Title: Senior Accountant
Department: Finance
Reports to: Asst. Controller
Location: Greenwich, CT
SUMMARY:
Responsible for participating in monthly financial closings, financial reporting packages, reconciliations and analyses.
Senior Accountant – Revenue & Cost of Service is responsible for billing, invoicing, revenue recognition, cost of service accounting, and related financial reporting. This role ensures compliance with applicable accounting standards (e.g., ASC 606), supports accurate margin analysis, and partners cross-functionally to improve financial visibility and operational efficiency.
ESSENTIAL FUNCTIONS:
- Prepare and record monthly journal entries and general ledger account analyses including supporting schedules
- Production and issuance of monthly invoices and billing of Accounts Receivable
- Assist in month end close process
- Assist in preparing monthly financial reports
- Manage A/R collections and monthly A/R Dashboard report
KEY RESPONSIBILITIES:
Revenue Accounting
- Manage and execute revenue recognition in accordance with ASC 606
- Review customer contracts to determine appropriate accounting treatment
- Prepare and record revenue-related journal entries and reconciliations
- Maintain revenue schedules, including deferred revenue and unbilled receivables
- Ensure accuracy and completeness of revenue reporting in monthly close
Cost of Service Accounting
- Analyze and account for cost of service (COS), including third-party service costs
- Prepare COS accruals and ensure proper expense classification
- Monitor cost trends and partner with operations to explain variances
- Support gross margin analysis and reporting
Billing & Invoicing
- Oversee the end-to-end billing process, ensuring accuracy and timeliness
- Review customer contracts and ensure invoices are aligned with agreed terms
- Resolve billing discrepancies and coordinate with internal stakeholders
- Continuously improve billing processes and controls
Accounts Receivable & Collections
- Monitor accounts receivable aging and ensure timely collections
- Develop and implement effective collection strategies
- Follow up with customers on outstanding balances and resolve payment issues
- Assess risk and recommend appropriate actions
- Reconcile AR accounts and ensure proper documentation
 Month-End Close & Reporting
- Lead key aspects of the monthly, quarterly, and annual close processes
- Prepare account reconciliations and flux analyses for revenue and COS accounts
- Ensure timely and accurate financial reporting
- Support preparation of financial statements and internal management reports
Analysis & Business Partnering
- Provide insights into revenue trends, pricing, and cost efficiency
- Partner with Strategic Account Team, Operations, and FP&A on cost management
- Support budgeting and forecasting processes for revenue and COS
Compliance & Controls
- Ensure adherence to internal controls and accounting policies
- Assist with audits by preparing documentation and responding to auditor requests
- Identify and implement process improvements to enhance efficiency and accuracy
QUALIFICATIONS
- Bachelor’s degree in Accounting
- 4–7+ years of accounting experience, with focus on revenue and/or cost accounting
- Strong knowledge of ASC 606 and revenue recognition principles
- Experience with ERP systems (e.g., NetSuite, SAP, Oracle)
- Advanced Excel skills (e.g., pivot tables, lookups, data analysis)
KEY SKILLS AND COMPETENCIES
- Strong analytical and problem-solving skills
- High attention to detail and accuracy
- Ability to manage multiple priorities and meet deadlines
- Excellent communication and cross-functional collaboration skills
- Continuous improvement mindset
PREFERRED EXPERIENCE
- Experience in healthcare, managed care of pharmaceutical industries is desirable
- Familiarity with membership-based or usage-based revenue models
- Exposure to margin analysis
- Ability to manage multiple priorities in a fast-paced environment
WORK ENVIRONMENT
- Collaborative, cross-functional team environment
- Opportunity to contribute to process improvements and system enhancements