CRO-Accounting Associate

Job Description

Job Description

Title : Accounting Associate (Lotus CRO)

Location : Remote

About us :

Lotus Clinical Research (Lotus) is a full service CRO dedicated to all phases of drug development. Lotus has been instrumental in the development of many of the most important analgesic drugs approved in the past two decades. We provide a comprehensive range of services, including strategic drug development, regulatory consulting services, project management, quality assurance, clinical monitoring, medical monitoring, data management, statistical analysis, and medical writing.

Job Description :

The Accounting Associate is an important member of the CRO Finance team, providing comprehensive support to the department with a focus on continual improvement of day-to-day operations. The successful candidate must be able to work in a fast-paced, multi-entity environment and possess a solid knowledge of accounting principles. This position requires strong communication skills, initiative, the ability to problem-solve, and strength working both independently and in close collaboration with others.

Responsibilities :

• Invoice Process : Manage shared mailbox. Review, obtain approval, and process invoices timely and accurately.
• Payment Process : Review weekly check-run list and submit for approval.
• Payment Application : Review weekly bank report and process direct debit payment.
• Vendor Management : New and existing vendors - obtain complete documents, verify information and submit for approval and processing.
• Query Management : Respond to internal and external inquiries, researching and providing needed data.
• Pass-through Expense-to-Revenue Billing : Pull information from ERP monthly, review data and generate AR invoices timely and accurately according to the current fully executed contracts.
• Billing Data : Prepare supporting documents to be sent with AR invoices.
• Month End Close : Assist with month end close, journal entries and ensuring accounting is in compliance with GAAP.
• Year-End Process : Help manage the annual transparency and 1099 tax reporting to vendors.
• Internal Controls : Ensure adequate controls are maintained for the protection of company assets against loss or misappropriation.
• General : Contribute to a growth oriented, positive, and encouraging environment.

Education and experience :

Skills and Qualifications :