BioLife Solutions is repeatedly named one of
Washington’s 100 Best Companies to Work For, a list curated by Seattle Business Magazine. We welcome you to apply to join our dynamic, high-energy team. Here you will find a performance-based, family-oriented environment where authentic communication and treating colleagues with respect are required. Our employees receive a competitive benefits package, which includes generous company stock awards and a 401k matching program.
BioLife Solutions is a leading developer, manufacturer and supplier of class-defining cell and gene therapy bioproduction tools and services. Our solutions facilitate basic and applied research and commercialization of new therapies by maintaining the health of biologic source material and finished products during manufacturing, storage, and distribution. Our solutions offer commercial companies and clinical researchers significant improvement in shelf life and post-preservation viability and function of biologic materials. Our tools portfolio includes our proprietary, serum-free and protein-free, fully defined CryoStor® freeze media and HypoThermosol® shipping and storage media, ThawSTAR® family of automated, water-free thawing products, evo® cold chain management system, and Custom Biogenic Systems high-capacity storage freezers. Services include SciSafe biologic and pharmaceutical materials storage. For more information, please visit: www.biolifesolutions.com.
General Summary and Purpose: The Accounts Receivable & Cash Manager is responsible for the overall invoicing, collection and cash application activities and timely management of all AR aging components. The Accounts Receivable Manager will also maintain and improve sustained cash flow through diligent and aggressive monitoring of our customer accounts. This role will manage the team and process, prepare and post journal entries, reconcile accounts, administer banking, and provide sound financial statistics. This role may independently verify, investigate, and solve any transactional accounting related issues or problems.
Duties And Responsibilities
- Supervise and oversee the daily operations of the Accounts Receivable and Cash team, as well as various general ledger activities.
- Execute required review and approval of invoices over services and rental invoices.
- Collect accounts by maintaining systematic dunning practices that may include contacting customers; investigating circumstance of non-payment; negotiating and resolving issues; expediting payment.
- Review, assess and determine credit and term limits for approval of new customers. Serves as key contact with credit checks provider.
- Collaborate with accounting to maintain pools of uncollectible accountsfor proper recording of credit loss allowance.
- Monitor the daily application of cash receipts and month end cash reconciliations process. Reports cash periodically to management.
- Administer banking for all subsidiaries ensuring proper segregation of duties, positive pay, responding to bank’s request, supporting Controller and CFO with appropriate related reporting.
- Ensure effective financial internal controls and implement new controls and/or control systems related to AR billing & collections subsystems.
- Support financial planning by forecasting cash receipts.
- Coordinate and facilitate the annual audit process with external auditors.
- Work closely with other departments, such as Finance, Customer Care, Sales, and Operations.
Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Job Requirements
- Ability to prioritize tasks and accomplish them in a detailed, timely manner.
- Ability to manage multiple tasks and projects simultaneously, while maintaining a high-level organization customers.
- Ability to accurately knowledge to research and resolve accounting issues.
- MS Office products proficiency and an ability to quickly learn accounting software.
- Open to change and willing to learn new skills.
Job Specifications
Required Experience
- 5+ years of AR experience
- Strong written and oral communication skills
- Proficient with Microsoft Outlook and Excel
- QuickBooks Enterprise experience
Preferred Experience
- Bachelor’s or Associate Degree preferred o Proficient in Net Suite and Microsoft Office Suite
- Solid understanding of GAAP
BioLife Solutions is an equal opportunity employer. All qualified applications will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status.
BioLife Solutions provides a substance-free workplace, and all offers of employment will be contingent on opiate drug test and background check.
The US base salary range for this position at full-time $93,550 -$149,680 per year. Our salary ranges are determined by position, level, location, and market competitive benchmarks. Individual pay within a level is determined by work location (including geographic pay zone region), job related skills, experience, education, and training.
The BioLife Solutions total rewards program includes, but is not limited to medical, dental, vision, 401K with generous match, life and disability insurance as well as time off programs of Vacation and Sick time. Additionally, we believe in our team members sharing the success of our business and therefore we may provide cash bonus or stock equity grants based on company performance as a part of our total rewards package.