Accounts Receivable Specialist
Over the next 10 years, biotech will fundamentally rewrite the way we live. Gene editing and cell therapy will dramatically change how we treat cancer and other major illnesses. Biofuels and biomaterials will transform the cars we drive, the clothes we wear, and the makeup of everyday objects. Crop science and synthetic biology will produce sustainable and ethical food. Benchling’s mission is to accelerate the research that propels us towards this future, and magnify its impact, through modern software.
Every day, scientists around the world use Benchling in their efforts to solve humanity's most pressing problems. For these scientists, Benchling is the central technology they use to conduct their research.
Benchling was founded by a team of MIT graduates and has raised funding from Benchmark, Andreessen Horowitz, Thrive Capital, and Y Combinator. Our customers include pharmaceutical giants, leading biotechs, and the world's most renowned research institutes.
We are looking for an Accounts Receivable Specialist who will be leading the Order to Cash process: order management, invoicing, collection, and recording payment. We are looking for an individual with an accounting degree and strong understanding of GAAP. If you are attentive, a self-starter, collaborative, curious and enjoy challenges, we would love to meet you!
RESPONSIBILITIES
- Perform full cycle accounts receivable functions.
- Maintain master customer and contract files and documents. Review sales order forms and related legal documents (e.g. MSA, PO) for key terms affecting billing and collection, and to identify and communicate other financial, accounting and legal implications.
- Coordinate with the Sales Ops department and Account Executives in validating data integrity within Salesforce against the contracts and tracking renewal and upsell opportunities.
- Update and maintain billing and collection forecasts and schedules. Attain all information pertaining to billing and manage the AR Aging report for daily billing and collection efforts.
- Be the primary point of contact for the AR team, internally and externally, to resolve any billing issues.
- Identify and post job-specific journal entries. Perform monthly reconciliations and analysis on accounts receivable and reserve for bad debt expenses as part of month/quarter/year-end financial close and reporting processes.
- Participate in “order to cash” process improvement design and execution in accordance with the company’s policies.
- Lead or assist in special projects as needed (e.g. audits, system implementation, etc.).
- Ensure that all activities related to this job position are accomplished in an ethical, prudent and secure manner.
QUALIFICATIONS
- BS/BA in Accounting or equivalent with solid understanding of GAAP.
- 1-2 years of experience in an Accounts Receivable role is preferred.
- Proficiency in MS Office Suite with intermediate skills in Excel including VLOOKUP, if functions, pivot tables, etc. is strongly preferred.
- Working proficiency in NetSuite and Salesforce a plus.
PERSONAL ATTRIBUTES
- Analytical, motivated, and a self-starter.
- Able to identify and report relevant issues to management for timely and accurate resolution.
- Excellent organizational skills and attention to detail. Must be able to prioritize tasks to meet deadlines and demands.
- Versatile, enjoys working in a fast paced environment and managing multiple projects and tasks.
- Able to communicate effectively with teammates and various levels of management as well as external contacts.
- Reliable with a strong work ethic.
- Demonstrates professionalism and maturity in handling confidential information.
OUR VALUES
- Empower through information. We explain the “why” behind every decision, unless there are highly sensitive circumstances. We're honest about how we're doing, especially in difficult times. We believe that sharing information builds trust and enables better decision-making.
- Rely on tenacity. Hard work is one of the greatest factors to determine success and is fully under our control. We must make the most of every day by bringing the highest level of determination. Dreaming big is not enough.
- Raise the bar. Pushing ourselves and others to improve will be uncomfortable and at times result in failure. However, it's critical to our success. We're dedicated to creating a place where everyone feels challenged to improve.
- Build a lever. We choose to build tools and infrastructure that will help others make world-changing innovations. There's less glory in it, but in the words of Archimedes, "Give me a lever long enough and a fulcrum on which to place it, and I shall move the world."
PERKS AND BENEFITS
- Monthly health & wellness stipend
- Work with a talented yet humble team
- Meals and snacks covered
- 401k
- Medical, dental, and vision insurance
- Commuter benefits
- Happy hours, company and team wide social events
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.