Avid Bioservices · 7 hours ago
Jr. Project Accountant
Tustin, CA
Full-time
Onsite
Entry Level
$21/hr - $28.12/hr
2+ years expAvid Bioservices is a leading clinical and commercial biologics CDMO focused on creating innovative solutions to meet the needs of clients and improve patient outcomes. The Jr. Project Accountant role is central to project accounting operations, involving the processing of vendor invoices and collaboration with Project Managers to ensure smooth accounting tasks from project initiation to completion.
BiotechnologyHealth CareMedical
Responsibilities
Partner closely with Project Managers to oversee the entire accounting spectrum of projects from inception to closure, owning the necessary systems for accurate execution
Scrutinize project work hours to determine requisite reclassifications from client deposit to deferred revenue and assist in the weekly reclass of hours
Generate supportive invoices and compile crucial information for both internal and external auditors as well as clients upon request
Conduct weekly reviews of production schedules to ensure timely billings and follow through on collections, securing expected payment dates from clients fortnightly post-invoice issuance
Submit weekly reports on outstanding accounts receivables to Project Account Managers (PAM) & Controller and liaise with clients and Project Managers regarding unsettled invoices
Foster a collaborative environment by understanding and supporting the tasks of other project accounting team members as needed
For Accounts Payable, you will:
Accurately process all invoices associated with client projects and inventory, ensuring proper coding of relevant project codes
Validate inventory receipts by reviewing unit of measure (UOM), packing slips, invoices, and the historical weighted average cost for products/items
Prepare monthly manual accruals for 3-way receipts and probe into any unbilled project expenses to assure accurate coding
Qualification
Required
Associate's degree (A.A.) and 2+ years of related experience and/or training; or equivalent combination of experience and education
Accounting systems and SOX Documentation/compliance experience
Intermediate MS Excel skills with the ability to do formulas like v-lookup, sumif/sumifs
Experience vouchering invoices with two-way matching (invoice/PO) and three-way matching (invoice, PO and product receipt)
Experience with and understanding of A/P accruals
Ability to make recommendations for A/P process improvements/efficiencies
Benefits
Health, dental, and vision insurance
401(k) matching
Paid time off
Company
Avid Bioservices
Avid Bioservices' expansion will double existing capacity to service both a $40m backlog and its owner Peregrine.
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
$285M2024-11-06Private Equity
2024-11-06Acquired
2024-03-06Post Ipo Debt· $160M
Leadership Team
Kenneth Bilenberg
President & Chief Executive Officer
Richard McAvoy
Chief Business Officer
Recent News
2026-01-17
2026-01-16
2025-11-13
Company data provided by crunchbase