Staff Accountant

Job Description

Magnolia Bakery opened our first location on a quiet street corner in the heart of New York City’s West Village in 1996. From then to now, Magnolia Bakery has grown to become a globally famous, locally loved retail bakery and desserts brand. With locations in New York City, LA and Chicago, a nationwide e-commerce and wholesale business, international locations in the Middle East and Southeast Asia, and an emerging Grocery business in the US, Magnolia Bakery's whimsical spin on classic, American desserts is now in every neighborhood.

Position:
Staff Accountant

Location:

Corporate Office / Hybrid

Reports to:

Accounting Manager

Pay Range: $64,800-$81,000

As our Staff Accountant, you will be the backbone of our financial integrity. You’ll support the monthly close process, maintain meticulous financial records, and ensure our expenses—from flour deliveries to storefront rent—are recorded with precision. This role is perfect for a Net Suite-savvy professional who enjoys the "recipe" of a well-balanced sheet and thrives in a fast-paced, multi-entity environment.

• Cash & Bank Management:
  Perform daily bank matching and monthly reconciliations within Net Suite to ensure 100% accuracy of cash balances.
• Expense Oversight:
  Collect, review, and record employee expense reports, including corporate credit card management and petty cash oversight.
• General Ledger Maintenance:
  Maintain and update supporting schedules for balance sheet accounts; perform timely reconciliations to ensure audit readiness.
• Journal Entries & Schedules:
  Book journal entries and reconcile specific accounts including Prepaid Expenses, Insurance, Rent, Fixed Assets, Accumulated Depreciation, and Security/Advance Deposits.
• Operating Accruals:
  Calculate and record monthly Opex, SG&A and occupancy accruals
• Month-End & Year-End Close:
  Actively participate in the closing cycle, ensuring all deadlines are met and documentation is stored according to internal standards.
• Audit & Compliance:
  Support internal and external audit requests by preparing schedules and providing necessary supporting documentation.
• Process Improvement:
  Identify "bottlenecks" in our accounting workflows and suggest enhancements to procedures and internal controls.

• Education:
  
  Bachelor’s degree in accounting required.
• Experience:
  
  2–4 years of accounting experience, ideally within a corporate, retail, or multi-entity environment.
• Technical Proficiency:
  Direct experience with Net Suite or a similar ERP system is highly preferred.
• Advanced Microsoft Excel skills (must be fluent in Pivot Tables, X-Lookup, V-Lookup, and SUMIF functions).
• Knowledge:
  Strong foundational understanding of U.S. GAAP and general ledger accounting.
• Soft Skills:
  
  High attention to detail, strong organizational habits, and the ability to communicate financial data clearly to both accounting and non-accounting team members.

• Medical, Dental, Vision
• 401k plan
• Vacation & Sick Time
• Employee discount

* Magnolia Bakery is an Equal Opportunity Employer and participates in E-Verify.