Accounts Payable Specialist II, Healthcare

About The Oncology Institute (www.theoncologyinstitute.com): Founded in 2007, The Oncology Institute (NASDAQ: TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge, evidence-based cancer care to a population of approximately 1.9 million patients, including clinical trials, transfusions, and other care delivery models traditionally associated with the most advanced care delivery organizations.

With over 180 employed and affiliate clinicians and over 100 clinics and affiliate locations of care across five states and growing, TOI is changing oncology for the better.  At The Oncology Institute, we empower our Accounts Payable team to drive financial excellence in healthcare. Join us in supporting our mission to provide compassionate cancer care through precise financial stewardship.

You'll thrive in a collaborative environment where your expertise ensures seamless operations and contributes directly to advancing oncology treatments. Explore growth opportunities and be part of a dedicated team committed to patient-centric care and operational excellence. This is a hybrid role and requires attendance in our Cerritos, CA Office three days per week (M, W, F) JOB PURPOSE AND SUMMARY:  The Accounts Payable Specialist II is responsible for overseeing the day-to-day operations of the accounts payable function, ensuring timely and accurate processing of invoices, payments, and reconciliations.

This role supports process improvement efforts and resolves complex issues. The AP Lead works closely with vendors, internal departments, and the finance team to maintain accurate financial records and uphold company policies and accounting standards. ESSENTIAL DUTIES AND RESPONSBILITIES:  Manage the end-to-end accounts payable process, including invoice receipt, approval, and payment Review and process a high volume of invoices with accuracy and efficiency Ensure appropriate approvals are obtained before payment disbursement Prepare and execute check runs, ACH payments, and wire transfers Review and resolve complex vendor inquiries and discrepancies Maintain and regularly update vendor records and W-9 documentation Reconcile the AP sub-ledger to the general ledger and resolve discrepancies Support month-end close activities and assist with internal and external audits Identify and recommend opportunities for improving AP workflows and controls Live and exemplify TOI core values, providing outstanding customer service and promoting a positive experience for patients and staff members.

KNOWLEDGE, SKILLS, AND ABILITIES:  In-depth understanding of accounts payable processes and internal controls Strong problem-solving skills and ability to resolve vendor and payment issues independently Proficient in Microsoft Excel and other Office applications; experience with Ramp is a plus Detail-oriented with a focus on accuracy and compliance Well-organized and able to manage multiple priorities under deadlines Ability to communicate clearly and professionally with vendors and internal teams Strong sense of accountability and discretion with confidential information Experience supporting or driving process improvements in AP  REQUIRED EXPERIENCE, EDUCATION AND/OR TRAINING:  Bachelor’s degree in Accounting, Finance, or a related field 4 to 7 years of experience in accounts payable, including full-cycle processing (preferred) Prior experience in a lead AP role (preferred) Ramp experience (Preferred) The estimate displayed represents the typical wage range of candidates hired.

Factors that may be used to determine your actual salary may include your specific skills, how many years of experience you have and comparison to other employees already in this role. Pay Transparency for salaried teammates$62,842—$85,404 USD

The Oncology Institute is a leading healthcare organization specializing in comprehensive cancer care. Established in 2007, the institute is dedicated to providing cutting-edge oncology treatments and compassionate support to patients battling cancer. With a team of renowned oncologists and state-of-the-art facilities, The Oncology Institute is at the forefront of advancing cancer research and improving patient outcomes.