Accounts Receivable Accountant
Full-time
Description
BioStem Technologies is a leading medical technology company focused on advanced wound care and regenerative medicine. We develop and commercialize placental tissue allografts, cutting-edge wound care products, and surgical solutions aimed at improving patient outcomes.
Position Summary:
The Accounts Receivable Accountant plays a dual role: managing the day-to-day operations of accounts receivable while also supporting broader accounting functions. This position is essential for maintaining strong cash flow, ensuring accurate financial reporting, and supporting month-end and year-end close processes. The ideal candidate brings strong AR expertise with solid general accounting knowledge, allowing them to step into journal entry preparation, reconciliations, and other accounting tasks as needed.
Essential Duties and Responsibilities:
Accounts Receivable
- Accurately process, post, and reconcile customer invoices in the accounting system.
- Proactively follow up on outstanding receivables to ensure timely collections.
- Reconcile accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Generate and distribute customer statements, ageing reports, reminders for past due invoices.
- Resolve any billing issues or disputes with customers.
- Partner with internal teams to develop and implement process improvements to enhance efficiency and accuracy.
General Accounting & Reporting
- Assist with month-end and year-end closing procedures, including AR, and other account reconciliations as assigned.
- Post adjusting entries during month-end and year-end closing.
- Support budgeting and forecasting by providing AR and other financial data as requested.
- Assist with internal and external audits by preparing AR schedules, reconciliations, and supporting documentation.
Requirements
- Associate’s or Bachelor’s degree in Accounting, Finance, or related field preferred
- 2+ years of experience in accounts receivable, accounting, or related financial role. Experience in healthcare or manufacturing is a plus.
- Familiarity with ERP/accounting systems (NetSuite preferred).
- Proficiency in Microsoft Excel and other Office applications.
- Strong attention to detail and problem-solving abilities.
- Ability to manage multiple priorities and meet deadlines.
- Effective communication skills, both written and verbal.
- High level of integrity and ability to maintain confidentiality.
In addition to competitive compensation, we offer a comprehensive benefits package including:
- Opportunities for professional growth and development
- A dynamic and supportive work environment
- 401K plan with employer match
- Major medical insurance
- Company paid dental and vision insurance.
- Company paid holidays.
- Generous paid time off allowances
- Employee recognition programs and events
BioStem Technologies Inc. is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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