Senior Accountant - Accounts Receivable
Burlington, MA
Full Time
Finance
Experienced
Location: Burlington, MA (hybrid/ 2-3 days per week in office)
The Company:
It’s not often you get the chance to make a real impact on the lives of others, while expanding your own possibilities. You’ll find that rare opportunity at PharmaEssentia USA. Join us, and let’s transform lives, together.
PharmaEssentia USA Corporation is a rapidly growing biopharmaceutical innovator. We are leveraging deep expertise and proven scientific principles to deliver effective new biologics for challenging diseases in the areas of hematology and oncology, with one product approved in Europe and a diversifying pipeline. We believe in the potential to improve both health and quality of life for patients with limited options today through the combination of rigorous research and innovative thinking.
Founded in 2003 by a team of Taiwanese-American executives and renowned scientists from U.S. biotechnology and pharmaceutical companies, today we are listed on the Taipei Exchange (6446) and are expanding our global presence with operations in the U.S., Japan, and China, along with a world-class biologics production facility in Taichung.
Position Summary
The Senior Accountant – Accounts Receivable is responsible for managing the full cycle of receivables, ensuring accurate and timely invoicing, collections, and revenue recognition. This role serves as a subject matter expert within the AR function and plays a key part in month-end close, financial reporting, and process improvement initiatives.
Key Responsibilities
Accounts Receivable Management
Month-End Close & Reporting
Collections & Cash Application
Process Improvement & Compliance
Qualifications
Education & Experience
Technical Skills
Core Competencies
Preferred Qualifications
The expected salary range for this position based on greater Boston, MA location is $110,000-$125,000. Actual salary pay will be based on multiple factors, including geographic location, experience, qualifications, and other job-related factors permitted by law.
Benefits of working with our team:
PharmaEssentia USA strives every day to improve the lives of patients as well as our employees. As a valued member of PharmaEssentia USA, you will enjoy the following benefits:
EEO Statement
At PharmaEssentia USA, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law.
PharmaEssentia USA believes that diversity and inclusion among our team are critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. PharmaEssentia does not accept unsolicited agency resumes. Staffing agencies should not send resumes to our HR team or to any PharmaEssentia employees. PharmaEssentia is not responsible for any fees related to unsolicited resumes from staffing agencies.
The Company:
It’s not often you get the chance to make a real impact on the lives of others, while expanding your own possibilities. You’ll find that rare opportunity at PharmaEssentia USA. Join us, and let’s transform lives, together.
PharmaEssentia USA Corporation is a rapidly growing biopharmaceutical innovator. We are leveraging deep expertise and proven scientific principles to deliver effective new biologics for challenging diseases in the areas of hematology and oncology, with one product approved in Europe and a diversifying pipeline. We believe in the potential to improve both health and quality of life for patients with limited options today through the combination of rigorous research and innovative thinking.
Founded in 2003 by a team of Taiwanese-American executives and renowned scientists from U.S. biotechnology and pharmaceutical companies, today we are listed on the Taipei Exchange (6446) and are expanding our global presence with operations in the U.S., Japan, and China, along with a world-class biologics production facility in Taichung.
Position Summary
The Senior Accountant – Accounts Receivable is responsible for managing the full cycle of receivables, ensuring accurate and timely invoicing, collections, and revenue recognition. This role serves as a subject matter expert within the AR function and plays a key part in month-end close, financial reporting, and process improvement initiatives.
Key Responsibilities
Accounts Receivable Management
- Oversee the end-to-end AR process, including invoice generation, payment application, and account reconciliation
- Monitor aging reports and proactively manage collections to minimize past-due balances
- Investigate and resolve billing discrepancies, short payments, and customer disputes in a timely manner
- Maintain accurate customer account records and ensure proper documentation of all transactions
- Reconcile AR subledger to general ledger and 3PL AR reports to ensure accuracy and resolve variances
Month-End Close & Reporting
- Prepare and post AR-related journal entries, including revenue accruals and bad debt provisions
- Generate and distribute AR aging, DSO (Days Sales Outstanding), and cash flow reports to management
- Support the preparation of monthly, quarterly, and annual financial statements
Collections & Cash Application
- Communicate with customers and internal stakeholders regarding outstanding balances and payment terms
- Apply incoming payments accurately to the correct accounts and invoices
- Identify delinquent accounts and escalate as appropriate per company policy
Process Improvement & Compliance
- Identify inefficiencies in the AR workflow and recommend or implement process improvements
- Ensure compliance with internal controls, GAAP, and company policies
- Assist with internal and external audits by providing schedules, documentation, and analysis
- Mentor and provide guidance to junior AR staff
Qualifications
Education & Experience
- Bachelor's degree in Accounting, Finance, or a related field required
- 4+ years of progressive accounting experience with a strong focus on accounts receivable
- 3PL experience preferred
- Prior experience in a senior or lead AR role preferred
Technical Skills
- Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite, Dynamics 365)
- Advanced Microsoft Excel skills (pivot tables, VLOOKUP/XLOOKUP, data analysis)
- Familiarity with revenue recognition standards (ASC 606) a plus
- Strong comprehension of internal control and technical accounting
Core Competencies
- Strong analytical and problem-solving abilities
- Excellent attention to detail and organizational skills
- Effective written and verbal communication skills for internal and external stakeholders
- Ability to manage competing priorities and meet tight deadlines
- Team-oriented with the ability to work independently
- Ability to learn and adapt changes in fast-paced environments
- Proactively seeking opportunities for process improvement
Preferred Qualifications
- CPA or CPA candidate preferred
- Experience in [industry, e.g., manufacturing, SaaS, healthcare] a plus
- Knowledge of credit and collections best practices
The expected salary range for this position based on greater Boston, MA location is $110,000-$125,000. Actual salary pay will be based on multiple factors, including geographic location, experience, qualifications, and other job-related factors permitted by law.
Benefits of working with our team:
PharmaEssentia USA strives every day to improve the lives of patients as well as our employees. As a valued member of PharmaEssentia USA, you will enjoy the following benefits:
- Comprehensive medical coverage
- Dental and vision coverage
- Generous paid time-off
- 401(k) retirement plan with competitive company match
- Medical & Dependent Care Flexible Spending Account
- Up to $150 monthly cell phone reimbursement
- Employee Assistance Program
- Free parking
EEO Statement
At PharmaEssentia USA, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law.
PharmaEssentia USA believes that diversity and inclusion among our team are critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. PharmaEssentia does not accept unsolicited agency resumes. Staffing agencies should not send resumes to our HR team or to any PharmaEssentia employees. PharmaEssentia is not responsible for any fees related to unsolicited resumes from staffing agencies.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
At PharmaEssentia, our goal is to treat as many people with cancer as possible. That means challenging the status quo with better science that leads to better lives. By joining our team, you will not only expand your own possibilities, but you will contribute to expanding options for people with cancer.
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