Red Bull

Sr. Accountant

Red Bull • $80K — $95K *
Santa Monica, CA 90405In-Person
Legal & Accounting
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance
  • Minimum of 5 years of accounting experience
  • Solid understanding of GAAP
  • Strong Microsoft Excel skills (Pivot Tables and V-Lookups)
  • Effective communication skills across organizational levels
  • Strong multi-tasking and organizational skills
  • Willingness to work extra hours during peak periods

Responsibilities

  • Maintain and distribute daily cash position report
  • Reconcile account activities to general ledger
  • Prepare and send invoices for sponsorship agreements
  • Reconcile biweekly payroll for accuracy
  • Reconcile all bank accounts during monthly close
  • Prepare and deliver documentation for audit requests
  • Assist with special accounting projects as assigned

Benefits

  • Travel opportunities (10-20%)
  • Permanent role
  • Eligibility for benefits
  • Collaborative work environment
  • Exposure to high-level financial processes
Full Job Description
The Senior Accountant plays a critical role in ensuring accurate and timely financial reporting for RB Media House North America (RBMH). This position is responsible for performing key accounting functions, including account reconciliations, journal entry preparation, payroll, daily cash management, and financial reporting. The role will support the integrity of the general ledger and collaborate with both internal and external stakeholders to maintain compliance and financial accuracy.

RESPONSIBILITIES

Areas that play to your strengths

All the responsibilities we'll trust you with:
  • CASH MANAGEMENT
    Maintain and distribute the daily cash position report to key stakeholders
    Review and clear items flagged in the Wells Fargo fraud filter to ensure uninterrupted payment processing
    Monitor weekly liquidity needs and request funding from Parent Company when necessary
    Post and record all incoming and outgoing wires and ACH transactions on a weekly basis
    Reconcile cash activity to the general ledger and bank statements as part of month-end
  • ACCOUNTS RECEIVABLE AND REVENUE RECOGNITION
    Prepare and send invoices related to sponsorship and content licensing agreements
    Maintain the Accounts Receivable ledger and work with RBMH team to resolve outstanding balances and past due accounts
    Schedule monthly meeting with RBMH Controlling and Sales team to review monthly sales
    Post monthly reclass entries to properly recognize earned revenue in accordance with contractual terms and GAAP
    Maintain and update the unearned revenue log to ensure timely and accurate revenue recognition
    Ensure compliance with internal revenue recognition policies and accounting standards (ASC 606) if applicable
    Assist with customer related questions from Athlete Performance team timely
  • PAYROLL
    Reconcile biweekly payroll to ensure accuracy of GL against bank debit
    Post biweekly payroll timely prior to bank rec deadline
    Coordinate with HR or payroll related to 401k debits or variance to the bank
    Support month-end close by ensuring payroll entries are accurately reflected in the general ledger
  • MONTH END CLOSE PROCESS
    Reconcile all RB Media House bank accounts as part of monthly close process
    Post required accruals and reclass journal entries in coordination with RBMH Finance controlling team
    Prepare and reconcile balance sheet schedules to ensure accuracy and completeness of financials
    Confirm the validity of newly acquired fixed assets and create entries in the fixed asset system as needed
    Run monthly depreciation and maintain fixed asset roll forward reports for Accounting and Tax team
    Prepare the content distribution revenue report and post the Intercompany invoice from Red Bull GmbH
    Prepare and submit the cost-plus calculation for review in accordance with intercompany agreements
    Post RBMH cost plus invoice timely and accurately
    Upload RBMH financial data into Hyperion Financial Management (HFM) for group consolidation
  • AUDIT SUPPORT
    Prepare and deliver supporting documentation for the RBMH audit reporting package
    Facilitate both interim and year-end audit requests timely and organized manner
    Prepare and submit PBC items preceding audit fieldwork
    Compile and submit sample support documentation as requested by external auditors
    Coordinate with internal stakeholders to ensure completeness and accuracy of audit deliverables
  • OTHER
    Reconcile and post RBMH American Express meeting corporate card
    Reconcile and post RBMH airfare American Express corporate card
    Review and process RBNA distributor billbacks
    Provide coding for incoming RB Records royalties for Staff Accountant
    Prepare royalty statements as required for RB Records
    Assist with developing new processes to increase efficiency for the growing business
    Serve as point of contact for RBMH field teams on accounting related inquiries
    Conduct special accounting projects as assigned by management
    Provide Tax team with any reports needed for planning or external audits
    Assist and provide guidance to Staff Accountants as needed on daily tasks and accounting processes
    Promote collaboration and knowledge sharing within the Finance team to enhance overall efficiency


EXPERIENCE

Your areas of knowledge and expertise

that matter most for this role:

  • EXPERIENCE, KNOWLEDGE, & EDUCATION (IF APPLICABLE) REQUIRED:
  • Bachelor's degree in Accounting or Finance from an accredited college or university
  • Minimum of 5 years of accounting experience
  • Solid understanding of GAAP
  • Strong Microsoft Excel skills (Pivot Tables and V-Lookups)
  • Proven track record in effectively communicating with all levels of an organization
  • Ability to take initiative with strong multi-tasking and organizational skills
  • Team player in a multi-cultural environment with strong interpersonal skills
  • Strong work ethic and willing to work extra hours and weekends during quarter-end and year-end closes to meet deadlines
  • PREFERRED QUALIFICATIONS:
  • Public accounting experience/CPA
  • SAP knowledge
  • Travel 10-20%
  • Permanent
  • Benefits eligible


WHERE YOU'LL BE BASED

Santa MonicaCalifornia, United States

United StatesRed Bull North America

JOIN THE TEAM

About Red Bull

Red Bull is an energy drink sold by Red Bull GmbH, an Austrian company created in 1987. Red Bull has the highest market share of any energy drink in the world, with 7.5 billion cans sold in a year (as of 2019). Austrian entrepreneur Dietrich Mateschitz was inspired by an existing energy drink named Krating Daeng, which was first introduced and sold in Thailand by Chaleo Yoovidhya. He took this idea, modified the ingredients to suit the tastes of Westerners, and, in partnership with Chaleo, founded Red Bull GmbH in 1987. Red Bull is sold in a tall and slim blue-silver can, and is marketed through advertising, events (Red Bull Cliff Diving World Series, Red Bull Air Race, Red Bull Crashed Ice), sports team ownerships (Red Bull Racing, Scuderia AlphaTauri, FC Red Bull Salzburg, New York Red Bulls, Red Bull Brasil, RB Leipzig, EC Red Bull Salzburg, Red Bull Ghana), celebrity endorsements, and music, through its record label Red Bull Records.
Learn more about Red Bull
Size
12,000 employees
Industry
Food & Beverages
* Ladders Estimates

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