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Job details

Accounting Associate - job 1 of 2

Location:

Fully remote (Work from home) 9AM - 6PM EST

Key Responsibilities:

Accounts Payable: 

  • Process vendor invoices, ensuring accuracy and adherence to company policies and procedures. 

  • Verify and match invoices with purchase orders and receiving documents. 3. Prepare and perform timely and accurate payment disbursements via checks, electronic transfers, or other approved methods. 

  • Reconcile vendor statements and resolve discrepancies or payment issues in a professional and timely manner. 

  • Maintain accounts payable records and documentation systematically for easy retrieval and auditing purposes. 

  • Collaborate with the client to address vendor inquiries and maintain positive relationships with suppliers.

Accounts Receivable:

  • Manage client customer invoicing, ensuring completeness and accuracy of billing information. 

  • Post and apply customer payments in the accounting system, reconciling discrepancies when necessary. 

  • Monitor and follow up on outstanding customer balances, promptly resolving any payment issues or disputes. 

  • Prepare and send periodic customer statements to maintain transparency and clear communication regarding outstanding balances. 

Maintain organized records of accounts receivable transactions and collections efforts.

Payroll Processing: 

  • Accurately process employee payroll, including regular pay, overtime, bonuses, and commissions. 

  • Ensure compliance with federal, state, and local payroll tax regulations and reporting requirements. 

  • Process new hire information, terminations, and changes to employee payroll records. 4. Generate payroll reports and maintain payroll records for auditing purposes. 

General Responsibilities: 

  • Collaborate with the finance team to support month-end and year-end closing processes. 

  • Assist with financial data analysis and reporting as required. 

  • Identify opportunities for process improvements and contribute to the implementation of best practices. 

  • Stay up-to-date with changes in accounting and payroll regulations and ensure compliance. 

  • Maintain confidentiality of financial and employee information at all times. 


Requirements: 

  • Bachelor's degree in Accounting, Finance, or a related field (or equivalent experience). 

  • 2+ years experience in accounts payable, accounts receivable, and payroll processing. 

  • Strong knowledge of accounting principles, regulations, and best practices. 

  • Proficiency in using accounting software and payroll processing systems including bill.com, Xero, QBO, Justworks, and Gusto. 

  • Excellent attention to detail and ability to maintain accuracy in a fast-paced environment. 

  • Effective communication skills with the ability to interact with internal and external stakeholders professionally. 

  • Strong problem-solving skills and ability to handle inquiries and issues with a customer-oriented approach. 

  • High level of integrity and commitment to maintaining confidentiality. 

  • Organized and able to prioritize tasks to meet deadlines effectively. 

  • Willingness to adapt to changes in processes and technology.

 

Application Process:

To be considered for this role these steps need to be followed:

  • Fill in the application form

  • Record a video showcasing your skill sets

Average salary estimate

$57500 / YEARLY (est.)
min
max
$50000K
$65000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Accounting Associate, ProjectGrowth

If you're seeking an exciting opportunity to join a dynamic team as an Accounting Associate with our innovative company in Cape Town, you've come to the right place! This fully remote position allows you to work comfortably from home while adhering to a 9 AM to 6 PM EST schedule. As an Accounting Associate, your day will be filled with a variety of key responsibilities, including managing accounts payable and accounts receivable, processing vendor invoices, and handling payroll with precision. You'll ensure that everything runs smoothly by verifying invoices, reconciling vendor statements, and maintaining orderly records for easy retrieval. Your communication skills will shine as you collaborate with clients and vendors to resolve any inquiries and maintain positive relationships. In addition to these tasks, you will also contribute to month-end and year-end closing processes and assist with financial data analysis. We value attention to detail, a strong knowledge of accounting principles, and the ability to thrive in a fast-paced environment. If you're ready to leverage your 2+ years of experience in accounting and your proficiency in accounting software, like Xero and QuickBooks, this role is a perfect match for you. Join us, and let's make a difference together while we maintain the confidentiality of our financial and employee information. Come and be part of our forward-looking accounting team, where your skills and contributions make an impact every day!

Frequently Asked Questions (FAQs) for Accounting Associate Role at ProjectGrowth
What are the primary responsibilities of the Accounting Associate at our Cape Town office?

The Accounting Associate at our Cape Town office is primarily responsible for managing accounts payable and receivable, processing payroll, and collaborating with the finance team for month-end and year-end close processes. Each day includes verifying vendor invoices, reconciling statements, managing client invoicing, and ensuring compliance with tax regulations.

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What qualifications are required for the Accounting Associate position in Cape Town?

To be considered for the Accounting Associate position in Cape Town, you need a Bachelor's degree in Accounting, Finance, or a related field, along with 2+ years of relevant experience in accounts payable and receivable, and payroll processing. Proficiency in accounting software such as Xero and QuickBooks is also essential for this role.

Join Rise to see the full answer
How does the remote work structure benefit the Accounting Associate role in Cape Town?

The Accounting Associate role in Cape Town is fully remote, allowing you to enjoy the flexibility of working from home while maintaining a balanced workflow from 9 AM to 6 PM EST. This structure promotes a healthy work-life balance and eliminates commutes, enabling you to dedicate more time to your responsibilities.

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What software expertise is expected from the Accounting Associate at our Cape Town location?

As an Accounting Associate at our Cape Town location, you are expected to have strong expertise in using accounting software and payroll systems, including bill.com, Xero, QuickBooks, Justworks, and Gusto. This knowledge will enhance your efficiency and accuracy in processing financial data.

Join Rise to see the full answer
What steps are involved in the application process for the Accounting Associate position?

To apply for the Accounting Associate position, you need to complete the application form and record a video showcasing your skill sets. This thorough application process helps us understand your capabilities and how they align with our team's objectives.

Join Rise to see the full answer
Common Interview Questions for Accounting Associate
What experience do you have in accounts payable as an Accounting Associate?

When answering this question, focus on specific tasks you've handled in your previous roles, such as processing vendor invoices, reconciling statements, and maintaining accurate accounts payable records. Highlight any software or tools you've used to streamline these processes.

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Can you describe your approach to handling payroll processing for employees?

For this question, emphasize your understanding of payroll regulations and your experience with ensuring accuracy in employee payments. Mention how you manage different types of compensation, like bonuses and overtime, while ensuring compliance with applicable laws.

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How do you ensure accuracy while performing financial data entry?

Discuss the methods you use to maintain accuracy, such as double-checking entries, using accounting software features, or implementing systematic checks. You can also share examples of how you've resolved discrepancies in the past.

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What strategies do you use to manage your time effectively in a fast-paced accounting role?

Here, you can share techniques such as prioritizing tasks based on deadlines, using scheduling tools, and setting daily goals. Mention any experiences where your time management directly contributed to successful project completions.

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Can you provide an example of a challenging vendor issue and how you resolved it?

Prepare a specific example that showcases your problem-solving skills and ability to maintain professionalism. Highlight your communication strategy and the outcome, focusing on rebuilding vendor relationships during challenging situations.

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How do you keep up with changes in accounting regulations and practices?

Discuss your commitment to professional development, such as participating in webinars, taking courses, or following specific finance publications. Mention any memberships in professional associations that help you stay informed.

Join Rise to see the full answer
What accounting software are you most comfortable using, and why?

Provide a comprehensive overview of your hands-on experience with various accounting tools, such as Xero, QuickBooks, or Gusto. Discuss your feelings about their features and your proficiency levels, highlighting any software that you believe enhances productivity.

Join Rise to see the full answer
Describe your experience with accounts receivable and how you track outstanding balances?

Here, focus on methods or systems you have employed to manage accounts receivable, such as tracking software or regular follow-ups. Share results such as improved collection rates or resolution times to demonstrate your effectiveness.

Join Rise to see the full answer
How do you maintain confidentiality in your accounting work?

This is an opportunity to illustrate your understanding of confidentiality protocols, such as restricting access to sensitive information and following company policies. Share anecdotes where maintaining confidentiality had an impact.

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What motivates you to excel as an Accounting Associate?

Convey your motivation and passions that drive your success, like the satisfaction of solving complex financial challenges, the joy of contributing to a team's success, or your commitment to continuous learning in the field of accounting.

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DATE POSTED
December 10, 2024

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