What are the responsibilities and job description for the Accounts Receivable Specialist position at CORDEN PHARMA BOULDER INC?
CordenPharma is a leading full-service Contract Development and Manufacturing Organization (CDMO) specializing in active pharmaceutical ingredients (APIs), excipients, drug products (DPs), and packaging. With around 3,000 employees worldwide, we help pharmaceutical, and biotech companies manufacture medicines with the ultimate goal of improving people’s lives.
Our network, spanning Europe and the U.S., provides flexible and specialized solutions across six technology platforms: Peptides, Lipids & Carbohydrates, Injectables, Highly Potent & Oncology, Small Molecules, and Oligonucleotides. We strive for excellence in supporting this network and are committed to delivering the highest quality products for patient well-being.
Our People Vision
We strive for excellence. We share our passion. Together, we make a difference in patients' lives.
SUMMARY
We are seeking a highly experienced and detail-oriented Sr. Accounts Receivable (AR) Specialist to play a pivotal role in the establishment of our new Accounts Receivable Department. This is a hands-on, individual contributor position where you will manage the full cycle of Accounts Receivable while also assisting in developing, documenting, and implementing new policies, procedures, and systems to ensure efficient and effective cash flow management.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Include the following. Other duties may be assigned.
- Manage daily AR functions, including timely and accurate processing of customer invoices, cash receipts, and credit memos
- Monitor customer accounts for timely payments, identify overdue accounts, and execute collection procedures via phone, email, and mail
- Perform complex account reconciliations, research discrepancies, and resolve client billing issues in collaboration with the Sales, Customer Service, and Finance Departments
- Maintain accurate customer records and comprehensive documentation of all financial transactions and communications
- Prepare and process daily bank deposits and apply cash receipts accurately to the AR Ledger
- Assist with month-end and year-end closing procedures, including preparing AR Aging Reports and supporting schedules for management review and audits
- Department Setup & Process Improvement
- Collaborate with the Finance Manager to design, develop, and implement efficient, scalable accounts receivable policies and procedures for the new department
- Identify opportunities to streamline the AR process, recommend system enhancements, and ensure the implementation of best practices and strong internal controls
- Assist in the selection, setup, and optimization of new accounting software or ERP modules related to Accounts Receivable
- Create detailed process documentation and procedural manuals for all AR functions
- Stay updated on industry trends, accounting standards (e.g., GAAP), and relevant regulations to ensure continuous compliance
LEADERSHIP & BUDGET RESPONSIBILITIES
None.
SAFETY & ENVIRONMENTAL RESPONSIBILITIES
Every individual is personally responsible for the safety and environmental aspects of their activities in the workplace. Each employee is expected to perform their job duties in a safe manner utilizing all their knowledge, training, ability, and experience.
QUALITY RESPONSIBILITIES
Corden Pharma Colorado (CPC) is a manufacturer of a variety of pharmaceutical products. In following Current Good Manufacturing Practices (cGMP), Corden Pharma Colorado manufactures in accordance with the US Food and Drug Administration (FDA), International Council for Harmonisation Q7 (ICH), and other global regulations as applicable. This is critical as it is our mission to not place patients at risk due to inadequate safety, quality, or efficacy. CPC’s Quality Management System, which incorporates cGMP, is designed to deliver this quality objective. Attainment is produced through the requisite participation and commitment of all staff across departments and at all levels within the company.
cGMP is the part of Quality Management System ensuring products are consistently produced to accurate quality standards. Adherence to clearly defined procedures, in compliance with the principles of cGMP, is required when performing operations across Corden Pharma Colorado.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Bachelor’s Degree and 3 years of progressive experience in an Accounts Receivable role, preferably within an environment that required process implementation or significant system migration.
LANGUAGE SKILLS
Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write routine reports and simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
MATHEMATICAL SKILLS
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
REASONING ABILITY
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
CERTIFICATES, LICENSES, REGISTRATIONS
None.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit; work with hands; and talk or hear. The employee is occasionally required to stand; walk; reach above shoulder height; stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include the ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is occasionally exposed to fumes or airborne particles and noise typical of an office environment.
CORE COMPETENCIES
These are the specific areas of knowledge, skill and ability that are important for successful job performance. They must be job related and consistent with business necessity.
- A strong background in AR best practices, excellent problem-solving skills, and the ability to work independently in a dynamic, start-up environment within an established company
- Proficiency in accounting software and financial management systems (experience with specific ERP Systems like SAP, Oracle, or NetSuite is a plus)
- Advanced Microsoft Excel skills (e.g., V-lookups, pivot tables) and general proficiency with MS Office Suite
- Strong knowledge of generally accepted accounting principles (GAAP) and standard AR procedures
- Excellent analytical and problem-solving abilities to investigate and resolve complex discrepancies
- Strong organizational skills and attention to detail, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Exceptional written and verbal communication skills for effective internal collaboration and professional interaction with clients
- Ability to work independently, take initiative, and adapt to a changing environment without direct reports
SALARY
Actual pay will be based on your skills and experience.
BENEFITS
- 401(k) matching - Corden Pharma will contribute 100% of the first 6% - 100% vested after 2 years of service
- Accident Plan
- Critical Illness Insurance
- Dental Insurance
- Disability Insurance
- Employee Assistance Program
- Flexible Spending Account
- Health Insurance PPO/HSA
- Hospital Indemnity Plan
- ID Theft Protection
- Life Insurance
- Paid Parental Leave
- Tuition Reimbursement
- Wellness Program
- Vacation – Three Weeks 1st Year
- Vision Insurance
EQUAL OPPORTUNITY EMPLOYER
Corden Pharma provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Corden Pharma embraces fair hiring practices.
This post will expire December 8, 2025
Salary : $25 - $30