What are the responsibilities and job description for the Financial Transactions Manager position at Million Dollar Baby Co?
About Million Dollar Baby Co.
Welcome to Million Dollar Baby Co., a renowned leader in children's furnishings. Our diverse portfolio of 7 distinct brands offers a wide range of styles, aesthetics, and price points, all while prioritizing eco-conscious and award-winning designs.
We've grown from a small startup to a prominent player in the industry, with our products available in mass retailers like Target and Amazon, as well as local mom-and-pop shops and specialty retailers like Pottery Barn Kids and Crate and Barrel.
We attribute our success to our talented team of over 110 individuals who work tirelessly to drive growth and innovation every day. As an Accounts Payable & Receivable Specialist at Million Dollar Baby Co., you'll play a critical role in managing the company's financial transactions, from processing payments to handling incoming revenue. Your responsibilities will encompass a broad range of financial activities, ensuring compliance with GAAP standards, managing both accounts payable and receivable functions, and providing financial insights to inform business decisions.
Key Responsibilities:
- Manage end-to-end accounts payable processes, including processing vendor invoices, reviewing pending payments, and maintaining supplier relationships.
- Perform account reconciliations, variance analysis, and other regular closing tasks.
- Ensure accuracy and regulatory compliance for tax filings and reporting.
- Prepare financial statements and assist with monthly, quarterly, and annual financial reporting for management and external stakeholders.
- Collaborate with external auditors during the annual audit process.
- Maintain General Ledger ownership, ensuring accuracy in all entries and reporting.
- Stay up-to-date on accounting regulations and legislation, ensuring compliance with GAAP standards.
Key Skills and Qualifications:
- Bachelor's degree in Accounting or Finance required.
- 2-3 years of experience in an accounting role, preferably in accounts payable, receivable, or both, within wholesale distribution.
- Strong knowledge of GAAP standards and financial reporting.
- Proficiency in Microsoft Excel and accounting software (Navision, Databricks, Sigma, and Concur experience a plus).
- Experience with Shopify and managing large accounts, a plus.
Benefits:
- 100% coverage of health, dental, and vision insurance premiums paid by the company.
- Flexible PTO policy that respects work-life harmony.
- Vacation reimbursement and health & wellness subsidy programs.
- Tuition reimbursement.
Diversity and Inclusion:
Million Dollar Baby Co. is committed to diversity, equity, and inclusion. We welcome applicants from all backgrounds and strive to create a workplace where everyone feels valued and respected.
Welcome to Million Dollar Baby Co., a renowned leader in children's furnishings. Our diverse portfolio of 7 distinct brands offers a wide range of styles, aesthetics, and price points, all while prioritizing eco-conscious and award-winning designs.
We've grown from a small startup to a prominent player in the industry, with our products available in mass retailers like Target and Amazon, as well as local mom-and-pop shops and specialty retailers like Pottery Barn Kids and Crate and Barrel.
We attribute our success to our talented team of over 110 individuals who work tirelessly to drive growth and innovation every day. As an Accounts Payable & Receivable Specialist at Million Dollar Baby Co., you'll play a critical role in managing the company's financial transactions, from processing payments to handling incoming revenue. Your responsibilities will encompass a broad range of financial activities, ensuring compliance with GAAP standards, managing both accounts payable and receivable functions, and providing financial insights to inform business decisions.
Key Responsibilities:
- Manage end-to-end accounts payable processes, including processing vendor invoices, reviewing pending payments, and maintaining supplier relationships.
- Perform account reconciliations, variance analysis, and other regular closing tasks.
- Ensure accuracy and regulatory compliance for tax filings and reporting.
- Prepare financial statements and assist with monthly, quarterly, and annual financial reporting for management and external stakeholders.
- Collaborate with external auditors during the annual audit process.
- Maintain General Ledger ownership, ensuring accuracy in all entries and reporting.
- Stay up-to-date on accounting regulations and legislation, ensuring compliance with GAAP standards.
Key Skills and Qualifications:
- Bachelor's degree in Accounting or Finance required.
- 2-3 years of experience in an accounting role, preferably in accounts payable, receivable, or both, within wholesale distribution.
- Strong knowledge of GAAP standards and financial reporting.
- Proficiency in Microsoft Excel and accounting software (Navision, Databricks, Sigma, and Concur experience a plus).
- Experience with Shopify and managing large accounts, a plus.
Benefits:
- 100% coverage of health, dental, and vision insurance premiums paid by the company.
- Flexible PTO policy that respects work-life harmony.
- Vacation reimbursement and health & wellness subsidy programs.
- Tuition reimbursement.
Diversity and Inclusion:
Million Dollar Baby Co. is committed to diversity, equity, and inclusion. We welcome applicants from all backgrounds and strive to create a workplace where everyone feels valued and respected.
