Accounts Payable & Receivable Specialist

About Million Dollar Baby Co.
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, daVinci, 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!
Role Summary
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.
What You’ll Be Doing
Accounts Payable Responsibilities:
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.
Accounts Receivable Responsibilities:
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.