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GL Accountant

My Financial Partner is a subsidiary of Teamshares (a national, for-profit company helping American small businesses become employee owned. We bring the resources of big business to small business, starting with stock ownership). My Financial Partner (MFP) supports these multiple network companies with a team of experienced accounting professionals, delivering fractional accounting resources. Join our team and play a crucial role in driving financial success for our network companies!

 

Position: GL Accountant


Responsibilities
  • Responsible for recording financial transactions in the accounting systems for multiple client companies.
  • Posts customer payments and maintains an up-to-date Accounts receivable aging report, as necessary.
  • Records vendor invoices in client’s accounting system, uses accounting judgement to code expenses to proper ledger accounts, obtains authorization to pay, and schedules payments in automated payable system.
  • Reconciles bank records to the general ledger accounts.
  • Processes online payroll and records transactions in proper ledger accounts.
  • Files sales and property tax as needed.
  • Perform other accounting tasks as needed by individual clients.
  • Diligently and accurately record time spent on multiple client engagements for budgeting and billing purposes. 


Requirements
  • Degree in Accounting, Finance, or related field
  • 3+ years of accounting and/or full charge bookkeeping experience
  • Working knowledge of accrual basis accounting and payroll requirements
  • Experience with QuickBooks Online and other cloud-based accounting automation tools.
  • Proficiency with Microsoft365 suite of products
  • Excellent communication and time management skills
  • Ability to multi-task and prioritize work
  • Critical thinker capable of initiating process improvements and problem-solving
  • Flexibility to manage multiple tasks and shift between priorities
  • Ability to work independently as a condition of remote based work
  • Enthusiastic, inquisitive and desire to learn a broad range of topics
  • A creative mindset with an ability to suggest improvements.


Benefits
  • Medical, Dental, Vision, FSA/HSA
  • 100% paid for employee (and dependents on most plans)
  • 15 days of vacation time to keep you balanced, rested and recharged and paid time off for 12 holidays, 5 sick days, and one foating holiday of your choice
  • Ongoing support and advice from Teamshares accounting, finance, and small business experts


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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About GL Accountant, Teamshares

Are you ready to take your accounting career to new heights? My Financial Partner, a proud subsidiary of Teamshares, is looking for a proactive and detail-oriented GL Accountant to join our dynamic remote team. In this role, you'll play a pivotal part in driving the financial success of multiple network companies by effectively managing their accounting needs. Your responsibilities will include recording financial transactions, handling customer payments, and maintaining up-to-date accounts receivable aging reports. You'll dive into the nuts and bolts of the accounting operations by coding vendor invoices, scheduling payments in our automated systems, and ensuring a seamless reconciliation of bank records with the general ledger. With a degree in Accounting or Finance and over three years of relevant experience under your belt, you’ll feel right at home in our engaging and supportive environment. You’ll utilize your expertise in QuickBooks Online, cloud-based tools, and the Microsoft365 suite, while also showcasing your communication and time management skills. We're not just looking for someone to fill a role; we want a creative thinker who loves problem-solving and isn't afraid to suggest improvements. Let your accounting knowledge shine as you collaborate with our talented team and support small businesses in their journey towards employee ownership. If you’re enthusiastic and ready to learn while contributing meaningfully to our mission, we can't wait to meet you!

Frequently Asked Questions (FAQs) for GL Accountant Role at Teamshares
What are the main responsibilities of the GL Accountant at My Financial Partner?

As a GL Accountant at My Financial Partner, your main responsibilities will encompass recording financial transactions, posting customer payments, and maintaining accurate accounts receivable aging reports. You'll also manage vendor invoices, ensure proper coding of expenses, facilitate online payroll processes, perform bank reconciliations, and file necessary taxes. Additionally, you will record time spent on client engagements for budgeting and billing, making you an integral part of our network companies' financial operations.

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What qualifications are required for the GL Accountant position at My Financial Partner?

To be considered for the GL Accountant role at My Financial Partner, you should possess a degree in Accounting, Finance, or a related field, along with a minimum of three years of accounting or full-charge bookkeeping experience. Ideally, you’ll have a strong understanding of accrual basis accounting, payroll requirements, and hands-on experience with QuickBooks Online and other accounting tools. Proficiency in the Microsoft365 suite and exceptional communication skills are also essential for this remote position.

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How does a GL Accountant contribute to the success of My Financial Partner?

The GL Accountant plays a crucial role in supporting My Financial Partner by ensuring that financial records are accurate and well maintained. Your work directly impacts the financial clarity and health of our client companies, allowing them to make better-informed decisions. By managing accounts payable and receivable effectively, reconciling bank statements, and maintaining compliance with tax regulations, you facilitate the smooth operation of our financial tasks and contribute to the overall mission of promoting employee ownership in small businesses.

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What tools and software are used by the GL Accountant at My Financial Partner?

In the GL Accountant position at My Financial Partner, you will primarily work with QuickBooks Online for accounting tasks, complemented by various cloud-based accounting automation tools. Familiarity with the Microsoft365 suite is also essential, as you'll utilize different applications for communication and documentation. Embracing technology plays a significant role in our remote work environment and enhances your efficiency in managing multiple clients.

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What benefits does My Financial Partner offer to GL Accountants?

As a GL Accountant at My Financial Partner, you can enjoy a comprehensive benefits package, including medical, dental, and vision insurance fully covered for you and your dependents on most plans. You'll also get 15 vacation days, 12 holidays, 5 sick days, and a floating holiday of your choice. Moreover, you’ll have ongoing support from Teamshares' experts in accounting, finance, and small business, making this a great opportunity for professional growth.

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Common Interview Questions for GL Accountant
Can you explain your experience with accrual basis accounting as a GL Accountant?

When asked about your experience with accrual basis accounting in the interview, share specific examples of how you've applied this accounting method in previous roles. Discuss situations where recognizing revenue and expenses was key to the accuracy of financial reports, showcasing your understanding of the timing differences that occur between cash flow and actual revenues or expenses.

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How would you handle discrepancies found during a bank reconciliation?

In responding to this question, emphasize your analytical skills and attention to detail. Describe the steps you'd take to identify and investigate discrepancies, such as checking transaction entries, verifying with bank statements, and communicating with relevant parties to resolve any issues. Highlighting your methodical approach will demonstrate your ability to maintain accuracy in your accounting duties.

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What accounting software have you used, and how proficient are you with it?

It’s important to convey your familiarity with accounting software during the interview. Clearly state your experience with QuickBooks Online, detailing your proficiency level and specific functions you're comfortable with, such as billing, invoicing, or payroll processing. Mention any other cloud-based tools you’ve used, showing your adaptability to various platforms, which is a key asset for the GL Accountant role at My Financial Partner.

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How do you prioritize your tasks when handling multiple clients?

When discussing your task prioritization strategies, emphasize your time management skills. Explain how you assess deadlines, client needs, and the urgency of different tasks. Mention using tools like calendars or project management software to keep organized while ensuring you dedicate time for thoroughness and accuracy. This shows that you can handle the dynamic demands of being a GL Accountant.

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Tell me about a complex accounting problem you solved in a previous role.

Share a specific example of an accounting issue you faced and detail the steps you took to address it. Focus on your analytical thinking, problem-solving skills, and creative solutions that led to a successful outcome. Whether it's reconciling discrepancies or improving workflow, these examples will illustrate your value as a GL Accountant.

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What role does teamwork play in your accounting experience?

Discuss how collaboration with team members has benefited your work as a GL Accountant. Provide examples of working closely with other departments or clients to gather information or provide insights, emphasizing how effective communication and teamwork lead to more accurate financial outcomes and enhanced problem-solving capacities.

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How do you stay up-to-date with accounting regulations and practices?

Mention proactive steps you take to keep informed about accounting regulations and industry practices, such as following relevant publications, attending webinars, or participating in professional organizations. This demonstrates your commitment to continuous professional development, which is vital for a GL Accountant in adapting to changing regulations and best practices.

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Can you share your approach to coding vendor invoices correctly?

Interviewers are keen to know your accuracy with coding vendor invoices. Describe your systematic approach, including reviewing purchase orders, matching invoices to services or products, and checking for authorization before coding. This detail showcases due diligence and a meticulous nature that is vital in maintaining accurate financial records.

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How do you ensure accuracy in your financial reports?

To answer this question, explain the processes you use to double-check your work, such as cross-referencing figures and employing checklists. Mention any specific techniques, like using variance analysis or reconciliation strategies, to verify the accuracy of the reports you prepare. Your commitment to precision will resonate well with the interviewer.

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What qualities do you think are essential for a successful GL Accountant?

Discuss essential qualities such as attention to detail, analytical thinking, strong communication skills, and adaptability. Highlight how these traits align with your personality and work style. By showcasing your understanding of what makes a successful GL Accountant, you position yourself as an ideal candidate for the role at My Financial Partner.

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To create $10 billion of new wealth for lower income and working class Americans through employee ownership. Our mission is to make employee ownership the future of small business.

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Full-time, remote
DATE POSTED
January 10, 2025

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