Manager, Financial Reporting

Manager, Financial Reporting

Los Angeles, California

Hybrid Schedule (M/F remote, T/W/TH in-office)

At Magnite, we cultivate an environment of continuous growth and collaboration. Our work impacts what millions of people read, watch, and buy, and we’re looking for people to help us tackle that responsibility with creativity and focus.  Magnite (NASDAQ: MGNI) is the world’s largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV / streaming, online video, display, and audio. Our tech fuels billions of transactions per day!

About this team:

Our Financial Reporting team is based in Los Angeles alongside the majority of our broader Finance organization. This lean, highly collaborative team is responsible for SEC and financial reporting, technical accounting, and related compliance activities.

As a member of the Financial Reporting team, you will partner closely with Accounting, FP&A, Legal, the People Team, and external auditors to support the Company’s quarterly and annual reporting processes. Responsibilities include drafting, reviewing, tying out, and filing Forms 10-Q, 10-K, and other SEC filings, as well as supporting technical accounting analyses, equity-related accounting, and other strategic finance initiatives.

In this role you will: 

• Develop a strong understanding of the Company’s business operations, processes, and key financial reporting risks.

• Prepare and review financial statements and footnote disclosures in accordance with U.S. GAAP and SEC reporting requirements.

• Support the preparation and filing of Forms 10-K, 10-Q, 8-K, and other SEC filings 

• Ensure completeness and accuracy of disclosures through detailed review of U.S. GAAP and SEC disclosure checklists.

• Prepare and review supporting financial reporting schedules, analyses, and documentation.

• Coordinate the quarterly and annual reporting calendar and ensure adherence to key filing deadlines.

• Support quarterly reviews and annual audits by coordinating with external auditors and internal stakeholders.

• Maintain and enhance SOX documentation, including process flowcharts, risk/control matrices, and control narratives.

• Research and interpret new accounting standards and SEC guidance, and assess the impact on the organization.

• Partner with external auditors, consultants, Legal, the People Team, and other cross-functional stakeholders on technical accounting and reporting matters.

• Review journal entries, reconciliations, and analyses related to stock-based compensation and equity activity.

• Review Black-Scholes valuation calculations and support accounting analyses related to stock-based compensation arrangements.

• Support financial due diligence and accounting integration efforts related to acquisitions and strategic initiatives.

• Prepare and submit census and related data requests from government agencies and regulatory bodies.

• Mentor and review the work of more junior team members and provide guidance on accounting and reporting matters.

• Assist with process improvement initiatives and automation opportunities across the financial reporting function.

• Perform ad hoc analyses and special projects, as needed.

• Provide backup support for the Director of Financial Reporting, as needed.

We’re looking for someone with:

• Bachelor’s Degree in Accounting/Finance or Business, with minimum of 4 years of experience in Financial Reporting, or 3 years of public accounting experience.

• CPA preferred.

• Highly detail and deadline oriented with the ability to prioritize, focus and thrive in a high paced multi-tasking environment.

• Strong verbal and written skills along with good interpersonal and organizational skills

• Strong Excel skills required.

• Curious in nature and motivated to learn and work hard.

• Public company experience and knowledge of internal controls preferred.

• Oracle experience or experience with large ERP systems preferred.

• Experience in the technology industry a plus

Perks and Benefits: 

• Comprehensive Healthcare Coverage from Day One

• Generous Time Off  

• Holiday Breaks and Quarterly Wellness Days

• Equity and Employee Stock Purchase Plan

• Family-Focused Benefits and Parental Leave 

• 401k Retirement Savings Plan with Employer Match

• Disability and Life Insurance

• Cell Phone Subsidy

• Fitness and Wellness Reimbursement

Company Culture: 

We believe collaboration is essential to success. Magnite’s hybrid schedule includes two days worked remotely (Monday and Friday) and three days on-site (Tuesday, Wednesday and Thursday). Our offices provide catered lunches, beverages, snacks, training and development, and office events to support your work week.  We also understand you have appointments, families, hobbies, and other commitments. Magnite strives to maintain a healthy work/life integration for all employees so you can bring your best every day - both at work and at home.

• Community Service and Volunteer Events

• Company-Matched Charitable Contributions

• Wellness Coach and Mental Health Support

• Career Development Initiatives and a Career Growth Framework

• Culture and Inclusion Programs

• Bonusly Peer-to-Peer Recognition Program

About Us

The world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile-high Denver, historic London, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

In California, the base salary range for this position is: $130,000-$150,000 in addition to an annual variable bonus based on performance and company equity (NASDAQ: MGNI). 

For Los Angeles-based applicants:

Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

The material job duties of this specific job position for which Magnite reasonably believes that a criminal history may have a direct, adverse, and negative relationship include:

• Having access to the Company’s Confidential Information or trade secrets including data related to customers, clients, vendors, business partners, or suppliers 

• Work with cross teams  to access datasets, databases, formulas, algorithms, tools, products, prototypes, systems applications, and technologies in any stage of development 

Magnite is an Equal Opportunity Employer and does not discriminate against applicants due to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation or any other federal, state or local protected class.

Our Commitment: We aim to incorporate a wide range of voices into our Magnite culture, cultivating an environment where employees feel welcomed, cared for, and encouraged to freely share ideas. We are committed to employee growth, collaboration, inclusion, and innovation.  We invest in Magnite’s local communities. We seek talent from all backgrounds to champion corporate values of seeing the big picture and being catalysts of change.

Want to learn more about us?  

Check out our blog for Magnite announcements and Ad Tech industry news! 

Recruiting Agency Notice

Magnite does not accept agency resumes and is not responsible for any fees related to unsolicited resumes.