The Financial Analyst manages project billing, revenue recognition, and financial analysis to ensure accurate accounting, financial performance tracking, and compliance. This role collaborates with project managers and leadership to optimize profitability and streamline financial processes.
GENERAL SUMMARY
The Staff Accountant leads project billing, revenue recognition, and project-level financial analysis. This role will ensure accurate project accounting, monitor financial performance, and provide actionable insights to optimize profitability. This role requires strong collaboration with project managers, study directors, the accounting team, and senior leadership to drive financial discipline and compliance across projects. This role requires an honest, highly analytical, and detail-oriented individual who must be a fast learner and self-motivated.
MAJOR RESPONSIBILITIES
Project Billing & Revenue Recognition
Financial Analysis & Reporting
Process Improvement & Compliance
REQUIREMENTS
The Staff Accountant leads project billing, revenue recognition, and project-level financial analysis. This role will ensure accurate project accounting, monitor financial performance, and provide actionable insights to optimize profitability. This role requires strong collaboration with project managers, study directors, the accounting team, and senior leadership to drive financial discipline and compliance across projects. This role requires an honest, highly analytical, and detail-oriented individual who must be a fast learner and self-motivated.
MAJOR RESPONSIBILITIES
Project Billing & Revenue Recognition
- Lead the end-to-end project billing process, ensuring timely and accurate invoicing in compliance with contract terms.
- Review project contracts to determine billing schedules, revenue recognition (ASC 606), and cost accruals.
- Collaborate with project managers or study directors to validate billable hours, expenses, and deliverables.
- Resolve billing discrepancies and address client inquiries related to invoices.
Financial Analysis & Reporting
- Conduct project-level P&L analysis, tracking actuals vs. budget/forecast, and identifying variances.
- Prepare monthly/quarterly financial reports for leadership, highlighting project performance, margins, and risks.
- Develop financial models to assess project profitability, resource utilization, and cost efficiency.
- Support forecasting and budgeting processes by providing project-level financial insights.
Process Improvement & Compliance
- Streamline billing and financial reporting processes to enhance efficiency and accuracy.
- Ensure adherence to internal controls, accounting policies, and SOX compliance (if applicable).
- Work closely with the accounting team to reconcile project-related GL accounts and ensure proper revenue/cost allocation.
REQUIREMENTS
Bachelor’s degree in Finance, Accounting, Business, or related field.
Experience: 3+ years in financial analysis, project accounting, or billing (experience in bio-pharma or healthcare industry is preferred).
- Proficiency in Excel (pivot tables, VLOOKUPs, financial modeling).
- Experience with ERP systems (e.g., Oracle, SAP, NetSuite) and project accounting software.
- Knowledge of ASC 606 revenue recognition standards.
- Strong attention to detail and problem-solving abilities.
- Excellent communication skills to collaborate with cross-functional teams.
- Ability to manage multiple projects and meet deadlines in a fast-paced environment.
- CPA, CMA, or MBA (or progress toward certification), preferred but not required
- Experience with Power BI, Tableau, or other data visualization tools, preferred but not required
BENEFITS
• Medical, Dental, and Vision Insurance – Biomere pays substantial portion of premium
• Health Reimbursement Arrangement (HRA) – reimbursement of first half of deductible
• Flexible Spending Accounts – Medical and Dependent Care
• Short-Term and Long-Term Disability, Life Insurance, AD&D – premiums paid by Biomere
• Vacation, Holidays, Sick/Personal Days
• 401K Plan with 5% matching
• Referral Bonus Program
• Free parking
Top Skills
Excel
NetSuite
Oracle
Power BI
SAP
Tableau
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Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.
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