Junior Accountant Consultant

Scilex Holding•Palo Alto, CA

22h

About The Position

Consultant position - 30 hours per week with health and 401(k) benefits. Role and Responsibilities: Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared. Maintain and reconcile customer accounts, set up new customers and credit limit. Perform daily cash management duties, including the recording of bank deposits, wire/ACH payments, and posting of cash to the AR sub-ledger. Monitor and collect accounts receivable by contacting customers via telephone and email. Download gross sales report from 3PL system and import it to NetSuite using csv import. Prepare invoices and AR payment deductions journal entries for chargeback, chargeback rejection, return and service fees. Prepare AR weekly reports. Prepare monthly inventory adjustments and inventory accounts reconciliation. Analyzes, researches, and reconciles past payments. Maintains and reconciles A/R aging reports, check registers, and A/R journals. Responsible for Accounts Receivable month-end close procedures such as cash discounts and credit card fees journal entries. Prepare journal entries, account reconciliations and fluxes as part of month/quarter/year end reporting. Assist Management with various special projects and ad hoc reporting. Assist with preparation of documentation for the annual audit. Qualifications and Education Requirements: Candidates should be in their senior year of college or recent graduates with a bachelor's or above in Accounting. Proficient in Microsoft Outlook, Word, Excel and NetSuite preferred. Preferred Skills: Demonstrated written and verbal communication. Knowledge of automated financial systems. Strong integrity and professionalism. Good judgment and experience in solving problems. Ability to contribute to and work within a cross-functional team. Ability to work effectively in a fast-paced environment with multiple deadlines and frequently changing priorities. Must possess the ability to take initiative to complete assignments and job responsibilities with minimal supervision. Highly organized with a strong attention to detail, clarity, accuracy, and conciseness.

Requirements

Candidates should be in their senior year of college or recent graduates with a bachelor's or above in Accounting.
Proficient in Microsoft Outlook, Word, Excel and NetSuite preferred.

Nice To Haves

Demonstrated written and verbal communication.
Knowledge of automated financial systems.
Strong integrity and professionalism.
Good judgment and experience in solving problems.
Ability to contribute to and work within a cross-functional team.
Ability to work effectively in a fast-paced environment with multiple deadlines and frequently changing priorities.
Must possess the ability to take initiative to complete assignments and job responsibilities with minimal supervision.
Highly organized with a strong attention to detail, clarity, accuracy, and conciseness.

Responsibilities

Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.
Maintain and reconcile customer accounts, set up new customers and credit limit.
Perform daily cash management duties, including the recording of bank deposits, wire/ACH payments, and posting of cash to the AR sub-ledger.
Monitor and collect accounts receivable by contacting customers via telephone and email.
Download gross sales report from 3PL system and import it to NetSuite using csv import.
Prepare invoices and AR payment deductions journal entries for chargeback, chargeback rejection, return and service fees.
Prepare AR weekly reports.
Prepare monthly inventory adjustments and inventory accounts reconciliation.
Analyzes, researches, and reconciles past payments.
Maintains and reconciles A/R aging reports, check registers, and A/R journals.
Responsible for Accounts Receivable month-end close procedures such as cash discounts and credit card fees journal entries.
Prepare journal entries, account reconciliations and fluxes as part of month/quarter/year end reporting.
Assist Management with various special projects and ad hoc reporting.
Assist with preparation of documentation for the annual audit.