Staff Accountant

MagicSchool AI • Full-time • Remote (United States) • 1w ago

Fast Facts

Join MagicSchool as a Staff Accountant and be a key player in a fast-growing generative AI platform dedicated to supporting educators. This role involves managing daily cash flow, overseeing accounts receivable/payable, and supporting the finance team's diverse projects while fostering a strong community of learners.

Responsibilities: Oversee cash management, invoiced accounts receivable, vendor payments, employee expenses, and support payroll processing and tax compliance as part of the month-end close process.

Skills: Strong knowledge of US GAAP, proficiency in Microsoft Excel and accounting software (Quickbooks preferred), and excellent communication skills.

Qualifications: Bachelor’s degree in accounting with 1-3 years of experience; public accounting experience and CPA are preferred.

Location: USA

Compensation: Not provided by employer. Typical compensation ranges for this position are between $55,000 - $75,000.

WHO WE ARE: MagicSchool is the premier generative AI platform for teachers. We're just over a year and a half old, and more than 4M teachers from all over the world have joined our platform. Join a top team at a fast growing company that is working towards real social impact. Make an account and try us out at our website and connect with our passionate community on our Wall of Love.

MagicSchool Staff Accountant Job Description

MagicSchool is looking for a talented, highly motivated individual to join its accounting team as a staff accountant. This will be the first staff accountant for the Company, and will report to the Accounting Manager

Core Responsibilities

Responsible for daily cash management; reconcile and maintain cash accounts (cash receipts / cash disbursements)
Oversee the credit card processing system (Stripe) for cash receipts
Oversee invoiced A/R and customer collections. Communicate with customers as needed / provide Purchase Orders if necessary
Manage vendor payments, A/P subledger, and communicate with vendors on payable matters
Manage internal employee travel & expense management (through Brex) and credit card expense policies
Assist HR team with payroll processing and variable compensation program calculation and system input
Play integral role in the month-end close process through ownership of certain accounts or processes
Support tax compliance process – various state & local, sales tax and VAT tax input
Work with and assist the Accounting Manager on all accounting & reporting needs
Play an active role in other aspects of finance & accounting: banking / treasury, risk / insurance, financing, tax, financial planning, investor relations, etc.
Specific projects and other ad hoc assignments as required

Key Competencies

Sound understanding of US GAAP and general ledger / month-end processes.
Proficient in Microsoft Excel / Google Sheets
Experience with accounting software, preferably Quickbooks
Strong communication skills and ability to multi-task in a fast-paced environment

Education and Experience

A Bachelor’s degree in accounting
1-3 years accounting experience; public accounting experience is a plus.
CPA is a plus.

Our Benefits: We are proud to offer generous benefits, such as unlimited PTO, 100% employer covered health insurance, a wellness stipend, a 401(k) match, and vision/dental insurance.

Our Values:

Educators are Magic: Educators are the most important ingredient in the educational process - they are the magic, not the AI. Trust them, empower them, and put them at the center of leading change in service of students and families.
Joy and Magic: Bring joy and magic into every learning experience - push the boundaries of what’s possible with AI.
Community: Foster community that supports one another during a time of rapid technological change. Listen to them and serve their needs.
Innovation: The education system is outdated and in need of innovation and change - AI is an opportunity to bring equity, access, and serve the individual needs of students better than we ever have before.
Responsibility: Put responsibility and safety at the forefront of the technological change that AI is bringing to education.
Diversity: Diversity of thought, perspectives, and backgrounds helps us serve the wide audience of educators and students around the world.
Excellence: Educators and students deserve the best - and we strive for the highest quality in everything we do.