People Matter

Accounting Analyst - Remote

PayNearMe

PayNearMe

IT, Accounting & Finance
Santa Clara, CA, USA
Posted on Thursday, July 11, 2024

Company Description

PayNearMe develops technology to facilitate the end-to-end customer payment experience, making it easy for businesses to accept, disburse and manage payments. Our modern and reliable platform lowers the total cost of payments by increasing acceptance rates, driving self-service and simplifying exceptions. We future-proof our clients’ payments roadmap by including all payment types and channels through a single contract and integration. With PayNearMe, businesses can transform the outdated systems holding them back from achieving progress.

PayNearMe has over 200 employees, closed a $45M Series D round in June 2023, and is processing over $1B in payments monthly. We’re headquartered in Silicon Valley with our employees distributed all across the U.S. Help us solve our clients’ biggest payment problems.

We’re in growth mode and looking to add a dynamic Staff Accountant. This position will report to the Revenue Supervisor.

Job Description

  • Monitor daily money movement activities, systems, and triaging alerts to provide insights and recommendations to improve accuracy and efficiency of settlements and disbursements.
  • Executing various daily, weekly reconciliation and resolve discrepancies in a timely manner.
  • Monitor and apply customer collections and apply net settlements of customers’ AR when necessary.
  • Assist with month-end and year-end closing activities, including invoicing customers for non-transactional revenue, journal entries, account reconciliations, and flux analysis.
  • Investigate and address identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed.
  • Collaborate with cross-functional teams to automate existing complex manual workflows and processes to optimize efficiency and controls of cash movement operations
  • Contribute to the development and implementation of systems and processes to improve operational efficiency and accuracy of money movement.
  • Participate in projects related to process improvements, implementation of financial systems or any other initiative aimed at improving the efficiency and effectiveness of accounting operations.
  • Ensure the right control and segregation of duties are embedded in the day to day process to mitigate risk.
  • Create and maintain valuable relationships with data providers, clients, and internal stakeholders.
  • Demonstrate curiosity regarding product innovation opportunities.
  • Develop familiarity with and competency in using internal tools and processes.
  • Understand financial concepts and apply them to reconciliation errors.

Qualifications

  • 4-5 years with Bachelor’s degree in Business, Finance, Accounting, or Related field
  • Experience in Fintech Payments Company will be an advantage
  • Loves learning new skills, tools, accounting operations and controls for money movement transactions.
  • Basic foundational knowledge of Generally Accepted Accounting Principal (GAAP)
  • Advanced ability in Microsoft Excel (VLOOKUP, SUMIF, Pivot Tables, VBA, etc.) preferred.
  • Excellent attention to detail and strong documentation skills.
  • Outstanding verbal and written communication skills.
  • Strong organizational and interpersonal skills.
  • Exceptional problem-solving abilities.

Additional Information

Benefits

  • Base salary per year (paid semi-monthly)
  • Fast- paced and professional work culture
  • Stock options with standard startup vesting - 1 year cliff; 4 years total
  • $50 monthly communication expense stipend to go towards your phone/internet bill
  • $250 stipend to enhance your WFH setup
  • Reimbursement for peripheral equipment: monitor (up to $400), keyboard and mouse (up to $200)
  • Premium medical benefits including vision and dental (100% coverage for employees)
  • Company-sponsored life and disability insurance
  • Paid parental bonding leave
  • Paid sick leave, jury duty, bereavement
  • 401k plan
  • Flexible Time Off (our team members typically take off ~3-4 weeks per year)
  • Volunteer Time Off
  • 13 scheduled holidays
  • 4-6x / year in-person team meet-ups

Salary Range: $80,00 - $95,000


PayNearMe strives to create a workplace where all employees thrive. Our core values represent who we are today and we take pride in the way we work with each other as well as with our stakeholders.

We’re in this together to do the right thing. We deliver real results we are proud of while remaining respectful, transparent, and flexible.

PayNearMe is an equal opportunity employer. We are diligently and thoughtfully working towards cultivating a diverse workforce which in turn, enhances our products and services for the communities we serve. Applicants who represent all backgrounds are strongly encouraged to apply.

Candidate information will be treated in accordance with our job applicant privacy notice found at: https://home.paynearme.com/ccpa-privacy-notice-jobs-employees/

Assistance for Disabled Applicants

Alternative formats of this Notice are available to individuals with a disability. Please let us know if you need assistance.

All your information will be kept confidential according to EEO guidelines.