Specialist, Accounts Receivable

Velocity Clinical Research•Durham, NC

11d

About The Position

Overview Velocity Clinical Research is an owned and integrated research site organization, providing excellence in patient care, high quality data and fully integrated research sites. At Velocity, we align our values and behaviors to give our employees the best chance of delivering on our brand promise: to bring innovative medical treatments to patients. We are committed to making clinical trials succeed by generating high quality data from as many patients as possible, as quickly as possible while providing exemplary patient care at every step. As an employee of Velocity, you are the most integral part of our mission. For talented candidates who perform at a high level, Velocity will invest to support career advancement and reward performance. Whether you are new to clinical research or are an industry veteran, we invite you to apply to Velocity. Benefits include medical, dental and vision insurance, paid time off and company holidays, 401(k) retirement plan with company-match, and an annual incentive program. Job Summary: The Accounts Receivable Specialist plays a critical role in supporting the financial health of our organization by ensuring timely and accurate billing, collections, and reconciliation of sponsor and CRO payments. This position requires strong attention to detail, excellent communication skills, and the ability to thrive in a fast-paced, deadline-driven environment. The Accounts Receivable Specialist works in partnership with Accounts Receivable leadership and other Accounting Staff to execute accounting functions of the company as directed. Responsibilities include invoicing, applying payments, and collecting outstanding balances on a per clinical research study basis. This role will be assigned dedicated accounts and is responsible for maintaining an AR aging average as well as maximizing revenue for those accounts.

Requirements

Extreme attention to detail
Working knowledge of Excel
Strong communication, problem solving, analytical, organizational, and time management skills.
Adaptable to process and system improvements.
Proactive in identifying inefficiencies and ability to conceptualize potential solutions.
Associate degree or higher in accounting or equivalent years of experience in related field preferred
Specialist I: Minimum of 2 years’ experience in accounts receivable
Specialist II: 3 to 5 years’ experience in accounts receivable

Responsibilities

Invoice for billable items according to a contract
Record and reconcile sponsor (customer) payments.
Collect any outstanding invoices, ensure AR aging balance meets or exceeds Velocity’s directives.
Work closely with clinical research sites to ensure all revenue is captured & invoiced
Project-based work as needed – may need to assist with clients/accounts that aren’t assigned to you.
Meet end of month deadlines
Other duties as assigned