Accounts Payable Specialist

Accounts Payable Specialist

When our values align, there's no limit to what we can achieve.

At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.

Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

Job Advertisement: Accounts Payable Specialist

About Parexel

Parexel is a leading global clinical development partner delivering insights-driven clinical and consulting solutions to the life sciences industry. With 22,000+ employees worldwide, we partner with biopharmaceutical companies and research sites to design and deliver patient-focused clinical trials that broaden access and make research a care option for anyone, anywhere.

We work with focus, agility, and shared purpose, moving with urgency to address patient needs and accelerate the delivery of new therapies. We embrace bold thinking, adapt quickly to change, and continually raise the bar for the speed and quality of clinical research. We are expanding our team and seeking talented individuals to help drive industry leading innovation. With Heart.

About the Role

We are seeking an Accounts Payable Specialist to join our team in Hyderabad in a hybrid capacity. As an Accounts Payable Specialist, you will keep vendor payments accurate, timely, and well controlled, supporting the financial operations that help our global clinical development programs run smoothly. You will report to the Accounts Payable Supervisor or Accounts Payable Manager and work closely with the Accounts Payable and Cash Management teams to manage invoices from receipt through payment.

Responsibilities include processing vendor invoices for both procurement order based and non-procurement order based purchases, resolving invoice holds and vendor queries, and setting up vendors in our ERP system, with opportunities to deepen your expertise and contribute to process enhancements.

You will join a fast-paced, growth-oriented environment focused on making a meaningful impact through vendor invoice processing, vendor setup, and invoice workflow management. With diverse teams and continuous learning opportunities, the Accounts Payable Specialist can explore career paths and expand skills across finance and clinical research operations.

Key Responsibilities

• Vendor Invoice Processing (Purchase Order and Non Purchase Order Invoices)

• Quality Check of Vendor Invoices / Vendor Setup / Vendor Queries

• Resolving Invoice Holds and Vendor Queries

• Enhancement / Adhoc projects initiated by the Department

• Setting up of Vendor in ERP system

• Employee T&E review and audit

• Vendor invoice review and segregation in invoice workflow system          

• Work allocation, Monitoring Invoice TAT & Ensure of accurate and timely payment to the suppliers

Candidate Profile

You will thrive in this role if you bring:

• Strengths in accounts payable and cash management, analytical thinking, and problem solving

• Experience in an accounts payable function within a structured, controlled environment

• Effective verbal and listening communication skills, with the ability to collaborate across teams

• A detail-oriented, professional attitude, a reliable approach, and a commitment to meeting every deadline

• Comfort working with ERP and workflow systems and the financial chart of accounts

• The ability to type 60-65 words per minute

Required Qualifications

• Bachelor's Degree in Accounting, Finance or related discipline

• 0-2 years of experience in an accounts payable function

• Thorough knowledge of applicable accounts payable and general ledger systems and procedures, and the financial chart of accounts

• Knowledge of key process and system controls

• Knowledge of ERP and workflow systems

• Strong communication, organization, and problem-solving skills

We believe in flexibility, growth, and creating space for people to do their best work. Join us and be part of a team where your contributions help shape the future of clinical research.

If this job doesn't sound like the next step in your career, but perhaps you know of someone who'd be a perfect fit, send them the link to apply!

 

Experience Level

Mid Level