Staff Accountant (Entry Level)

MGA Entertainment; Los Angeles (CA); On-site; USD 65,000 - 70,000; Full time

Job summary

MGA Entertainment, headquartered in Los Angeles, is seeking a Finance Accountant to support month-end close, reconcile bank and balance sheet accounts, and maintain fixed assets. You will prepare journal entries, assist payroll backup, and provide scheduling and reporting to tax and budgeting teams.

The ideal candidate has a four-year degree (preferred) and 2–5 years of accounting experience, with strong Excel skills and meticulous attention to detail.

Qualifications

• Four-year college degree preferred.
• Minimum 2-5 years experience in accounting.
• Proficient in Microsoft Office, especially Excel.
• Strong written and verbal communication and organizational skills.

Responsibilities

• Reconcile bank statements to the general ledger and trace discrepancies.
• Perform balance sheet analysis and maintain fixed assets subledger.
• Prepare monthly journal entries and assist with month-end close.
• Provide payroll backup and support auditors as needed.
• Assist in preparation of depreciation schedules and amortization.

Skills

Analytical thinking

Strong written and verbal skills

Attention to detail

Self-motivated

Team work

Education

Bachelor's degree preferred

2-5 years accounting experience

Tools

Excel

Job description

CA EMPLOYEE PRIVACY RIGHTS: https://www.mgae.com/ca-employee-privacy-rights

MGA Entertainmentis one of the largest and fastest growing privately held toy and entertainment companies in the world. Headquartered in Los Angeles, and with offices globally, the company creates innovative, proprietary, and licensed consumer products and entertainment properties, including toys, games, dolls, apparel, consumer electronics, home décor, stationery, sporting goods, movies, and television series. The MGA family includes award-winning brands such asL.O.L. Surprise!™ ,Little Tikes® ,Rainbow High™ , Shadow High™, Bratz® ,MGA’s Miniverse™, Fluffie Stuffiez™ ,Na! Na! Na! Surprise™ ,Micro Games of America™,Baby born® Surprise andZapf Creation®. For more information, please visit us at www.mgae.comorcheck us out at LinkedIn, Twitter, Instagram and Facebook.

Mission:

The position is responsible for assisting with the month end close process, balance sheet account and bank account reconciliations, fixed assets subledger maintenance, as well as providing administrative support for Finance management.

Key Result Areas

1. 1. Bank Account Reconciliations 25%
2. 2. Balance Sheet Analysis 35%
3. 3. Maintain Fixed Assets 15%
4. 4. Prepare Prepaid schedules monthly 10%
5. 5. Prepare monthly journal entries 10%
6. 6. Payroll backup 5%
7. TOTAL TIME UTILIZATION 100%

Position Requirements

Education/Experience:

• Four-year college degree preferred
• Minimum 2-5 years experience in accounting

Skills/Knowledge/Ability:

• Proficient knowledge of Microsoft Office especially Excel.
• Able to work with a minimum of supervision while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.
• Strong written and verbal skills
• Good organizational skills
• Strong work ethic and emphasis on attention to details.
• Analytical problem solving ability.
• Self–motivated and self–starter
• Detail oriented

Authority:

• Reports to Accounting Manager

Key Result Areas and Activities:

Bank Account Reconciliations

• Reconcile bank statements to the general ledger and trace discrepancies
• Collect and review international bank statement reconciliations

Balance Sheet Analysis

• Reconcile all balance sheet accounts (prepaid expenses, accounts payable, etc.) to the general ledger
• Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports

Maintain Fixed Assets

Perform the accounting, processing and analysis of fixed assets

• Reconcile fixed assets register to accounting system on a a monthly basis
• Calculation of monthly depreciation, capitalization of CIP projects and retirements; preparation of necessary journal entries and posting in accounting system
• Assist in analysis of monthly variance of actual results from budget
• Preparation of monthly fixed assets schedule
• Provide annual depreciation schedule to budgeting team
• Provide monthly/quarterly/annual reports to tax department

Maintain monthly amortization schedules

• Prepare schedules of accruals and prepaid accounts (insurance, episodic, etc.)
• Calculate monthly amortization; preparation of necessary journal entries and posting in accounting system
• Review and reclass monthly adjustments (e.g. rent, medical)

Recurring Monthly Journal Entries/Requests

• Prepare/calculate shareholder interest calculation entries monthly
• Provide forecast for annual interest expense to budgeting team
• Prepare intercompany loan interest journal
• Prepare journal entries for daily cash activity
• Prepare/calculate for legal, payroll , royalty & loan interest accruals
• Prepare/calculate for shareholders interest payable/receivable entries
• Responsible for posting SRDA and LT journals
• Maintain general journal book

Payroll Backup

• Run payroll as needed
• Cut manual checks as needed

Performs other duties as assigned

Salary:

$65,000 - $70,000 /yr