Junior Accountant

3 weeks ago

Palo Alto, California, United States BioSpace, Inc. Full time
Job Details

Salary Range: $60,000 - $70,000.00

The pay range for this position is expected to be between $60,000 and $70,000 annually.

Job Type: Contract-to-Permanent

Duration: 3-6 Months (with the possibility of becoming a permanent position)

Hybrid Position: 3 days on-site, 2 days remote

We are seeking a skilled Junior Accountant to join our team on a contract basis with the potential to transition to a permanent role after 3-6 months. This position offers an excellent opportunity for career growth and development within our company. The position is eligible to participate in the Company's comprehensive benefits, which includes Flexible PTO, company-paid holidays, life and AD&D, long-term disability, flexible reimbursement plan, and Medical, dental, vision insurance coverage.

If hired, the employee will be in an at-will position, and the Company reserves the right to modify base salary (as well as any other payment or compensation program) at any time, including reasons related to individual performance, Company or individual department/team performance, and market factors.

Our company is committed to equal employment opportunities and a workplace that embraces diversity and inclusion for qualified individuals of all backgrounds.

About Our Company

We are a revenue-generating company focused on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain. We are committed to social, environmental, economic, and ethical principles to responsibly develop pharmaceutical products to maximize quality of life.

Our lead product, ZTlido, is a marketed prescription lidocaine topical product approved by the U.S. Food and Drug Administration for the relief of pain associated with Post-Herpetic Neuralgia (PHN). We have also acquired two FDA-approved non-opioid pain products, GLOPERBA and ELYXYB, for the treatment of gout in adults and oral solution for the acute treatment of migraine, with or without aura, in adults.

We are committed to harnessing the power of revolutionary delivery technologies designed to safely and effectively provide therapies to those who need them the most.

Responsibilities

  • Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.
  • Maintain and reconcile customer accounts, set up new customers, and credit limit.
  • Perform daily cash management duties, including the recording of bank deposits, wire/ACH payments, and posting of cash to the AR sub-ledger.
  • Monitor and collect accounts receivable by contacting customers via telephone and email.
  • Download gross sales report from 3PL system and import it to NetSuite using csv import.
  • Prepare invoices and AR payment deductions journal entries for chargeback, chargeback rejection, return, and service fees.
  • Prepare AR weekly reports.
  • Prepare monthly inventory adjustments and inventory accounts reconciliation.
  • Analyze, research, and reconcile past payments.
  • Maintain and reconcile A/R aging reports, check registers, and A/R journals.
  • Responsible for Accounts Receivable month-end close procedures such as cash discounts and credit card fees journal entries.
  • Prepare journal entries, account reconciliations, and fluxes as part of month/quarter/year-end reporting.
  • Assist Management with various special projects and ad hoc reporting.
  • Assist with preparation of documentation for the annual audit.

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