Accounts Receivable

1 week ago


Durham, North Carolina, United States Rho Full time

Overview:

Join us in redefining what it means to work for a CRO. Working at Rho, youll be joining a team who take healthcare and clinical research personally, with shared experiences that drive a passion to heal, cure and solve some of humanitys biggest challenges.

At Rho, were committed to you just as youre committed to us. Youll have the opportunity to experience a thriving company with real stability - financial, workforce, and corporate, which has created a safe environment to innovate and develop over a long and rewarding career. With a collaborative team of smart, talented, and positive people, youll be celebrated and respected for your expertise and given the freedom to think creatively, challenge the norm, and problem-solve.

We are currently hiring an Accounts Receivable and Revenue Accountant to join our team In this role, youll have the opportunity to join a strong, supportive Accounting and Finance team and manage the accounts receivable process, ensuring accurate revenue recognition and maintain financial compliance.

Our Accounting and Finance Team will tell you, joining Rho has been one of their best career moves in terms of contentment, financial rewards and career growth, which is why we have such stability in the group

Responsibilities:
  • Reporting to the Director of Corporate Revenue & Federal Accounting this position will play a crucial role in managing the accounts receivable processes, ensuring accurate revenue recognition, and maintaining financial compliance.
  • The AR/Revenue Accountant will lead all aspects of billing and collection operations and collaborate with a team of AR staff members.
  • Analyze customer contracts and agreements to determine the appropriate revenue recognition treatment.
  • Monthly Invoicing: Responsible for the billing and invoicing process, ensuring accuracy and timeliness.
  • Review revenue postings in accounting system for accuracy.
  • Establish and maintain relationships with clients to facilitate timely payment collections.
  • Monitor accounts receivable aging and follow up on overdue payments.
  • Collaborate Project leads to resolve any billing discrepancies or disputes with clients.
  • Set monthly meetings with CFO and relevant stakeholders to review aging reports or any issues with accounts receivable.
  • Month-end Close: Review revenue for missing data in advance of AR closing.
  • Reconciliations: Perform account reconciliations for all AR related accounts, including but not limited to, accounts receivable.
  • Assist with various external audits.
Qualifications:
  • Bachelors degree in accounting, finance or related field along with 2+ years of recent revenue billing experience
  • Familiarity with ASC 606 and ASC 842
  • Strong knowledge of generally accepted accounting principles (GAAP)
  • NetSuite knowledge is preferred.
  • Strong Excel Skills
  • Strong Communicator: Demonstrate written, verbal and presentation skills to help showcase the successes of your work and Rhos.
  • Committed to Quality: Every job at Rho requires an attention to detail, a deep understanding of our high-quality scientific standards, and an ability to care about every outcome.
  • High-Character: Contribute to our collaborative culture with honesty and integrity. At Rho, we value a strong team spirit highlighted by loyalty, accountability, and mutual trust. We work smart together, we work hard together, and we laugh together. We take responsibility for our actions, forgive honest mistakes and respect one another.
  • Critical Thinker: Rho values thinking. Draw on your native ingenuity, sharpened and enhanced by our intellect, training, and experience. We evaluate situations and opportunities objectively and incisively; we then craft novel, practical solutions.
  • Agile and Adaptable: Rho values the ability to change quickly. We eagerly anticipate, respond to, and take advantage of changes in our environment. We embrace risk but manage it by planning, accepting, and learning from both failures and successes. The opportunity to adapt and evolve energizes us.

A few more things to know about us:

Benefits: Rho provides a comprehensive benefits package for all benefit-eligible employees, which includes medical, vision, dental, HSA, FSA, EAP, life & disability insurance and 401(k). All employees are eligible for paid time off, holidays, parental leave and bereavement leave.

Diversity and Inclusion: As a global, full-service CRO driven by our collective experiences, we view each of our backgrounds as a vital component in our formula for success and we strive towards building a more equitable, inclusive, and diverse environment for our employees every day. By valuing and tapping into each employees unique and different personal experiences, we are able to uplift employee dignity and belonging, foster more strategic creativity, and more quickly arrive at breakthrough solutions that help us heal the world.

Flexibility: We encourage a work-life balance that allows employees to bring their best selves to work while being passionate about their lives outside work.

EOE. Veterans/Disabled

#LI-Remote



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