Revenue Accounting & Operations Director, MasterClass
$155-180k
Plus equity
Streaming platform for learning
Job no longer available
Streaming platform for learning
501-1000 employees
Job no longer available
$155-180k
Plus equity
501-1000 employees
Company mission
To help unleash the human potential, by inspiring individuals to learn amazing new skills.
Role
Who you are
- Experience implementing and operationalizing revenue systems and reporting
- Strong ASC 606 accounting background and experience
- Highly analytical mind-set with a strong attention to detail
- Desire to continually improve existing processes providing improved visibility to the business
- Passionate curiosity about the business
What the job involves
- The Director of Revenue is a vital leadership role at MasterClass collaborating with key teams such as Accounting, Strategic Finance, Data, Sales and Engineering
- The role will provide strategic technical revenue guidance for the existing B2C and B2B business as well as helping to provide expertise when new products are launched
- The Director of Revenue will also drive process improvements through the utilization of system enhancements
- This role will also be responsible for maintaining and improving the internal control environment of the revenue process
- This role reports to the VP, Controller
- Responsible for the resources and timelines related to the month and quarter end revenue process, ensuring that the revenue related data is accurate and provided timely for the financial close process
- Provide guidance and conduct research related to revenue recognition items under ASC 606
- Drive process improvements and automation initiatives to enhance accuracy and efficiency
- Work cross functionally across MasterClass to support the implementation of new revenue products from an operational and technical perspective
- Support the Company’s annual financial external audit by providing accurate revenue support and educating the Company’s auditors on the Company’s revenue process and stance on technical revenue items
- Utilize and help maintain the Company’s tool for revenue recognition related to B2C and B2B revenue
Our take
MasterClass is a streaming platform that offers its members the chance to learn skills and theory directly from the best in the business, all with celebrity status. For example, learning to cook with Gordon Ramsay, mastering tennis techniques with Serena Williams, and perfecting songwriting with Alicia Keys.
The streaming platform provides more than 100 classes across nine categories including sport, wellness, music, food, and business. Each class is made up of around 20 short video lessons, accompanied by a workbook and a members’ community.
With a $2.5 billion valuation and no shortage of funding, MasterClass is seen as a leader in the edtech market and differentiates itself from fierce competitors Udacity and Udemy by blurring the line between education and entertainment.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
May 2021
$225m
SERIES F
May 2020
$100m
SERIES E
Total funding: $461.4m
Company benefits
- Health & Wellness: Premium medical, dental, and vision insurance plans for you and your family. OneMedical and Peloton subscriptions. Access to Modern Health and Included Health for additional well-being and expert medical care
- Paid Time Off: Take the time you need when you need it. Company-wide winter and summer recharge breaks and half-day Fridays
- Equity: In addition to a competitive base salary, our equity plans allow employees to share in the success of the company
- Unique Perks: Quarterly flex dollars for whatever you need, cell phone and internet stipends, lunch on Tuesdays for those in-office, and the occasional instructor drop in
- Family Planning: Competitive parental leave programs for both birthing and non-birthing parents. Leave administration with Cocoon. Fertility support through Carrot
- Learning & Development: We are a learning company after all! Full access to MasterClass courses and the opportunity to gift memberships to loved ones. Personal development dollars are provided every 6 months for things like career coaching or books
- Charitable Giveback: Company charity matching and paid days off to volunteer in your community
Company HQ
SoMa, San Francisco, CA
Leadership
David Rogier
(Founder & CEO)Having studied at Washington University, they worked in Strategy and Operations at Tesco for 3 years before taking an MBA at Stanford. They used this experience to found MasterClass.
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