Accounts Receivable Specialist

1 month ago

Waltham, United States Pharmaron Full time
Job DescriptionJob Description

We are looking for an AR Specialist to join our team in Waltham, MA. The AR Specialist plays a crucial role in managing the financial transactions related to accounts receivable. They are responsible for ensuring accurate and timely invoicing, tracking payments, and resolving any discrepancies. This role requires attention to detail, a solid understanding of accounting principles, and effective communication skills.

Responsibilties

  • Invoice Generation: Prepare and issue invoices to customers or clients in compliance with company policies and regulatory requirements.
  • Payment Tracking: Monitor and track customer payments, ensuring they are received on time and posted accurately in the accounting system.
  • Collections: Contact customers with outstanding balances to follow up on overdue payments and resolve any payment issues.
  • Reconciliation: Reconcile accounts receivable records with financial statements to ensure accuracy and completeness.
  • Recordkeeping: Maintain organized and up-to-date records of all AR transactions, including customer communication and payment history.
  • Dispute Resolution: Investigate and resolve discrepancies or disputes related to invoices and payments, working closely with internal teams and customers.
  • Aging Reports: Generate and analyze accounts receivable aging reports to identify delinquent accounts and take appropriate actions.
  • Customer Relations: Build and maintain positive relationships with customers while addressing their AR-related inquiries or concerns.
  • Compliance: Ensure compliance with accounting standards, industry regulations, and company policies related to accounts receivable.

Education and Experience Requirements:

  • An associate's or bachelor's degree in accounting, finance, or a related field is typically preferred.
  • Proven experience in accounts receivable or a similar financial role, preferably in the biotech or life sciences industry.
  • Knowledge of accounting principles, financial regulations, and accounting software.
  • Proficiency in Microsoft Excel and accounting software (e.g., Oracle Fusion).
  • Having Oracle Fusion Collections experience is a benefit

Benefits:

Pharmaron cares about our work community and offers a variety of benefits allowing employees the opportunity to customize a benefits package that meets their personal needs. Company benefits include the following:

  • Medical, Dental & Vision Insurance Plan with Employer Contribution
  • Health Reimbursement Account Funded by Employer
  • Healthcare & Dependent Care Flexible Spending Accounts
  • Employee Life and AD&D Insurance 100% Employer Paid
  • Voluntary Life and AD&D Insurance for Employee, Spouse & Child(ren)
  • Short and Long Term Disability 100% Employer Paid
  • 401k with Employer Match
  • Employee Assistance Program

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