Accounts Payable Manager

About Us

Founded in 2011, Fulgent has evolved into a premier, full-service genomic testing company built around a foundational technology platform.

Through our diverse testing menu, Fulgent is focused on transforming patient care in oncology, anatomic pathology, infectious and rare diseases, and reproductive health. We believe that by providing a wide range of effective, flexible testing options in conjunction with best-in-class service and support, we can redefine the way medicine is managed for patients and clinicians alike.

Since integrating with our therapeutic development business, Fulgent is also developing drug candidates for treating a broad range of cancers using a novel nanoencapsulation and targeted therapy platform. By merging our fields of expertise, we aim to become a fully integrated precision medicine company.

Summary of Position

This position will provide management support and leadership to the Accounts Payable, or AP, team, including selection and hiring of employees for the AP group. The Accounts Payable Manager will mentor, coach, and address development opportunities and disciplinary issues on the team; implement corrective action and further development plans as necessary; and use motivational techniques to assist team members in maintaining and exceeding standards, including providing salary increases, bonuses and promotions within allocated budgets and company guidelines. The Accounts Payable Manager will manage and coordinate all Accounts Payable functions including transactional processing, project management, resource allocation, month-end close activities, and account reconciliations. The position will develop, implement and maintain Accounts Payable systems, procedures, controls and policies ensuring adherence to Company policies and in accordance with SOX requirements.

This position requires significant interaction with individuals internal and external to the organization, including management, operation teams, independent auditors, and other service providers. This position requires the ability to research accounting guidance and interpret transactions in a clear and concise manner for multiple audiences.

Key Job Elements

• Direct and manage staff to provide accurate and timely processing and disbursement of vendor obligations while ensuring that internal controls and compliance requirements are operating effectively.
• Review accounts payable documents prepared by subordinates for accuracy, completeness and conformance to policy including vendor statements.
• Monitor the AP team's daily performance and productivity through utilization of available tools to analyze trends, and report statistics.
• Exercises discretion and creativity as to work details on assignments of a varied, diverse, and difficult nature.
• Demonstrate accelerated knowledge of system(s) functions as it effects daily workflow and team/department business processes.
• Research, analyze and resolve complex payment and vendor issues, including correspondence with vendors and reconciliation of invoices to vendor statements
• Identify non-value-added processes and provide improvement opportunities to automate manually intensive tasks, maximizing efficiencies and productivity.

• Provide project management leadership and/ or support for initiatives which impact accounts payable processes.
• Implements and evaluates SOX controls and accounting policies and procedures.
• Prepare and manage internal and external audit PBC's pertaining to accounts payable as well as presenting during audit walkthroughs.
• Manages month-end and year-end closing processes within established deadlines ensuring timely reporting and accuracy of the financial statements including posting all A/P-related journal entries; prepare or review monthly reconciliations of AP and related accounts, review P&L variances for assigned General Ledger Accounts, and manage/approve the search for unrecorded liabilities.
• Work closely with other functional areas and foster a client-focused environment which supports internal and external customers.
• Demonstrate the initiative to drive change and influence others across the organization in support of the company's goals and objectives
• Act as a liaison between the company and external parties, including auditors, government agencies, etc. to meet information needs and to ensure that proper information is maintained for historical purposes.

Knowledge/Experience/Skills

• Bachelor's degree.
• Minimum of 5 years managerial experience.
• Proficient in Microsoft Office Suite, specifically Word, Excel, Outlook, and general working knowledge of the Internet for business use.
• Preferred knowledge of NetSuite and Corpay.

Additional Skills

• Communication - Proficient verbal and written communication skills. Willingness to share and receive information and ideas from all levels of the organization in order to achieve the desired results.
• Teamwork - Commitment to the successful achievement of team and organizational goals through a desire to participate with and help other members of the team.
• Customer Service Focus - Demonstrate a focus on listening to and understanding client/customer needs and then delighting the client/customer by exceeding service and quality expectations.
• Drive for results (Service, Quality, and Continuous Improvement) - Ensure procedures and processes are in place that led to delivery of quality results and continually reassess their effectiveness to achieve continuous improvement.
• Ability to develop and enhance systems/processes to ensure compliance with company policies and improve process efficiency.
• Ability to deal with confidential and sensitive information with tact and diplomacy.
• Able to manage a wide variety of tasks and projects while maintaining timelines of delivery, quality of results, and maintain a calm demeanor in high pressure situations.
• Ability to work productively and effectively with a wide variety of people, internally and externally.
• Strong problem-solving skills, including the ability to understand and analyze a situation by identifying patterns or connections, and addressing key underlying issues.
• Ability to work in a fast-paced, deadline driven environment processing high volume workloads with daily and weekly deadlines.
• Must possess ability to sit and/or stand for long periods of time.
• Must possess ability to perform repetitive motion.
• Crouching and bending may be required when retrieving files.
• Majority of work is performed in a desk/cubicle environment.

Supervisor Responsibilities

• Yes

Reports To

• Division Controller & Director of Financial Reporting

Environment

Fulgent Therapeutics LLC is an Equal Employment Opportunity Employer.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. The term "qualified individual with a disability" means an individual with a disability who, with or without reasonable accommodation, can perform the essential functions of the position.

For California residents, please see the link below to access our CCPA Privacy Notice.

CCPA Privacy Notice for California Residents

https://tinyurl.com/FulgentCCPA

Please note that Fulgent (and its affiliated companies, including Inform Diagnostics and CSI Laboratories) does not accept unsolicited information and/or resumes from search firms or agencies for our job postings. Search firms or agencies without an applicable contract and/or express approval to recruit for the role in question - that choose to submit a resume or client information to our career page or to any employee of Fulgent - will not be eligible for payment of any fee(s), and any associated shared data will become the property of Fulgent.