Senior Accountant, Magnite
Revenue
$85-95k
+ Annual performance-based bonus & Equity (NASDAQ: MGNI)
More information about location
3 days a week in office
Sell-side omnichannel advertisement platform
Be an early applicant
Sell-side omnichannel advertisement platform
501-1000 employees
Be an early applicant
$85-95k
+ Annual performance-based bonus & Equity (NASDAQ: MGNI)
More information about location
3 days a week in office
501-1000 employees
Company mission
Magnite's mission is to help the world’s leading advertisement agencies and brands reach millions of consumers efficiently and safely through its omnichannel sell-side advertisement platform.
Role
Who you are
- We are seeking a motivated and intellectually curious Senior Revenue Accountant to join our Revenue Accounting & Receivables organization
- This role is ideal for an accounting professional who enjoys solving complex problems, partnering cross-functionally, and improving accounting processes through automation and technology.
- The ideal candidate is analytical, detail-oriented, comfortable working with large datasets, and thrives in an evolving environment where continuous process improvement is encouraged
- Bachelor's degree in Accounting, Finance, or related field
- 3-5 years of progressive accounting experience
- Experience preparing complex journal entries, reconciliations, and month-end close activities
- Experience operating within a SOX-compliant environment
- Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, and complex formulas
- Strong analytical and problem-solving skills with exceptional attention to detail
- Excellent organizational skills with the ability to manage multiple priorities simultaneously
- Strong written and verbal communication skills
- Comfort with multiple foreign currencies and conversions
- CPA or CPA candidate preferred
- Experience with Oracle or large ERP systems
- Experience working with large transactional data sets
- Advertising technology, SaaS, marketplace, or digital media industry experience
- Experience participating in process automation or system improvements
What the job involves
- The position offers broad exposure across Revenue Accounting, Publisher Accounting, Financial Systems, Product, Engineering, and Operations within a fast-paced, publicly traded technology company
- The Senior Revenue Accountant will own a variety of complex accounting processes supporting Magnite's publisher ecosystem, customer invoicing, revenue share arrangements, and month-end close. This individual will analyze contractual terms, prepare journal entries and reconciliations, execute SOX controls, and partner closely with cross-functional teams to support new commercial offerings and system enhancements
- This is a significant opportunity to become a subject matter expert supporting complex publisher accounting, revenue recognition, financial systems initiatives, and automation projects within a rapidly growing public technology company
- Handle Revenue & Publisher Accounting
- Prepare monthly revenue, contra-revenue, and publisher-related journal entries
- Calculate and process complex publisher adjustments
- Prepare and validate publisher accruals and supporting analyses
- Process publisher vouchers, payment files, and statements across multiple business platforms for both US and International entities
- Maintain publisher accounting schedules, including clawback rights, netting arrangements, and manual adjustment tracking
- Contribute to Month-End Close & Financial Reporting
- Prepare recurring and non-recurring journal entries, including accruals, true-ups, and reserve calculations
- Reconcile complex balance sheet and income statement accounts
- Investigate period-over-period fluctuations and resolve accounting variances
- Prepare and present accounting close reports, such as Margin Analysis, etc
- Analyze contractual terms to determine appropriate accounting treatment
- Support quarterly reserve analyses and exposure assessments
- Maintain SOX Compliance & Internal Controls and Support Audits
- Execute and document SOX controls supporting the revenue accounting process
- Perform recurring validations over publisher fee calculations, credit memo activity, change logs and revenue transactions
- Ensure accounting records are complete, accurate, and supported by appropriate documentation
- Compile and review requests for quarterly and annual audits
- Contribute to Systems, Automation & Process Improvement
- Partner with Financial Systems, Product, Engineering, and Operations to support new products, commercial offerings, and system implementations
- Participate in testing and validation of Oracle enhancements and other financial system changes
- Identify opportunities to streamline manual processes through automation, reporting improvements, and AI-enabled solutions
Our take
Due to the rise in mobile and smart devices in recent years, the way in which advertisement publishers must format their ads is changing. A key example of this is TV, advertisements that present immediate calls to action within a Connected TV user interface, but publishing ads in such a format is currently inaccessible to most publishers.
Magnite provides a sell-side omnichannel advertisement platform for publishers, focused on facilitating the selling of advertising on all formats including CTV, mobile, desktop, and audio. In addition to facilitating the buying and selling of omnichannel ads, the company also provides a real-time ad performance dashboard, data protection and compliance tools, and insights into buying and selling patterns.
Whilst other omnichannel advertisement platforms present significant competition to the company, Magnite stands out by providing an end-to-end marketplace for the buying, selling, management, and analysis of ads. Furthermore, by focussing its efforts on cutting-edge formats such as CTV, the company shows great potential to futureproof itself within the advertisement industry.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
5% employee growth in 12 months
Company
Company benefits
- Equity and Employee Stock Purchase Plan
- Pension and Retirement Savings Plan in Several Countries
- Comprehensive Healthcare Benefits for You and Your Family
- Generous Time Off, Holiday Breaks and Summer Fridays
- Family-Focused Leave Benefits
- Cell Phone Subsidy
- Performance Management, and Investment in Diversity Initiatives
- Bonusly Peer-to-Peer Recognition Program, Turning Recognition into Tangible Perks and Magnite Swag
- Community Service Events
- Wellness Coach—Meditate and Recharge with an Unlimited User Account for You and a Plus One
Company HQ
Westchester, Los Angeles, CA
Leadership
Michael Barrett
(CEO)Experience as CEO of Rubicon Project from 2017 to 2020. President and Founder of Ichabod Farm Ventures LLC since 2012.
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