Key Responsibilities:
- Performing various accounting functions on US clients files including posting and reconciling Accounts Receivables, Accounts Payable, Bank and Credit Card transactions, Payroll, general Journal entries etc.
- Supporting Life Sciences–specific accounting such as R&D expense tracking, clinical trial accruals, grant accounting, and deferred revenue.
- Preparing workpapers, accounting schedules and extracting and preparation of various management reposts per clients needs.
- Reviewing work of Staff and providing constructive feedback.
- Learning new software and develop new technological skills required to perform accounting and financial reporting.
- Work allocation as per the staff availability & competency.
- Helping Staff to up-skill themselves through proper guidance.
- Adhering to deadlines of the tasks assigned and keeping the reviewer updated on the progress.
- Self-reviewing work for accuracy and completeness to ensure quality product before submitting to reviewer/manager.
- Preparation of SOP for the task assigned and updating the same on regular intervals.
- Adhere to Internal policies, procedures, and controls.
- Work with both India-based and US-based staff on an ongoing basis to collaborate on performing transactional activities, technical accounting activities & reporting activities.
Required Skills & Qualifications:
Technical:
- Chartered Accountant/CPA OR Masters Degree with 2+ years of experience in Life science accounting, preferably US geography.
- Prior experience supporting Life Sciences clients (biotechnology, pharmaceutical, clinical research organizations, or medical device companies) is strongly preferred.
- Preferred experience of R&D Expense accounting, Functional expense classification (R&D vs G&A), Pre-revenue / development-stage accounting concepts, Management reporting for biotech executives.
- Strong conceptual accounting knowledge with sound ability on application of US GAAP including revenue recognition (ASC 606), R&D cost accounting, and accruals.
- Tech Savvy and well acquainted with software/applications like Excel, Word, QBO & Bill.com.
- Have strong time management and organizational skills.
- Should have used at least 1 videoconferencing software (e.g. – MS Teams, Zoom).
- Be a self-starter, highly collaborative, creative, outgoing, and possesses strong financial analysis, modeling, and valuation skills.
- Have strong qualitative and quantitative research and analytical abilities.
- Good written and spoken communication skills.
- Be able to work as a part of a team, follow instructions and have excellent work ethics.
Administrative:
- Complies with Firm/BPO department policies.
- Uses down time effectively and complying with Firm's CPE requirement.
- Well-organized with ability to prioritize.
