Accounts Payable & Receivable Specialist

Million Dollar Baby Co. started in 1990 and is proudly family-owned and operated in Los Angeles. Since then, MDB has grown to 7 distinct brands of children’s furnishings ranging in style, aesthetic, and price, while carrying some of the industry’s most eco-conscious and award-winning designs. We can be found in retailers like Target and Amazon, and specialty retailers like Pottery Barn Kids and Crate & Barrel.

Under the Million Dollar Baby Co. parent company are our family of brands:
Babyletto, da Vinci, Nursery Works, and Namesake. We’re proud to offer the most Greenguard Gold–certified cribs on the market and to use FSC-certified sustainable wood across our brands whenever possible. We’ve also pioneered Styrofoam-free packaging for several of our best-selling collections — an innovation that reduces waste while protecting our products during shipment. At Million Dollar Baby Co., our team members are our #1 priority, and we partner with exceptional partners and retailers around the world who share our core values:
Treat Your Team Like Family — lead with respect, gratitude, empathy, and kindness. Make an Impact, Drive Results — focus on meaningful work that moves families forward. Deliver a “Wow” Customer Experience Every Time — every detail matters. Strive for Continuous Improvement & Learning — keep growing, keep getting better. Cultivate Quality Conversations — communicate honestly and thoughtfully to build trust.

Over the years, our commitment to people, innovation, and a positive workplace culture has earned us five consecutive “Best Place to Work” awards, one of the best workplaces by “Built in LA”, a 4.6 rating on Glassdoor, and 13 years on the Inc. 5000 Fastest Growing Companies list — recognitions that reflect the heart of who we are and the community we’re proud to build.

We’d love to talk to you!

As an Accounts Payable & Receivable Specialist at Million Dollar Baby Co., you will play a pivotal role in managing the company’s financial transactions, from processing payments to handling incoming revenue. Your responsibilities will cover a broad range of financial activities, ensuring compliance with GAAP standards, managing both the accounts payable and receivable functions, and providing financial insights to guide business decisions.

• Manage end-to-end accounts payable processes, including processing vendor invoices, reviewing pending payments, and managing supplier relationships.
• Perform account reconciliations, variance analysis, and other regular closing tasks.
• Ensure the accuracy and regulatory compliance for tax filings and reporting.
• Prepare financial statements and assist with monthly, quarterly, and annual financial reporting for management and external stakeholders.
• Prepare and assist with the annual audit process by liaising with external auditors.
• Complete General Ledger ownership, maintaining accuracy in all entries and reporting.
• Stay current on accounting regulations and legislation, ensuring compliance with GAAP standards.

• Process and post daily incoming payments (Check, ACH, credit card, and Wire).
• Apply payments to corresponding invoices, maintaining accurate records of account balances.
• Provide collection assistance and resolve past-due discrepancies with customers.
• Manage all chargebacks and disputes for resolution, reconciling accounts as necessary.
• Send weekly statements to customers and provide AR reports for management review.
• Perform daily AR aging reviews and analysis, collaborating with the sales team for account reconciliation.

• Bachelor’s degree in Accounting or…