Accounting Associate
Ocrolus
At Ocrolus, we believe companies work best when they focus on their core business and let automation do the rest. We’re powering the digital lending ecosystem and help financial services firms make high-quality decisions with trusted data and unparalleled efficiency.
Ocrolus’ Human-in-the-Loop document automation software analyzes documents with over 99% accuracy. We're replacing legacy OCR vendors that cap out at 75-80% accuracy, and augmenting the robotic work that humans are prone to doing all too often – which can be expensive, error-prone, and slow. By empowering lenders to analyze diverse sources of financial data more efficiently, Ocrolus levels the playing field for every borrower, providing expanded access to credit at a lower cost.
We’ve raised over $100 million from blue-chip investors and are working with customers like PayPal, Brex, SoFi, Blend and Plaid. Join us as we build the future of fintech, and make an impact at an award-winning, high-growth startup that Forbes recently dubbed the “Next Billion-Dollar Startup”.
Overview:
Ocrolus, a venture-backed startup, is looking for an Accounting Associate to join our team, focusing on client-side financial operations. This position offers an excellent opportunity for individuals eager to build a strong foundation in accounting while contributing to key financial processes, including accounts receivable, revenue calculation, expense management, and vendor management. You will have the chance to learn and grow in a dynamic environment, replacing a previous employee who advanced significantly in their role over three years, eventually managing our complex usage-based revenue process.
Key Responsibilities:
Accounts Receivable (AR) Management:
- Track and process client payments.
- Prepare and send accurate invoices to clients.
- Follow up on overdue payments, ensuring clear communication with clients.
Revenue Calculation:
- Assist in calculating revenue based on client contracts.
- Work closely with the finance team to ensure accurate revenue reporting.
- Reconcile revenue discrepancies and contribute to the smooth running of our usage-based billing system.
Expense Management:
- Process reimbursement requests from vendors and employees.
- Verify supporting documentation and ensure adherence to company policies.
- Track and manage vendor contracts, ensuring timely payments based on agreed-upon terms.
Vendor Contract Management:
- Assist with tracking and managing vendor contracts.
- Ensure timely payments to vendors, maintaining records of financial transactions related to vendor contracts.
Financial Reporting:
- Support monthly and quarterly financial reporting processes.
- Assist in preparing financial summaries and statements related to accounts receivable, expenses, and revenue.
Collaboration with Teams:
- Work closely with the senior accounting team and provide support as needed.
- Collaborate with the operations and finance teams to resolve any client-related financial issues.
Qualifications & Skills:
- Education: Bachelor’s degree in Business, Finance, Commerce, or a related field.
- Experience: 0-2 years in accounting, finance, or a related administrative role.
- Chartered Accountant preferred
Skills:
- Basic understanding of accounting principles.
- Strong organizational skills and attention to detail.
- Familiarity with invoicing, expense tracking, or vendor management is a plus.
- Excellent communication skills—both verbal and written.
- Ability to work independently and manage multiple tasks.
- Proficiency in MS Office, especially Excel. Familiarity with accounting software is a plus but not mandatory.
Desirable Qualities:
- Willingness to learn and develop strong accounting skills.
- Ability to adapt in a fast-paced, startup environment.
- Proactive mindset with problem-solving abilities.
We take pride in our dynamic, diverse team, unified by shared values of Empathy, Curiosity, Humility and Ownership. We love what we do and the people we do it with, which is why we welcome every individual, provide them with equal opportunity irrespective of their race, gender, gender identity, age, disability, national origin or any other legally protected rights that one has.
We look forward to hearing from you!