtering, lookup and reconciliation formulas, and analysis of transaction-level data.
• Participate in testing, documentation, and implementation of AP process improvements, system enhancements, and automation initiatives.
• Strong understanding of accounts payable processes, including invoice processing, payment procedures, and 3-way matching of purchase orders, receipts, and invoices.
• Strong organizational skills and a high degree of accuracy when processing financial transactions and maintaining records.
• Ability to reconcile vendor accounts and resolve invoice and payment discrepancies accurately and timely.
• Strong organizational and time-management skills, with a high level of accuracy, attention to detail, and the ability to manage multiple priorities and deadlines.
• Ability to support process improvements, internal controls, and streamlined procedures.
• Professional, customer-focused written and verbal communication and collaboration skills.

Work Environment

• This role is remote and aligned to the Princeton office.
• Initial onboarding requires 1-2 days per week onsite for training.
• Additional onsite presence may be required based on manager direction, team needs, or business requirements.