Financial Accountant, Parallel Learning

Salary not provided

+ Equity options

Excel

Quickbooks

Junior and Mid level

New York

Remote from US

More information about location

Special education staff support for schools

Be an early applicant

Special education staff support for schools

101-200 employees

B2CB2BEducationTutoringLearningSocial ImpactMedTech

Be an early applicant

Salary not provided

+ Equity options

Excel

Quickbooks

Junior and Mid level

New York

Remote from US

More information about location

101-200 employees

B2CB2BEducationTutoringLearningSocial ImpactMedTech

Company mission

To support schools with the resources so every child can succeed in the classroom and beyond.

Job

Company

Role

Who you are

The ideal candidate has prior experience working in a high-growth or early-stage company and has a strong understanding of Finance and Accounting
This role is ideal for someone who is eager to take ownership of core accounting processes and grow with a mission-oriented company. A detailed understanding of all financial statements is a must
Detailed understanding of Income statement, Balance sheet and Statement of Cash flow is a must
Bachelor’s degree in Accounting or Finance
2-4 years of Accounting or Finance experience
Strong understanding of US GAAP accounting principles
Ability to prioritize tasks in a fast-paced environment
Proficiency in Excel and QuickBooks; familiarity with other softwares a plus
Highly organized with strong attention to detail
Strong communication and teamwork skills
Passion for Parallel’s mission

What the job involves

The Financial Accountant will play a key role in maintaining Parallel’s Accounting function: providing foundational support across core accounting functions
Reports To: CFO
Manage end-to-end monthly close processes, including preparation and review of journal entries
Ensure accurate and timely customer billing; support the development of a scalable and automated billing system
Perform cash and bank account reconciliations to maintain accurate cash flow reporting
Review and reconcile employee expense reports and corporate credit card transactions
Oversee accounts payable (AP) and accounts receivable (AR) transactions to ensure accuracy and timeliness
Prepare internal accounting documentation in support of the company’s first external audit
Support federal, state, and local tax filings and ensure compliance with applicable regulations
Contribute to ad hoc financial reporting projects and internal analysis requests
Identify, recommend, and help implement improvements to accounting systems, workflows, and internal controls

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.

While the company is still very young, its responding to a real market need and has already made impressive strides. In Q3 2024, the startup grew its provider network by 200%, with over 95% of providers choosing to stay with the company. And with recent funding to its name, the company is gearing up for an exciting future.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Led by a woman

Top investors

72% employee growth in 12 months

Trustpilot (3.4)

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

Leadership

Diana Heldfond

(Founder & 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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