AP Processing Specialist (SAP/VIM)

Description:
Our Life Sciences client needs help with their year end finance operations. There is an immediate 3 - 4 months contract opening for an Accounts Payable processing specialist to handle direct and indirect invoices. Experience with SAP Vendor Invoice Management (VIM) is a must. Hybrid (must ber onsite 2 days per week).

Pay rate: $30-40/ hr

**Hybrid | Cambridge, MA **

We can facilitate w2 and corp-to-corp consultants. For our w2 consultants, we offer a great benefits package that includes Medical, Dental, and Vision benefits, 401k with company matching, and life insurance.

Responsibilities:
1. Invoice Management and Processing

• Receiving and Verifying Invoices: AP professionals are responsible for receiving vendor invoices, verifying their accuracy, ensuring proper authorization, and matching them against purchase orders and receiving reports (commonly known as three-way matching). This process helps prevent errors, duplicate payments, and supports precise financial records.
• Data Entry: Entering validated invoice details into the accounting system, allocating expenses to the correct accounts, and ensuring all transactions are properly recorded.

2. Payment Execution

• Scheduling and Processing Payments: Preparing and executing payments to vendors using various methods (checks, ACH transfers, wire transfers), while adhering to agreed-upon terms to avoid late fees and take advantage of early payment discounts.
• Remittance and Record Closure: Sending remittance details to vendors and closing out invoices in the system once paid.

3. Vendor Relationship Management

• Communication and Issue Resolution: Responding to vendor inquiries, resolving discrepancies, and maintaining positive relationships to ensure smooth business operations.
• Vendor Setup and Maintenance: Ensuring accurate vendor records, including banking information and tax documents, and setting up new vendors in the accounting system.

4. Expense Report Processing

• Review and Validation: Reviewing employee expense reports for accuracy and compliance with company policies, verifying receipts and supporting documentation, and processing reimbursements.

5. Account Reconciliation and Financial Oversight

• Reconciling Accounts: Comparing vendor statements with internal records, identifying and resolving discrepancies, and reconciling general ledger accounts related to payables to ensure financial accuracy.
• Month-End Close Support: Assisting with the month-end close process by reconciling outstanding payments and accruals, ensuring all financial records are up to date.

Experience Requirements:
Key Skills and Qualifications

• Experience with AP systems (must have experience with SAP VIM)
• Strong communication and consultative skills
• Attention to detail and accuracy
• Ability to work both independently and collaboratively
• Understanding of financial controls and compliance requirements
• Must be in the office in Cambridge, MA two days a week (Monday/Tuesday); the rest of the week can be remote.

Skills, experience, and other compensable factors will be considered when determining pay rate. The pay range provided in this posting reflects a W2 hourly rate; other employment options may be available that may result in pay outside of the provided range.

W2 employees of Eliassen Group who are regularly scheduled to work 30 or more hours per week are eligible for the following benefits: medical (choice of 3 plans), dental, vision, pre-tax accounts, other voluntary benefits including life and disability insurance, 401(k) with match, and sick time if required by law in the worked-in state/locality.
Please be advised- If anyone reaches out to you about an open position connected with Eliassen Group, please confirm that they have an Eliassen.com email address and never provide personal or financial information to anyone who is not clearly associated with Eliassen Group. If you have any indication of fraudulent activity, please contact

About Eliassen Group:

Eliassen Group is a leading strategic consulting company for human-powered solutions. For over 30 years, Eliassen has helped thousands of companies reach further and achieve more with their technology solutions, financial, risk & compliance, and advisory solutions, and clinical solutions. With offices from coast to coast and throughout Europe, Eliassen provides a local community presence, balanced with international reach. Eliassen Group strives to positively impact the lives of their employees, clients, consultants, and the communities in which they operate.

Eliassen Group is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

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