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Job Department: Finance & Accounting

Job department: Finance & Accounting

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Commissions Specialist

Boston , Massachusetts
Description

 

 

Shorelight Education — Commissions Specialist

Boston, Massachusetts

About Us

Shorelight Education is reinventing the international education experience for students worldwide. Based in Boston, the company works directly with top-ranked, nonprofit American universities to build innovative programs and high-touch, technology-driven services that help talented students thrive and become global citizens.

 

Job Overview

The Commissions Specialist analyzes, processes, and manages commission and bonus payments to global channel partners and recruitment team staff members. Reporting to the Commissioners Manager, this individual assists throughout the entire process, from data verification through completion of payment. The ideal candidate enjoys working in a challenging and fast-paced environment and welcomes this opportunity to support our continued success and growth.
 

Essential Functions

Commissions & Bonus

  • Review and analyze bonus and commission plans; calculate bonus and commission liabilities
  • Work with Commissions Analyst to partner with teams to gather all student enrollment information across all partner universities
  • Assist in the production and distribution of commission and bonus statements
  • Maintain and analyze system data that is critical for commission functions
  • Proactively identify areas of concern in commissioning process and recommend improvements
  • Process commission and bonus payments and record entries in the accounting system
  • Assist in automation initiatives for commission and bonus processing
  • Reconcile commission payment to revenue recognition schedule

Minimum Qualifications

  • B.A./B.S. degree
  • Strong proficiency in Microsoft Excel
  • 1-2 years of experience in an analytical or a finance–oriented role, preferably commissions related
  • Ability to work independently and as part of a team and take on new tasks with high level of difficulty
  • Customer service focused; strong problem–solving and analytical skills
  • Ability to take ownership of projects and drive them through completion

 

Preferred Qualifications

  • Working knowledge of Netsuite and Salesforce.com

 

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter.

Background Check Required–Education, Criminal, Identity

Shorelight Education is an Equal Opportunity Employer.

Apply
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Accounting Internship

Boston , Massachusetts
Description

About Us

Shorelight is reinventing the international education experience for students worldwide. Based in Boston, the company works directly with top-ranked, nonprofit American universities to build innovative programs and high-touch, technology-driven services that help talented students thrive and become global citizens.

Job Overview

The Accounting Intern will be involved in a couple of key accounting cycles and will gain understanding of the transactions to be able to assist with documentation of the Company’s internal control processes, including but not limited to order to cash, revenue recognition and expense amortization processes. This internship is designed to be both educational and practical. This position will have opportunity to interact with various team members within Finance/Accounting department as well as IT and Enrollment Service and Admissions Teams.

Essential Functions

  • Assist with daily partnership university cash account reconciliation and student refunds
  • Participate in the students’ program verification process for Summer 2020 intake
  • Document current process of daily cash reconciliation and weekly refunds
  • Document current student program reconciliation process between Salesforce.com and NetSuite
  • Gain understanding and document the Order to Cash process
  • Assist the commissions team with commissions and bonus expense waterfall calculations, as well as, process documentation from waterfall schedule to month-end assets capitalization and expense amortization journal entry
  • Assist in annual price-book update process
  • Ad hoc projects as needed

Minimum Qualifications

  • Pursuing a degree in accounting, finance, or a related field
  • Intermediate excel skill including formula, Vlookup, Pivot table
  • High attention to detail and strong organizational skills
  • Ability to adapt to changing business needs and to manage multiple priorities
  • Ability to take ownership of projects and drive them through to completion under supervision

Preferred Qualifications

  • Excellent verbal and written communication skill

Shorelight Education is an Equal Opportunity Employer.

Apply
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Senior Accountant-Shanghai China

Shanghai , China
Description

Shorelight — Senior Accountant, Shanghai

 

About Us

Shorelight is reinventing the international education experience for both students and universities. In partnership with leading U.S. institutions, we build innovative degree programs—whether on campus or cloud-based, in the United States or students’ home countries—that help students thrive and create a new generation of successful, globally minded alumni.

 

Job Overview

The Senior Accountant plays a leadership role within the global Finance team headquartered in Boston.  Reporting to the Director of Technical Accounting in Boston and the VP of China in Shanghai, the Senior Accountant is responsible for all local accounting operations in China.  The Senior Accountant will manage an Accounts Payable Specialist and lead the transition from the current outsourced accounting service model to a fully functioning in house accounting team. 

 

Essential Functions

Financial operations

  • Collaborate with local staff and the team in Boston to drive continuous improvement in the accuracy and timeliness of the monthly financial close process.
  • Manage the local payroll and accounts payable operations to ensure the Company’s vendor and employee payment obligations are completed on a timely and accurate basis.
  • Complete implementation of the Concur platform for the reimbursement of employee expenses
  • Work with the Corporate Controller to develop a robust internal control environment and ensure compliance with all tax and regulatory requirements. 
  • Promote the professional development of the accounting staff and help to build a culture characterized by teamwork, accountability, and a customer service mentality 

 

Financial reporting

  • Partner with the Corporate Controller and the financial planning and analysis team to support all financial reporting tasks including monthly budget to actual analyses. 
  • Assist in special projects and successful completion of the annual audit. 

Minimum Qualifications

  • Strong academic background in accounting & finance, at least 5 years of previous experience, and a minimum of 2 years of people management experience.
  • Advanced MS Excel skills
  • Proven project management skills with the ability to drive them through to completion
  • Strong problem-solving and analytical skills
  • High attention to detail and strong organizational skills
  • Ability to adapt to changing business needs and to manage multiple priorities
  • Excellent written and verbal English skills

 

Preferred Qualifications

  • CPA equivalent
  • Experience with NetSuite, Salesforce, Concur a plus

 

 

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter.

 

Shorelight is an Equal Opportunity Employer.

 

Apply
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Accounts Payable Specialist-China

Shanghai , China
Description

 

Accounts Payable Specialist

Shanghai, China

 

About Us

Shorelight is reinventing the international education experience for both students and universities. In partnership with leading U.S. institutions, we build innovative degree programs—whether on campus or cloud-based, in the United States or students’ home countries—that help students thrive and create a new generation of successful, globally minded alumni.

 

Job Overview

The Accounts Payable Specialist is a high-energy, team-oriented individual who has strong interpersonal skills, an exceptional customer service ethic, and a desire to be the face of the organization to its employees and vendors. Based in Shanghai and reporting to the Senior Accountant, Shanghai, this position provides accounts payable reconciliation services to the region and ensures that all incoming invoices are processed on a timely and accurate basis.  As a member of local finance team, this position works closely with the global finance team in Boston and provides a high level of service to our employees and external partners.  This position ensures that all payments and finance activities align with Global Compliance requirements and the FCPA. This is a fantastic career opportunity for a self-driven, highly motivated individual looking to work in the education sector and contribute to all aspects of a mission-driven global education organization.

 

Essential Functions

Employees expense

  • Conduct compliance reviews of expense reports submitted by employees and ensure that qualified supporting documents are received and properly filed. 
  • Help all employees to understand and follow expense reimbursement policies. 
  • Ensure that payments are processed on a timely and accurate basis and posted properly in the general ledger accounting system. 
  • Work closely with the Global Financial team in Boston and ensure that all local finance practices are aligned with global best practices and policies. 
  • Prepare required reports concerning employee expenses to ensure proper practices are being followed and expenditures are aligned with budgets.
  • Handle VAT fapiao verification and bookkeeping
  • Provide assistance with the annual audit and all interim reviews
  • Perform other ad-hoc assignments as needed

 

Vendor management

  • Process vendor expense transactions on a timely and accurate basis, including proper account setup, vendor invoice entry, and generation of periodic payment request runs for management approval
  • Reconcile vendor accounts to ensure compliance with company policies and vendor contract terms. Propose adjustments as needed for management approval
  • Manage all vendor agreements and ensure all agreements are handled in line with company policies

 

Minimum Qualifications

  • Bachelor’s degree in accounting 
  • 1-2 years accounting related work experience in a global organization
  • Familiarity with various accounting systems
  • Detail oriented and exceptional organizational skills
  • Strong customer service orientation and communication skills
  • Ability to meet deadlines and manage multiple tasks simultaneously
  • Open minded, resilient, good interpersonal skills, ability to work independently and with a team
  • Demonstrated experience with Microsoft Office Suite
  • Fluency both in oral and written English 

 

 

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter or send application to recruitmentchina@shorelight.com

 

Shorelight is an Equal Opportunity Employer.

 

Apply
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Shorelight – Senior Revenue Accountant

Boston , Massachusetts
Description
Shorelight — Senior Revenue Accountant
Boston, Massachusetts

About Us

Shorelight is reinventing the international education experience for students worldwide. Based in Boston, the company works directly with top-ranked, nonprofit American universities to build innovative programs and high-touch, technology-driven services that help talented students thrive and become global citizens.

Job Overview

The Senior Revenue Accountant is responsible for all aspects of revenue accounting and reconciliations. The Senior Revenue Accountant must work well with others and have the ability to interact effectively with cross-functional teams. Reporting to the Senior Revenue Manager, this role supports Shorelight’s continued success and growth in a challenging and fast-paced environment.

Essential Functions

  • Review partnership agreements to ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards
  • Manage monthly revenue and AR close process by partnering with Staff Accountants to ensure timely and accurate posting of monthly revenue and reporting of AR and customer deposit balances
  • Reconcile key revenue accounts, including but not limited to AR, AR allowance, and deferred revenue
  • Complete other revenue and AR-related projects for the partnership schools assigned
  • Prepare commission-related journal entries and associated account reconciliations
  • Perform custom revenue reporting and margin analysis at the partner and student levels
  • Partner with operations and IT teams on price setting and related system updates
  • Collaborate with NetSuite System Administrator to ensure new programs are added to NetSuite on a timely and accurate basis
  • Drive continuous improvement in systems, including the integration between Salesforce and NetSuite
  • Process customer refunds and write-offs, and prepare associated accounting entries
  • Assist in annual audit requests in the areas of AR, deferred revenue, revenue, and commissions

Minimum Qualifications

  • Bachelor’s degree in Accounting
  • Strong knowledge of generally accepted accounting principles (GAAP)
  • Advanced MS Excel skills
  • Strong problem-solving and analytical skills
  • High attention to detail and strong organizational skills
  • Ability to adapt to changing business needs and to manage multiple priorities
  • Ability to take ownership of projects and drive them through to completion
  • Excellent written and oral communication skills
  • Eligible to work in the United States without sponsorship

Preferred Qualifications

  • Strong knowledge of NetSuite, including but not limited to saved searches, report building, customs imports, sales order/invoice template creation
  • Knowledge of Salesforce.com
  • CPA

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter.

Background Check Required – Identity, Education, Criminal

Shorelight is an Equal Opportunity Employer.

Apply
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Director, Technical Accounting

Boston , Massachusetts
Description

Shorelight— Director, Technical Accounting

 Boston, MA

About Us

Shorelight is reinventing the international education experience for students worldwide. Based in Boston, the company works directly with top-ranked, nonprofit American universities to build innovative programs and high-touch, technology-driven services that help talented students thrive and become global citizens.

 Job Overview

The Director of Technical Accounting will provide technical accounting support to the business and corporate accounting, document key accounting positions, serve as the technical accounting subject matter expert with respect to the company’s accounting policies, SEC filings and emerging accounting issues from the FASB and /or SEC. This position will report directly to the Chief Financial Officer.

 Essential Functions

  • Oversee company-wide technical accounting consultation via research on and analysis of complex accounting issues, applying relevant technical guidance and interpretation.
  • Full documentation and communication, including recommendation, of accounting treatment to finance personnel across the company.
  • Build and manage strong business partnerships with key business development, legal and finance teams in development of partnership contracts to ensure positive financial terms and that revenue is recognized in accordance with corporate policies and GAAP.
  • Lead and document the implementation of improvements to accounting processes and policies
  • Continuously monitor, document and communicate the development of new accounting standards, interpretations, and emerging guidance to the finance organization, including current and future impact on the company.
  • Specific areas of interest are revenue recognition, contract management and financial implications, business combination, equity, goodwill and other intangible assets and strategic partnerships.
  • Work proactively with external auditors to drive timely closure of technical accounting matters to ensure proper accounting and disclosures along with documentation of accounting memos
  • Oversee, implement and maintain the company’s accounting policies and monitor compliance; work with the CFO and finance leadership to lead policy initiatives and adoption of accounting guidance.
  • Assist in the financial policy transition and accounting of any newly acquired businesses.
  • Provide training on new or existing accounting standards to company employees.
  • Assist with oversight of Sarbanes Oxley process.
  • Assist with oversight of the monthly close process and related improvement initiatives.
  • Oversee income tax process including coordination with third party tax preparers for filing returns and recording the tax provision within the financial statements.

 Minimum Qualifications

  • Bachelor’s degree in Accounting with Big 4 CPA certification required.
  • Minimum of 8 years related work experience applying GAAP accounting and SEC requirements, including minimum of 4 years auditing experience within a large, multi-national public accounting firm (e.g. Big 4); experience in both private and publicly held international companies preferred.
  • Knowledge of Corporate HQ consolidation of international entities
  • Eligibility to work in and travel freely to and from the United States without sponsorship

Preferred Qualifications

  • Experience with an IPO desired
  • Experience with tier-1 and tier-2 financial systems preferred

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter.

 Background Check Required–Education, Criminal, Identity

 Shorelight is an Equal Opportunity Employer

Apply
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Shorelight — Revenue Accounting Manager

Boston , Massachusetts
Description
Shorelight—Revenue Accounting Manager
Boston, Massachusetts

About Us

Shorelight is reinventing the international education experience for students worldwide. Based in Boston, the company works directly with top-ranked, nonprofit American universities to build innovative programs and high-touch, technology-driven services that help talented students thrive and become global citizens.

Job Overview

The Revenue Accounting Manager is responsible for all aspects of revenue accounting and reconciliations. He or she works closely with the Senior Accounting Manager, Revenue to help shape and streamline billing processes and drive effective project implementation processes with our many internal business partners. The Revenue Accounting Manager must be able to work well with others and interact effectively with cross-functional teams. The Revenue Accounting Manager pays close attention to details, has strong organizational skills, and enjoys working in a challenging and fast-paced environment. The ideal candidate welcomes the opportunity to support Shorelight’s continued success and growth. This position reports to the Senior Accounting Manager, Revenue.

Essential Functions

Revenue Accounting

  • Lead the company’s progression revenue recognition process by ensuring the accuracy of progression data and recording revenue appropriately in accordance with ASC 606
  • Review partnership agreements to ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards
  • Review the company’s commissions and agent bonus payout statements and record the associated expense amortization entries
  • Manage monthly revenue, AR, deferred revenue, and commissions close process; record journal entries and complete associated account reconciliations
  • Review monthly AR aging file with staff accountants and campus teams; collaborate with the team to achieve continuous improvement in the AR collection process
  • Assist with audit tasks related to revenue, AR, and commissions
  • Train and mentor junior team members on technical accounting skills

Strategy and Data Management

  • Perform custom revenue reporting and margin analysis at the student and partner levels
  • Track and record new revenue streams produced by the company’s dynamic business model

Minimum Qualifications

  • Bachelor’s degree in accounting
  • 8+ years of related accounting experience
  • Strong knowledge of accounting principles (GAAP)
  • Advanced MS Excel skills
  • Ability to take ownership of projects and drive them through completion
  • Excellent written and oral communication skills

Preferred Qualifications

  • 3+ years of public accounting experience
  • CPA license

 

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter.

Background Check Required–Education, Criminal, Identity

Shorelight is an Equal Opportunity Employer.

Apply
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Shorelight Education – Senior Financial Planning Analyst

Boston , Massachusetts
Description

About Us

Shorelight Education is reinventing the international education experience for both students and universities. In partnership with leading U.S. institutions, we build innovative degree programs—whether on campus or cloud-based, in the United States or students’ home countries—that help students thrive and create a new generation of successful, globally-minded alumni.

Job Overview

Shorelight Education seeks a Senior Financial Planning Analyst (FP&A) to join our growing Corporate Finance team. The Corporate Finance team is responsible for managing business planning and evaluating investment opportunities. The Senior Financial Planning Analyst will act as a strategic advisor to our leadership team, university partners, and global recruitment network by providing financial input to execute our business strategy. This role will have the unique ability to participate and influence all aspects of the business.

 

Essential Functions

  • Monitor financial performance across product & loss (P&L), balance sheet, and cash flow statements and highlight trends across key performance indicators
  • Partner with accounting team to execute the monthly close and provide business reporting to department and university leaders to help drive business performance through visibility and accountability
  • Provide analytical support to department and university leaders for ongoing initiatives and ad hoc requests
  • Build financial models for new business initiatives and work closely with department and university leaders to validate that the return on investments (ROI) of initiatives are in line with strategic expectations
  • Lead annual budget and monthly forecasting process for designated business areas
  • Build efficient and repeatable processes to improve automation of standardized reporting, including use of business intelligence (BI) tools
  • Assist CFO and corporate finance team by creating presentation materials for our board meetings and quarterly business reviews

Minimum Qualifications

  • Bachelor’s degree in Finance, Economics or Accounting
  • 4+ years of experience in Finance or Accounting with increasingly challenging roles
  • 2+ years of direct Financial Planning & Analysis experience
  • Advanced Microsoft Excel skills, including strong experience with financial modeling and advanced functions and formulas
  • Demonstrated ability to build strong relationships and influence business partners
  • Ability to think creatively, highly-driven and self-motivated
  • Attention to detail and ability to prioritize effectively in a fast-paced environment
  • Ability to condense complex analysis into actionable information for business leaders
  • Articulate with excellent verbal and written communication skills
  • Eligibility to work in, and travel freely to and from, the United States without sponsorship

Preferred Qualifications

  • MBA
  • Experience with Adaptive Planning
  • Experience with Tableau
  • Experience with Salesforce

Application Process

To be considered for this position, please visit the Shorelight Careers page to apply with a resume and cover letter.

Background Check Required–Education, Criminal, Identity

Shorelight Education is an Equal Opportunity Employer.

Apply
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Shorelight Education — Senior Revenue Accountant/ Financial Systems

Boston , Massachusetts
Description

Shorelight Education —Senior Revenue Accountant/ Financial Systems

Boston, Massachusetts

About Us

Shorelight Education is reinventing the international education experience for students worldwide. Based in Boston, the company works directly with top-ranked, nonprofit American universities to build innovative programs and high-touch, technology-driven services that help talented students thrive and become global citizens.

Job Overview

The Senior Revenue Accountant/Financial Systems reports to the Sr. Accounting Manager, Revenue and is responsible for all aspects of revenue accounting and reconciliations.  Reporting to the Senior Revenue Manager, the Senior Revenue Accountant/Financial Systems must work well with others and have the ability to interact effectively with cross-functional teams.  This role supports Shorelight’s continued success and growth in our challenging and fast-paced environment.

Essential Functions

Finance

  • Review partnership agreements to ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards
  • Manage monthly revenue and AR close process by partnering with Staff Accountants to ensure timely and accurate posting of monthly revenue and reporting of AR and customer deposit balances
  • Maintain revenue waterfall and continuously improve the reporting on revenue/deferred revenue to provide more transparency and insight into revenue analysis
  • Reconcile key revenue accounts, including but not limited to customer deposits and AR allowance
  • Complete other revenue and AR-related projects for the partnership schools as assigned
  • Assist in annual audit and quarterly review related to revenue matters

Systems

  • Serve as the NetSuite subject-matter expert for the finance team, performing such tasks as dashboard customization and custom reporting to meet team objectives
  • Partner with data analysis team to perform custom revenue reporting and margin analysis at the partner and student levels
  • Partner with operations and IT teams on price setting and related system updates
  • Collaborate with NetSuite System Administrator to ensure new programs are added to NetSuite on a timely and accurate basis
  • Work with finance team members and external resources to enhance current data integrations to NetSuite and optimize revenue recognition and commissions-related processes

Minimum Qualifications

  • Bachelor’s degree in accounting
  • Strong knowledge of generally accepted accounting principles (GAAP)
  • Strong knowledge of NetSuite, including but not limited to saved searches, report building, custom imports, sales order/invoice template creation
  • Advanced MS Excel skills
  • Strong problem-solving and analytical skills
  • High attention to detail and strong organizational skills
  • Ability to adapt to changing business needs and to manage multiple priorities
  • Ability to take ownership of projects and drive them through to completion
  • Excellent written and oral language communication skills
  • Eligible to work in the United States without sponsorship

Preferred Qualifications

  • Master’s degree in information systems
  • P.A.
  • Experience with systems implementations and systems integration between NetSuite and Salesforce

Application Process

To apply for this position, please visit the Shorelight Careers page to submit an application with a resume and cover letter.

Background Check Required – Identity, Education, Criminal 

Shorelight Education is an Equal Opportunity Employer.

Apply