Junior Accountant - The Longwood Collective
Boston, MA
About the Job
Longwood Collective, Inc is seeking a Junior Accountant who is eager to learn and excited to work with an experienced team of professionals! This is an outstanding opportunity for a new accounting professional to gain hands-on experience with collections, accounts payable, auditing, and more!
Position Summary
Support company accounting functions with primary responsibility for collection activity for Longwood Collective and associated organizations. Reconcile cash receipts to general ledger. Process accounts payable for five companies. Prepare monthly schedules for budget variance analysis and accruals. Act as primary contact for file management.
Longwood Collective, Inc. values an inclusive work environment that celebrates the diversity represented by our employees and member institutions. Candidates passionate about this role with diverse backgrounds and experiences are encouraged to apply. Longwood Collective is proud to be an equal-opportunity employer.
Essential Responsibilities
Cash Receipts and Collections
Accounts Payable
General Ledger/Accounting/Operational
Required Qualifications
Compensation and Benefits:
Position Summary
Support company accounting functions with primary responsibility for collection activity for Longwood Collective and associated organizations. Reconcile cash receipts to general ledger. Process accounts payable for five companies. Prepare monthly schedules for budget variance analysis and accruals. Act as primary contact for file management.
Longwood Collective, Inc. values an inclusive work environment that celebrates the diversity represented by our employees and member institutions. Candidates passionate about this role with diverse backgrounds and experiences are encouraged to apply. Longwood Collective is proud to be an equal-opportunity employer.
Essential Responsibilities
Cash Receipts and Collections
- Apply payment application of deposits to customer accounts.
- Reconcile payment application to bank deposits on a daily basis.
- Perform collection activities via communication to customers.
- Attend internal collection meetings and present issues and findings to managers.
- Research any form of unidentified or unmatched records. Work with outside customers and bank to reconcile payment questions. Maintain all necessary paperwork to control over and under payments.
- Maintain and organize all collection files. Coordinate member institutions representatives and management staff to discuss on-going collection issues and proper billing information required by customers.
- Manage collection documentation.
- Maintain direct debit database for all companies.
- Handle custom electronic billing requests for customers.
Accounts Payable
- Verify account numbers, W-9 forms, charges, sales tax, addresses and any other information to ensure accurate payments to vendors for processing invoices.
- Process and print checks and maintain electric fund transfer records.
- Maintain vendor files and records, A/P invoices, A/P check registers, W-9 forms, Tax-Exempt Certificates, Telephone Answering Services contracts and purchase order forms.
- Primary contact for electronic filing system (DocuWare) for accounts payable, which includes scanning documents, updating necessary invoice fields, and eliminating duplicate information.
- On an annual basis, run 1099 reports for review of accuracy and file with appropriate government entities.
- Maintain instructions for accounts payable process.
General Ledger/Accounting/Operational
- Reconcile benefit invoices to employee payroll deductions.
- Run ledger reports to maintain proper temporary help charges for Telecommunications.
- Update monthly sub-schedules for assigned revenue and expense accounts, identify and investigate large variances.
- Perform parking revenue control and other internal audits under the direction of the Controller.
- Provide year end audit support for various PBCs including AR and AP aging, collection notes, cash receipts, cash disbursements and subsequent unrecorded liabilities.
Required Qualifications
- A bachelor’s degree in accounting or a related field is preferred
- Minimum one year of accounting and/or collection work/internship experience desired.
- Proficiency in Microsoft Office software applications, including Excel, Word, PowerPoint and Outlook. Strong spreadsheet skills. Previous Microsoft Dynamics, and DocuWare software experience a plus.
- Strong verbal and written communication skills.
- Ability to work both independently and as part of a team.
- Professional interpersonal style; ability to interact and work with a diverse range of people.
- Proactive organizational skills, including the ability to prioritize and organize own work while ensuring strong attention to detail.
- Ability and willingness to proactively research and/or solve issues.
- Ability to work on several different unrelated tasks at the same time.
- Ability to work under the pressure of sometimes tight deadlines.
- Exhibit a ‘can-do’ attitude and flexible work style approach. Patience and flexibility to meet demands of a constantly changing environment.
- Ability and willingness to maintain confidentiality at every level.
Compensation and Benefits:
- Salary is commensurate with experience.
- Medical, dental, and vision coverage
- Monthly MBTA or offsite parking subsidy
- Three weeks of paid time off and a hybrid work schedule
- Tuition reimbursement/ professional development
- 401(k) plan with generous employer contribution
Source : The Longwood Collective
