Revenue Accounting Manager

Summary

Join Lob's growing accounting team as a Revenue Accounting Manager! This role manages the end-to-end order-to-cash process, ensuring accurate financial reporting related to revenue. You will collaborate with various business partners and support monthly, quarterly, and annual close processes. Responsibilities include managing the revenue accounting close process, developing a deep understanding of Lob's products and pricing, maintaining ASC 606 compliance, and leading automation efforts. The ideal candidate possesses a Bachelor's degree in Accounting, 7+ years of relevant experience (including 2+ years in revenue accounting at a SaaS company), and a strong understanding of GAAP. This position offers a competitive base salary, Restricted Stock Units, and remote work opportunities.

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

Preferred Qualifications

• Public accounting experience and a CPA are a plus
• Experience with NetSuite or similar ERP system
• Experience with Bill.com, Expensify, Google Suite, Asana
• Experience in technology, print, or advertising industries
• Experience working with late stage startups

Benefits

• Base salary: $127,500-$157,500
• Restricted Stock Units
• Remote working opportunities in AZ, CA, CO, DC, FL, GA, IA, IL, MA, MD, MI, MN, NE, NC, NH, NJ, NV, NY, OH, OR, PA, RI, TN, TX, UT, and WA