Accounts Payable Specialist

Iterative Health; Cambridge (MA); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision coverage

Unlimited PTO and 12 company holidays

401(k) program with company match

Job summary

Iterative Health in Cambridge, MA is seeking an Accounts Payable Specialist. As a vital part of the Accounting team, you will ensure the accuracy and efficiency of accounts payable operations, playing a crucial role in financial activities.

The ideal candidate has a Bachelor's in Accounting or Finance, 2-3 years of accounts payable experience, and proficiency in tools like NetSuite ERP. A hybrid work environment is available, prioritizing employee support and development.

Qualifications

• 2-3 years of accounting experience with a focus on accounts payable.
• Experience working with NetSuite ERP or a similar enterprise accounting system.
• Experience using procurement platforms such as ZIP Procurement or Coupa.

Responsibilities

• Support the full accounts payable lifecycle including invoice receipt and payment processing.
• Review invoices for accuracy and supporting documentation.
• Reconcile accounts payable transactions and vendor statements.

Skills

Accounts payable experience

Attention to detail

Process improvement

Microsoft Excel

Education

Bachelor’s degree in Accounting, Finance or related field

Tools

NetSuite ERP

ZIP Procurement

Job description

Iterative Health is a healthcare technology and services company powering the acceleration of clinical research to transform patient outcomes.

We built a leading performance‑driven network of 100+ sites across the US, Europe, India, and Australia, conducting research directly in the communities where care is delivered across gastrointestinal, hepatology, obesity, and cardiology. By combining deep clinical trial expertise with cutting‑edge AI, we connect sponsors’ scientific ambitions with high‑performing research teams that expedite and expand access to novel therapeutics for patients in need. Today, Iterative Health is headquartered in Cambridge, Massachusetts, and New York City with 250+ employees worldwide.

The Accounts Payable Specialist

As a key member of the Accounting team, you report to the Manager, Accounting and are responsible for ensuring the accuracy, efficiency, and integrity of Iterative Health’s accounts payable operations while supporting broader accounting and financial close activities.

Ideal Candidate

You are an accountant who brings strong accounts payable and accounting experience, exceptional attention to detail, and a passion for process improvement. You will serve as a critical partner across Finance, Procurement, and business teams to ensure vendor payments are processed accurately, financial records remain audit‑ready, and accounting operations scale effectively alongside the organization.

Responsibilities

• Support the full accounts payable lifecycle, including invoice receipt, coding, approval routing, and payment processing.
• Review invoices for accuracy and appropriate supporting documentation.
• Process vendor payments accurately and on time while ensuring compliance with company policies and internal controls.
• Reconcile accounts payable transactions and vendor statements, identifying and resolving discrepancies promptly.
• Maintain vendor records and ensure proper onboarding, tax documentation, and compliance requirements.
• Support annual 1099 preparation and reporting activities.
• Partner with internal stakeholders to ensure timely invoice approvals and resolution of payment‑related inquiries.
• Utilize NetSuite to support day‑to‑day accounting operations, vendor management, reporting, and general ledger activities.
• Manage purchase order requests, invoice matching, and approval workflows through ZIP Procurement.
• Monitor procurement and payment workflows to ensure efficiency, accuracy, and compliance.
• Assist with system enhancements, testing, and process improvements related to accounts payable and procurement operations.
• Serve as a resource for employees regarding procurement and invoice processing procedures.
• Assist with month‑end and year‑end close activities, including journal entries, accruals, and account reconciliations.
• Support the preparation of financial reports and schedules.
• Assist with external audits by preparing supporting documentation and responding to audit requests.
• Ensure transactions are recorded accurately and in accordance with accounting policies and procedures.
• Collaborate with Accounting and Finance team members to support financial reporting, budgeting, and cost analysis initiatives.
• Identify opportunities to improve processes, strengthen internal controls, and increase operational efficiency.
• Help develop and maintain accounting policies, procedures, and documentation.
• Participate in special projects and other accounting initiatives as needed.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–3 years of accounting experience, with a strong focus on accounts payable.
• Experience working with NetSuite ERP or a similar enterprise accounting system.
• Experience using procurement platforms such as ZIP Procurement, Coupa, or similar tools.
• Strong Microsoft Excel skills, including pivot tables, lookups, and data analysis.
• Knowledge of accounts payable processes, accounting principles, and internal controls.
• Strong attention to detail with the ability to manage multiple priorities and deadlines.
• Excellent communication and interpersonal skills.

Preferred Qualifications

• Experience supporting month‑end close activities and audit preparation.
• Experience in healthcare, healthcare technology, biotechnology, or other highly regulated industries.
• Familiarity with procurement operations and vendor management best practices.
• Proven ability to identify and implement process improvements.
• Experience working in a fast‑paced, high‑growth environment.

How We Work

• Collaborative and low‑ego team environment.
• High ownership and accountability culture.
• Fast‑paced and highly iterative growth environment.
• Open communication and continuous learning mindset.
• Mission‑driven organization focused on improving patient outcomes.
• Comfortable navigating evolving business priorities and opportunities.

Benefits That Support You

We believe great teams do their best work when they feel supported — professionally and personally.

• Hybrid work environment with in‑office collaboration two days per week in either our NYC or Boston office.
• Comprehensive medical, dental, and vision coverage, with up to 80% of premiums covered by Iterative Health.
• Mental health and wellness support through Spring Health.
• Health HSA or FSA options, and commuter FSA contributions supported by Iterative Health.
• Unlimited PTO, 12 company holidays, and a company‑wide shutdown between Christmas and New Years.
• 401(k) program with a company match of up to 3% (up to $3,000 annually).
• Weekly in‑office lunch benefit every Tuesday.
• 100% company‑paid short‑term and long‑term disability coverage.
• Annual wellness and professional development stipend to support your health and growth.
• And more!

As set forth in Iterative Health’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.