Payroll and Accounts Payable Accountant

LabConnect LLC; Johnson City (TN); Remote; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Payroll and Accounts Payable Accountant to join their dynamic finance team. This role involves managing payroll processing, ensuring compliance with accounting principles, and maintaining financial records. The ideal candidate will possess a strong understanding of GAAP, advanced Excel skills, and a keen attention to detail. With a focus on collaboration and growth, this position offers an opportunity to contribute to impactful projects while enjoying a supportive work environment. Join a company that values its employees and fosters career development, making a real difference in the lives of people worldwide.

Benefits

401k match

Health Benefits

PTO plan

Paid Company Holidays

Short and Long-Term Disability

Life and AD&D Insurance

Volunteer Day

Career Growth Opportunities

Qualifications

• 3 years of payroll and accounts payable experience required.
• Understanding of GAAP and compliance regulations essential.
• Advanced Excel skills including Vlookups and pivot tables.

Responsibilities

• Post bi-weekly payroll and manage accounts payable invoices.
• Ensure compliance with payroll tax regulations and prepare reports.
• Develop and analyze budgets, preparing periodic cost comparisons.

Skills

GAAP

Payroll Processing

Accounts Payable

Microsoft Dynamics NAV

MS Excel

Analytical Skills

Attention to Detail

Education

BS in Accounting

Clinical Trial Industry Experience

Tools

Microsoft Dynamics NAV

Microsoft Office

Job description

Remote - US, Johnson City, Tennessee, United States of America

Job Description

Posted Thursday, April 24, 2025 at 5:00 AM

Overview

LabConnect improves lives by partnering with pharmaceutical and biotech companies, and clinical research organizations (CROs) to accelerate the development of new medicines around the world.

We are an independent, global, one-stop-shop focused on delivering Central Laboratory Services that are tailor-made, timely and flexible to meet the evolving study demands of traditional to increasingly complex trials. Additionally, we provide Functional Service Provider (FSP) Solutions, supporting our clients with scientific and technical expertise, acting as an extension of their team, coordinating all laboratory related needs, advising on strategies for lab data collection and providing end-to-end analytical and logistical solutions.

Job Summary

The Payroll and Accounts Payable Accountant is responsible for posting company payroll, and related accruals, maintaining accurate financial records, maintaining confidentiality, posting accounts payable invoices, and managing timely disbursement of payments to vendors. This role ensures compliance with all applicable laws and internal policies while supporting the finance department in reporting and audits.

Essential Duties and Other Responsibilities

• Post bi-weekly/bonus and ad hoc payroll to the general ledger using the ERP system. (Currently Microsoft Dynamics NAV)
• Ensure accurate calculation of payroll, bonuses, commissions, and PTO accruals.
• Reconcile payroll-related accounts and prepare journal entries.
• Ensure compliance with federal, state, and local payroll tax regulations.
• Prepare year end reporting of 1099’s.
• Develop, maintain, and analyze budgets, preparing periodic reports that compare payroll budgeted costs to actual costs.
• Prepare, examine, and analyze accounting records, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural requirements.
• Ensures invoices are posted to allow for payments in accordance with company goals for DPO and discounts available.
• Thorough understanding of accruals.
• Reconciles accounts payable subledger with the general ledger.
• Prepare purchase orders and enter vendor invoices for payment.
• Perform overall month end review of expenses, accruals and payables.
• Thorough understanding of CapEx versus expense.
• Recommend, develop, and maintain solutions to business and financial problems.
• Ability to interpret and apply the Delegation of Authority Matrix to purchase orders and invoices.
• Develop, maintain, and analyze budgets, preparing periodic reports that compare vendor budgeted costs to actual costs.
• Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
• Coordinate with the external auditors, when needed.

Requirements:

• Understanding of Generally Accepted Accounting Principles (GAAP)
• Experience with general ledger functions and the month-end/year-end close process
• Hands-on experience with accounting software packages, (Microsoft Dynamics NAV or other ERP system).
• Advanced MS Excel skills including Vlookups and pivot tables.
• Accuracy and attention to detail.
• Protects organization's value by keeping information confidential.
• 3 years of payroll and accounts payable experience.
• Thorough knowledge and experience with accounts payable related transactions and best practices.

Education/Experience

BS in Accounting or Finance highly desirable as well as related clinical trial industry experience and/or training, or equivalent combination of education and experience. The candidate must possess excellence in organization, analytical, and interpersonal skills.The position requires demonstrated experience in integrating and coordinating diverse areas of management.Significant experience working with external auditors, internal controls and compliance related issues.

Language Ability

Must possess the ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. The ability to write reports, business correspondence, and procedure manuals is needed. The ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public is also necessary.

Math Ability

The ability to apply advanced concepts of accounting is required.

Reasoning Ability

Handles detailed, complex concepts and problems, balances multiple tasks simultaneously, and makes rapid decisions regarding administrative and executive issues. Must display excellent analytical, reasoning and problem solving skills

Computer Skills

To perform this job successfully, an individual should have advanced knowledge of Microsoft Office applications,word processing software, spreadsheet software, accounting software and database software.

Certificates and Licenses

CPA is highly preferred.

Read more below and get ready for your next great employment adventure!

Some of the Perks our LabConnectors Love:

• Financial Security (base pay, 401k match and possible annual bonus eligibility)
• Health Benefits beginning on date of hire
• PTO plan plus 11 Paid Company Holidays and 1 day to Volunteer in your community
• Short and Long-Term Disability, Life and AD&D
• We celebrate our differences, which enrich our Culture

We are a growing and global team which Values People First, Quality Focused, Customer Centered, Technology Driven and Accountability Always. In addition to great perks and challenging work assignments, we invest in our people with enriching career growth opportunities.

We believe in a friendly and collaborative environment with open lines of communication. Join our team and discover how your work can impact the lives of people all over the world.

It is the policy of LabConnect to provide equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information, or any other protected characteristic under applicable law.

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please email [e-mail] or call [phone].

Remote - US, Johnson City, Tennessee, United States of America