Junior Accountant
About IEX
At IEX, we’re passionate about building technology that moves industries forward. Our story began when we built a stock exchange designed to deliver high-performance results for all investors. Our belief is that technology should level the playing field so that opportunity is equitable. We are applying what we learned from building a high-performance stock exchange to build technology that solves for complexity and accelerates growth in other areas. We aspire to build a trusted, disciplined, and diversified business. Our goal is to build transformative technology without ever compromising our integrity - and we’re just getting started!
Junior Accountant
The Junior Accountant will be responsible for accounts payable, cash and banking support, general accounting support, and accounts receivable. This position requires a highly motivated individual who is comfortable with rapid changes in direction and environment. The ideal candidate must demonstrate professionalism and have strong interpersonal skills.
What You'll Do:
Accounts Payable:
- Review, verify coding and process invoices within the Zip AP platform
- Analyze discrepancies and report on unpaid and unapproved invoices
- Compile weekly payment run information
- Review and process employee expense reports, and audit to ensure policy compliance
- Review and sync charges on company credit cards within the Ramp platform. Escalate flagged transactions accordingly
- Meet with vendor management and the CFO to review the current vendor population
- Perform sales and use tax reconciliation, monitoring, and maintenance within the Avalara platform
Cash and Banking:
- Prepare and distribute weekly cash management report
- Monitor daily bank and clearing firm deposit balances
- Record daily cash activity in the general ledger
- Download the daily BAI files
- Assist with the intercompany settlement process
- Prepare vendor payments in the banking platform
- Assist with opening new accounts as needed
Accounts Receivable:
- Assist with the preparation and distribution of customer invoices across business lines.
- Apply cash receipts against open invoices within Netsuite
- Monitor customer accounts for non-payment and delayed payment
- Perform collection procedures in accordance with written policies.
- Resolve customer account and billing discrepancies
Accounting Support:
- Support monthly, quarterly and annual close process including, but not limited to, the recording of journal entries and scheduling of close meetings.
- Evaluate and recommend procedures to improve efficiency and effectiveness of accounting processes, analysis and reporting
- Reconcile and analyze general ledger accounts
- Maintain and reconcile accrual and prepaid accounts
- Participate in yearly external, internal and regulatory audits
- Assist in projects as needed
Management Responsibility: The Jr. Accountant is an individual contributor to the team and operates under the general direction of the Accounting Manager and Staff Accountant.
Education and Experience:
- Bachelor's degree (B. A.) in accounting or finance.
- One or more years of experience and/or training or equivalent combination of education and experience.
- Proficient user of Excel. (Pivot tables, V-lookup, Count, Sum)
- Motivated professional with strong analytical skills who performs with a high degree of accuracy and is attentive to detail. Good organizational, interpersonal and communication skills required.
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
- Experience with NetSuite, Concur, Zip, Ramp, and/or Avalara a plus.
Why You Should Apply:
- Comprehensive Benefits
- New hire stock equity (RSUs)
- 401K employer match
- Unlimited PTO
- 100% coverage for medical, dental, and vision
- OneMedical membership
- 16 weeks parental leave
- Wellness Benefits
- Flexible workplace
- Employer charity match
- Learning stipend
- Commuter benefits
- Jump Start onboarding program
- Internal mentor program cross-departmentally
- Friendly and inclusive workplace culture
Our job titles may span more than one career level. The starting annual base pay is between $80,000 and $90,000 for this NY-based position. The actual base pay is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The annual base pay range is subject to change and may be modified in the future. This role is eligible for bonus and equity.
Here at IEX, we are dedicated to an inclusive workplace and culture. We are an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information or any other characteristic protected by applicable federal, state or local laws. This policy not only complies with all applicable laws and protects workers' rights but is vital to IEX’s overall mission and values.
