About The Princeton Review: The Princeton Review/Tutor.com is a leading tutoring, test prep, and college admission services company. Every year, it helps millions of college- and graduate school–bound students achieve their education and career goals through online and in-person courses delivered by a network of more than 4,000 teachers and tutors, online resources, and its more than 150 print and digital books published by Penguin Random House. The company’s Tutor.com brand is one of the largest online tutoring services in the U.S. It comprises a community of thousands of tutors who have delivered more than 22 million one-to-one tutoring sessions. The Princeton Review is headquartered in New York, NY. Follow the company on LinkedIn, YouTube and Instagram.
Summary of Position:
As the Accounting Manager for The Princeton Review, you will be charged with driving the efficient preparation of financial statements in accordance with US Generally Accepted Accounting Principles. The Accounting Manager is an essential role on our accounting team that supports all areas of our business, from our broad Field organization to our centralized corporate departments. Working with professionals throughout the organization this position is both analytical and collaborative, as we work with business partners to promote best practices and process improvements, and report on financial results to our parent company. Attention to detail and problems solving skills are essential traits for this successful candidate. Note this position is fully remote. If you are ready to work for the nation's leader in test preparation and play a key role in leading our accounting organization, we want to hear from you!
Responsibilities:
Accounting
- Manage and oversee the operations of the accounting department including: the proper recording of revenue, expenses including expense accruals, and balance sheet items including cash, accounts receivable and deferred revenue. Ensure timeliness, quality, accuracy and completeness of all financial and accounting transactions and reporting.
- Manage the monthly financial close process in accordance with the close checklist in a timely manner, including the following
- revenue recognition as per Company policy
- all costs incurred are properly recorded
- prepare and review journal entries.
- review and supervise monthly reconciliation of general ledger accounts including bank reconciliations.
- Analyze financial results and perform variance analysis to budget and prior year. Maintain detailed supporting documents. Provide support to the Controller and the CFO as needed, including ad-hoc financial analysis, and special projects.
- Prepare monthly, quarterly and annual financial reporting for internal and external use, including footnote and financial table preparation in US GAAP.
- Assist with annual close and annual interim & year end audit. Collaborate with external auditors to ensure successful audit results and compliance.
- Coordinate across the various accounting functions: accounts payable, accounts receivable, FP&A and tax.
Systems & Processes
- Develop, maintain and communicate accounting policy and procedures in accordance with US GAAP.
- Ensure all internal controls are maintained and in compliance with company policy.
- Actively participate in reviewing the operation of ERP system, modules and processes. Suggest improvements as needed. Lead the implementation of newly acquired ERP modules and assist in the integration of various accounting software with the ERP system.
- Identify cost saving & automation opportunities and efficiencies.
- Supervise a team of professional senior and staff accountants. Manage their capacity and workload allocation, hold them accountable for their assigned tasks, provide training and development and know when issues should be escalated.
Education, Background, Experience & Qualifications:
- 7-10 years of relevant work experience with at least three years of supervisory experience
- Strong understanding of US GAAP
- Bachelor's degree in Accounting and CPA
- Experience with ERP systems and reporting tools required. Knowledge of MS Dynamics Great Plains (GP) ERP and Management Reporter preferred.
- Proficient in Microsoft Excel
- Ability to take initiative and operate independently.
- Strong analytical, verbal and written communication skills
Preferred qualifications:
- Strong project management, and process improvement skills
- Proven ability to work in a cross-functional, fast-paced environment and to lead and drive complex initiatives. Demonstrated ability to accurately work with large amounts of financial and accounting data. Good planning and organizational skills.
- Strong interpersonal and verbal and written communication skills that demonstrate a proven record of being an effective part of a team-oriented staff.
- Experience with RAMP and Bill.com (Divvy)
Salary: $140,000 - $150,000 per year, based on a 40 hour work week.
The Company also provides eligible employees with a variety of benefit programs, generally including health, dental, and vision insurance, flexible spending accounts, health savings accounts, 401k plan with company match, life and disability insurance programs, and a number of programs that provide for both paid and unpaid time away from work
Please note that the above-referenced position can be performed anywhere in the United States except in the following states: Arkansas, Idaho, Mississippi, North Dakota, Rhode Island, South Dakota and Wyoming.
The Princeton Review is an equal employment opportunity employer. The Princeton Review’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, sexual orientation, gender identity or expression, age, marital status, disability, military status, genetic information, or any other basis protected by applicable law. The Princeton Review also prohibits harassment of applicants or employees based on any of these protected categories. It is also The Princeton Review’s policy to comply with all applicable laws respecting consideration of unemployment status in making hiring decisions.
The Princeton Review is a drug free workplace.
This application window is anticipated to close in 30 days
Pursuant to, and consistent with, any applicable state or local laws, such as the Los Angeles Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance for Employers, New York City Fair Chance Act, Philadelphia’s Fair Chance Hiring Law, and San Francisco Fair Chance Ordinance, [The Princeton Review or Tutor.com as appropriate] will consider for employment qualified applicants with arrest and conviction records.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.