Senior Accounts Receivable Specialist

Covaris, LLC is a rapidly growing technology company headquartered in Woburn, Massachusetts, USA.  Covaris developed the proprietary and patented Adaptive Focused Acoustics™ (AFA) technology platform which has sustainable, competitive advantages in both the pre-analytical and process technology life science market segments.  For example, Covaris holds the leadership position in sample preparation for DNA sequencing.

In addition, the Covaris AFA enabling technology brings significant benefits to Drug Delivery and Formulation Development and is on a high growth trajectory in this market.   www.covaris.com

Summary:

The staff accountant will assist the accounting manager and corporate controller with various accounting functions.  A willingness to learn, be flexible and take responsibility for the day-to-day duties, but accept changes to priorities as needed.

The staff accountant is responsible for creating invoices in accordance with company practices and procedures and submits invoices to customers daily.  Prepares, posts, verifies, and records customer payments and transactions related to accounts receivable for all entities (US/UK) This position requires you to be highly skilled in project management and customer service with excellent attention to detail.

The staff accountant manages incoming payments, properly recording and tracking them in our financial system to maintain accurate bookkeeping records.  Assists with reconciling Inter-Company revenue accounts each month.  Basic treasury functions such as wires, templates, and activity reporting, with all bank accounts, including accounting for any foreign currency adjustments. This position will also include General ledger functions, basic reconciliations, and journal entries/adjustments as needed.

This position reports to our Accounting Manager.

Essential Responsibilities:  The employee may be required to perform all, or a combination of the following essential responsibilities as determined by business necessity.

 

  • Prepares, posts, verifies, and records customer payments and transactions related to accounts receivable.
  • Creates invoices according to company practices; submits invoices to customers.
  • Maintains and updates customer files, including name or address changes, mergers, or mailing attentions.
  • Drafts correspondence for standard past-due accounts and collections, identifies delinquent accounts by reviewing files, and contacts delinquent accountholders to request payment.
  • Creates reports regarding the status of customer accounts as requested.
  • Research customer discrepancies and past-due amounts with the assistance of the Collections Manager and other staff.
  • Reconcile accounts receivable on a periodic (at least bimonthly) basis.
  • Assists in generating monthly billing statements based on the general ledger.
  • Assists Accounting Manager in reconciling revenue accounts each month.
  • Copies, files, and retrieves materials for accounts receivable as needed.
  • Relays changes of information to appropriate employees.
  • Performs other related duties as assigned. (AP & G/L functions)

Non-Essential Responsibilities:  In addition to the essential responsibilities listed above, the employee may be required to perform other non-essential functions.  Employees are required to follow any other job-related instructions and to perform any other job-related duties requested by their supervisor.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or related field.
  • One to Three years of related experience required, especially in a manufacturing setting is preferred.
  • Hands-on experience in operating spreadsheets and accounting/ERP software (Great Plains, SAP, other full-scale ERP software)
  • Excellent verbal and written communication skills.
  • Foreign currency experience is a plus.
  • Excellent organizational skills and attention to detail.
  • Able to pull and create reports efficiently and accurately
  • Proficient with Microsoft Office Suite with emphasis on Excel. Ability to learn other accounting applications. (i.e., Concur)
  • Strong written and verbal communication skills&

 Reasonable Accommodation: Covaris is committed to the spirit and the letter of the Americans with Disabilities Act.  All requirements are subject to possible modification to reasonably accommodate otherwise qualified individuals.