The Revenue Accounting Manager will be responsible for accounting, reconciling and reporting revenue in accordance with US GAAP revenue accounting standards, Company policies and procedures as well as assisting with system clean from the implementation of a new revenue recognition software. This is a hands-on role that requires ownership and responsibility for periodic and ad hoc reconciliations of various revenue related areas including month end-close, year-end financial statement and related footnotes as well as customer cohort analysis. This position will report directly to the Director of Accounting.

Key Responsibilities

• Manage end-to-end accounting and reporting of revenue in accordance with US GAAP ASC 606 across the consolidated company
• Complete month and year-end closing processes and prepare journal entries as applicable:
  • Lead the audit process as it relates to revenue, including managing the auditing requests, support and financial statement disclosure preparation
  • Reconcile monthly revenue to contract detail, including analyzing cash collections, performance obligations and various reporting metrics
  • Investigate and review unique revenue recognition events, including point-in-time (device shipments), over-time (subscription services), percent-of-completion (implementation services) and variable consideration (returns)
  • Perform balance sheet rollforwards of contract asset, deferred revenue and capitalized commissions
  • Be proactive and take initiative when performing tasks to help maintain the integrity of the financial statements and increase efficiencies
• Assist in system implementation clean up as it relates to the previous implementation of Oracle Revenue Management Cloud Services (“RMCS”)
  • Investigate and validate large volumes of data to determine issues and corrections required of the revenue accounting system
  • Test and reconcile configuration and system process to determine best methods for corrections of the revenue accounting systems.
  • Assist in building checks and balances controls with new system
• Calculate Standalone Selling Price (SSP) on a periodic basis for use in RMCS allocations.
• Review non-standard contracts to determine revenue recognition, contract terms and other relevant information
• Maintain an up to date and thorough knowledge of the technical accounting policies, including Nextiva’s internal Revenue Recognition Policy
• Participate in process development and continuous improvement projects
• Develop and establish business partnering relationships with key stakeholders such as Sales, Sales Operations, Professional Services, Device Product Development, Billing, FP&A, Accounting, IT and Legal
• Lead, assist or participate in Revenue Recognition projects as directed by Director of Accounting

Qualifications

• Bachelor’s degree in Accounting/Finance required
• CPA and Big 4 firm, preferred
• Minimum of 4 years public accounting experience preferred
• Strong GAAP knowledge, ASC 606 and ASC 340-40 knowledge required
• Strong experience and familiarity with quote to cash cycle, specifically knowledge of sku and product hierarchies as well as Software-as-a-Service companies
• Prior experience with revenue recognition and contract management systems. Oracle Revenue Management (RMCS) and Salesforce preferred
• Highly proficient in Microsoft Excel w/power user abilities to perform pivots, LookUps, etc.
• Plus for user knowledge of high-powered computing tools such as Alteryx and PowerBI.
• Excellent analytical, decision making and problem-solving skills with meticulous attention to detail.
• Ability to juggle multiple tasks and to complete them in a timely manner in a fast-paced and rapidly changing environment
• Ability to take initiative, identify issues, act independently, and communicate and present recommendations to senior management
• Ability to analyze complex data and communicate observations in a simplified manner
• Strong business judgement and ability to work extended hours as needed
• Excellent interpersonal skills with ability to communicate with various levels in the organization, be a revenue recognition champion with the ability to communicate in “plain-english” revenue concepts to non-revenue colleagues.

Nextiva Core Competencies / DNA:

• Drives Results:  The successful candidate will be action oriented, with a passion for solving problems.  They will bring clarity and simplicity to ambiguous situations.  This individual will challenge the status quo; asking what we can do differently and finding ways to create and build more success.  They are a change agent, prepared to lead and drive changes as we transform. 
• Critical Thinker:  The successful candidate is fact based and data driven, able to understand and articulate the “why,” identifying key drivers and learning from the past.  They are forward-thinking, anticipating problems before they arise.  They’ll recommend and action well thought out solutions, understanding the risks and dependencies. 
• Right Attitude:  The successful candidate will be team-oriented, collaborative and competitive with a winning mindset; they’re resilient and able to easily bounce back from setbacks.  They will be able to zoom in / out, willing to be hands-on to help solve important problems while being a motivating figure for the team along the way.  They will embrace a culture of service and learning with a focus on caring, supporting and respecting our customers and team members.

Compensation, Rewards & Benefits:

Nextiva provides a comprehensive employee benefits package that includes medical (including supplemental plans for accident, hospitalization and critical illness), telemedicine, dental, vision, disability, life insurance, legal assistance, an Employee Assistance Plan, paid parental bonding leave, PTO for hourly employees and Flexible Time Off (FTO) for salaried employees, an employee long-term savings plan (401k) through Fidelity with Nextiva matching, comprehensive employee wellness programs and loads of learning and development opportunities which are coupled with career paths to last a lifetime.

Interested in joining our amazing team at Nextiva HQ? Apply today as we launch the future of business conversations!????

Established in 2008 and headquartered in Scottsdale, Arizona, Nextiva secured $200M from Goldman Sachs in late 2021, valuing the company at $2.7B.To check out what’s going on at Nextiva, check us out on Instagram, Instagram (MX), YouTube, LinkedIn, and the Nextiva blog. 

Nextiva is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.Nextiva participates in the E-Verify Program where and as required by law. For additional information about E-Verify visit USCIS. 

#LI-MP1   #LI-HYBRID

Your impact

We are seeking a highly motivated Revenue Accounting Manager to join the accounting team and support the growing Handshake business. In this role you will drive all aspects of revenue and receivables operations, build the team of talented professionals, lead the system automation efforts and partner with cross-functional Handshake teams.

The ideal candidate has strong analytical and organizational skills, attention to detail, great interpersonal communication skills, willingness and the ability to work in a fast-paced environment.

Your role

• Manage the monthly revenue close process, ensuring accuracy and timeliness of revenue recognition. Prepare and review revenue-related journal entries, reconciliations, and supporting documentation
• Oversee  day-to-day order to cash operations, including customer invoicing, cash applications, collections, customer account reconciliations
• Prepare and analyze accounts receivable aging reports, monitor customer accounts for overdue payments, follow up on delinquent accounts, and take appropriate actions to collect outstanding balances
• Oversee the implementation and maintenance of revenue recognition policies and procedures in compliance with ASC 606 and other relevant accounting standards 
• Collaborate with cross-functional teams (Sales, Legal, Finance) to review and interpret customer contracts for proper revenue treatment, customer billing and collections process
• Provide guidance, training, and performance management to junior team members
• Continuously improve revenue accounting processes and internal controls through driving system automation initiatives, developing operating procedures
• Oversee sales tax filings process
• Actively participate in external audit and respond to revenue-related audit inquiries,  assist in the preparation of external financial statements and disclosures related to revenue.

Your experience

• Minimum 5 years of experience in Accounting, including minimum 1 year management experience in a fast paced high growth environment
• Working knowledge of US GAAP, particularly ASC 606
• Proficiency in using accounting software and ERP systems. Experience with NetSuite is preferred. 
• Proficiency with Microsoft Excel or Google Sheets
• Salesforce experience is a plus
• Previous public accounting experience with a Big-4 firm is a plus
• Bachelor's degree in accounting, finance, or a related field. CPA or other internationally recognized accounting certification are a plus
• Proven ability to manage a high volume of transactions, meet deadlines, and work under pressure.
• Strong leadership abilities, with experience in supervising and developing a team
• Excellent communication and interpersonal skills

Compensation range

• $125,000-$150,000

Job Summary 

We are seeking an outgoing, motivated, and hands-on Manager of Revenue Accounting to join our finance team. Reporting to the Senior Manager of Revenue Accounting, this role will oversee the entire order-to-cash cycle and support our monthly close and annual audit processes. Key focus areas within the order-to-cash cycle include Accounts Receivable (AR), Billing, Collections, Reward Pool, Deferred Revenue, and more.

The ideal candidate will possess a deep understanding of ASC 606 and be familiar with key systems such as Salesforce (SFDC) and NetSuite. Experience with SaaS, subscription, or recurring revenue-based revenue recognition is a plus. We are looking for someone with a "roll-up-the-sleeves" attitude, capable of multitasking and thriving in a fast-paced startup environment.

Essential Duties and Responsibilities 

Day to Day Activities
Coordinate accurate and timely month-end close processes for the order-to-cash cycle in accordance with the accounting close calendar (monthly, quarterly, and annually), including preparation, review, and approval of relevant monthly journal entries and account reconciliations.
Oversee key subprocesses within the order-to-cash cycle, including Accounts Receivable (AR), Billing, Collections, Reward Pool, Deferred Revenue, and more.
Review the work of a senior account who will support the full order-to-cash cycle.
Be responsible for all ASC 606 revenue recognition determinations, including reviewing all sales contracts, related documentation, and reporting during month-end close.
Approve all sales orders in NetSuite (via SFDC) and collaborate cross-functionally with sales operations.
Review monthly sales tax nexus, filings and reconciliations
Prepare monthly revenue/ARR fluctuation analysis 
Improve and implement best practices across the monthly close processes.
Develop and maintain effective internal control processes suitable for a private growth-stage company.

Ad-Hoc Activities
Develop and maintain  a playbook that includes a detailed reconciliation between payment platforms (PayPal, Trolley, Kraken, etc.), the Crowd Control Platform and SFDC.
Contribute to the preparation of timely, accurate, and meaningful internal and external financial statements and management reports.
Partner with business unit leaders to review customer contracts and perform initial assessments of appropriate revenue recognition treatment.
Participate in ad hoc projects requiring specialized technical accounting knowledge.
Develop strong business partnerships with business unit, departmental, and internal financial leadership teams.

Education, Experience, Knowledge, Skills, and Abilities

Bachelor’s or Master’s degree in Accounting or Finance; an advanced degree is a plus.
CPA certification is required.
At least 5 years of accounting experience, including a minimum of 3 years at a national public accounting firm.
Experience in the software industry or a high-growth technology company is highly desirable.
Proficiency with the NetSuite ERP system is required.
Familiarity with SFDC, Stripe, Gainsight and JIRA is a plus.
Strong technical skills in GAAP and SEC reporting.
Experience with Sarbanes-Oxley is a plus.
High proficiency in MS Office, with advanced skills in Excel.
Excellent oral and written communication skills, including the ability to present effectively.
A team player who thrives in a collaborative environment that encourages continuous improvement and high performance.
Deadline-driven with a commitment to the highest level of accuracy.
Exceptional organizational skills, with the ability to manage multiple tasks and activities simultaneously.
Proven track record of problem-solving, strategic creative thinking, and strong business communication skills.

Working Conditions

The ideal candidate must be able to complete all physical requirements of the job with or without reasonable accommodation.

Sitting and/or standing - Must be able to remain in a stationary position 50% of the time

Carrying and /or lifting - Must be able to carry / move laptop as needed throughout the work day.

Environment - remote, work-from-home 100% of the time.

ADA Statement

Bugcrowd is committed to the full inclusion of all qualified individuals. In keeping with our commitment, Bugcrowd will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please contact HR at ada@bugcrowd.com.

Pay Range Disclosure

At Bugcrowd, we strive for fairness, equality and to create an environment that allows our people to perform at their very best. Our compensation philosophy is to foster a collaborative community that rewards, attracts and retains the best possible talent.

The provided salary details are based on US national averages and we retain the flexibility to tailor to the needs of the business. The national estimate for the current base range for the Revenue Accounting Manager position is $93,700 - 105,200