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About MMIT:
MMIT, a company, is focused on solving the “what and why” of market access, and has been a trusted, go-to-market partner to more than 1,300 biopharma and payer customers for nearly three decades. MMIT believes that patients who need life-saving treatments should not face delays because accessing drugs can be confusing. MMIT’s expert teams of clinicians, data specialists and market researchers provide clarity and confidence so that our clients can make better decisions. For more information, visit and follow us on .
Job Description
The Accounts Receivable Manager will play an integral role assisting with Norstella’s order-to-cash process. This person will work together with other members of the Billings & Collections, Revenue and Controllership teams as well as collaborate with other departments as it relates to their job function. This position will report to the Controller.
Responsibilities:
- Set objectives for the accounts receivable team that align with the Finance department’s goals
- Develop and administer high-quality, scalable processes to ensure that invoice generation and collection of payments are performed timely, accurately, and completely
- Negotiate with clients in non-payment cases, as needed
- Prepare and update weekly scheduled billing reports and expecting cash receipts reports to be used for weekly cash forecasting
- Lead weekly team meetings to assess A/R collection status and resolve issues
- Prepare monthly reconciliation of accounts receivable subledger to the general ledger
- Prepare monthly reconciliation of other accounts receivable accounts including the unapplied cash account
- Prepare monthly journal entries as part of the monthly close process
- Prepare monthly, quarterly, annual and ad-hoc reports
- Organize records of lockbox and remote deposits
- Support billings and collections team on a daily basis and train new team members
- Ensure all team members follow Generally Accepted Accounting Principles
- Stay updated on industry and legislative changes
- Conduct credit checks, as needed
- Assist with annual financial statement audit, including providing detail for auditors selections and preparation of requested material
Requirements
Requirements
- 3 to 5 years accounts receivable experience with at least 2 years in a managerial capacity
- Bachelor’s degree in accounting, finance, or related field preferred, but not required
- Must possess strong verbal and written communication skills along with the ability to multi- task, prioritize, and manage time effectively
- Must possess knowledge of accrual accounting and basic accounting principles
- Accurate, organized and detail oriented with exceptional follow up skills
- Ability to supervise and direct billings and collections team to complete necessary daily, weekly, and monthly responsibilities
- Ability to work with limited supervision
- Must be able to maintain confidentiality of information
- Must possess a strong ability to identify and resolve problems independently
- Must have strong functional knowledge of ERP systems (preferably Zuora Billing and Intacct), and Microsoft Office Suite
- Must possess intermediate to advanced skills in Microsoft Excel (VLOOKUP, Pivot Tables, SUMIFS, at a minimum)
- Experience with complex system migrations and integration is preferred
Benefits
WHAT WE OFFER YOU
- Medical and prescription drug benefits
- Health savings accounts or flexible spending accounts
- Dental plans and vision benefits
- Basic life and AD&D Benefits
- 401k retirement plan
- Short and Long Term Disability
- Education benefits
- Maternity leave
- Paid parental leave
- Paid time off
MMIT is an equal opportunities employer and do not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age. Our ethos is to respect and value people’s differences, to help everyone achieve more at work as well as in their personal lives so that they feel proud of the part they play in our success. We believe that all decisions about people at work should be based on the individual’s abilities, skills, performance and behaviour and our business requirements. MMIT operates a zero tolerance policy to any form of discrimination, abuse or harassment.
