Junior Accounting Specialist

2 weeks ago

Boston, United States New England College of Optometry Full time

The New England College of Optometry (NECO) is seeking candidates for the role of Junior Accounting Specialist. Reporting directly to the Assistant Controller, this integral position will collaborate with the Business Office team to ensure that the College's revenues and expenditures, along with those of its affiliate, the NECO Center for Eye Care, are accurately recorded in accordance with GAAP and institutional policies.

As a leading institution in optometric education, NECO is dedicated to preparing future eye care professionals through a comprehensive curriculum and extensive clinical training. The College serves a diverse student body of approximately 530 individuals from various states and countries.

The NECO Center for Eye Care functions as the clinical education and patient care branch of the College, providing a wide range of optometric services across Massachusetts, with nearly 90,000 patient visits annually at numerous locations.

This full-time role will primarily focus on cash receipts and general accounting functions. The Junior Accounting Specialist will uphold the integrity of financial data by recording, verifying, consolidating, and entering transactions. Close collaboration with the Assistant Controller, the Executive Director of Financial Operations, and other Business Office personnel will be essential in managing daily, monthly, and annual financial operations, as well as assisting in the financial closing processes.

Key Responsibilities:

Cash Receipts Management

  • Process and deposit incoming payments from students, donors, grantors, and other sources.
  • Maintain effective communication with various departments to inform them of received payments and clarify the source and proper accounting for any unexpected funds.
  • Review daily banking activities to ensure all transactions are appropriate and accurately recorded in the general ledger.

General Accounting Duties

  • Prepare, review, and record entries, invoices, and receivables on both general and subsidiary ledgers.
  • Set up new vendors within the ERP system.
  • Research and document cash receipts, including tuition payments, donations, and miscellaneous income.
  • Reconcile various general ledger accounts on a monthly basis.

Ideal Candidates Will Possess:

  • Strong analytical and problem-solving skills.
  • Ability to thrive in a fast-paced, multifaceted environment while managing multiple tasks simultaneously.
  • Proficiency in processing and validating large volumes of data.
  • Exceptional attention to detail and organizational skills.
  • Strong computer skills, particularly in Excel, Word, and web navigation.
  • Excellent interpersonal and communication skills, with the ability to engage with all organizational levels with professionalism and discretion.
  • Outstanding written and verbal communication abilities.
  • Commitment to accuracy and detail.
  • High level of professional integrity and ethical conduct.
  • Effective time management skills.
  • Collaborative working style.

Benefits Offered by New England College of Optometry:

  • Three options for BCBS medical coverage (with employer subsidy of 75% or more).
  • Mental health and wellness benefits.
  • BCBS dental coverage.
  • Discounted vision services.
  • Thirteen paid holidays and generous paid time off for sick leave, vacation, and personal days.
  • Employer-paid life insurance, along with short-term and long-term disability coverage.
  • Voluntary insurance options: life, critical illness, hospital indemnity, and accident insurance.
  • Voluntary benefits including employee discounts and pet insurance.
  • Nine percent employer contribution to a 403(b) retirement plan after one year of service, with no vesting schedule or matching requirement.
  • Qualified Public Service Loan Forgiveness Employer.

Salary Range: $60,000 - $65,000

NECO is committed to fostering a diverse workplace and is proud to be an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetic information, disability, age, or veteran status.

Requirements:

  1. Bachelor's Degree required, with a minimum of one year of post-degree professional experience in general accounting.
  2. Knowledge of Generally Accepted Accounting Principles (GAAP).
  3. Experience in higher education accounting is preferred.
  4. Familiarity with computerized ledger systems.

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