Careers at MGA Entertainment

Staff Accountant (Entry Level)

Requisition ID: 9200404889329_1
Location: Los Angeles, CA, US
Date posted: Aug 10, 2022

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

Time Utilization

1.

Bank Account Reconciliations

25%

2.

Balance Sheet Analysis

35%

3.

Maintain Fixed Assets

15%

4.

Prepare Prepaid schedules monthly

10%

5.

Prepare monthly journal entries

10%

6.

Payroll backup

5%

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 forcommunicating 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. 
  • Selfmotivated and selfstarter
  • 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