Edtech.com's Summary

PowerSchool Group LLC is hiring a Senior Accountant. The role involves managing high-risk accounting balances, conducting financial analysis, ensuring accurate financial closes, and improving financial processes to support business performance and regulatory compliance.

Highlights

Manage software capitalization and stock compensation accounting balances and policies.
Conduct financial performance analysis and provide insights to leadership.
Ensure timely and accurate monthly financial closes and reconcile balance sheet accounts according to US GAAP.
Identify and implement process improvements in financial workflows leveraging methodologies like Lean Accounting.
Collaborate with FP&A, tax, and audit teams to optimize financial operations.
Maintain strong internal controls and support external audits and tax filings.
Use advanced ERP systems such as NetSuite, Oracle, or Workday and accounting software.
Minimum 5+ years of relevant experience with a Bachelor's degree in Accounting, Finance, or related field; CPA or CMA preferred.
Experience in SaaS and EdTech industries is highly desired.
Estimated base salary range from $73,400 to $99,400 USD with comprehensive benefits including insurance, 401(k), parental leave, and tuition reimbursement.

Senior Accountant 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.

As Senior Accountant, your day-to-day job will consist of:

Oversee higher risk accounting balances and policies like software capitalization (ASC 985 and ASC 350), stock compensation (ASC 718)
Conduct financial analysis to assess business performance, identify trends, and provide actionable insights for leadership.
Ensure timely and accurate financial closes, conducting analytical reviews and variance explanations to maintain balance sheet integrity.
Manage and reconcile key balance sheet accounts, ensuring accuracy, completeness, and alignment with US GAAP.
Identify process inefficiencies in financial workflows and recommend improvements to enhance accuracy, automation, and scalability.
Lead process improvement initiatives, implementing best practices for financial reporting, reconciliations, and transaction processing.
Strengthen internal controls around financial reporting, ensuring compliance with regulatory requirements.
Collaborate with FP&A, tax, and audit teams to optimize financial operations and maintain financial stability.
Assist in implementing and refining accounting policies specific to SaaS and EdTech industries, aligning them with business objectives.
Support external audits and tax filings, ensuring transparency, consistency, and compliance in financial documentation.

Qualifications:
Minimum Qualifications

Minimum of 5+ years of relevant and related work experience.
Bachelor’s degree in Accounting, Finance, or related field.
Expertise in GAAP accounting
Strong proficiency in balance sheet reconciliations and financial analysis
Experience with process improvement methodologies, such as Lean Accounting or automation tools to streamline financial workflows.
Advanced knowledge of ERP systems (e.g., NetSuite, Oracle, Workday) and accounting software.
Exceptional analytical skills and attention to detail, with experience handling complex reconciliations.
Excellent communication and collaboration skills, with a proactive approach to problem-solving.

Preferred Qualifications

CPA or CMA preferred
Experience in SaaS and EdTech industries highly desired

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 $73,400 - $99,400 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:

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.

As Senior Accountant, your day-to-day job will consist of:

Oversee higher risk accounting balances and policies like software capitalization (ASC 985 and ASC 350), stock compensation (ASC 718)
Conduct financial analysis to assess business performance, identify trends, and provide actionable insights for leadership.
Ensure timely and accurate financial closes, conducting analytical reviews and variance explanations to maintain balance sheet integrity.
Manage and reconcile key balance sheet accounts, ensuring accuracy, completeness, and alignment with US GAAP.
Identify process inefficiencies in financial workflows and recommend improvements to enhance accuracy, automation, and scalability.
Lead process improvement initiatives, implementing best practices for financial reporting, reconciliations, and transaction processing.
Strengthen internal controls around financial reporting, ensuring compliance with regulatory requirements.
Collaborate with FP&A, tax, and audit teams to optimize financial operations and maintain financial stability.
Assist in implementing and refining accounting policies specific to SaaS and EdTech industries, aligning them with business objectives.
Support external audits and tax filings, ensuring transparency, consistency, and compliance in financial documentation.

Qualifications:
Minimum Qualifications

Minimum of 5+ years of relevant and related work experience.
Bachelor’s degree in Accounting, Finance, or related field.
Expertise in GAAP accounting
Strong proficiency in balance sheet reconciliations and financial analysis
Experience with process improvement methodologies, such as Lean Accounting or automation tools to streamline financial workflows.
Advanced knowledge of ERP systems (e.g., NetSuite, Oracle, Workday) and accounting software.
Exceptional analytical skills and attention to detail, with experience handling complex reconciliations.
Excellent communication and collaboration skills, with a proactive approach to problem-solving.

Preferred Qualifications

CPA or CMA preferred
Experience in SaaS and EdTech industries highly desired

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

#LI-ME1 #LI-HYBRID

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