What are the responsibilities and job description for the Financial Analyst position at Eurofins?
Company Description
Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.
The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research Organisation services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.
In over 30 years, Eurofins has grown from one laboratory in Nantes, France to 58,000 staff across a decentralised and entrepreneurial network of 900 laboratories in over 54 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.
In 2021, Eurofins generated total revenues of EUR 6.72 billion, and has been among the best performing stocks in Europe over the past 20 years.
Job Description
The Financial Analyst is responsible for the complete billing cycle including invoice generation, submission, and payment collection in accordance with customer payment terms. In addition, the Financial Analyst performs reconciliations to ensure complete and accurate financial results.
Key Accountabilities
Experience
Additional Information
Shift: Monday- Friday, 8am- 4pm
Candidates currently living within a commutable distance of Lancaster, PA. are encouraged to apply.
What We Offer
Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.
The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research Organisation services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.
In over 30 years, Eurofins has grown from one laboratory in Nantes, France to 58,000 staff across a decentralised and entrepreneurial network of 900 laboratories in over 54 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.
In 2021, Eurofins generated total revenues of EUR 6.72 billion, and has been among the best performing stocks in Europe over the past 20 years.
Job Description
The Financial Analyst is responsible for the complete billing cycle including invoice generation, submission, and payment collection in accordance with customer payment terms. In addition, the Financial Analyst performs reconciliations to ensure complete and accurate financial results.
Key Accountabilities
- Manage all aspects of the invoice process including data uploads, invoice generation, approvals, and invoice submission to customers in a timely manner
- Respond to customer and internal invoice queries in a timely and professional manner
- Prepare customer credit memos as needed after proper investigation into the validity of credit requests
- Update invoicing system with new price information
- Prepare monthly revenue file after invoice generation
- Ensure customers are paying invoices in a timely manner in accordance with customer payment terms by tracking and following up as needed on the invoices
- Identify the root cause of non-payment and make recommendations to the Associate Director, Finance to drive payment resolution
- Ensure compliance with budget DSO (days sales outstanding) and NWC (net working capital) metrics
- Audit new and existing studies for the accurate and complete pricing and billing of services and take adequate measures to maximize efficient collection of revenues for all studies
- Maintain limited budget database for budget and invoicing tracking
- Perform any ad hoc financial analysis or reports as requested by the Associate Director, Finance and Business Partnering
Experience
- Minimum of 1 year working in business environment
- Bachelor’s degree in finance, accounting, or business administration is preferred
- Driven by quality, strong attention to detail
- Energetic and enthusiastic person
- Excellent communication skills with a focus on (in/external) client satisfaction
- Strong organizational skills
- Significant experience with Microsoft Excel
Additional Information
Shift: Monday- Friday, 8am- 4pm
Candidates currently living within a commutable distance of Lancaster, PA. are encouraged to apply.
What We Offer
- Excellent full time benefits including comprehensive medical coverage, dental, and vision options
- Life and disability insurance
- 401(k) with company match
- Paid vacation and holidays