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Staff Accountant

LeanData helps the world’s fastest-growing companies automate, simplify, and accelerate revenue.

We’re seeking a Staff Accountant to join our dynamic finance team, where you’ll play a crucial role in managing and optimizing financial processes. Collaborating closely with the Controller and Accounting Manager, you’ll focus on key areas such as accounts payable, accounts receivable, sales commission calculations, royalties, payroll, and month-end close activities.

What you’ll be doing:

Accounts Management & Month-End Close:

  • Prepare and maintain financial statements, general ledger entries, and other financial reports.

  • Oversee accounts payable processes using tools such as Bill.com and Abacus.

  • Perform credit card and bank reconciliations.

  • Manage and reconcile balance sheet accounts as part of month-end close activities.

  • Assist in accounts receivable collections.

  • Ensure compliance with accounting frameworks, policies, and regulations.

  • Assist with audits and regulatory examinations as required.

  • Analyze and ensure the accuracy of sales reports.Evaluate, classify, and organize sales data to support decision-making.

  • Calculate commissions based on transaction analysis.Partner with the sales team to manage deal structures and resolve commission-related inquiries.

  • Calculate and process royalty payments 

  • Process semi-monthly payroll with precision and timeliness.

  • Continuously seek process improvements to enhance efficiency and effectiveness within the finance department.

Requirements:

  • Bachelor’s degree in Accounting, Finance, or a related field.

  • 2+ years of experience in accounting, ideally in a B2B SaaS or technology environment.

  • Strong understanding of GAAP and financial reporting principles.

  • Strong understanding of accounting principles (GAAP) and financial reporting.

  • Advanced Excel skills, including experience with complex formulas, pivot tables, and financial modeling.

  • Experience with accounting software such as Bill.com, NetSuite, Sage Intacct, salesforce or similar platforms.

  • Strong attention to detail and organizational skills.

  • Effective communication skills, both written and verbal.

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Average salary estimate

$80000 / YEARLY (est.)
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$70000K
$90000K

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What You Should Know About Staff Accountant , LeanData

LeanData, a leading company dedicated to helping the world's fastest-growing businesses automate and simplify their revenue processes is excited to welcome a Staff Accountant to our vibrant finance team in Santa Clara. In this key role, you'll be at the heart of financial operations, working closely with the Controller and Accounting Manager to streamline accounts payable, receivable, and payroll functions. As a Staff Accountant, your primary responsibilities will involve preparing and maintaining accurate financial statements, overseeing smooth invoicing processes, and ensuring timely month-end closes. You'll also dive into credit card and bank reconciliations, manage balance sheet accounts, and assist with audits to maintain compliance with regulatory requirements. Your analytical skills will shine as you navigate through sales data, calculate commissions, and process royalty payments with precision. With LeanData, you'll continuously seek process improvements to make our financial operations even more efficient. We're looking for a detail-oriented individual with a Bachelor's degree in Accounting or Finance and at least 2 years of relevant experience, ideally within a B2B SaaS context. If you have advanced Excel skills and are proficient with accounting software like Bill.com or NetSuite, this could be the perfect opportunity for you to grow and make an impact in a supportive team environment.

Frequently Asked Questions (FAQs) for Staff Accountant Role at LeanData
What does a Staff Accountant do at LeanData?

At LeanData, a Staff Accountant plays a pivotal role in our finance team. Responsibilities include managing accounts payable and receivable, preparing financial statements, processing payroll, and ensuring month-end close activities are completed accurately and on time. This position is ideal for individuals who enjoy working collaboratively and seek to improve financial processes.

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What qualifications are required for the Staff Accountant position at LeanData?

To qualify for the Staff Accountant role at LeanData, candidates should hold a Bachelor's degree in Accounting or Finance, with a minimum of 2 years of accounting experience, preferably in a B2B SaaS environment. A strong understanding of GAAP and proficiency with accounting software, particularly Bill.com and NetSuite, are also essential.

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How can I apply for the Staff Accountant position at LeanData?

Interested applicants can apply for the Staff Accountant position by submitting their resume and cover letter directly to LeanData’s careers page, ensuring to highlight their relevant experience and skills, especially in accounting and financial analysis.

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What software tools does LeanData use for accounting?

LeanData utilizes various accounting software tools, including Bill.com, NetSuite, and Sage Intacct to streamline finance processes. Familiarity with these platforms is advantageous for the Staff Accountant role, helping in efficient accounts management.

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What is the work culture like at LeanData for a Staff Accountant?

The work culture at LeanData is collaborative and dynamic, focused on continuous improvement and innovation. As a Staff Accountant, you'll be part of a supportive team that values contributions and encourages personal growth and professional development.

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What are the career advancement opportunities for a Staff Accountant at LeanData?

At LeanData, staff accountants have the opportunity to advance their careers through professional development, mentorship, and by taking on additional responsibilities. High performers can progress into senior accounting roles or management positions within the finance team.

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How does LeanData support its Staff Accountants in their professional growth?

LeanData supports its Staff Accountants through ongoing training, access to resources for skill enhancement, and encouragement to pursue certifications. This commitment to development helps employees stay at the forefront of accounting best practices.

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Common Interview Questions for Staff Accountant
Can you describe your experience with month-end close processes?

To answer this question effectively, discuss your specific role in the month-end close process at previous positions, highlighting the steps you took to ensure accuracy and timeliness, such as reconciliation tasks and financial reporting.

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What accounting software are you proficient in?

Mention the accounting software you have experience with, particularly those relevant to the role at LeanData, like Bill.com or NetSuite. Explain how you've used these tools to manage accounts or generate reports, emphasizing your adaptability to new technologies.

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How do you ensure compliance with GAAP or accounting standards?

Address your familiarity with GAAP by discussing specific examples of how you applied these principles in past roles. Highlight your attention to detail and proactive measures you take to stay updated on accounting regulations.

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What strategies do you use for accounts receivable collections?

Share effective strategies you've implemented for accounts receivable collections, such as maintaining communication with clients, setting reminders for collections, and collaborating with sales teams. Providing statistics or results will strengthen your response.

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How would you handle discrepancies in financial reports?

Discuss your approach to investigating and resolving discrepancies, such as double-checking data entries, working closely with team members to clarify issues, and implementing checks to prevent future errors.

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Describe your experience with payroll processing.

Provide an overview of your experience with payroll processing, detailing the systems you've used, how you ensure accuracy, and how you handle any payroll-related inquiries from employees.

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How do you handle tight deadlines in account management?

Discuss your time management skills and how you've prioritized tasks to meet deadlines. Mention any tools you use to keep organized and how you communicate progress with your team to manage expectations.

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What is your experience with financial statement preparation?

Describe your role in preparing financial statements in previous positions and your understanding of the components that constitute these documents, stressing your ability to ensure accuracy and compliance with standards.

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Can you explain your role in audits you have participated in?

Share your specific contributions during audits, such as preparing documentation, coordinating with auditors, or resolving inquiries. Highlight your attention to detail and commitment to transparency throughout the process.

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How do you approach analyzing financial data for decision-making?

Demonstrate your analytical skills by explaining how you gather, process, and interpret financial data. Discuss any models or frameworks you utilize to derive actionable insights for your team or management.

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Full-time, on-site
DATE POSTED
November 28, 2024

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