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Project Accountant

3 months ago

Iowa City, Iowa, United States LabConnect Full time
Overview

LabConnect improves lives by partnering with pharmaceutical and biotech companies, and clinical research organizations (CROs) to accelerate the development of new medicines around the world.

We are an independent, global, one-stop-shop focused on delivering Central Laboratory Services that are tailor-made, timely and flexible to meet the evolving study demands of traditional to increasingly complex trials. Additionally, we provide Functional Service Provider (FSP) Solutions, supporting our clients with scientific and technical expertise, acting as an extension of their team, coordinating all laboratory related needs, advising on strategies for lab data collection and providing end-to-end analytical and logistical solutions.

Job Summary

The Project Accountant will be responsible for assigned clients and/or projects to ensure accurate invoicing. The Project Accountant will work in collaboration with Sales and Project Management to understand and translate project proposals and budgets to ensure accurate and timely billing. The Project Accountant will be the first contact for customer inquiries.

Essential Duties and Other Responsibilities

• Review project budgets in MS Dynamics NAV for accuracy and agreement with signed legal documents with client.

• Prepare pre-billing reports for project manager review.

• Monitor accounts receivable and support project managers with client collections.

• Work with Project Managment to issue invoices and project purchase orders.

• Ensure steady cash flow by generating, auditing, and sending invoices in a timely manner.

• Ensure adherence to applicable accounting guidelines.

• Ensure adherence to contract terms and conditions and highlight associated risks.

• Prepare revenue accruals for assigned studies.

• Manage client inquiries, including collaboration with internal departments and provide resolution, or escalate to the appropriate parties.

• Understand project workflow in order to validate or update processes.
• Track and update company metrics.

• Maintain customer information in MS Dynamics NAV.

• Maintain project support library in SharePoint.

• Other duties as assigned.

Education/Experience

Associates Degree with two years general accounting and/or billing experience, or four to six years general accounting and/or billing experience. Solid understanding of general accounting principles.

Laboratory or clinical trial industry experience preferred but not required. Strong experience in customer service, with excellent organization and interpersonal skills, and the ability to manage and own tasks and functions. Very high attention to detail is required for success in this position.

Language Ability

Must possess the ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. The ability to write reports, business correspondence, and procedure manuals is needed. The ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public is also necessary.

Math Ability

The ability to apply advanced concepts of accounting is required.

Reasoning Ability

Handles detailed, complex concepts and problems, balances multiple tasks simultaneously, and makes rapid decisions regarding administrative and executive issues. Must display excellent analytical, reasoning and problem-solving skills.

Computer Skills

The Project Accountant individual should have strong knowledge of Microsoft Office applications including Intermediate to Advanced Excel. The ability to navigate software and databases, and experience pulling, processing and analyzing data is a must. Experience with Microsoft Dynamics NAV or a similar ERP system is a plus. Experience with Jet Reports is a plus.

Certificates and Licenses

N/A

Supervisory Responsibilities

This position has no supervisory responsibilities.

Work Environment

The noise level in the work environment is usually moderate.

Physical Demands The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. While performing the duties of this job, the employee is frequently required to stand; sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to reach with hands and arms.

Read more below and get ready for your next great employment adventure

Some of the Perks our LabConnectors Love:
  • Financial Security (base pay, 401k match and annual bonus eligibility)
  • Health Benefits beginning on date of hire
  • PTO plan plus 10 Paid Company Holidays and 1 day to Volunteer in your community
  • Short and Long-Term Disability, Life and AD&D
  • We celebrate our differences, which enrich our Culture
We are a growing and global team on a mission to create healthier communities by accelerating the development of new medicines. In addition to great perks and challenging work assignments, we invest in our people with enriching career growth opportunities.

We believe in a friendly and collaborative environment with open lines of communication. Join our team and discover how your work can impact the lives of people all over the world.

It is the policy of LabConnect to provide equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information, or any other protected characteristic under applicable law.

Equal Employment Opportunity Posters:

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please email or call

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Other details
  • Pay Type Salary
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