Senior Accountant

The Senior Accountant at Foresight Diagnostics will own revenue accounting operations, overseeing key processes such as accounts receivable and accruals. They will also support the month-end close cycle and ensure compliance with US GAAP standards while enhancing internal accounting processes. This role will contribute significantly to audit readiness and involve cross-functional collaboration to achieve business objectives.

To apply for the Senior Accountant role at Foresight Diagnostics, candidates should hold a Bachelor’s degree in business or accounting and possess a minimum of 4 years of relevant accounting experience, particularly in revenue, accounts receivable, and month-end close processes. Knowledge of US GAAP and internal controls is essential, along with experience using Netsuite ERP, ideally with Netsuite ARM. Industry experience in biotechnology or genomics is preferable.

Foresight Diagnostics is committed to employee growth and development. In the Senior Accountant role, you will have opportunities to mentor junior staff, engage in system improvements, and proactively contribute to the company's evolving accounting practices. Our culture encourages upward mobility and recognizes high-performing individuals through significant professional development initiatives.

The working environment at Foresight Diagnostics is collaborative, fast-paced, and innovative. As a Senior Accountant, you will engage with various teams to meet both accounting and business goals, and you will enjoy a culture that promotes creativity and offers the chance to work on impactful problems in the biotechnology field.

The Senior Accountant position at Foresight Diagnostics offers an annual salary between $85,000 and $100,000, along with equity offerings. Additionally, our comprehensive benefits package includes medical, dental, vision, and generous vacation policies, which enhance the overall compensation experience for our employees.

When answering this question, highlight specific instances of managing accounts receivable and accruals processes. Discuss the systems you’ve used, like Netsuite, and how you ensured compliance with GAAP. Be prepared to detail challenges you faced and how you overcame them, emphasizing your proactive approach and results.

To respond effectively, you can discuss your familiarity with US GAAP and detail the steps you take to maintain compliance. Mention your experience in building internal controls and participating in audits. Provide examples of audits you've been part of, emphasizing your role in ensuring accuracy and adherence to standards.

When discussing this, focus on specific improvements you’ve made in past roles. Discuss how you've enhanced workflows, perhaps through automation or better documentation practices. Using measurable outcomes can strengthen your case, such as time saved or error reductions.

Demonstrate your organization and time management skills. Mention techniques you use, such as scheduling, prioritizing tasks, and communication with team members. Sharing a real-life example where you effectively managed multiple deadlines can illustrate your competence.

Describe any experience you have with system migrations or integrations. Detail your role in the implementation process, any challenges faced, and the outcomes. Highlight how you helped team members adapt to the new system, stressing your collaborative spirit.

Discuss the specific actions you took leading up to the audit, including financial statement reviews and ensuring documentation was in order. Share how you communicated with auditors and other stakeholders to facilitate a smooth audit process, sparking confidence in your preparation.

Describe the resources you utilize to stay informed about changes in accounting standards, such as memberships in professional organizations, webinars, or online courses. Highlight your commitment to continuous learning and how you implement new knowledge in your work.

Share a specific challenge, ideally related to revenue accounting or compliance, that you encountered. Discuss your problem-solving process and the outcome, emphasizing the skills you developed and how the experience improved your professional capabilities.

Discuss your strategy for onboarding, focusing on how you would introduce new hires to accounting processes, tools, and company culture. Emphasize the importance of mentoring and providing resources to ensure they feel supported and prepared to take on their roles.

Emphasize how crucial effective communication is in accounting, particularly when collaborating with cross-functional teams and during audits. Share instances where clear communication has led to successful outcomes or resolved misunderstandings, highlighting your interpersonal skills.