Fast Facts

MagicSchool is seeking an Accounting Manager to oversee accounting operations and financial reporting, supporting a fast-growing generative AI platform for educators. This hands-on role involves managing a Staff Accountant and ensuring compliance with accounting standards.

Responsibilities: Key responsibilities include managing day-to-day accounting operations, supervising the general ledger and month-end close processes, overseeing tax compliance, and preparing for annual audits.

Skills: Candidates should have strong financial reporting and data analysis skills, knowledge of US GAAP, and proficiency in accounting systems and Microsoft Excel.

Qualifications: Bachelor's degree in Accounting is required, along with CPA certification and 4-7 years of accounting experience; supervisory experience is preferred.

Location: This position is located in the USA with no specified remote option.

Compensation: Not provided by employer. Typical compensation ranges for this position are between $85,000 - $120,000.

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 Accounting Manager Job Description

In this newly-created role, you will report directly to the VP Finance, and serve as one of the lead point people on all accounting-related issues. This is very much a “hands on” accounting role, but you will also oversee a Staff Accountant responsible for general ledger accounting, A/P, and A/R. 

Core Responsibilities

• Oversee day-to-day operations of the accounting function. Be the primary owner of accounting & financial reporting
• Supervise and coordinate the general ledger, month-end close and internal reporting process, including ownership of ongoing reconciliations, roll-forwards, schedules, etc.
• Research technical accounting matters and prepare accounting memos to support accounting positions (for example, Revenue recognition)
• Be a joint owner of general ledger system (currently Quickbooks). Assist in any future systems enhancement, implementations, or software migration
• Monitor and analyze monthly / quarterly operating results. Prepare outputs for internal teams
• Oversee and manage the Staff Accountant’s work.
• Assist VP Finance with preparation of annual audits 
• Oversee tax compliance (state & local, sales tax, VAT, etc.) and tax system management (currently Avalara)
• Respond to inquiries from other company-wide managers regarding the financial results and special reporting requests 
• Develop and maintain internal controls procedures across all accounting systems
• Support any other ad-hoc internal financial analyses 
• Play an active role in other aspects of finance & accounting: banking / treasury, risk / insurance, financing, tax, financial planning, investor relations, etc. 
• Assist in development and implementation of new accounting processes or procedures 
• Be able to supervise a growing team in the future and ensure that work is properly allocated and completed in a timely and accurate manner

Key Competencies

• A thorough understanding of financial reporting and a general ledger structure
• Ability to analyze financial data and prepare financial reports, statements and projections
• Ability to multi-task and manage several projects in a fast-paced start-up environment
• Knowledge of US GAAP reporting requirements

Education and Experience

• Bachelor’s degree in Accounting, CPA required
• A minimum of 4-7 years accounting experience; 2-3 years supervisory experience is preferred
• Public accounting experience a plus
• Proficient in Microsoft Excel and experience with general ledger and other accounting systems

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.