Full-Time

Accounting Associate

Posted on 11/13/2024

PartsSource

PartsSource

201-500 employees

Supply chain solutions for medical equipment

Data & Analytics
Healthcare

Mid

No H1B Sponsorship

Charlotte, NC, USA

Dynamic hybrid work environment requiring some in-office presence.

Category
Bookkeeping
Financial Accounting
Financial Analysis
Accounting
Required Skills
Financial analysis
Excel/Numbers/Sheets
Requirements
  • Proficiency in using accounting software and Microsoft Excel.
  • Attention to detail and excellent organizational skills.
  • Ability to work independently and meet deadlines.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and interpersonal skills.
  • Must be a team player with a professional demeanor and good interpersonal skills.
  • Bachelor's degree in Accounting, Finance, or a related field is required.
  • Relevant certifications (e.g., CPA, CMA) are a plus.
  • 4-6 years’ experience in accounting or finance.
  • Strong knowledge of accounting principles, financial statements, and general ledger maintenance.
Responsibilities
  • Accurately record accounts payable transactions across multiple entities into the accounting software. Ensure all data is entered in a timely and organized manner.
  • Record and report on cash receipts daily and prepare bank reconciliations.
  • Prepare and issue accounts payable checks and electronic payments. Use banking portals to upload positive pay data and research historical transactions.
  • Assist in maintaining the general ledger by reconciling accounts, performing journal entries, and ensuring proper allocation of expenses and revenues. Monitor and resolve any discrepancies or errors.
  • Track and manage expenses by verifying invoices, reconciling statements, and ensuring proper coding and authorization across business units.
  • Collaborate with other departments to resolve discrepancies and provide support for budgeting and forecasting activities.
  • Support internal and external audits by providing necessary documentation, explanations, and reconciliations.
  • Assist in financial analysis activities, including variance analysis, cost analysis, and budgeting support. Identify opportunities for cost savings, revenue enhancement, and process improvements.
  • Collaborate with other departments to ensure accurate and timely financial information exchange. Provide support and assistance to colleagues as needed.

PartsSource provides supply chain solutions specifically for the maintenance and repair of medical equipment in healthcare settings. Its main product, the PartsSource Pro platform, connects hospitals, clinics, and other healthcare facilities with a network of over 5,000 pre-qualified service technicians. This platform simplifies the procurement process, minimizes invoicing issues, and ensures that imaging equipment is readily available when needed. Unlike many competitors, PartsSource focuses on data-driven insights to enhance equipment uptime and reduce operational costs. The company's goal is to help healthcare providers improve the quality of their services while maximizing the efficiency of their equipment management.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Aurora, Illinois

Founded

2001

Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Bain Capital for $1.25 billion underscores PartsSource's strong market position and growth potential.
  • Expansion in the Northeast Ohio region highlights the company's commitment to leveraging local talent and community support.
  • Updates to PartsSource Pro enhance the platform's capabilities, potentially increasing user satisfaction and market share.

What critics are saying

  • The integration of new training partnerships and technologies may face operational challenges, potentially delaying benefits.
  • Dependence on the Northeast Ohio region for talent could limit scalability if the local workforce cannot meet growing demands.

What makes PartsSource unique

  • PartsSource's strategic partnerships with CBET and RSTI address the critical skills gap in the biomedical equipment sector, setting it apart from competitors.
  • The introduction of an evidence-based model for service contract management showcases PartsSource's commitment to innovative, data-driven solutions.
  • PartsSource's focus on the medical equipment maintenance market, combined with its robust online marketplace, provides a specialized service that general B2B marketplaces cannot match.

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