Million Dollar Baby Co.
On a journey to inspire all parents to create beautiful nurseries through well designed products that are good for baby.
Los Angeles, CA, USA
Hybrid

Accounts Payable Coordinator

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Employer Provided Salary: 60,000-67,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

Welcome to Million Dollar Baby Co.!


We started in 1990 and are proudly family-owned and operated in Los Angeles. Since then, MDB Co. has grown to 7 distinct brands of children's furnishings ranging in style, aesthetic, and price point, while carrying some of the industry's most eco-conscious and award-winning designs. Our family of brands include: Babyletto, DaVinci, Nursery Works, Namesake, Monogram by Namesake, and Carter's by DaVinci. We can be found in mass retailers like Target and Amazon to your local mom-and-pop baby shop to specialty retailers like Pottery Barn Kids and Crate and Barrel.


At MDB Co., we credit all of our success to our mighty team of more than 110 smart, fun, and diverse individuals who make an impact every day! Our team members are our #1 priority and we partner with exceptional suppliers and retailers from around the world who share our values.


Lastly, we are proud that we have been awarded Great Place to Work in '21, '22, '23, Built in LA Best of List '22, '23, Fortune Best Places to Work '23. It's truly an amazing place to work!


We welcome you to learn more about our company and our fantastic team.


Teddy Fong

CEO


About the role: As an Accounts Payable Coordinator at Million Dollar Baby Co., you will play a pivotal role in shaping the financial landscape and ensuring compliance with industry standards. Your responsibilities will encompass a broad range of financial activities, from preparing detailed financial statements to preparing the annual audit process.

What you’ll be doing:

  • Prepare monthly, quarterly and annual financial statements and reports for management and external stakeholders
  • Prepare the annual audit process, liaising with external auditors and ensuring compliance with GAAP standards
  • Develop and maintain financial models to provide key insights and forecasts on profitability, cash flow, and growth opportunities
  • Perform account reconciliations, variance analysis, and other regular closing tasks
  • Ensure accuracy and regulatory compliance for tax filings and reporting
  • Analyze financial data to influence business decisions and strategy
  • Evaluate accounting policies and procedures and suggest improvements where applicable
  • Manage accounts payable functions and managing end to end accounts payable work including processing vendor invoices, reviewing pending payments, and managing supplier relationships
  • Complete General Ledger ownership
  • Stay current on accounting regulations and legislation

What you bring to the table:

  • Bachelor’s degree in Accounting or Finance required
  • 2-3 years experience in an accounting role, ideally within wholesale distribution
  • Expert knowledge of GAAP standards and financial reporting
  • Strong leadership abilities and experience managing an accounting team
  • High proficiency in Microsoft Excel and accounting software (Navision, Databricks, Sigma, and Concur experience a plus)
  • Excellent written and verbal communication skills
  • Sharp analytical thinking and complex problem-solving skills
  • High attention to detail and accuracy

Our Benefits

  • 100% of your health, dental and vision insurance monthly premiums paid by us! 
  • Flexible PTO because we respect the need for work/life harmony 
  • Company matching 401(k) 
  • Vacation reimbursement and health & wellness subsidy programs 
  • Tuition reimbursement 
  • Matching charitable donations to the nonprofit organization of your choice 
  • Company-wide monthly celebrations - lunch is on us! 
  • Dog-friendly workplace, yes! You can bring your best friend to work 
  • Free MDB Co. swag + generous employee discount on products 

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.


As an important step in coming together as safely as possible, Million Dollar Baby Co. requires all employees to be fully vaccinated and boosted against COVID-19 as a condition of employment unless a medical or religious exemption is approved. 


Million Dollar Baby Company is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application and/or recruitment process. If you need assistance or an accommodation due to a disability, you may contact us at [email protected]

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What are Million Dollar Baby Co. Perks + Benefits

Million Dollar Baby Co. Benefits Overview

Stay Healthy
In addition to competitive medical, dental, and vision benefits, we cover Life Insurance and Short Term Disability. To sweeten the deal, we’ll reimburse some of your health & wellness expense, so send us the bill for your yoga, kickboxing, or gym membership!

Value Family
We believe in the importance of building strong, loving families. We offer paid maternity and paternity leave to eligible employees, as well as family planning and adoption assistance reimbursement and a transitional period to help ease back in to work life.

Find Balance
We want you to love your job and still have time and energy for real life, whether it’s pursuing your own hobbies or participating in your children's school programs. We offer flexible hours and work from home options so you can be the most productive version of yourself.

Home To Furry Friends
Playing with pets is known to lower stress and increase the levels of serotonin in your brain. We happily welcome pups at our office – check out our Instagram feed dedicated to our @milliondollarbarkers!

Competitive Pay
We are always doing our market research to ensure that we offer a competitive package to secure and retain top talent. Plus we offer performance bonuses when we all do well together!

Save for the Future
Take advantage of our 401k plan – start saving, and we’ll match dollar for dollar up to 4%! It’s never too early (or too late!) to start thinking about your retirement plan.

Explore New Places
What if we said we would pay you to tell us about your vacation? We believe that travel experiences are a key learning opportunity for personal growth. We’ll reimburse $500 for domestic trips and $700 for international trips.

Seek Growth
Personal and professional growth is one of our Core Values. Is there a course that could add to your expertise? A class that will help you hone a skill? Let us know and we can support you!

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Hybrid work model
Flexible work schedule
Remote work program
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
Hiring practices that promote diversity
Diversity recruitment program
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Wellness days
Annual 20 Half-Day Fridays
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Generous parental leave
Family medical leave
Adoption Assistance
Return-to-work program post parental leave
Fertility benefits
Vacation + Time Off
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Bereavement leave benefits
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Pet friendly
Relocation assistance
Fitness stipend
Mother's room
Professional Development
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

MDB Co. offers a vacation subsidy of up to $700.00 annually.

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