Revenue Accounting Manager

retool•San Francisco, CA

46d

About The Position

Retool is looking for a strong Revenue Accounting Manager to join our accounting team. Reporting to the Revenue Accounting Lead, the Revenue Accounting Manager will be the focal point on revenue recognition and contract structuring, supporting new product introduction, playing an integral role in our revenue accounting processes, working cross functionally with our sales and revenue operations team and other key stakeholders. This role will help build and uphold revenue recognition standards for Retool. We will also look to you to help us build processes, develop controls, and identify opportunities for automation that will help us scale. Additionally this role will support the Company in its external audits. Finally, as a fast-growing business, there will be opportunities to lead special projects, which will enable you to expand your skill set while helping Retool build new accounting capabilities.

Requirements

Bachelor's degree in Accounting or other relevant field
Certified Public Accountant or equivalent, with Big 4 or large accounting firm experience
6+ years of relevant revenue recognition experience
Prior experience at a start-up or other fast-paced environment
Strong understanding of US GAAP, ASC 606 and ASC 340 principles
Strong organizational skills; a detail-oriented self-starter with the ability to work independently and across various functions
Proven experience in customer contract reviews, subscription billing processes and systems, invoicing, and collections strategies
Ability to partner cross-functionally across the company, and with external partners
Proven analytical and creative problem-solving skills, with the capacity to identify issues and implement solutions proactively, driving continuous improvement
Excellent communication and organizational skills, both written and verbal

Nice To Haves

Experience with NetSuite preferred
Experience with Stripe and Salesforce a plus
Prior experience with large datasets and SQL a plus
SaaS revenue accounting experience is a plus
Knowledge of sales tax and international VAT is a plus

Responsibilities

Serve as a subject matter expert on ASC 606 revenue accounting and the quote-to-cash process
Oversee the accounting of multiple revenue streams as well as the design, implementation, and execution of scalable and effective processes for a more efficient close and strong control environment
Help build formal accounting policies in accordance with US GAAP, prepare technical revenue accounting memos in compliance with US GAAP, and monitor relevant US GAAP developments to ensure revenue recognition policies are in compliance
Review customer contracts for revenue recognition to ensure compliance with company policies and appropriate revenue recognition standards under ASC 606
Review, document, and communicate any revenue impacts for customer contracts in accordance with Retool's revenue recognition policies and ASC 606
Participate in the month end close process including preparation of journal entries, account analysis, reconciliation of revenue accounts and review of other team member's work to deliver timely and accurate financial results
Work cross functionally to standardize procedures, drive process improvements and automation efforts to streamline revenue accounting operations and improve the quality of monthly, quarterly, and annual closes including internal controls
Develop and provide technical revenue recognition training to cross functional teams, including sales and revenue operations
Support special projects as needed including the implementation and / or maintenance of revenue accounting systems and tools
Support our financial statement audits