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Accounts Receivable Specialist I

Job Summary:

Accounts Receivable Specialist will work collaboratively in a team environment in effort to successfully conduct accurate and timely close of revenue and accounts receivable.  NanoString Technologies is looking for a candidate with excellent problem-solving capabilities, and ability to multi-task and prioritize in a fast-paced environment.  A strong candidate will have significant involvement in the full accounts receivable cycle from invoicing to cash application, and will work closely with customer, inside sales, sales order administration, and revenue teams to ensure revenue and accounts receivable is recorded and accounted for properly. Accounts Receivable Specialist should be highly detailed-oriented, possess excellent communication skills and highly-energetic in a dynamic and evolving professional environment.            

Essential Duties:

  • Develop skilled understanding of customer base.
  • Collaborate with Manager, Revenue Accounting and Assistant Controller to complete credit analysis and review of new customers.
  • Post daily receipts on a timely basis to ensure accurate accounts receivable balances.
  • Investigate and resolve billing discrepancies or misapplied cash transactions.
  • Improve Company’s DSO through diligent follow-up with customer accounts to minimize items over 60 days outstanding.
  • Process invoice, credit memo and journal entry revenue transactions.
  • Participate in the accounting close process, which includes preparation of monthly reconciliations, related analysis, and ad hoc reporting.
  • Compile and review of completeness of monthly revenue journal entries.
  • Monitor and respond to various daily requests from internal and external customers via e-mail and phone.
  • Work with internal departments to develop and improve processes, procedures, and controls within revenue and accounts receivable processes.
  • Compile audit PBC requests and selections to support internal and external audits.

Requirements:

  • 1-2 years of Invoicing and Accounts Receivable, biotech or related industry revenue recognition experience
  • Knowledge of US GAAP revenue standards and related pronouncements and experience in their application for revenue recognition
  • Proficiency in Microsoft Office products with advanced Excel skills

Other:

  • See benefits at NanoString
  • NanoString is an EOE
  • NanoString participates in E-Verify. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the USCIS E-Verify website.

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