The Sponsored Receivables Accountant I (SRAI) serves as the resource for monthly invoicing, AR follow-up, PMS drawdown requests, and earned milestone revenue recognition processes related to grants, contracts, clinical trials, and sponsored programs from federal, industry, state, and non-profits. This position works with internal and external stakeholders ensuring revenue, receivables, and fund balances are accurately recorded and reported in a timely manner and in accordance with generally accepted accounting principles (GAAP).
Responsibilities
1. 60%: Invoicing and Billing Management (including, but not limited to, billing and invoicing, interpreting open AR balance follow-up requests for payment, preparing credit memos/refunds due to sponsors)
2. 35%: Maintain cumulative milestone cash receipts workbook, process earned milestone revenue, and analysis of milestone revenue to cash receipts.
3. 5%: Preparing monthly PMS drawdown requests.