Staff Accountant, MagicSchool AI

$70-100k

Excel

Google Sheets

Quickbooks

Junior and Mid level

Denver

More information about location

3 days a week in office

AI education platform

Open for applications

AI education platform

21-100 employees

B2CB2BArtificial IntelligenceEducationLearningSaaS

Open for applications

$70-100k

Excel

Google Sheets

Quickbooks

Junior and Mid level

Denver

More information about location

3 days a week in office

21-100 employees

B2CB2BArtificial IntelligenceEducationLearningSaaS

Company mission

To help lighten the load, so teachers can save their energy for where they shine best - in the classroom, in front of students.

Job

Company

Role

Who you are

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
A Bachelor’s degree in accounting
1-3 years accounting experience; public accounting experience is a plus
CPA is a plus

What the job involves

MagicSchool is looking for a talented, highly motivated individual to join its accounting team as a staff accountant
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
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

Our take

MagicSchool AI is levelling up education with its generative AI tools designed to enhance both teaching and learning environments. Initially focused on creating AI-driven resources for educators, the company is now expanding to provide tools directly for students, to support various learning activities and improve educational outcomes.

These tools are built to streamline and enrich the educational experience with customized AI solutions that cater specifically to the needs of teachers and students. By working closely with educational institutions and incorporating feedback, MagicSchool aims to address common challenges in education and make AI a valuable asset in the classroom.

With substantial funding to its name, its clear that investors see the potential in MagicSchool's proposition. The company is now ready to take the next step in its mission of integrating AI into educational settings to benefit both teachers and students.

Freddie

Company Specialist at Welcome to the Jungle

Company

Funding (last 2 of 3 rounds)

Feb 2025

$45m

EARLY VC

Jun 2024

$15m

SERIES A

Total funding: $62.4m

Company benefits

Work from home
Unlimited Time Off
Insurance (we offer four different 100% employer-paid health insurance plans, and dental and vision are also offered at very low premiums)
$100 Monthly Wellness Stipend
401k Match (we match 100% of the first 1% and 50% of your next 5%)
Stock Options (all of our employees are offered generous stock options, vested over 4 years)

Company HQ

Civic Center, Denver, CO

Leadership

Adeel Khan

(CEO)

Previously a Founding School Director/Managing Director of Schools at DSST Public Schools. Prior to that, they were a Social Studies Teacher at KIPP Metro Atlanta and a Special Education and English Teacher at Teach for America.

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