Position Summary
The Staff Accountant is responsible for supporting the Company's accounting operations through a combination of general accounting, financial close, and accounts receivable responsibilities. This role plays a key part in the monthly close process by preparing journal entries, performing account reconciliations, analyzing financial data, and ensuring the accuracy and completeness of the Company's financial records in accordance with U.S. GAAP.
In addition, the Staff Accountant supports the Company's order-to-cash process, including customer invoicing, collections, cash application, and receivables analysis. The role partners closely with Finance, Sales, Customer Success, and other cross-functional teams to promote accurate financial reporting, timely collections, and effective cash flow management.
The Staff Accountant reports directly to the Accounting Supervisor and works closely with the Senior Accounting Manager and Controller, providing broad exposure to the accounting organization and opportunities for professional growth and development.
Responsibilities
- Prepare journal entries and supporting documentation as part of the monthly, quarterly, and annual financial close process
- Prepare and maintain balance sheet account reconciliations, investigating and resolving reconciling items on a timely basis.
- Analyze general ledger activity and account balances to ensure transactions are recorded accurately and exercises professional judgement in accordance with U.S. GAAP and Company policies related to accounting transactions.
- Assist with financial reporting, audit support, and other accounting projects as assigned. Analyzes financial results and identifies accounting issues requiring research and resolution.
- Identify and implement process improvements to enhance efficiency, accuracy, and internal controls.
- Collaborate cross-functionally with Finance and other departments to support business objectives.
- Manage the full-cycle accounts receivable process, including invoicing, collections, and cash application.
- Prepare customer invoices and review sales orders, purchase orders, and invoices for accuracy.
- Analyze customer cash activity, prepare related accounting entries and reconciliations, and resolve complex discrepancies to ensure accurate financial reporting.
- Analyze customer payment trends, evaluate delinquent accounts, and recommend collection strategies and reserve adjustments as appropriate.
- Evaluate collectability of receivables and recommend bad debt reserve and write-off adjustments based on professional accounting judgment.
- Review credit memos and make recommendations ensuring appropriate support and documentation is maintained.
- Prepare accounts receivable analyses and forecasting in support of the Company's short-term cash forecasting process by monitoring expected customer collections.
- Lead accounts receivable and order-to-cash process improvement initiatives and projects as needed.
General Accounting
Accounts Receivable & Cash Management
Qualifications
- Bachelor's degree in Accounting, Finance, Economics, or a related business discipline required.
- 3+ years of progressive accounting or finance experience.
- Experience supporting the monthly financial close process, including preparing journal entries and account reconciliations.
- Working knowledge of U.S. GAAP and the ability to apply Generally Accepted Accounting Principles.
- Accounts receivable experience, including billing, cash application, or collections, preferred.
- SAP experience preferred.
- Must be able to adapt to new and different computer programs and software to enable efficient data gathering and analysis.
- Ability to research, compile, analyze, and interpret financial data.
- Strong written, verbal, communication, and collaborative skills.
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
- Strong organizational skills with exceptional attention to detail.
- Ability to work cross-functionally across several departments.
Skills Required
- Bachelor's degree in Accounting, Finance, Economics, or related discipline
- 3+ years of progressive accounting or finance experience
- Experience supporting monthly financial close, preparing journal entries and account reconciliations
- Working knowledge of U.S. GAAP
- Accounts receivable experience (billing, cash application, collections)
- SAP experience
- Ability to adapt to new computer programs and software
- Ability to research, compile, analyze, and interpret financial data
- Strong written, verbal, communication, and collaboration skills
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications
- Strong organizational skills with exceptional attention to detail
- Ability to work cross-functionally across several departments
What We Do
Rapid Micro Biosystems is an innovative life sciences technology company providing mission-critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products such as biologics, vaccines, cell and gene therapies, and sterile injectables. We are the trusted partner in quality control microbiology automation, enabling our customers to improve and save lives. This vision has been realized with the development of the Growth Direct® System. Our Growth Direct® platform automates and modernizes the antiquated, manual quality control microbiology testing workflows used in the largest and most complex pharmaceutical manufacturing operations across the globe. The Growth Direct® platform brings the quality control lab to the manufacturing floor, unlocking the power of in-line/at-the-line QC automation to deliver faster results, greater accuracy, increased operational efficiency, better compliance with data integrity regulations, and quicker decision making that customers rely on to ensure safe and consistent supply of important healthcare products. Our company values guide us in our vision: Customer Driven – We are committed to providing our customers with the highest quality products and services Respect – We welcome and embrace our differences to create a trusting environment Grit – We are determined to turn challenges into successes. One RMB – We operate as one team, committed to our shared purpose. The company is headquartered and has U.S. manufacturing in Lowell, Massachusetts, and global locations in Switzerland, Germany, and the Netherlands
