What are the responsibilities and job description for the Junior Staff Accountant position at Language Testing International?
HYBRID: This position will require to be in the office 2 days a week in our Tarrytown, NY office
LTI:
Since 1992, Language Testing International (LTI), a Samsung company, has been a leader in language proficiency testing for more than 120 languages in over 60 countries. Our accredited ACTFL language assessments are widely recognized and accepted by major corporations, academic institutions, and government agencies. LTI's vision is to foster a global community where language proficiency is recognized and valued, thereby enhancing communication and cultural understanding in a variety of professional and personal contexts
Job Summary:
The Accounts Payable/Receivable/ Junior Accountant is responsible for performing a variety of accounting tasks related to the maintenance and processing of payable and receivable account transactions. This role ensures accuracy and efficiency in operations, processes and monitors incoming payments, and secures revenue by verifying and posting receipts.
Responsibilities:
Accounts Receivable Duties:
- Generate and send out invoices and credit memos to customers twice monthly.
- Follow up on, collect, and apply payments daily (cash, checks, credit cards)
- Manage customer deposits, perform account reconciliations and resolve any discrepancies.
- Prepare and manage customer statements and aging reports.
- Process refunds for B2C via Paypal
Accounts Payable Duties:
- Process vendor invoices and verify accuracy against purchase orders.
- Enter invoices into the accounting system for payment.
- Schedule and prepare payments via checks, wire transfers, and ACH twice monthly
- Reconcile accounts payable transactions and resolve discrepancies.
- Assist in onboarding new vendors and manage vendor relations.
- Assist in preparation of 1099s at year end
Audit and Compliance:
- Assist in internal and external audits.
- Ensure compliance with company policies and accounting regulations.
- Help maintain accurate and organized financial records
Administrative Duties:
- Answer and direct phone calls related to accounting inquiries.
- Provide support to the finance team as needed.
- Assist with special projects and perform other related duties as assigned.
Qualifications:
Education: Associate's degree in Accounting, Finance, or a related field preferred.
Experience: Prior experience in accounts payable/receivable or a related field is a plus but not required for entry-level applicants.
Skills:
- Basic understanding of accounting principles and procedures.
- Proficiency in Microsoft Office, especially Excel.
- Experience with accounting software, preferable Sage 100 is an advantage
- Strong attention to detail and accuracy.
- Excellent organizational and time management skills.
- Good communication and interpersonal skills.
Work Environment:
- The ability to come to the Tarrytown, NY office 2 to 3 days a week
- Collaborative and supportive team environment.
Note to Recruiting Agencies:
LTI does not accept unsolicited resumes or referrals from recruiting agencies. All candidates must apply directly through our LinkedIn posting or careers page to be considered for this role.
Benefits:
- Competitive salary and benefits package.
- Opportunities for professional development and career growth.
- Supportive and inclusive company culture.
Salary : $50,000 - $60,000