Revenue Accounting Manager

View full description

Requirements:

• Bachelor’s Degree in Accounting is required
• 7+ years with relevant accounting experience and 2+ years of working in revenue accounting at a technology company with a SaaS business model
• Strong understanding of Generally Accepted Accounting Principles including understanding of ASC 606, ASC 340, ASC 350
• Strong background working with general ledger, balance sheet reconciliations, and audits
• Experience with working on a leading ERP such as NetSuite or equivalent
• Proficiency working with Google Suite, Slack, Salesforce, & Microsoft Excel
• Effective communications in writing and verbally to multiple levels within the organization as well as to external parties
• Demonstrated success in managing multiple cross-functional projects simultaneously, leveraging strong business acumen to drive initiatives to completion.

Responsibilities:

• Manage the revenue accounting close process, driving timely and accurate reporting of revenue on a monthly basis and recording monthly revenue journal entries
• Develop a deep understanding of the company’s product offerings, our customer contracts and our pricing structure
• Maintain Lob’s compliance with ASC 606 by planning and documenting how Lob will account for new transactions under ASC 606
• Identify, facilitate and drive improvements of processes to increase internal efficiencies
• Lead automation efforts alongside business partners to drive efficiency initiatives within the quote to cash business cycle
• Administer the new 3rd party CPQ + Billing + Revenue system, which includes working cross-functionally to enable the setup of new products and offerings, maintaining system approval workflow and accounting rules for journal entries, and reporting on relevant insights and key metrics
• Manage and coach a team to oversee the billing, accounts receivable and cash collections processes, day-to-day troubleshooting and customer support on billing inquiries, and ensure accuracy of customer contracts
• Support the monthly, quarterly, and annual close processes
• Analyze and reconcile complex balance sheet accounts to identify and resolve discrepancies
• Conduct flux analysis of general ledger accounts
• Process and monitor capitalization of internally developed software under ASC 350 and capitalized commissions under ASC 340
• Assist with sales tax compliance procedures
• Drive the development of various accounting processes/process documentation
• Assist with the preparation and review of prepared by client (PBC) schedules for the annual audit and address audit queries
• Assist with ad-hoc projects assigned by the Controller