Jr. Project Accountant

Avid Bioservices • Tustin, CA

79d • $21 - $28

About The Position

Looking to join a passionate team dedicated to developing and manufacturing life-saving biopharmaceuticals? Avid Bioservices is a leading clinical and commercial biologics CDMO focused on creating innovative solutions to meet the needs of our clients and improve patient outcomes.
Your Role:
Embark on a rewarding career as a Jr. Project Accountant with our esteemed organization. This role is central to our project accounting operations, focusing on meticulous processing of vendor invoices for projects and raw material inventory. You will liaise with Project Managers, aiding in the smooth flow of accounting tasks from project initiation to completion. Your responsibility extends to reviewing project work hours, aiding in weekly reclassifications, ensuring timely billings and collections from clients, and compiling vital information for audits. This position offers a gateway to mastering project accounting intricacies while contributing significantly to our financial framework.

Requirements

• Associate’s degree (A.A.) and 2+ years of related experience and/or training; or equivalent combination of experience and education.
• Accounting systems and SOX Documentation/compliance experience.
• Intermediate MS Excel skills with the ability to do formulas like v-lookup, sumif/sumifs.
• Experience vouchering invoices with two-way matching (invoice/PO) and three-way matching (invoice, PO and product receipt).
• Experience with and understanding of A/P accruals.
• Ability to make recommendations for A/P process improvements/efficiencies.
• You have a "bring it on!" team player approach and an unshakable positive attitude, always ready to tackle anything that comes your way.
• Your written and verbal skills are out of this world, and you communicate with clarity and confidence.
• You have exceptional multitasking skills and an unparalleled attention to detail that ensure the smooth running of everything.
• You are a master at building relationships, capable of establishing connections with anyone, be it team members, clients, vendors, or suppliers.

Responsibilities

• Partner closely with Project Managers to oversee the entire accounting spectrum of projects from inception to closure, owning the necessary systems for accurate execution.
• Scrutinize project work hours to determine requisite reclassifications from client deposit to deferred revenue and assist in the weekly reclass of hours.
• Generate supportive invoices and compile crucial information for both internal and external auditors as well as clients upon request.
• Conduct weekly reviews of production schedules to ensure timely billings and follow through on collections, securing expected payment dates from clients fortnightly post-invoice issuance.
• Submit weekly reports on outstanding accounts receivables to Project Account Managers (PAM) & Controller and liaise with clients and Project Managers regarding unsettled invoices.
• Foster a collaborative environment by understanding and supporting the tasks of other project accounting team members as needed.
• Accurately process all invoices associated with client projects and inventory, ensuring proper coding of relevant project codes.
• Validate inventory receipts by reviewing unit of measure (UOM), packing slips, invoices, and the historical weighted average cost for products/items.
• Prepare monthly manual accruals for 3-way receipts and probe into any unbilled project expenses to assure accurate coding.

Benefits

• health, dental, and vision insurance
• 401(k) matching
• paid time off
• opportunities for career growth and development as well as a supportive and inclusive work environment

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 251-500 employees