Accounts Receivable Staff Accountant, DailyPay
$69-90k
On-demand pay platform
Be an early applicant
On-demand pay platform
501-1000 employees
Be an early applicant
$69-90k
501-1000 employees
Company mission
To build a new financial system that starts working, the minute work starts.
Role
Who you are
- 2+ years of prior professional Accounts Receivable experience in private industry and/or public accounting
- Bachelor’s degree (or equivalent experience)
- Proficiency with Microsoft Excel and other Microsoft Office products
- Natural problem solver
- Excellent communication and interpersonal skills
- Must be comfortable working independently in a fast-paced environment with strong time-management skills, attention to detail, and demonstrated ability to multitask
Desirable
- Bachelor’s Degree in Accounting or related field
- Proficiency with Google Suite
- Proficiency with NetSuite ERP
What the job involves
- DailyPay is looking for an Accounts Receivable Accountant to join our Accounting team
- The AR Accountant will use their analytical skills to process and reconcile financial data, as well as ensure all activity has been recorded in our systems of record
- The AR Accountant will also have the opportunity to enhance our existing day to day processes and help design new processes that leverage technology to drive efficiency
- The Accounts Receivable Accountant role is located in New York City and will report to the Senior Accountant
- If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications
- End to end review and processing of customer invoices and payments in the company’s Accounting system, bank portals, and DailyPay’s internal system for a variety of products and services
- Work with clients and internal departments on collections of aged invoices along with escalating any issues to the Senior Accountant
- Management of internal Accounts Receivable inbox dedicated for client-facing and internal questions and issues
- Preparation of reconciliations and investigation of variances
- Creation of journal entries in the Accounting system and credit memos
- Preparation of internal reports and KPI’s used by management
- Assisting in automating our current invoicing and cash application processes
Our take
DailyPay hopes to transform the financial system through providing enterprises with on-demand pay solutions, including a raft of market-leading products and programs.
The fast-growing on-demand pay sector is fuelled both by added financial stressors for employees post-pandemic, and a real employee appetite for on-demand pay - in addition to hopes it will combat the draw of predatory payday loans. Multiple surveys suggest over half consider it an attractive benefit. This should incentivize adoption, as companies are likely to enjoy a competitive edge when it comes to employee recruitment and retention.
DailyPay’s leading reputation has, fortunately, attracted larger businesses who can take the hit, like Macdonalds, Kroger, and Lidl. The company has raised impressive funds which are cited to support domestic growth and international growth. This will allow DailyPay to invest in further product innovation.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Jan 2024
$75m
LATE VC
May 2021
$175m
SERIES D
Total funding: $279.8m
Company benefits
- 401(K) with 4% match
- Unlimited PTO
- Medical, Dental & Vision Plans
- Annual Learning Stipend
- DailyPay for DailyPay
Company values
- Do Your Research - Knowledge is power. Study, internalize and research so you can have a well-reasoned view. It’s about being prepared but also understanding that your view can change and evolve as you continue to do your research.
- Start Simple - When taking on something new, the key is to just get started. Don’t worry about automating everything, or having the perfect answer. Start simple. Test, learn, iterate.
- See The Circle - Every DailyPayer is part of this bigger mission and we are all working towards the same goal. Regardless of what you’re working on, you have a circle of colleagues that surround you. Involve them early and often, because it will make us stronger.
- Pull The Wagon - Winning takes teamwork, ambition and diligence, not egos. Pitch in and do whatever it takes to move the company forward. Leaders pull the wagon alongside the team. They don’t direct orders from it. Set the example. You’ll also probably learn more by doing so.
- Move The Line - Every day, in everything you do, challenge yourself and move the line. Push your own boundaries by focusing on incremental improvement. Be forward-thinking. Embrace change and innovation.
- We Win With Diversity - Diversity is more than just the sum of our many parts. It’s our superpower — not just the right thing to do, but how we win. Whether through our diversity of background, experience, opinions, or views, it’s how we build a sustainable business.
- Act Like An Owner - Decisions are creative opportunities for expansiveness. Be greedy for the best long-term outcome, even if it causes short-term sacrifice. Act with purpose and invent the future. Be maniacally focused on building the best long-term solutions for our stakeholders.
Company HQ
Financial District, New York, NY
Articles
Leadership
Kevin Coop
(CEO, not founder)Previous President, North America for Dun & Bradstreet and Group Exec and President at Black Knight. Was also the President of the Financial Services Division at Verisk.
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