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Sr. Accountant, Revenue and Accounts Receivable

Excel Partners Inc.
Princeton, NJ
  • Posted: over a month ago
  • $100,000 to $110,000 Yearly
  • Full-Time
  • Benefits: 401k, medical,
Job Description

Position

Sr. Accountant, Revenue and Accounts Receivable

Location

Princeton, NJ

Schedule

Candidates must be located within a reasonable commuting distance to Princeton, NJ to attend required meetings. Typically, members of the finance team are in the office a few times a month for purposeful interactions.

Summary

The Senior Accountant, Revenue & Account Receivable is primarily responsible for the preparation of the monthly accounting close activities related to the revenue recognition and account receivable (AR) function. The Senior Accountant is responsible for assisting with revenue recognition, gross-to-net (GTN) accrual calculations, maintaining account receivable, as well as monitoring the order-to-cash cycle with the company. He/she is an accounting professional with experience in a fast-paced public company environment. Must be knowledgeable in the principles of U.S. GAAP accounting.

 

Primary Responsibilities

Support month-end close procedures by performing key control tests, preparing the accrual and reserve calculations, processing journal entries and completing revenue and account receivable related account reconciliations and fluctuation analysis

· Assist in designing and implementing revenue/GTN and AR procedures within NetSuite; develop and refine controls and processes to monitor revenue recognition

· Ensure accurate and timely reporting of revenue/GTN related balances under ASC 606; develop procedures to monitor and assess revenue contracts; ensure the company’s revenue recognition policy is up-to-date and in compliance with US GAAP

· Maintain invoice logs to track rebate processing status and monitor the prepaid account to ensure enough funding for outstanding payments

· Monitor the billing/invoice and cash application process performed by the company’s third -party logistics provider (3PL), maintain customer lists, monitor credit limits, review receivables aging and prepare analysis and reports as needed

· Monitor various rebates, returns, administration fees processing by validating the quantity/price, by adhering to the company’s return goods policy and contractual terms with customers

· Partner with the Order-to-Cash cross functional teams (Supply Chain, Commercial Ops, 3PL, Customers) seeking resolution for delayed, missed payments or disputed deductions, maintain appropriate documentation of action items, and expected resolution time and communicate with upper management

· Ensure the appropriate and adequate internal controls are in place in accordance with SOX and company procedures as it relates to revenue recognition and account receivables

· Provide information and support for internal and external audit purposes

· Assist with requests related for SEC reporting, revenue forecasts and other cross functional areas

· Perform ad-hoc analysis to support business decisions

 

Required Skills

· 5+ years of accounting experience in Revenue and AR, including experience in public accounting

· Experience with Oracle NetSuite preferred

· Experience in a biopharmaceutical company required, with experience in revenue and GTN accounting

· Knowledge of US GAAP, Sarbanes-Oxley compliance and controls

· Excellent interpersonal, communication, and business partnering skills

· Demonstrates the ability and motivation to work independently with minimal oversight

· Proven analytical, critical thinking and project management skills

· Ability to prioritize assignments and meet deadlines in a fast paced and growth-oriented environment

· Proficient in Microsoft Excel

· Solid attention to detail and ability to be a problem solver

· Proven ability to work collaboratively and in a team environment

· Excellent professional written and verbal skills

 

Other Requirements

· Bachelor’s or higher degree in Accounting

· CPA preferred but not required

Company Description
Insurance Portfolio Company

Excel Partners Inc.

Address

Princeton, NJ
USA

Industry

Finance and Insurance

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