Staff Accountant

3 weeks ago

New York, United States Magic Spoon Full time
Job DescriptionJob Description

Magic Spoon reimagines your favorite childhood breakfast into a high-protein, grown up cereal to power your days. Since launching in 2019, we've become one of the fastest growing DTC brands, Forbes called us "the future of cereal", TIME Magazine named us in their Top 100 inventions, and we’ve launched in cereal aisles nationwide in Target, Walmart, Kroger, Albertsons, & more.

The Staff Accountant will be responsible for maintaining the integrity of financial records, ensuring accurate and timely processing of invoices and payments, and will assist in preparing financial statements and reports. This person will play a critical role in driving a timely MeC process, providing inventory controls, and helping to continuously improve/optimize processes and systems. They will also play a role in analyzing financial data to identify trends, discrepancies, and opportunities for improvement. We’re excited for this person to collaborate with other departments to support budgeting, forecasting, and compliance with regulatory requirements.

This is a full time, in-person/hybrid role (3 days in office p/w on average) based in Tribeca, NYC.

As Staff Accountant, you'll:

  • Manage and oversee day-to-day financial operations, including accounts payable, accounts receivable, deduction management, cash, credit cards, payroll, and general ledger activities
  • Manage our purchase order three-way matching process
  • Assist with various monthly financial closing activities, procedures, journal entries and account reconciliations to support our financial close process, while ensuring compliance with US GAAP
  • Monitor budget performance, investigate variances, and provide insightful analysis
  • Coordinate with external auditors for annual financial audits
  • Assist with year-end tax reporting and 1099 filings
  • Prepare ad-hoc financial reporting
  • Collaborate internally with the Finance teams, as well with cross-functional teams

Requirements

  • Bachelor’s degree, preferably in Finance or Accounting
  • 2-3 years of accounting experience
  • CPG experience, ideally with exposure to wholesale and distributor partners
  • In-depth knowledge of GAAP and financial reporting standards
  • Proficiency in accounting software and advanced Excel skills
  • Familiarity with ERP systems, specifically Microsoft Dynamics Business Central is a plus
  • Familiarity with Shopify POS
  • Direct involvement with month end close process (journal entries, account recons, accruals, variance analysis)
  • Strong analytical and problem-solving abilities
  • Outstanding attention to detail coupled with an ability to see a bigger picture
  • Eagerness to operate in a fast-paced environment
  • Excellent communication skills
  • Detail-oriented mindset with ability to manage multiple tasks / projects at once
  • Curious and collaborative nature

What we value:

Hold on to the Dream

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