Financial Analyst - Accounts Payable

Position Overview

BANANAS Inc. is searching for an experienced, energetic, multitalented Accounts Payable Analyst. This position will be responsible for Bananas full cycle accounts payable process. The successful candidate needs general accounting experience, flexibility, good time management skills, and the ability to handle competing priorities.

About BANANAS Inc.

BANANAS is a nonprofit organization that supports families, children and early care and education providers. Our programs help families connect with all types of child care options from family child care home-based settings, preschool centers, family, friend, neighbor caregivers and nannies so they can work or continue their education. Providers are supported with technical assistance and professional development. We are experts in the field of early care and education and our wide variety of services support families and child care providers in raising early learners. We offer workshops, playgroups, coaching, and support groups for parents and caregivers. Low-income families are supported with financial assistance so they can access quality child care. BANANAS is a great place to work with colleagues who care about their clients, our youngest learners and each other.

Key Responsibilities

• Responsible for full cycle accounts payable process

Major Duties

• Prepare month-end close general ledger, fixed assets and expense reconciliations
• Record and reconcile monthly child care provider payment accruals processed by the Alternative Payment Department.
• Prepare weekly payment batch accurately and timely, ensuring that payments are in accordance with purchasing policies and procedures
• Receive purchase orders: 2-way and 3-way match
• Vendor onboarding and communications: contact vendors to obtain the necessary documents for processing payment: W9, bank detail or other documents
• Prepare and submit annual 1099 file to third party
• Assist with annual audit, streamlining the accounts payable process and cash flow preparation
• Maintain accounts payable desk instructions
• Work with accounts receivable analysts and other department team members to resolve account issues when necessary
• Identify and drive process improvements, including the creation of ad hoc reports and Excel dashboard
• Other special projects as needed

Secondary Duties and Responsibilities

• Other Duties as assigned: This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Required Qualifications

Education

• BA, BS in Accounting / Finance or equivalent work experience

Experience, Knowledge, and Skills

• A minimum of two years’ experience as an Accounts Payable Analyst or similar role
• Extensive experience in preparing general ledger entries and processing payments
• Strong fluency in Excel formulas and functions; Word & PowerPoint
• Ability to research and analyze all aspects of payables
• Excellent organizational skills, handle multiple tasks with accuracy and thoroughness
• Able to work independently and in a team environment
• Excellent communication skills: oral, written, and interpersonal skills
• Excellent customer service skills

Preferred Qualifications

• Proficiency in NetSuite or similar ERP systems
• Experience with auditing and budgeting
• Working knowledge of accounts receivable and cash reconciliation

Pre-Screening Requirements:

Both assessments must be completed as part of our pre-screening requirements.

• Skills test: Principles of accounting
• Skills test: Spreadsheets with Microsoft Excel

Schedule

BANANAS has a 37-hour work week (Mon - Thurs - 7.5 hours and Fri - 7.0 hours).

COVID-19 Considerations

Staff complete daily temperature checks. Face-covering is optional. BANANAS reserves the right to update the requirements for vaccinations and masking mandates to comply with guidance and regulations set forth by the State and/or Federal government of the United States.

Job Type: Full-time

Pay: $69,943.00 - $73,850.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Vision insurance

Schedule:

• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• Full Cycle Accounts Payable: 2 years (Required)

Ability to Commute:

• Oakland, CA 94618 (Required)

Ability to Relocate:

• Oakland, CA 94618: Relocate before starting work (Required)

Work Location: In person