Accountant

Vynamic
Philadelphia, PA Full Time
POSTED ON 12/11/2023 CLOSED ON 3/18/2024

What are the responsibilities and job description for the Accountant position at Vynamic?

Accountant

Company Overview:

Vynamic, an Inizio Advisory company, is a leading management consulting partner to global health organizations across Life Sciences, Health Services, and Health Technology. Founded and headquartered in Philadelphia, Vynamic has offices in Boston, Durham NC, and London. Our purpose is simple: We believe there is a better way. We are passionate about shaping the future of health, and for more than 20 years we’ve helped clients transform by connecting strategy to action. Through a structured, yet flexible delivery model, our accomplished leaders work as an extension of client teams, enabling growth, performance, and culture. Vynamic has been recognized by organizations like Great Place to Work and Business Culture Awards for being leaders and innovators in consulting, company culture, and health.

We are proudly part of Inizio Advisory, a trusted advisor for health and life science companies that turns science into strategy, supporting execution at every stage of the product and patient journey from early commercialization to launch and beyond.

Full-time employees at Vynamic are eligible for healthcare, dental, and vision plans immediately upon joining. Vynamic has a Health Paid Time off policy to ensure team members able to live and work healthy along with parental leave, and family planning benefits through Maven. We offer a robust 401k match along with a monthly home office reimbursement, annual wellness subsidy, and an educational assistance program. This list is not comprehensive, and a complete list of benefits will be provided upon offer.

Position Overview:

The Accountant at Vynamic is responsible for preparing and organizing data, data quality, and monthly reconciliations primarily for the Accounting function and will report to the Financial Planning Lead. This person will work closely with the Finance function, Functional team members and Account Managers.

Responsibilities/Essential Functions:

Approx. Amount of Time

Responsibility/Essential Function

30%

 

Accounting

  • Provide support for the Centralized AP and Payroll functions as needed, including creating related accrual and reclass journal entries in Oracle.
  • Prepare monthly reconciliations for Bonus Accounts.  Review other reconciliations as needed (responsibility of the SSC).
  • Prepare Gross Receipts tax calculations
  • Assist with the annual budgeting process.
  • Support with Finance projects as needed, including system implementations/upgrades.
  • Assist with the internal and external audits; provide support as requested.

30%

Financial General Ledger & Reporting

  • Review monthly financial reports in Oracle for accuracy and completeness
  • Perform monthly close procedures; prepare journal entries to ensure accounts and cost centers are accurate and within policy
  • Prepare monthly receivable data to Inizio (Parent Company) in FCCS
  • Complete tax requests, including but not limited to Revenue by State and account reconciliations

20%

Accounts Receivable/ Accounts Payable

  • Complete any Client procurement information requests including but not limited to new client forms, system set up for invoice submission, and W-9 requests
  • Aid in Accounts Receivable, by being an escalation point of contact for collection activities
  • Assist with internal POs and Procurement processes
  • Complete and submit statement of accounts for client requests

20%

Other

  • Ad hoc requests from CFO, tax team and other Vynamic and Inizio Finance team members, including but not limited to financial reconciliations, results, and historical data
  • Provide support to the UK Accounting team as needed. 

Qualifications

  • Bachelor’s degree in Accounting
  • 3 years’ work experience in similar role(s) in a Professional Services firm including hands-on experience with accounting software
  • CPA preferred
  • Strong knowledge of MS Office products, particularly with Excel
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