About Us:

The VA Bio+Tech Park is a dynamic life sciences innovation center dedicated to accelerating biotech startups, translational research, and collaboration across industry, academia, and healthcare. As a start-up innovation hub, we offer shared lab space, equipment, and programming to help scientists and entrepreneurs bring cutting-edge ideas to life.

Position Summary:

Activation Capital is seeking an experienced Senior Accountant to support the Vice President of Finance & Operations for the Virginia Biotechnology Research Partnership Authority and the Virginia Biotechnology Research Park Corporation.

The Senior Accountant will manage day-to-day accounting operations and assist with the preparation and analysis of financial statements. They will ensure accuracy, completeness, and compliance with reporting standards, often playing a key role in month-end and year-end close processes. Strong analytical, communication, and organizational skills are essential for this role. 

Key Responsibilities:

• Payroll and Benefits Administration:
• Process semi-monthly payroll and fringe benefits accounting using QuickBooks Time and QuickBooks Diamond Assisted Payroll.
• Oversee employee benefits onboarding and open enrollment.
• Month-End Close:
• Lead and participate in the month-end and year-end close processes, including preparing journal entries, reconciliations, and financial reports. 
• Financial Reporting:
• Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements, ensuring compliance with GAAP and other regulations. 
• General Ledger Management:
• Maintain and reconcile the general ledger, ensuring accuracy and integrity of financial data.
• Perform general accounting functions, including journal entries.
• Accounts Payable and Receivable:
• Oversee and manage accounts payable and accounts receivable processes. 
• Budgeting and Forecasting:
• Assist with the preparation of budgets and perform variance analysis. 
• Internal Controls:
• Assess and monitor internal controls, identify areas for improvement and ensure compliance with established policies and procedures. 
• Audits:
• Lead and participate in financial audits, prepare audit work papers, and interact with auditors.
• Special Projects:
• Participate in special accounting projects, such as system implementations or process improvements. 

Skills and Qualifications:

• Education:
• Bachelor's degree in Accounting, Finance, or a comparable alternative.
• Experience:
• 5+ years of progressive accounting experience, with experience in a senior or supervisory role.
• Hands-on experience in government, non-profit, and federal grant accounting and reporting preferred.
• Proficiency in Indirect Cost Rate calculations and submissions is a plus.
• Technical Skills:
• Proficiency in accounting software and Microsoft Office Suite, particularly QuickBooks Desktop Enterprise, Stampli Accounts Payable, and Excel. 
• Analytical Skills:
• Strong analytical and problem-solving skills, with the ability to analyze complex financial data and identify trends. 
• Communication Skills:
• Excellent verbal and written communication skills, with the ability to effectively communicate with various stakeholders. 
• Organizational Skills:
• Strong organizational and time management skills, with the ability to manage multiple tasks and meet deadlines. 
• Attention to Detail:
• A high degree of accuracy and attention to detail in all aspects of accounting work.