About the Role

[This position is based out of our New York office. We are accepting applications for those interested in relocating to NYC.]

The Director of Revenue Accounting will develop and oversee all facets of revenue accounting cycle, such as billing, revenue recognition, and accounts receivable reporting. Ideal candidates have experience in a fast-paced high growth environment and ability to lead a team. The manager position has a deep understanding of revenue recognition rules and financial close process.

Responsibilities  

• Lead a team that manages a software subscription model and a revenue model based on consumption
• Work closely with key stakeholders of revenue data including but not limited to Legal, Sales and Operations teams
• Develop the appropriate control environment surrounding revenue recognition and implement process improvements for better efficiency and timeliness of reporting
• Maintain and evolve company execution process (daily, weekly, monthly goals)
• Understand, interpret, and review revenue contracts; identify deliverables and provide monthly revenue recognition journal entries
• Ability to impact continual improvement in managing customer expectations in billing format to also drive efficiency into billing process
• Ensure billing includes applicable taxes to ensure compliance
• Control credit memo process
• Responsible for monthly close process, with accompanying schedules
• Reconcile unbilled revenue, accounts receivable, deferred revenue, sales tax and accounts receivable reports
• Implement current and new revenue recognition standards
• Represent the Finance team in providing reconciliation schedules to financial auditors
• Support Finance team with revenue forecasting; manage VSOE, BESP and Relative Fair Value analyses
• Other financial responsibilities as requested including ad-hoc projects

Requirements  

• BA or BS degree in Finance, Accounting or Business Administration
• 5-7 years of experience in a similar role in Finance and Accounting
• Extremely detail oriented
• Understanding of US GAAP, including software and SaaS revenue recognition
• Very proficient in the use of Microsoft Office tools (power user of Excel) or similar tools
• Well-developed communication and interpersonal skills with all levels of employees, management, executives, and other organizations
• Proven project management, problem-solving, critical thinking, and decision-making ability
• Strong analytical and problem-solving abilities
• Ability to influence and interface effectively with employees at all levels within the company as well as external professionals
• Ability to function in a consultative style and to drive for results through cross-functional interactions

Nice to Have

• Experience using a Software planning tool (Adaptive, Host, Hyperion etc.)
• Experience using Accounting software (Netsuite and Zuora)
• SaaS or public company experience highly desirable

About Namely

Namely is the first HR, payroll, and benefits platform employees actually love to use. People are at the center of everything we do—from our platform to our staff. Why join us? We believe every company and every employee deserves a great workplace, supported by HR technology they use and love. Most importantly, we believe in giving you the tools you need to do the best work of your career.

We invite you to fill out the EEO survey below as part of our ongoing diversity initiatives at Namely. Your participation in the survey is completely optional and voluntary, and none of the information you provide will be considered in the hiring process or with respect to any employment decision made by Namely. Namely will have access only to anonymized data submitted through these surveys.