Accounting Manager, Newsela
$105.8-125k
Offers incentive stock options
Online platform for education content
Be an early applicant
Online platform for education content
501-1000 employees
Be an early applicant
$105.8-125k
Offers incentive stock options
501-1000 employees
Company mission
Newsela's mission is to provide meaningful classroom learning for every student.
Role
Who you are
- You love a “team-first” mentality and are someone who enjoys problem solving and adapting to the constantly changing conditions typical to a fast-growing company
- You have 5+ years of experience in accounting, with a range of operational experience--from month end close reporting to process improvements
- You have an accounting educational background (Bachelor’s degree or higher)
- You have a strong understanding of financial reporting and US GAAP with experience in public accounting and/or public company experience
- You are a certified public accountant (CPA). You are all about efficiency and building a foundation for the finance function to scale, and have demonstrated success managing a team
- You have experience as team leader with managing teams of 1 or more staff
- You are an Excel guru, with a comprehensive background in building out models and templates to streamline processes; Netsuite and Salesforce system experience is a plus
- You have excellent analytical and problem-solving skills, are very organized and detail-oriented, thrive on process improvement, clean documentation, and enjoy working in a challenging, fast-paced environment
- A self-starter, you’re excited to apply what you know to strengthen the financial reporting and controls of our fast-growing company with a mission to transform the K-12 education industry
What the job involves
- The Accounting Manager will be responsible for delivering accurate, reliable, and timely monthly financial reporting
- You’ll be part of the team helping scale our accounting operations (documentation, processes, and systems) as Newsela grows
- You will work closely with our FP&A, Content, Technology, and Legal teams to set operational excellence standards on the team by improving day-to-day accounting processes and related documentation
- You will report directly to the Controller and will be responsible for leading the general ledger team (of 2-3 staff) which includes accruals, accounts payable, taxes, and capitalized software
- You’ll be instrumental in scaling our month-end close and financial reporting process by taking the lead in the process for all accounts outside of revenue
- As a leader on the accounting team, you will be a key player in our operational improvements, financial statements audits, and managing tax compliance requirements as Newsela scales our business
- You will have an opportunity to make a real impact by driving process improvement and system implementation efforts to streamline operations and improve the close process and overall scalability of our finance function
- Your work will enable quality reporting and accounting operations that support the growth of our business, enabling the expansion of Newsela’s reach and bringing engaging, culturally responsive learning content into the hands of K-12 students and teachers nationwide
Our take
While textbooks have been standard issue in classrooms for centuries, digital instructional materials are steadily becoming more prevalent. Newsela offers a learning platform that curates and rewrites news articles, historical speeches, and scientific papers to help accelerate learning.
The platform is available in both English and Spanish and includes quizzes, exercises, and writing prompts to help engage students at any level. More than 3.3 million teachers and 40 million K-12 students use the platform, which has proved extremely popular so far.
In 2021, Newsela reached unicorn status, joining EdTech competitors such as Quizlet and ApplyBoard. In 2022, research into the company's efficacy found that Newsela was 70% more effective at promoting reading skill maintenance and growth compared to an average summer reading program - demonstrating the value it brings to the space.
With its success so far, and a massive amount of funding at its back, Newsela is well placed to continue its expansion in the US market. Having recently focussed on updating and improving the platform, it now appears to be pursuing growth as it bolsters its leadership team and works to bring its operations to the "next level".
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Feb 2021
$100m
SERIES D
Mar 2019
$50m
SERIES C
Total funding: $172.2m
Company benefits
- Learning budget
- Commuter benefits
- Paternal leave
- Pet insurance
- Wellness discounts and resources
- Work from home opportunities
- Health insurance
- Unlimited time off
Company HQ
Theater District, New York, NY
Articles
Leadership
Dan Cogan-Drew
(Chief Academic Officer)A qualified teacher with extensive, varied experience since 1994. Recent roles include experience as Director of Programs at EDUCATION CONNECTION and Director of Digital Learning at Achievement First Public Charter Schools.
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