Accounting Manager, Parallel Learning
$100-130k
More information about location
Educational support platform
Open for applications
Educational support platform
101-200 employees
Open for applications
$100-130k
More information about location
101-200 employees
Company mission
To support schools with the resources so every child can succeed in the classroom and beyond.
Role
Who you are
- The ideal candidate has prior experience working in an early stage start-up, is a critical thinker, possesses excellent analytical skills, and has a deep understanding of accounting and finance
- This role is ideal for someone who is willing to learn and grow with a mission-oriented company
- Make an impact: you are motivated by a mission-driven culture
- Join a fast-growing startup: you love to solve ambiguous problems that don’t have a clear solution
- Learn and develop: you love to work on an agile team, adapting to the needs of the business as it grows, and learning from a hands-on leader
- Bachelor's degree in accounting, finance, or related field (CPA certification preferred)
- Minimum of 5 years of progressive experience in accounting or finance roles, with at least 1 year in a supervisory or managerial capacity
- Strong knowledge of accounting principles, financial reporting standards, and regulatory requirements
- Proficiency in accounting software and ERP systems (e.g., QuickBooks, NetSuite)
- Excellent analytical skills and attention to detail, with the ability to interpret complex financial data
- Effective leadership and communication skills, with the ability to collaborate cross-functionally and influence decision-making
- Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment
- A passion for the education industry and a strong commitment to our mission
- Must be authorized to work in the US
- Role is remote, but candidates interested in a hybrid setup in our NYC office is a plus
What the job involves
- Reports to: VP of Finance
- Parallel is seeking an Accounting Manager; in this role, you will play a key role in setting up an in-house Accounting function, building and improving internal processes
- Monthly Close and Reporting: Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP (Generally Accepted Accounting Principles). Ensure accuracy and completeness of financial data, identifying and resolving any discrepancies or issues
- Customer Billing: Oversee all aspects of customer billings and collections. Collaborate with customer success and provider pay teams to ensure accurate customer billing
- Expense and Cash Management: Manage cash flow and liquidity by monitoring accounts receivable, accounts payable, and cash balances. Partner with Strategic Finance to monitor expense budget and review variances versus plan
- Team Development: Grow and manage an offshore accounting team to drive process improvements and cost efficiencies
- Ad Hoc Projects: Contribute to financially oriented projects such as fundraising and M&A by collaborating with cross-functional teams to support business goals
Our take
One-fifth of US students struggle with some kind of thinking or learning difference, like dyslexia or dyspraxia - but classrooms are rarely fit to accommodate the special provisions required. Waitlists for private treatment, tutoring, and therapy can be prohibitively long - and the cost prohibitively steep, too. So what’s the answer? For educational support company Parallel, it’s about democratizing and accelerating access for students in need.
Parallel’s platform centralizes providers, resources, and assessment options which can see learners diagnosed and accessing support in a matter of days. It’s this rapid turnaround time, in fact, which has no doubt helped Parallel net partnerships with school systems: schools are legally obliged to offer educational support, but are often too under-resourced and overworked to comfortably do so within the legal time frame.
As this very young company begins to expand its services across the United States at a surprising pace, it's clearly responding to a real market need. With funding in the bag, Parallel has made a strong start to address it.
Kirsty
Company Specialist
Insights
Company
Funding (last 2 of 3 rounds)
Jan 2024
$6.2m
SERIES A
May 2022
$20m
SERIES A
Total funding: $29m
Company HQ
West Village, New York, NY
Articles
Leadership
Diana Heldfond
(CEO)Previously on staff at The Aspen Institute, and went on to work as a Strategic Advisory Analyst at PJT Partners, then as Strategy & Corporate Development Lead at Vitrina.ai.
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