Revenue Associate

Northern, NJ

Responsibilities

 

  • Review and analyze revenue data from CTMS database and make determinations as to what revenue can be recognized for financial accounting purposes
  • Prepare invoices to be sent to customers, and internal invoices or other revenue reports used to document and substantiate the recognition of revenue and accounts receivable on a monthly basis for financial accounting purposes
  • Prepare and send invoices for non-visit or study level activity as soon as practical
  • Responsible for collection of accounts receivable balances
  • Prepare 90-day cash collection forecast at the beginning of each month
  • Prepare bi-weekly reports of collection status and efforts for all accounts over 90 days old
  • Prepare credit memo authorization forms for any potential write-offs or adjustments over established dollar amount, including supporting documentation
  • For any detail payment advices received directly from customers, copy and paste such advices into the lockbox remittances file in the shared folder
  • On no less frequently than a weekly basis, retrieve the detail payment advices for applicable sites from the cash receipts file in the shared folder
  • Reconcile the detail payment advices to the invoices or reports on file on a specific line item identification basis, note payments received for line items on the invoices or reports, and record in the accounting software any necessary adjustments for small payment differences
  • Access bank image lockbox and iTreasury applications at bank daily
  • Update folder containing copies of detail payment advices daily
  • Update corporate cash receipts sheet daily

 

Requirements

 

  • Preferably coming from a Revenue/AR/Billing background with 3-8 years of experience out of Pharma, Life Sciences, CRO, but would consider other industries

 

 

 

 

Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.

Date Posted 3/5/2020
Salary $65,000 - $70,000 + bonus






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