Accountant III

Covance Inc Located in: Princeton,  New Jersey
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Covance Inc Biotechnology Jobs Pharmaceutical Careers


Get ready to redefine what’s possible and discover your extraordinary potential at Covance. Here, you’ll have the opportunity to personally advance healthcare and make a difference in peoples’ lives with your bold ideas and unique point of view. With the support of exceptional people from across the globe and an energized purpose, you’ll be empowered to own your career journey with mentoring, training and personalized development planning.


Join us as we speed the delivery of groundbreaking therapies and anticipate tomorrow’s drug development challenges, creating new possibilities for our clients—and your career.



General Ledger Responsibilities Include:

  • Oversight of all general ledger activity for the Corporate ledger, including preparation of routine and complex journal entries and various account analyses
  • Review / Preparation of all general ledger account reconciliations on a monthly basis
  • Review / Preparation of all month end closing entries, such as intercompany revaluation, statistics, revolver activity, etc.
  • Management of intercompany accounts to ensure balances reconcile with business units on a monthly basis, ongoing communication with units during the month to ensure accurate and timely posting of entries
  • Review / Preparation of various monthly allocation entries (i.e. medical benefits)
  • Periodic (mostly annual) allocation of insurance, management charge, etc.
  • Preparation of quarterly SEC schedules for the Corporate ledger
  • Preparation and dissemination of monthly budget versus actual general ledger detail reports for each corporate cost center


Asset Management (AM) Subsystem Responsibilities Include:



  • Creation of all Corporate assets from purchasing and accounts payable
  • Account for asset adjustments and retirements
  • Run monthly calculation and post depreciation expense
  • Post all journals pertaining to AM within the general ledger
  • Preparation of monthly reconciliation of the AM subsystem to the general ledger


Sarbanes Oxley Responsibilities Include:


  • Assist with Sarbanes Oxley testing and documentation of key accounting controls
  • Ensure compliance with all general ledger key controls
  • Assist with maintenance and updating of Corporate accounting procedures


Other Responsibilities Include:


Identify areas where automation / process improvements can increase efficiency and accuracy.

Assist with other projects as needed.

  • BS in Accounting

  • At least 4 years of experience managing a general ledger, including handling intercompany transactions for a global company
  • CPA a plus
  • At least 4 years of experience managing a general ledger, including handling intercompany transactions for a global company
  • Strong attention to detail while working efficiently and meeting deadlines
  • Strong organizational skills and communication skills
  • Ability to work independently
  • Ability to manage multiple tasks efficiently
  • Sound analytical skills
  • Intermediate / advanced knowledge of Excel
  • Working knowledge of Word and Microsoft Outlook
  • Team player / good interpersonal skills
  • Experience with accounting for fixed assets a plus
  • Experience with PeopleSoft financial system a plus
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Covance Inc. is proud to be the only drug development company with a full range of research and development services—from lead optimization, to commercialization and life cycle management. Covance, headquartered in Princeton, NJ, is the drug development business of LabCorp with global operations in more than 30 countries.


Seniority Level:
Experienced - Not Management
  Accounting / Finance,  General Management
Preferred Industry Background:
Managing a team of:
Required Travel:

Base Salary:
Other Compensation: