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Project Accountant I

 RQM+ is the leading MedTech service provider with the world’s largest global team of regulatory and quality experts. Building upon 40 years of regulatory expertise, we also provide comprehensive clinical trial, lab and reimbursement services – reducing risk and supporting market access throughout the entire product lifecycle for medical devices, digital therapeutics and diagnostics. With more former FDA, Medicines and Healthcare Products Regulatory Agency (MHRA) and notified body regulators than any other firm, the RQM+ team has deep expertise in all clinical specialties. RQM+ currently works for 19 of the top 20 medical device manufacturers and seven of the top 10 IVD companies.


The Project Accountant I supports the revenue generation cycle and is responsible for invoicing, purchase orders, deposits, and cash applications.  The Project Accountant I assists with billing rules and monthly revenue entries.  Other duties may include supporting contract reviews, project activations, and overall financial activities that measure and monitor project financial performance, and other tasks, as directed.


Primary Responsibilities
  • Supports the revenue generation cycle by processing client invoices, client deposits, and cash applications.
  • Supports the overall portfolio of clients through communication with the Project Team (Project Accountants, Business Development, Proposals, Activation Administrators, Resourcing, Project Management) & investigating financial inquiries, as requested.
  • Processes project timesheet and invoice adjustments, escalating to management when necessary.
  • Supports the Proposal process by assisting with financial contract reviews, including project estimation review and support, as assigned. 
  • Supports authorization of final project activation based on client contracts and client relationship status, escalating to management when necessary.
  • Reviews project details to ensure accuracy of data and alignment between systems.
  • Calculating current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses, as requested.
  • Identifies and supports process improvements within assigned projects and activities.
  • Undertakes special projects as assigned. 
  • Perform other duties as assigned.  


Requirements
  • Bachelor level degree in Accounting, Finance, or another Business-Related field required.
  • Minimum 0+ years related work experience.
  • Desire to participate on a cross-functional team.
  • Must possess strong written and oral communication skills and be able to prepare and analyze financial information.
  • Must have excellent Excel skills.
  • Must be capable of exercising good judgment in areas of moderate complexity when the situation warrants.
  • Understanding of Generally Accepted Accounting Principles (GAAP).
  • High level analytical capabilities.
  • High math competency level; very detail oriented.
  • Must be able to work independently.
  • Ability to communicate (both written and verbal) effectively with all levels of the organization.
  • Self-starter and motivation to accomplish tasks with direction.
  • Computer skills required: Microsoft Office applications.  Salesforce, NetSuite and OpenAir a plus.
  • Exceptional organizational and time management skills with the ability to support multiple projects.


Behaviours
  • Action-Oriented, Approachability, Building Effective Teams, Business Acumen, Career Ambition, Composure, Courage (Managerial), Customer Focus, Decision Quality, Informing, Integrity & Trust, Interpersonal Savvy, Planning


Supervisory Responsibilities
  • This position does not have supervisory responsibilities.


Being an industry leader in Medtech is just the beginning for RQM+. We consider our employees our biggest asset and we invest heavily in ongoing learning and development. Providing a rewarding place to work is rooted deep in our core values. From an industry leading compensation package to a deeply engrained focus on work life balance, RQM+ has a unique offering for regulatory and quality professionals. At RQM+, you are not just another employee, you are a member of RQM+ family. Make your impact today! 


We invite you to apply if you have an interest in learning more about our organization and beginning your journey with us.



Job Opportunity Verification

At RQM+, we prioritize the security of our job applicants. To ensure a safe application process:

All legitimate RQM+ job opportunities are listed on our official careers page: rqmplus.com/careers

Every candidate going through the interview process will participate in a voice and/or video interview.

Exercise caution with unsolicited job offers or requests for sensitive information.


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What You Should Know About Project Accountant I, RQM+

Join RQM+ as a Project Accountant I and take the next step in your career within the MedTech industry! As the leading MedTech service provider, RQM+ not only boasts the world's largest global team of regulatory and quality experts, but also leverages over 40 years of regulatory experience. In this role, you will support the vital revenue generation cycle by managing invoicing, purchase orders, and cash applications. You'll work hand-in-hand with the project team, ensuring that everything runs smoothly and efficiently. With responsibilities ranging from adjusting project timesheets to supporting financial contract reviews, your organizational skills and attention to detail will shine as you help monitor project financial performance. Importantly, RQM+ prides itself on its collaborative environment, so if you have a passion for teamwork and a desire to adapt and improve processes, this role is perfect for you! With a requirement for a Bachelor’s degree in Accounting or Finance, this entry-level position welcomes candidates with 0+ years of experience. RQM+ is committed to your professional growth, offering an industry-leading compensation package and plenty of opportunities for learning and development. So, if you're ready to make an impact and become a valued member of the RQM+ family, we can't wait to hear from you!

Frequently Asked Questions (FAQs) for Project Accountant I Role at RQM+
What does a Project Accountant I do at RQM+?

A Project Accountant I at RQM+ plays a crucial role in supporting the revenue generation cycle. This includes processing client invoices, handling purchase orders, and carrying out cash applications. You'll also assist with billing rules and monthly revenue entries while maintaining close communication with various project teams. Overall, this role is significant in ensuring the financial performance of projects runs efficiently and effectively.

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What qualifications are required for the Project Accountant I position at RQM+?

To qualify for the Project Accountant I position at RQM+, you need a Bachelor’s degree in Accounting, Finance, or a related business field. Additionally, you should have at least 0+ years of relevant work experience. Strong written and verbal communication skills, proficiency in Excel, and an understanding of Generally Accepted Accounting Principles (GAAP) are also essential.

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What skills are important for a Project Accountant I at RQM+?

Important skills for a Project Accountant I at RQM+ include excellent analytical capabilities, high math competency, attention to detail, and strong proficiency with Microsoft Office applications. You'll need to be a self-starter, capable of working independently, and be adept at communicating effectively at all organizational levels.

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Is the Project Accountant I position at RQM+ a remote role?

Yes, the Project Accountant I position at RQM+ is a remote role based in the United States. This offers you the flexibility to work from home while being part of a supportive team dedicated to success in the MedTech industry.

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What opportunities for growth does RQM+ offer for Project Accountant I?

RQM+ is deeply committed to the ongoing learning and development of its employees. As a Project Accountant I, you’ll have many opportunities for professional growth, whether through formal training programs, mentorship, or by participating in special projects that expand your skill set within the MedTech field.

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What is the company culture like at RQM+?

The company culture at RQM+ is built on strong core values focused on employee well-being and support. Employees are regarded as family, and the company invests heavily in creating a positive work environment, promoting work-life balance, and offering competitive compensation packages.

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How does RQM+ support its Project Accountant I in terms of work-life balance?

RQM+ understands the importance of work-life balance and actively promotes it among its employees. As a Project Accountant I, you'll benefit from flexible working hours, a supportive team environment, and company policies designed to help you maintain a healthy balance between your professional and personal life.

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Common Interview Questions for Project Accountant I
Can you describe your experience with financial reporting?

When answering this question, focus on any relevant experience you have with financial reporting processes in previous roles, even if they were academic or internships. Clearly outline your understanding of the importance of accurate financial reporting, and provide examples of how you've contributed to these processes.

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How do you ensure accuracy and attention to detail in your work?

To answer this question, explain your methods for checking your work, such as double-checking calculations or using spreadsheet functions. Provide concrete examples where you caught errors early, and emphasize how your attention to detail has positively impacted your projects.

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What accounting software are you familiar with?

When responding, mention any relevant software you have experience with, such as Excel, QuickBooks, or any other accounting systems. If you have familiarity with Salesforce, NetSuite, or OpenAir, be sure to highlight that as well, and discuss how you've used these tools in previous roles.

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How would you handle a dispute over an invoice?

Discuss your approach to problem-solving and communication when dealing with disputes. Emphasize the importance of maintaining professionalism, being solution-focused, and collaborating with teams to reach an amicable resolution, ensuring the relationship with the client is maintained.

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How do you prioritize your workload when managing multiple projects?

Share your strategies for effective time management, such as using lists, setting deadlines, or employing project management tools. You may want to give an example of a time when you successfully handled multiple responsibilities and how you maintained quality.

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Why do you want to work for RQM+?

Tailor your answer to express your excitement about RQM+'s innovative work in the MedTech space, as well as your appreciation for the company's commitment to employee development and positive culture. Show that you've done your research and are genuinely interested in contributing to their mission.

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What is your understanding of GAAP?

Explain your knowledge of Generally Accepted Accounting Principles, emphasizing their significance in maintaining consistency and transparency in financial reporting. Share any coursework or practical experience you've had related to GAAP principles.

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Describe a time you contributed to a team project. What was your role?

Provide a specific example of a team project where you had a distinct role. Highlight your contributions and how your teamwork skills advanced the project. This will showcase your collaboration abilities and comfort with cross-functional teams.

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What motivates you in your work?

Reflect on what drives you professionally, whether it's achieving goals, learning new skills, or helping others. Connect this motivation to the responsibilities of the Project Accountant I at RQM+ and how it aligns with their values.

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How do you stay updated on accounting trends and regulations?

Discuss your strategies for staying informed about accounting trends, such as subscribing to industry newsletters, attending webinars, or being part of professional organizations. Highlight your commitment to continuous learning in the accounting field.

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RQM+ is the leading MedTech service provider with the world’s largest global team of regulatory and quality experts. Building upon 40 years of regulatory expertise, we also provide comprehensive clinical trial, lab and reimbursement services – red...

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DATE POSTED
November 24, 2024

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