Covance, Inc Accounting Specialist Salary in the United States

How much does an Accounting Specialist make at companies like Covance, Inc in the United States? The average salary for Accounting Specialist at companies like Covance, Inc in the United States is $70,213 as of January 26, 2023, but the range typically falls between $60,359 and $80,067. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

About Covance, Inc

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What does an Accounting Specialist do at companies like Covance, Inc?

Job Overview:

Covance is hiring an Invoicing Analyst to join our dynamic team in Bristol, TN! Get ready to redefine what’s possible and discover your extraordinary potential at Covance. Here, you’ll have the opportunity to personally advance healthcare and make a difference in peoples’ lives with your bold ideas and unique point of view. With the support of exceptional people from across the globe and an energized purpose, you’ll be empowered to own your career journey with mentoring, training and personalized development planning.

 

Job Duties and Responsibilities:

  1. PeopleSoft System owner for specific assigned project codes for the billing and contracts modules. Ensures that each project code is properly set up and maintained on an ongoing basis.
  2. Responsible for the analysis and review of project billing status as well as making independent decisions regarding the monthly billing activities for assigned projects
  3. Works independently to manage assigned projects within the PeopleSoft system, ensuring that all appropriate amounts are invoiced accurately and in a timely manner.
  4. Updates actual spend from Finance systems and actual achievement based on data provided by PD/PM.
  5. Creates new and updates existing invoicing reconciliations and payment schedules/invoicing grids.
  6. Sets up new contracts and amends existing contracts (CO’s) in PeopleSoft (PS). Generates draft invoice in PS and 1st time invoice cover letter (as required) for Project Manager review.
  7. Finalizes approved invoice in PS and prepares final invoice package following established quality standards and submits to client for payment, to include administrative activities associated with such preparation and submission.
  8. Provides backup documentation to the Project Manager and/or client as required and serves as liaison between Accounts Payable and Project Manager with regards to missing documentation
  9. Makes correcting PS entries to resolve issues as directed by the Project Manager.
  10. Assists in client query resolution as required.
  11. Other duties as assigned by management.

Education/Qualifications:

  • BA/BS in Accounting/Business or equivalent Covance experience 

 

Experience:

Required:        

  • 2 to 5 years finance or relevant business experience
  • Computer competency including intermediate Excel skills
  • Detail oriented and highly accurate
  • Good planning and organizational skills
  • Ability to work to deadlines and effective time management skills                 

Preferred:

  • 3+ years PeopleSoft experience
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$60,359 Low Average $70,213 High $80,067

Understand the total compensation opportunity for Accounting Specialist at companies like Covance, Inc, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$60,359
$80,067
$70,213
The chart shows total cash compensation for the Covance, Inc Accounting Specialist in the United States, which includes base, and annual incentives can vary anywhere from $60,359 to $80,067 with an average total cash compensation of $70,213. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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