Accounts Payable & Receivable Specialist

<div class="content-intro"><p><strong>About Million Dollar Baby Co.</strong></p>
<p>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. <br><br>Under the Million Dollar Baby Co. parent company are our family of brands: <strong>Babyletto, daVinci, Nursery Works, and Namesake. </strong>We’re proud to offer the most <strong>Greenguard Gold–certified</strong> cribs on the market and to use <strong>FSC-certified</strong> 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.<br><br>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:<br><br>• <strong>Treat Your Team Like Family</strong> — lead with respect, gratitude, empathy, and kindness.<br>• <strong>Make an Impact, Drive Results</strong> — focus on meaningful work that moves families forward.<br>• <strong>Deliver a “Wow” Customer Experience Every Time</strong> — every detail matters.<br>• <strong>Strive for Continuous Improvement & Learning</strong> — keep growing, keep getting better.<br>• <strong>Cultivate Quality Conversations</strong> — communicate honestly and thoughtfully to build trust.<br><br>Over the years, our commitment to people, innovation, and a positive workplace culture has earned us five consecutive <strong>“Best Place to Work”</strong> awards, one of the best workplaces by <strong>“Built in LA”</strong>, a 4.6 rating on <strong>Glassdoor</strong>, and 13 years on the <strong>Inc. 5000 Fastest Growing Companies</strong> 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! <br></p></div><div id="isPasted">
<p><strong><span data-contrast="none"><span data-ccp-parastyle="heading 2">Role Summary</span></span></strong><span data-ccp-props="{"134245418":true,"134245529":true,"335559738":160,"335559739":80}"> </span></p>
<p><span data-contrast="none">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.</span><span data-ccp-props="{"335551550":6,"335551620":6,"335559739":200}"> </span></p>
<p><strong><span data-contrast="none"><span data-ccp-parastyle="heading 2">What </span><span data-ccp-parastyle="heading 2">You’ll</span><span data-ccp-parastyle="heading 2"> Be Doing</span></span></strong><span data-ccp-props="{"134245418":true,"134245529":true,"335551550":6,"335551620":6,"335559738":200,"335559739":100}"> </span></p>
<p><strong><em><span data-contrast="none">Accounts Payable Responsibilities:</span></em></strong><span data-ccp-props="{"335551550":6,"335551620":6,"335559685":0}"> </span></p>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1"><span data-contrast="none">Manage end-to-end accounts payable processes, including processing vendor invoices, reviewing pending payments, and managing supplier relationships.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1"><span data-contrast="none">Perform account reconciliations, variance analysis, and other regular closing tasks.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1"><span data-contrast="none">Ensure the accuracy and regulatory compliance for tax filings and reporting.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1"><span data-contrast="none">Prepare financial statements and assist with monthly, quarterly, and annual financial reporting for management and external stakeholders.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="5" data-aria-level="1"><span data-contrast="none">Prepare and assist with the annual audit process by liaising with external auditors.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="6" data-aria-level="1"><span data-contrast="none">Complete General Ledger ownership, maintaining accuracy in all entries and reporting.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="7" data-aria-level="1"><span data-contrast="none">Stay current on accounting regulations and legislation, ensuring compliance with GAAP standards.</span><span data-ccp-props="{}"> </span></li>
</ul>
<p><strong><em><span data-contrast="none">Accounts Receivable Responsibilities:</span></em></strong><span data-ccp-props="{"335559685":0}"> </span></p>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="8" data-aria-level="1"><span data-contrast="none">Process and post daily incoming payments (Check, ACH, credit card, and Wire).</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="9" data-aria-level="1"><span data-contrast="none">Apply payments to corresponding invoices, maintaining accurate records of account balances.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="10" data-aria-level="1"><span data-contrast="none">Provide collection assistance and resolve past-due discrepancies with customers.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="11" data-aria-level="1"><span data-contrast="none">Manage all chargebacks and disputes for resolution, reconciling accounts as necessary.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="12" data-aria-level="1"><span data-contrast="none">Send weekly statements to customers and provide AR reports for management review.</span><span data-ccp-props="{}"> </span></li>
</ul>
<ul>
<li data-leveltext="" data-font="Symbol" data-listid="1" data-list-defn-props="{"335552541":1,"335559685":1080,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="13" data-aria-level="1"><span data-contrast="none">Perform daily AR aging reviews and analysis, collaborating with the sales team for account reconciliation.</span><span data-ccp-props="{}"> </span></li>
</ul>
<p><span data-ccp-props="{"335551550":6,"335551620":6,"335559685":1080}"> </span></p>
<p><strong><span data-contrast="none"><span data-ccp-parastyle="heading 2">What You Bring to the Table</span></span></strong><span data-ccp-props="{"134245418":true,"134245529":true,"335551550":6,"335551620":6,"335559738":240,"335559739":100}"> </span></p>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1"><span data-contrast="none">Bachelor’s degree in Accounting or Finance required. </span><span data-ccp-props="{"335551550":6,"335551620":6,"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1"><span data-contrast="auto">1-3 years of experience in an accounting role, preferably in accounts payable, receivable, or both, within wholesale distribution. </span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1"><span data-contrast="auto">Strong knowledge of GAAP standards and financial reporting. </span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1"><span data-contrast="auto">Proficiency in Microsoft Excel and accounting software (Navision, Databricks, Sigma, and Concur experience a plus). </span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="5" data-aria-level="1"><span data-contrast="auto">Excellent communication and interpersonal skills. </span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="6" data-aria-level="1"><span data-contrast="auto">Sharp analytical thinking and problem-solving skills. </span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="7" data-aria-level="1"><span data-contrast="auto">Attention to detail and a high degree of accuracy. </span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
<ul>
<li data-leveltext="•" data-font="Sofia Pro" data-listid="2" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Sofia Pro","469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="8" data-aria-level="1"><span data-contrast="auto">Experience with Shopify and managing large accounts, a plus.</span><span data-ccp-props="{"335559739":100}"> </span></li>
</ul>
</div><div class="content-pay-transparency"><div class="pay-input"><div class="title">California pay range</div><div class="pay-range"><span>$30</span><span class="divider">—</span><span>$35 USD</span></div></div></div><div class="content-conclusion"><p><strong>Our Benefits:</strong></p>
<ul data-pattern="discCircleSquare" data-depth="1">
<li value="1">100% of your health, dental and vision insurance monthly premiums paid by us!  </li>
<li value="2">Flexible PTO because we respect the need for work/life harmony  </li>
<li value="3">Company matching 401(k)  </li>
<li value="4">Vacation reimbursement and wellness and enrichment subsidy programs  </li>
<li value="5">Tuition reimbursement  </li>
<li value="6">Matching charitable donations to the nonprofit organization of your choice  </li>
<li value="9">Free MDB Co. swag + generous employee discount on products  </li>
</ul>
<p><em>At Million Dollar Baby Co., we’re passionate about diversity and welcome applicants from all backgrounds. Our diversity, inclusion and equity committee (DIEC) strives to break barriers for minority communities, help educate the company on pertinent topics, and work to ensure equal opportunities for existing and potential employees. Since its formation in 2020, our committee has focused on multiple areas, some include hiring, community involvement and continuous learning about Diversity, Inclusion and Equity. </em></p>
<p><em>Million Dollar Baby Company is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application and/or recruitment process. </em></p>
<p> </p></div>