Accounts Payable Accountant

Ray Therapeutics, Inc.; Berkeley (CA); On-site; USD 85,000 - 95,000; Full time

Benefits offered by this job

Annual bonus

Equity awards

Benefits package

Job summary

Ray Therapeutics, Inc. seeks an Accounts Payable Accountant to join the Finance & Accounting team in Berkeley, CA. The role requires 3 days in-office per week and offers a path to scalable, compliant AP processes in a fast-moving biotech environment.

You will manage full-cycle AP using Bill.com, Concur, QuickBooks and NetSuite, ensure proper coding for R&D and G&A, and contribute to SOX-compliant controls. A Bachelor’s degree and 3+ years of AP experience, with biotech exposure, are preferred;

Qualifications

• 3+ years of AP or accounting experience.
• Experience in biotechnology, pharmaceuticals, or life sciences preferred.
• Knowledge of 1099 reporting and audit support processes.
• Experience with Concur and NetSuite is preferred.

Responsibilities

• Process full-cycle accounts payable using Bill.com, Concur, QuickBooks and NetSuite.
• Support AP processes to handle growing vendor volume.
• Manage AP inbox; respond to vendor inquiries and payment requests.
• Ensure accurate expense coding across R&D and G&A cost centers.
• Maintain AP policies including 3-way match and approvals workflows.
• Support AP close activities, including accruals for legal, consulting and R&D spend.
• Validate tax forms (W-9) and vendor data during onboarding/maintenance.
• Ensure 1099 reporting compliance and year-end filings.
• Foster relationships with biotech vendors and external partners.
• Assist in establishing SOX-compliant AP processes.

Skills

AP experience

Cross-functional communication

Biotech exposure

Education

Bachelor’s degree in Accounting/Finance or related field

Tools

Concur

NetSuite

P2P automation

Job description

Ray Therapeutics mission is to restore vision to people with retinal degenerations. RayTx is using a novel bioengineered optogenetic protein optimized for human vision delivered by AAV to restore visual function in a mutation agnostic approach and without the need for light enhancing eyewear. The company is developing its lead candidate RTx-015 in retinitis pigmentosa, a degenerative retinal disease with significant unmet medical need as well as a pipeline to treat both rare and large market indications.

We are currently seeking an Accounts Payable Accountant to join our growing Finance & Accounting team, reporting directly to the Sr Manager, Accounting & Finance.

This position is based in Berkeley, CA and requires 3 days a week in-office.

This role is responsible for the accurate and timely processing of accounts payable transactions, expense reports, vendor communications, and related general accounting activities. The candidate thrives in a fast-moving biotech environment, brings deep technical AP expertise, and is energized by building scalable processes from the ground up. In addition, this candidate should be self-motivated, adaptable, and a strong team player with a solid work ethic.

Key Responsibilities:

• Full-cycle accounts payable operations utilizing Bill.com, Concur, Quickbooks and Netsuite, including invoice processing and approvals.
• Support AP processes to support growth with increasing vendor volume
• Manage and monitor the AP email inbox, including responding to vendor inquiries, payment requests, and invoice related questions.
• Ensure accurate coding of expenses, particularly across R&D (i.e. clinical, CMC) and G&A cost centers
• Help maintain AP policies and procedures, including 3-way match (PO, invoice, receipt) and approval workflows and spending authority limits
• Support AP close activities, including accruals (with a focus on legal, consultants and R&D spend)
• Support vendor onboarding and maintenance within the ERP, including validation of tax forms (W-9), banking details, and compliance checks
• Ensure 1099 reporting compliance and year-end filings
• Maintain strong relationships with key biotech vendors (CROs, CMOs, labs, consultants)
• Support the formalization of SOX-compliant AP processes
• Assist on special projects and ad-hoc assignments as needed
• Adapt to evolving responsibilities and business needs within a growing organization

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or related field; or equivalent relevant work experience
• 3+ years of AP or accounting experience
• Prior experience in biotechnology, pharmaceuticals, or life sciences; development-stage or pre-commercial experience strongly preferred
• Experience with Concur expense management system and NetSuite ERP system strongly preferred.
• Knowledge of 1099 reporting requirements and audit support processes.
• Experience with P2P AP automation platform, including payment workflows and vendor management.
• Strong cross-functional communication skills; ability to partner effectively with R&D, Finance, and external vendors.

Compensation Range and Benefits

• For this role, the anticipated base salary range: $85,000 - $95,000 based on the candidate's professional experience level. The final salary offered for this position may take into account a number of factors including, but not limited to skills, education, and experience.
• Ray Therapeutics also offers annual performance-based bonus, annual equity awards and a comprehensive benefits package.

At Ray Therapeutics, we celebrate diversity and are committed to creating an inclusive environment for all employees; providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law.

All employment is decided on the basis of qualifications, merit, and business need.