Revenue Accounting Manager

Retool • San Francisco, CA

13d • Hybrid

About The Position

ABOUT RETOOL Nearly every company in the world runs on custom software for critical operations like tracking performance metrics, handling customer support workflows, building admin dashboards, and countless other processes you might not have even thought of. But most companies don't have adequate resources to properly invest in these tools, leading to a lot of old and clunky internal software or, even worse, users still stuck in manual and spreadsheet flows. At Retool, we’re building the first enterprise AppGen platform: software that transforms natural language into production-ready code, integrates directly with business data, and meets the highest standards of security and governance. AI is redefining what it means to build software—and who gets to build it. The definition of “developer” now includes analysts, operators, and domain experts creating solutions directly. As the pool of builders widens, so does the complexity of what they need to build. The opportunity is enormous, but so is the challenge of enabling this larger community to build production-grade software safely. That means AI that understands real business data, enforces enterprise policies automatically, and empowers teams to create once and reuse everywhere with shared, trusted components. Over 100 million hours of work has been automated by developers and domain experts using our platform, freeing them to focus on creative problem-solving and strategic initiatives that drive real business value. The people closest to knowing what needs to be built can now safely create custom solutions within enterprise guardrails. And that's a mission worth striving for. Let's build the future together! WHY WE’RE LOOKING FOR YOU: 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

Benefits

• Retool offers generous benefits to all employees and hybrid work location.
• Retool provides a comprehensive benefit plan, including medical, dental, vision, and 401(k).

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 251-500 employees