Staff Accountant
The Role
The Staff Accountant plays a key role in the overall financial management of Banyan. The Staff Accountant is responsible for Accounts Payable, Accounts Receivable, General Ledger reconciliations, Journal entries, and revenue recognition process and plays a significant role in the monthly financial close process. The role will provide essential financial reporting and analysis to support the firm’s growth and goals. Along with playing an integral part in the firm’s new ERP implementation, the Staff Accountant will also gain valuable experience in all aspects of the firm’s financial operations. We are looking for someone to provide innovative suggestions to improve efficiencies and help implement process improvements in our finance department. This role will report to the Accounting Supervisor.
What You’ll Do
- Maintain firm’s Master Invoicing Schedule that details all monthly invoice amounts by project.
- Prepare, review for accuracy, and distribute all invoices to clients.
- Provide diligent follow-up on all outstanding receivables and communicate with client teams when appropriate.
- Work with Accounting Supervisor to ensure any manual checks received are deposited timely.
- Ensure compliance with all new vendors (W9, ACH info, etc.).
- Coordinate vendor and outside contractor invoicing process and accurately enter and code in the Accounts Payable module of the firm’s financial software.
- Review and approve employee expense reports and ensure properly coded to general ledger.
- Reconcile monthly general ledger accounts including the deferred revenue account, fixed asset, and accrual accounts.
- Enter monthly journal entries such as payroll, benefits, fixed assets, etc.
- Collaborate with project teams on status of open projects for revenue recognition process.
- Proactively maintain month-end financial close process; work collaboratively with the Accounting Supervisor to ensure accurate reporting of the firm’s financial results.
- Assist with the preparation of firm’s monthly reporting schedules such as utilization report, capacity calculation, FTE schedule, etc.
- Collaborate with project teams on status of open projects for revenue recognition process.
- Contribute to firm’s monthly dashboard of financial metrics.
- Maintain knowledge of generally accepted accounting principles and procedures
- Ad hoc analysis
What You’ll Bring
- Bachelors degree in Accounting or Finance
- Previous related experience in an accounting or finance function is desired
- Strong analytical and problem solving skills and a self-motivated and proactive mindset
- Excellent verbal and written communication skills with the ability to understand and communicate financial information; must be organized and detail oriented
- Strong personal integrity when working with sensitive financial information
- Collaborative mindset and the ability to work in a dynamic team environment
- Proficient with Microsoft Office, especially Excel
Where You’ll Work
BanyanGlobal is headquartered in a brand new office in the Custom House Block at Long Wharf in Boston, MA. The beautiful new space with a great view of the Boston waterfront is convenient to public transportation. The Finance team collaborate together on site in the office with flexibility to work remote, as needed.
Why Banyan
We pride ourselves on having built an advisory firm that is truly authentic, compassionate, and enables a genuine work-life balance. Having experienced life in larger consulting firms, we understand the challenges of typical consulting models and we look to address those.
- We strongly encourage a healthy work-life balance and support young families; our travel model is more limited than standard consulting models.
- Typically, our advisors work with multiple clients at once rather than continuous months with one client at the client site.
- We are a diverse, multidisciplinary team of authentic, empathic, and compassionate people who value high emotional intelligence.
- People build their careers with us – our average tenure is long.
- We’re an ambitious business experiencing strong international growth.
Please send your resume and a cover letter expressing your interest in the Staff Accountant role to careers@banyan.global