Financial Analyst

Posted 19 Hours Ago
Be an Early Applicant
Durham, NC
64K-88K Annually
Mid level
Biotech
The Role
The Financial Analyst will conduct financial analysis, support month-end close processes, perform account reconciliations, and handle billing issues. Responsibilities include preparing invoices, maintaining customer records, collaborating with accounting teams, and implementing ERP systems. The role requires reviewing billing data, generating reports, and providing customer service.
Summary Generated by Built In
This role is a hybrid position based in Durham, North CarolinaResponsibility 
  • Conduct financial analysis to support business decisions. 

  • Develop workpapers and documentation comply with USGAAP standards. 

  • Assist with the month-end close process. 

  • Perform and review account reconciliations.

  • Take on various ad hoc accounting projects.

  • Perform on-demand analysis over financial data. A

  • Monitor the credit situation of existing customers and provide insights 

  • Prepare and issue accurate invoices to customers via emails or upload portal based on contract terms and services rendered. 

  • Review and verify billing data provided by project managers and supply chains to ensure accuracy and completeness. 

  • Resolve billing discrepancies and disputes in a timely manner. 

  • Collaborate with the accounting and project managers to ensure seamless invoicing and revenue recognition. 

  • Maintain and update customer billing records and databases. 

  • Perform regular audits of billing processes and records to identify and correct any errors. 

  • Generate reports on billing activities, outstanding balances, and collection status. 

  • Assist with month-end closing activities and reconciliations related to billing, accounts receivable, unbilled accounts receivable, and unearned revenue. 

  • Respond to customer inquiries regarding billing issues and provide exceptional customer service. 

  • Support the implementation of new ERP systems and processes as needed.  

  • Manage/perform project closeouts and reconciliations. 

  • Prepare supporting files for internal and external audit 

  • Manage/update contract values in the ERP system for new contracts and any changes in contract values. 

MINIMUM REQUIREMENTS 

Knowledge, Skills, Abilities 

Education: 

  • Bachelor’s degree in Finance, Accounting or a related field preferred.  

Experience: 

  • Minimum of 3-5 years of experience in Billing, Accounts Receivable, and analysis. 

  • Knowledge of accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles. Familiarity with financial software and systems (e.g., SAP) is a plus. Ability to work with large data sets to identify and analyze billing information. Strong proficiency in Microsoft Excel and financial modeling. Knowledge of Power BI will be a plus. Experience in the pharmaceutical/biotech industry preferred. Experience in Dynamics Great Plains, SAP or other ERP software desirable. Excellent analytical, problem-solving, and critical-thinking skills. 

  • Work requires professional written and verbal communication and interpersonal skills. Ability to work within tight timeframes and simultaneously manage several projects. Ability to participate in and contribute to group meetings.  

Salary range: $64,014 - $88,020

Salary range provided per current averages and expectations. The salary and job title for this opening will be based on the selected candidate’s qualifications and experience and may be outside this range. KBI has a robust total rewards strategy which includes an annual bonus structure for all employees, medical, dental, and vision coverage, paid PTO and holidays, 401K matching with 100% vesting in 60 days and employee recognition programs.

KBI Biopharma is committed to providing a safe and healthy workplace. Any employee entering a KBI site located in the US must inform KBI Biopharma of their vaccination status and must submit their vaccination status. All vaccinated employees are required to provide proof of their COVID-19 vaccination, with a COVID-19 vaccination which has been granted FDA approval or Emergency Use Authorization.

KBI Biopharma, Inc. is an EEO/AA employer and actively seeks to diversify its work force. Therefore, all qualified applicants, regardless of race, color, national origin, religion, gender, gender identity, sexual orientation, age, disability or veteran status, are strongly encouraged to apply.

I understand that neither the completion of this application nor any other part of my consideration for employment establishes any obligation for KBI Biopharma, Inc. to hire me. If I am hired, I understand that either KBI Biopharma, Inc. or I can terminate my employment at any time and for any reason, with or without cause and without prior notice. I understand that no representative of KBI Biopharma, Inc. has the authority to make any assurance to the contrary.

I attest with my signature below that I have given to KBI Biopharma, Inc. true and complete information on this application. No requested information has been concealed. I authorize KBI Biopharma, Inc. to contact references provided for employment reference checks. If any information I have provided is untrue, or if I have concealed material information, I understand that this will constitute cause for the denial of employment or immediate dismissal.

Top Skills

Dynamics Great Plains
Excel
Power BI
SAP
The Company
Boulder , CO
1,282 Employees
On-site Workplace
Year Founded: 1996

What We Do

KBI Biopharma is an award-winning biopharmaceutical contract services organization providing fully-integrated, accelerated drug development and biomanufacturing services to pharmaceutical and biotechnology companies globally.

With each of our 500+ client partners, we have worked closely to personalize and rapidly accelerate their drug development programs. Built upon a foundation of world-class analytical capabilities, we deliver efficient process development and clinical and commercial cGMP manufacturing services for mammalian, microbial, and cell therapy programs.

KBI is proud to be a JSR Life Sciences Company.

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