Edtech.com's Summary

PowerSchool Group LLC is hiring a Financial Reporting and Technical Accounting Manager. The role involves managing financial reporting processes, ensuring compliance with U.S. GAAP, coordinating with auditors, and improving automated financial reports in collaboration with IT and Financial Reporting teams.

Highlights

Lead financial reporting and technical accounting functions.
Stay current on U.S. GAAP standards and interpret their impact on financial statements.
Manage annual audited financial statement preparation and coordination.
Develop and maintain accounting policies, procedures, and controls.
Provide training and accounting guidance to staff and business partners.
Coordinate with external auditors during quarterly and annual engagements.
Minimum 6+ years of related experience and a bachelor's degree or equivalent.
Proficient in Excel with strong project management and communication skills.
Preferred experience includes public accounting, SEC reporting, and familiarity with NetSuite and Workiva.
Estimated base salary range: $114,800 - $156,800 USD, with comprehensive benefits including insurance, 401(k), parental leave, and tuition reimbursement.

Financial Reporting and Technical Accounting Manager Full Description

Overview:

At PowerSchool, we are a dedicated team of innovators guided by our shared purpose of powering personalized education for students around the world. From the central office to the classroom to the home, PowerSchool supports the entire educational ecosystem as the global leader of cloud-based software for K-12 education. Our employees make it all possible, and a career with us means you’re joining a successful team committed to engaging, empowering, and improving the K-12 education experience everywhere.

Team Overview

Our Finance team is a passionate, high-performing group committed to supporting PowerSchool operations through accurate and timely financial transaction management. The team provides critical business guidance on a broad range of accounting, reporting, and analytical projects, ensuring the integrity of financial data. Responsibilities:

Our Accounting team manages business transactions on behalf of the organization, reporting on company performance, issuing financial statements, and maintaining financial records.

Your day-to-day job will consist of:

Liaise with partners in IT and Financial Reporting to leverage and/or implement enhanced and automated financial reporting.
Stay updated on U.S. GAAP accounting standards and assess their impact on the Company's financial statements.
Resolve accounting questions raised from the business by performing technical accounting research and assist in documenting conclusions reached in memos.
Manage the annual audited financial statement drafting process, including tie-out of all statements and disclosures made, formatting of the document, and coordination with other functional departments.
Prepare and facilitiate internal reporting schedules for purposes of internal management and lender reporting.
Develop, implement, and maintain policies, procedures, controls and systems to ensure process/policy changes are implemented, and transactions are properly accounted for. Provide accounting guidance and training to staff and business partners as required.
Coordinate with external auditors on quarterly / annual engagements.
Assist in various cross-functional projects and participate in various ad-hoc special projects as assigned.

Qualifications:

Minimum Qualifications

Minimum of 6+ years of relevant and related work experience.
Bachelor’s degree or equivalent, or equivalent years of relevant work experience.
Additional experience may be substitute for an advanced Degree.
Working knowledge of key business processes (financial close, procure to pay, etc.).
Experiences and strong knowledge of US GAAP.
Strong project management/organizational and planning skills; ability to manage multiple projects efficiently and prioritize tasks to meet project deadlines.
Proficient in Excel and ability to quickly learn new systems.
Ability to work effectively in a fast-paced environment and work overtime during month-end and quarter-end periods.
Ability to prioritize and manage multiple tasks simultaneously.
Strong Communicator – you excel in both verbal and written communications vertically throughout the organization.
Creative problem solver with an ability to think strategically and present information in a concise fashion.

Preferred Qualifications

Public accounting and/or SEC reporting experience highly desired
Experience with NetSuite a plus and Workiva a plus

Compensation & Benefits:

Compensation & Benefits

PowerSchool offers the following benefits:

Comprehensive Insurance Coverage (including Medical, Dental, Vision, Pharmacy benefits, Life Insurance and AD&D)
Flexible Spending Accounts and Health Savings Accounts
Short-Term Disability and Long-Term Disability
Comprehensive 401(k) plan
Generous Parental Leave
Unrestricted paid time off (known as Discretionary Time Off - DTO)
Wellness Program, including ClassPass & Employee Assistance Program
Tuition Reimbursement
Optional Benefits: Pet Insurance, Identity Theft Protection, Student Debt Repayment Program and Prepaid Legal coverage

A reasonable estimate of the base compensation range for this position is $114,800 - $156,800 USD. This compensation range is specific to the United States and it incorporates many factors including but not limited to an applicant's skills and prior relevant experience and training; licensures, degrees, and certifications; specific geographic location; internal equity; internal pay ranges; and market data/range parameters. EEO Commitment:

EEO Commitment

PowerSchool is committed to a diverse and inclusive workplace. PowerSchool is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Our inclusive culture empowers PowerSchoolers to deliver the best results for our customers. We not only celebrate the diversity of our workforce, we celebrate the diverse ways we work. If you have a disability and need an accommodation regarding our recruiting process, please let us know by emailing accommodations@powerschool.com.

#LI-ME1 #LI-HYBRID

Original Job Description

Overview:

Team Overview

Our Accounting team manages business transactions on behalf of the organization, reporting on company performance, issuing financial statements, and maintaining financial records.

Your day-to-day job will consist of:

Liaise with partners in IT and Financial Reporting to leverage and/or implement enhanced and automated financial reporting.
Stay updated on U.S. GAAP accounting standards and assess their impact on the Company's financial statements.
Resolve accounting questions raised from the business by performing technical accounting research and assist in documenting conclusions reached in memos.
Manage the annual audited financial statement drafting process, including tie-out of all statements and disclosures made, formatting of the document, and coordination with other functional departments.
Prepare and facilitiate internal reporting schedules for purposes of internal management and lender reporting.
Develop, implement, and maintain policies, procedures, controls and systems to ensure process/policy changes are implemented, and transactions are properly accounted for. Provide accounting guidance and training to staff and business partners as required.
Coordinate with external auditors on quarterly / annual engagements.
Assist in various cross-functional projects and participate in various ad-hoc special projects as assigned.

Qualifications:

Minimum Qualifications

Minimum of 6+ years of relevant and related work experience.
Bachelor’s degree or equivalent, or equivalent years of relevant work experience.
Additional experience may be substitute for an advanced Degree.
Working knowledge of key business processes (financial close, procure to pay, etc.).
Experiences and strong knowledge of US GAAP.
Strong project management/organizational and planning skills; ability to manage multiple projects efficiently and prioritize tasks to meet project deadlines.
Proficient in Excel and ability to quickly learn new systems.
Ability to work effectively in a fast-paced environment and work overtime during month-end and quarter-end periods.
Ability to prioritize and manage multiple tasks simultaneously.
Strong Communicator – you excel in both verbal and written communications vertically throughout the organization.
Creative problem solver with an ability to think strategically and present information in a concise fashion.

Preferred Qualifications

Public accounting and/or SEC reporting experience highly desired
Experience with NetSuite a plus and Workiva a plus

Compensation & Benefits:

Compensation & Benefits

PowerSchool offers the following benefits:

Comprehensive Insurance Coverage (including Medical, Dental, Vision, Pharmacy benefits, Life Insurance and AD&D)
Flexible Spending Accounts and Health Savings Accounts
Short-Term Disability and Long-Term Disability
Comprehensive 401(k) plan
Generous Parental Leave
Unrestricted paid time off (known as Discretionary Time Off - DTO)
Wellness Program, including ClassPass & Employee Assistance Program
Tuition Reimbursement
Optional Benefits: Pet Insurance, Identity Theft Protection, Student Debt Repayment Program and Prepaid Legal coverage

EEO Commitment

#LI-ME1 #LI-HYBRID

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Financial Reporting and Technical Accounting Manager

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