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With PayNearMe, businesses can transform the outdated systems holding them back from achieving progress.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, raised a $45M Series D round in June 2023, and processes billions in payments annually. Headquartered in Silicon Valley, our team is distributed across the U.S. Join us in solving our clients’ biggest payment challenges.
Job Description
We’re in growth mode and looking to add a dynamic Accounting Analyst. This position will report to the Revenue Supervisor.
- 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 and monthly reconciliation and resolve discrepancies in a timely manner.
- Monitor and apply customer collections and apply net settlements of customers’ AR when necessary.
- Monitor and triage tickets submitted to the Revenue Operations team
- Assist with month-end and year-end closing activities, including invoicing customers, preparing backup, 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 address issues, including automation of 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.
- Communicate effectively with internal and external parties to submit inquiries and provide timely updates on relevant issues.
- Develop comprehensive documentation for new accounting and financial processes, ensuring clarity and consistency.
- Regularly review and update existing documentation to reflect current practices, system updates, and organizational changes.
Qualifications
- 2-5 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.
- Proactively identify and address questions or challenges, effectively communicating with team members and stakeholders to follow up on open items and ensure timely resolution.
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: $80,000 - $100,000
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.
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Candidate information will be treated in accordance with our job applicant privacy notice found at: https://home.paynearme.com/ccpa-privacy-notice-jobs-employees/
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