Senior Manager, Revenue Accounting at Vaco, LLC
San Francisco, CA
About the Job
Senior Manager, Revenue Accounting
Our client, a leading technology company, is seeking a Senior Manager, Revenue Accounting to develop and scale their accounting function
This role will support the accounting close process, assist in strategic initiatives to streamline the close process, and oversee key financial processes related to revenue accounting, commissions, and accounts receivable
Additionally, the Senior Manager will partner with the Finance Systems and Engineering teams to identify and implement automation opportunities
Responsibilities
Develop, implement, and maintain revenue recognition policies, procedures, and processes to ensure compliance with ASC 606.
Analyze and interpret complex revenue recognition scenarios, including subscription-based models, usage-based models, and professional services revenue.
Partner with FP&A in developing financial models and scenarios for strategic decision-making.
Assist in the month-end financial statement close process by reviewing journal entries, account reconciliations, and reporting on results to internal stakeholders.
Continually develop, expand, and improve month-end close and financial reporting procedures, helping drive the reduction of the close timeline by assessing and streamlining close-related activities.
Manage, mentor, and coach a team of 2 accountants.
Partner with Finance Systems and Engineering to identify and implement automation opportunities.
Collaborate with other departments to understand business operations and provide financial guidance.
Oversee the daily operations of accounts receivable, including policy management.
Requirements
8+ years of accounting experience, including at least 3 years at a Big 4 accounting firm and 3 years in industry.
Experience working in SaaS.
Bachelor’s degree in Accounting or Finance or equivalent.
CPA designation and strong knowledge of US GAAP.
Passion for building systems and process improvements, thriving in bringing process and organization to complex environments.
Experience implementing an ERP, revenue recognition, or billing system.
Ability to lead projects independently.
Ability to communicate technical accounting concepts to a non-technical audience.
Experience with NetSuite is a plus.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals
As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations
If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact
Vaco also wants all applicants to know their rights that workplace discrimination is illegal
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity
You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications
You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application
In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies
California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
Virginia residents may access our state specific policies here.
Residents of all other states may access our policies here
Canadian residents may access our policies in English here and in French here.
Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
the individual’s skill sets, experience and training;
licensure and certification requirements;
office location and other geographic considerations;
other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure
The individual may also be eligible for discretionary bonuses.
Our client, a leading technology company, is seeking a Senior Manager, Revenue Accounting to develop and scale their accounting function
This role will support the accounting close process, assist in strategic initiatives to streamline the close process, and oversee key financial processes related to revenue accounting, commissions, and accounts receivable
Additionally, the Senior Manager will partner with the Finance Systems and Engineering teams to identify and implement automation opportunities
Responsibilities
Develop, implement, and maintain revenue recognition policies, procedures, and processes to ensure compliance with ASC 606.
Analyze and interpret complex revenue recognition scenarios, including subscription-based models, usage-based models, and professional services revenue.
Partner with FP&A in developing financial models and scenarios for strategic decision-making.
Assist in the month-end financial statement close process by reviewing journal entries, account reconciliations, and reporting on results to internal stakeholders.
Continually develop, expand, and improve month-end close and financial reporting procedures, helping drive the reduction of the close timeline by assessing and streamlining close-related activities.
Manage, mentor, and coach a team of 2 accountants.
Partner with Finance Systems and Engineering to identify and implement automation opportunities.
Collaborate with other departments to understand business operations and provide financial guidance.
Oversee the daily operations of accounts receivable, including policy management.
Requirements
8+ years of accounting experience, including at least 3 years at a Big 4 accounting firm and 3 years in industry.
Experience working in SaaS.
Bachelor’s degree in Accounting or Finance or equivalent.
CPA designation and strong knowledge of US GAAP.
Passion for building systems and process improvements, thriving in bringing process and organization to complex environments.
Experience implementing an ERP, revenue recognition, or billing system.
Ability to lead projects independently.
Ability to communicate technical accounting concepts to a non-technical audience.
Experience with NetSuite is a plus.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals
As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations
If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact
HR@vaco.com
.Vaco also wants all applicants to know their rights that workplace discrimination is illegal
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity
You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications
You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application
In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies
California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
Virginia residents may access our state specific policies here.
Residents of all other states may access our policies here
Canadian residents may access our policies in English here and in French here.
Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
the individual’s skill sets, experience and training;
licensure and certification requirements;
office location and other geographic considerations;
other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure
The individual may also be eligible for discretionary bonuses.
