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Accounting Associate



Accounting & Finance
Boston, MA, USA
Posted on Thursday, August 31, 2023

At Compass, our mission is to help everyone find their place in the world. Founded in 2012, we’re revolutionizing the real estate industry with our end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients.

We are looking for an Accounting Associate who will be responsible for overseeing the accounting, reporting and collections for the special initiative rolled out by the Company across the United States. The role includes coordination with the internal agent finance and accounting teams, the new ventures team, agents, clients as well as third party providers administering these programs. Activities include vendor management/administration, accounting for the loan programs, reconciliation, reporting and collections.

The individual will also partner with the accounting team and various functions across the organization to ensure consistent application of policies and procedures and continuous improvement projects are achieved. The individual would be accountable to resolve any issues, escalations or contract disputes as well as focus on collections.

At Compass You Will

  • Be responsible for the end-to-end accounting, reconciliation and reporting of the loan programs
  • Manage the relationship with the third-party vendor administering the loans
  • Work with the accounting, operational teams, agents and clients across the United States
  • Provide excellent customer service by proactively managing issue resolution
  • Manage the collections for these loan programs as well as other receivables
  • Liaison with the operational finance teams on standardizing the collection efforts across the markets
  • Drive process improvement and re-engineer the loan program procedures toward a standard solution
  • Ensure proper controls are operating effectively and collaborate with the accounting team on improvements
  • Work with the accounting team on the allowance for doubtful debt analysis
  • Create and distribute accurate internal and external reports
  • Support with the annual financial audit requirements
  • Manage and resolve inquiries related to these loan programs for both internal and external stakeholders
  • Perform special projects as assigned

What We're Looking For

  • Bachelor’s Degree in Finance/Accounting or equivalent experience required
  • Big 4 experience, preferred
  • Basic knowledge of residential real estate, preferred
  • Experience working with/in consulting firms or large multinational businesses
  • Experience working across multiple geographical entities
  • Certified Public Accountant (CPA), a plus
  • Strong interpersonal skills for interacting with cross functional teams, agents, clients and third-party providers
  • Strong analysis, problem solving and decision-making skills
  • Strong attention to details and project management skills
  • Strong dispute resolution and mediation skills to handle issue escalation and resolution
  • Excellent customer service and negotiation skills and ability to work in a team environment
  • Excellent oral and written communication skills
  • PC proficiency in PowerPoint and Excel
  • Experience with Salesforce and NetSuite, a plus
  • This role will be on-site in one of our Boston office

Perks that You Need to Know About:

Participation in our incentive programs (which may include where eligible cash, equity, or commissions). Plus paid vacation, holidays, sick time, parental leave, marriage leave, and recharge leave; medical, tele-health, dental and vision benefits; 401(k) plan; flexible spending accounts (FSAs); commuter program; life and disability insurance; Maven (a support system for new parents); Carrot (fertility benefits); UrbanSitter (caregiver referral network); Employee Assistance Program; and pet insurance.

Do your best work, be your authentic self.
At Compass, we believe that everyone deserves to find their place in the world — a place where they feel like they belong, where they can be their authentic selves, where they can thrive. Our collaborative, energetic culture is grounded in our Compass Entrepreneurship Principles and our commitment to diversity, equity, inclusion, growth and mobility. As an equal opportunity employer, we offer competitive compensation packages, robust benefits and professional growth opportunities aimed at helping to improve our employees' lives and careers.

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