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Staff Accountant - job 1 of 2

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Fast Facts

Join MagicSchool as a Staff Accountant and play a crucial role in our accounting team, supporting cash management, accounts receivable, and vendor payments.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Responsibilities: Manage daily cash accounts, oversee the credit card processing system, handle invoiced A/R and vendor payments, and support payroll processing and tax compliance.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Skills: Strong understanding of US GAAP, proficient in Microsoft Excel and accounting software (preferably Quickbooks), with excellent communication skills and multitasking ability.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Qualifications: Bachelor’s degree in accounting and 1-3 years of accounting experience; CPA is a plus.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Location: Remote position in the USA.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png 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.
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Average salary estimate

$65000 / YEARLY (est.)
min
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$55000K
$75000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Staff Accountant, MagicSchool AI

Join MagicSchool as a Staff Accountant and help drive accountability and accuracy in our financial processes from the comfort of your own home! This exciting remote opportunity is essential for managing cash flow, accounts receivable, and vendor payments within our dynamic team. As our first-ever Staff Accountant, you will support daily cash management, reconcile cash accounts, and oversee the credit card processing system. Your proficiency in Microsoft Excel and accounting software, particularly Quickbooks, will shine as you manage invoiced accounts receivable and handle vendor communications with grace. With a bachelor’s degree in accounting and 1-3 years of relevant experience, you’ll play a pivotal role in our month-end close process and work closely with the HR team on payroll processing. MagicSchool is not only focused on numbers; we’re passionate about making a positive impact in the education sector with our AI platform. Here, you’ll find a supportive community that values innovation and collaboration. We believe that educators are the magic in education, and by joining our team, you’ll help create a workplace that empowers not only our staff but also the millions of teachers we serve. Plus, enjoy competitive benefits like unlimited PTO, 100% employer-covered health insurance, and a 401(k) match. Are you ready to bring your skills to a fast-growing company dedicated to real social change?

Frequently Asked Questions (FAQs) for Staff Accountant Role at MagicSchool AI
What are the primary responsibilities of a Staff Accountant at MagicSchool?

As a Staff Accountant at MagicSchool, you will manage daily cash accounts, reconcile cash receipts and disbursements, oversee the credit card processing system, handle accounts receivable, and facilitate vendor payments. You'll also assist with payroll processing and tax compliance, making you an essential part of our finance team.

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What qualifications are needed to apply for the Staff Accountant position at MagicSchool?

To be considered for the Staff Accountant role at MagicSchool, candidates should have a bachelor’s degree in accounting and 1-3 years of relevant accounting experience. A CPA certification is a plus. Strong skills in Microsoft Excel, familiarity with accounting software like Quickbooks, and a solid understanding of US GAAP are also required.

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What accounting software should a Staff Accountant at MagicSchool be familiar with?

A Staff Accountant at MagicSchool should be proficient in Microsoft Excel and have experience with accounting software, preferably Quickbooks. This expertise will be vital in managing daily cash accounts and overseeing invoiced accounts receivable and vendor payments efficiently.

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Is the Staff Accountant position at MagicSchool remote?

Yes, the Staff Accountant position at MagicSchool is fully remote, allowing you to perform your duties from the comfort of your own home while still being a vital part of our dynamic team.

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What benefits do Staff Accountants receive at MagicSchool?

MagicSchool offers generous benefits to Staff Accountants, including unlimited PTO, 100% employer-covered health insurance, a wellness stipend, and a 401(k) match, among other perks aimed at fostering a supportive and enriching work environment.

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Common Interview Questions for Staff Accountant
Can you describe your experience with cash management as a Staff Accountant?

When answering this question, highlight your specific experience managing cash accounts. Discuss how you handled cash receipts and disbursements, reconciled accounts, and any accounting software you used. This illustrates your ability to effectively manage finances.

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How do you ensure accuracy in your financial reports?

To answer this, explain your methods, such as double-checking entries, using accounting software for accuracy, and following up on discrepancies promptly. Emphasize your attention to detail and your familiarity with US GAAP standards to showcase your skills.

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What steps do you take when dealing with a difficult vendor?

You could discuss your communication skills, emphasizing how you would calmly address issues and seek a resolution that satisfies both parties. Highlight examples of successful vendor interactions from your past experience to showcase your negotiation skills.

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How do you handle multiple deadlines and prioritize your tasks?

Describe your organizational strategies, such as using task lists and calendar apps to prioritize and manage deadlines effectively. Providing a real-life example of a time you successfully managed multiple priorities can strengthen your response further.

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What accounting software have you used, and how proficient are you with them?

Share your proficiency levels with specific software, especially Quickbooks, and provide examples of how you have used these tools to manage financial data effectively. Discuss any training or certifications you may have as well.

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Can you explain the process you follow during month-end closing?

Lay out your systematic approach to month-end closing, mentioning reconciliation of accounts, review of financial statements, and preparation of journal entries. Highlight your attention to detail to ensure accuracy in the final reports.

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Describe a financial challenge you faced and how you overcame it.

Use the STAR method (Situation, Task, Action, Result) to structure your response, detailing a specific financial issue you encountered, any strategies you implemented to resolve it, and the positive outcome that resulted.

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What role do you believe a Staff Accountant plays in a company's success?

Answer with an emphasis on the importance of accuracy, timely reporting, and support of decision-making processes. Illustrate how an effective Staff Accountant contributes to financial health and aids in strategic planning by providing reliable data.

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How do you stay updated with accounting regulations and compliance?

Discuss your commitment to professional development, such as attending workshops or webinars, being a part of accounting associations, and subscribing to relevant publications to stay informed about changes in regulations.

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Why do you want to work for MagicSchool as a Staff Accountant?

In your response, highlight your passion for education and technology, aligning your values with MagicSchool's mission. Speak about how you appreciate the company culture and its commitment to social impact, which resonates with your career goals.

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Teachers are overworked and burnt out. More than four in ten K-12 teachers in the U.S. (44%) say they "always" or "very often" feel burnt out at work—outpacing all other industries nationally. (Gallup) At the core of teaching is interacting with...

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Full-time, remote
DATE POSTED
April 10, 2025

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