Staff Accountant, MagicSchool AI
$70-100k
More information about location
AI education platform
Be an early applicant
AI education platform
21-100 employees
Be an early applicant
$70-100k
More information about location
21-100 employees
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.
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
Insights
Few candidates hear
back within 2 weeks
Company
Funding (2 rounds)
Jun 2024
$15m
SERIES A
Aug 2023
$2.4m
SEED
Total funding: $17.4m
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 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
Company HQ
Civic Center, Denver, CO
Articles
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.
Share this job
View 17 more jobs at MagicSchool AI