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Accounting Analyst

Turn Numbers into Student Impact  

Are you a detail-oriented financial professional passionate about managing numbers and driving meaningful financial insights? MasteryPrep is looking for a highly motivated Accounting Analyst to join our Finance team. This role is critical in ensuring the accuracy of financial data, compliance with tax regulations, and supporting both reporting and financial planning and analysis. As an Accounting Analyst, you’ll report directly to the Financial Controller and play an essential role in supporting our mission to level the playing field in education.  

In this role, you will collaborate within the Finance Department on both reporting and FP&A activities, such as managing accounts payable, supporting month-end close, preparing reconciliations, and providing key insights into budget and variance analysis. You will also maintain vendor relationships, ensure sales tax compliance, and take ownership of fixed assets and other critical accounting functions.  

Key Responsibilities  

  • Manage accounts payable processes, ensuring accurate and timely payments.  
  • Perform bank reconciliations and other reconciliations as needed.  
  • Manage fixed assets.  
  • Forecast operating expenses (OpEx) and analyze budget-to-actual variances (flux analysis).  
  • Apply cash receipts and maintain accurate accounting records.  
  • Ensure compliance with sales tax regulations and reporting.  
  • Provide analytical support for budgeting and financial forecasting processes.  
  • Maintain vendor relationships, addressing accounting inquiries as needed.  
  • Work independently while collaborating with team members to meet deadlines and achieve deliverables.  
  • Communicate financial updates clearly to internal stakeholders, ensuring data is accurate and actionable. 

About Us  

Nearly 90% of low-income students graduate high school without a college-ready ACT or SAT score. MasteryPrep’s mission is to level the playing field in education by offering the most effective test preparation available – made accessible to all students.  

Through more than 10 successful years of partnering with school districts and institutions on college readiness services and resources, MasteryPrep has surpassed one million students served since the company’s founding in 2012.  

MasteryPrep increased its student outreach by 70 percent in 2021 and is ranked among the Inc. 5000 “Fastest Growing Companies,” featured by “Entrepreneur 360,” and selected among the “Growth Leaders” by Louisiana Economic Development.  

When we ask our employees what they love most about working with MasteryPrep, it comes down to the mission, the people, and the challenge.  

- The mission: We have a strong mission that truly changes lives and motivates us each day to get up, get better, and make things happen.  

- The people: MasteryPrep is as diverse as the student population we serve, valuing employees as individuals, not just the roles they fill.  

- The challenge: We don’t believe in "average" or "good enough." We’re growing tremendously and won’t stop until every student has access to a better future.  

  • Bachelor’s degree in Accounting, Finance, or a related field.  
  • 2+ years of experience in accounting or a related role.  
  • Strong analytical and problem-solving skills with attention to detail.  
  • High level of proficiency in accounting software and Microsoft Excel.  
  • Exceptional organizational skills with the ability to handle multiple projects and competing priorities.  
  • Strong communication skills, both verbal and written, with the ability to maintain clear communication across teams.  
  • Proactive problem-solving skills, including the ability to identify risks and propose solutions.  
  • Receptivity to feedback, willingness to learn, and adaptability to changing circumstances.  
  • Experience with financial forecasting, budgeting, and variance (flux) analysis.  
  • Knowledge of sales tax regulations.  
  • Dedicated remote workspace with stable internet.  
  • Must reside in one of the following states: AL, AR, CA, FL, GA, ID, IL, KY, LA, MA, MI, MS, NC, NY, OK, OR, SC, TN, TX. 
  • $60,000+ starting salary, based on experience and qualifications
  • Employee benefits eligibility (health, disability, AD&D, life insurance)
  • Matching 401k 
  • Paid time off 
  • Generous paid holiday  
  • Ability to work fully remote
  • Company-supplied laptop
What You Should Know About Accounting Analyst, MasteryPrep

Are you ready to turn numbers into meaningful student impact? Join MasteryPrep as an Accounting Analyst and become a vital part of our Finance team! In this role, you'll dive deep into financial data to ensure accuracy and compliance with tax regulations, all while supporting our mission to make education accessible for all students. Reporting directly to the Financial Controller, you will collaborate on critical reporting, financial planning, and analysis (FP&A) activities. From managing accounts payable and supporting month-end closes to preparing reconciliations and conducting budget-to-actual variances analysis, your contributions will help shape our financial health. You’ll get the chance to maintain vendor relationships, ensure compliance with sales tax, and manage fixed assets, all while communicating financial updates to stakeholders. If you have a passion for numbers and a desire to make an impact in the educational landscape, we want to hear from you!

Frequently Asked Questions (FAQs) for Accounting Analyst Role at MasteryPrep
What are the responsibilities of an Accounting Analyst at MasteryPrep?

As an Accounting Analyst at MasteryPrep, your primary responsibilities include managing accounts payable processes, performing bank reconciliations, maintaining vendor relationships, ensuring compliance with sales tax regulations, and providing analytical support for financial forecasting and budgeting. You will be involved in supporting month-end close activities and applying cash receipts, helping to shape the financial direction of our organization.

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What qualifications are required for the Accounting Analyst position at MasteryPrep?

To be considered for the Accounting Analyst role at MasteryPrep, you should possess a Bachelor’s degree in Accounting, Finance, or a related field and have at least 2 years of relevant work experience. Strong analytical skills, proficiency in accounting software and Microsoft Excel, exceptional organizational skills, and effective communication abilities are essential to succeed in this position.

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How does the Accounting Analyst contribute to financial reporting at MasteryPrep?

The Accounting Analyst at MasteryPrep plays a crucial role in financial reporting by ensuring the accuracy of financial data, supporting month-end close activities, and conducting budget-to-actual variance analyses. Your ability to provide clear financial updates to internal stakeholders will ensure strategic decision-making based on actionable data.

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What benefits are offered to Accounting Analysts at MasteryPrep?

Accounting Analysts at MasteryPrep enjoy a comprehensive benefits package that includes health insurance, disability coverage, life insurance, and a matching 401k plan. You will also receive generous paid time off, holidays, and the flexibility to work fully remote, all while contributing to a mission that makes a difference in students' lives.

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Can I work remotely as an Accounting Analyst for MasteryPrep?

Yes, the Accounting Analyst role at MasteryPrep is fully remote! However, please note that you must reside in one of the specified states to be eligible. This flexibility allows you to maintain a dedicated workspace while still contributing to our mission from the comfort of your home.

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Common Interview Questions for Accounting Analyst
What motivated you to apply for the Accounting Analyst position at MasteryPrep?

In answering this question, focus on MasteryPrep's mission and values. Discuss how the company’s commitment to making a significant impact in education aligns with your personal values and career goals. Highlight your passion for using your financial expertise to contribute to meaningful outcomes.

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Can you describe your experience with financial forecasting and budgeting?

To answer this question effectively, outline specific examples from your previous roles where you successfully contributed to financial forecasting and budgeting processes. Mention the tools you used, the challenges faced, and the strategies you implemented to ensure accuracy and align with organizational goals.

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How do you ensure accuracy in your financial reports?

Discuss the techniques you utilize for ensuring accuracy, such as regular reconciliations, cross-verifying data, maintaining organized records, and utilizing software tools to minimize errors. Emphasize your attention to detail and commitment to high-quality work.

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What accounting software are you proficient in?

Be prepared to mention the specific accounting software you have experience with, such as QuickBooks, Sage, or Microsoft Excel. Discuss how these tools have enabled you to streamline processes or improve accuracy in your previous roles.

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How do you handle tight deadlines in accounting tasks?

Share your time management strategies and techniques for prioritizing tasks during high-pressure situations. Mention any tools you use for organization, and provide examples of previous experiences where you successfully met tight deadlines without sacrificing quality.

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Describe a challenging financial analysis you've conducted.

Highlight a specific project where you analyzed financial data, faced hurdles, and successfully navigated complications. Emphasize the analytical skills and problem-solving strategies you employed to deliver results.

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How do you stay updated on accounting regulations and changes?

Express your commitment to ongoing learning through professional development courses, webinars, or industry publications. Describe how you’ve applied this knowledge practically in your previous roles, particularly concerning compliance with tax regulations.

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Can you explain the importance of vendor relationships in accounting?

Discuss how strong vendor relationships contribute to smoother operations in accounts payable, timely payments, and better negotiating terms. Illustrate your experience in managing vendor interactions and resolving accounting inquiries effectively.

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How do you communicate financial updates to stakeholders?

Highlight your approach to communication—use clear language, visual presentations, or reports that make complex financial data accessible. Share a specific example of how you successfully conveyed financial updates to internal stakeholders, ensuring they understood the implications.

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What do you consider your greatest strength as an Accounting Analyst?

Identify a key strength relevant to the role, such as analytical skills, attention to detail, or problem-solving abilities. Provide a brief example of how this strength has positively impacted your past work experiences and could benefit MasteryPrep.

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MasteryPrep provides several avenues that administrators and teachers can use to help their students reach their desired scores on the ACT. We work with the capabilities of each school to provide a curriculum that introduces students to the rigors...

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Full-time, remote
DATE POSTED
December 8, 2024

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