Accounting Associate, Morning Brew
$75-80k
Online media and newsletter publication
Be an early applicant
Online media and newsletter publication
201-500 employees
Be an early applicant
$75-80k
201-500 employees
Company mission
Morning Brew's mission is to help the business leaders of tomorrow become smarter in minutes.
Role
Who you are
- You have 2-4 years’ experience gained through public and/or in-house accounting role
- You have a Bachelor’s or Master’s degree in Accounting, and are a licensed CPA or are on track to becoming one
- You have a working knowledge of various accounting software as well as experience with system integrations, process development and documentation
- Self-starter attitude with ability to operate in a collaborative, quickly-changing environment
- You are a team player, results and detail-oriented, self-starter who likes to get stuff done, with superior organization, attention to detail, and communication skills
- You have experience maintaining integrity around sensitive and confidential information
- Media industry or start-up/high-growth company experience a plus
- Character and integrity rank pretty high on the list. Our team is guided by our core values:
- Respectful Candor: We believe that engaging in timely, constructive, and open discourse is an act of respect that makes for a more transparent and productive work environment
- Empathy: We establish a strong partnership of trust with our co-workers and partners. We build human connections in order to understand each other
- Inclusivity: We strive to celebrate and welcome people of diverse backgrounds and cultures. Differing perspectives help us make better decisions and have more fulfilling experiences
- Curiosity: We learn every day through deliberate inquiry and exploration. We re-examine assumptions to be a better company, offer better products, and become better colleagues
- Accountability: We celebrate our successes and own our failures. Taking responsibility for our actions allows us to learn from our experiences
- Bias Toward Action: We know speed matters in business so we embrace quick and calculated risk-taking. We understand that many actions are reversible and therefore we are solutions-oriented, even when facing obstacles and challenges
- Challenger Mentality: We don’t allow ourselves to be comfortable with our success. We are hungry to become the best and create more value for our audience
- Clarity of Purpose: We understand the “why" in our work, which helps us to operate at our highest level of performance and efficiency
What the job involves
- Morning Brew is looking for an Accounting Associate to join the Strategy and Finance organization
- Reporting to our Accounting Manager, the Accounting Associate will be responsible for driving the month-end close, and own all input level A/R and A/P functions, as well working cross-functionally in developing efficient systems and policies
- The Accounting Associate will also play a key role in developing automation and efficiencies in the Finance Department
- Actively assist with the month-end close process, including:
- Prepare journal entries, including working with other departments to ensure completeness of accruals and proper revenue recognition
- Reconcile monthly bank and balance sheet accounts including deferred revenue and prepaid expenses
- Assist with the automation, process improvement and workflows in newly implemented ERP System (Sage Intacct)
- Own the Order to Cash process which involves a high volume of daily client billing and collaboration with the Revenue organization on insertion order terms and collections. Explore ways to automate this process and make it more efficient
- Assist with monthly collections reaching out to clients with outstanding balances
- Maintain the A/P sub-ledger through bill.com by coding vendor bills
- Serve as the first level of approval for employee expense reimbursements (Ramp)
- Collaborating with the FP&A team on ad hoc data requests
- Identify, develop, implement and document accounting processes to improve productivity and scalability
- Develop proper internal controls to ensure a high degree of completeness and accuracy of the financial statements
Our take
The last few years have seen a flurry of newsletters start up and rise to prominence. The pivot away from news outlets towards alternative content production sites like Substack, and the consumer pursuit of more personal brand engagement have all made newsletters a lucrative business proposition. Buoyed up by this trend is Morning Brew, a daily business summary newsletter.
Recently, Morning Brew’s subscriber count has been rising increasingly fast, topping 4 million at the time of writing. The founders put this down to its 2020 acquisition by media behemoth Insider, following which the headcount more than quadrupled, and new channels like a podcast, YouTube, and an education product have been added to the Morning Brew output.
The company is now looking to expand to cover news across more industry verticals, and it has the security, engagement, and means to do so with confidence. In 2023, it acquired the short-form business news video platform Our Future to expand Morning Brew product offerings.
Steph
Company Specialist at Welcome to the Jungle
Insights
-15% employee growth in 12 months
Company
Funding (1 round)
Jan 2017
$0.8m
SEED
Total funding: $0.8m
Company benefits
- Unlimited sick and vacation time
- Work from home, work from the office, work from the moon — you decide
- 401(k) with employer match
- Premium healthcare plans
- Annual learning credit: Want to learn something new? We'll pay for it
- Generous paid parental leave and fertility coverage for eligible employees
- Short and long-term disability covered 100% by us
- WFH stipend
Company HQ
Midtown Manhattan, New York, NY
Leadership
Austin Rief
(CEO)Following a finance degree, began his career as an analyst at Moelis & Company - before rapidly pivoting to begin Morning Brew.
Alex Lieberman
(Executive Chairman)Previously a trader with Morgan Stanley - now also serves as an advisor and investor at various startups including Something Navy, The PepTalk Co., and MicroAcquire. Also hosts Morning Brew's Founder's Journal podcast.
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