Senior Technical Accountant, Menlo Security
$87-153k
Cloud-based security platform
Be an early applicant
Cloud-based security platform
201-500 employees
Be an early applicant
$87-153k
201-500 employees
Company mission
To help businesses and organizations achieve full online productivity to achieve their goals by pre-emptively eliminating cyber attacks.
Role
Who you are
- To be successful, the candidate must have the ability to adapt quickly and operate effectively in a rapidly growing environment
- Bachelor’s degree in accounting, active CPA license a plus
- The candidate should have a strong accounting foundation, including 2+ years of public accounting
- 5+ years of relevant accounting experience, some Big 4 experience strongly preferred
- Must have software/SaaS experience, particularly around SaaS rev rec under ASC606
- Experience working with NetSuite, Salesforce, Carta, Microsoft Office/Google Suite
- Excellent communication, analytical and problem-solving skills
- Ability to productively work in a fast-paced environment independently, or within a team
- Bay Area preferred, coming in 1 to 2 days per week in Mountain View
What the job involves
- The Senior Technical Accountant will be responsible for various accounting matters including revenue, internal-use software, stock-based compensation, and other technical accounting areas as needs arise
- Additionally, this role will be responsible for drafting the Company’s financial statements and will have a large role in supporting the financial statement audit process
- To succeed in this role, the candidate should have a strong accounting foundation, including 2+ years of public accounting
- The candidate should have strong knowledge of U.S. GAAP, especially ASC606, and should be comfortable working directly with the GTM organization to review potential revenue recognition issues within customer contracts
- We expect the candidate to have strong analytical and communication skills, and to be able to work independently as well as cooperatively within the team and cross-functionally
- This role will report to the Director of Accounting, however there will be numerous tasks where they will directly assist the VP/Controller (as a “dotted line” report)
- Ensure revenue recognition is in accordance with company policy and U.S. GAAP ASC606
- Review revenue allocations and set up revenue recognition plans based on customer
- Contracts and company revenue policy
- Perform revenue analysis and prepare revenue recognition journal entries
- Reconcile revenue, deferred revenue, and various other GL accounts on monthly basis
- Stock-based compensation calculations and stock administration (Carta preferred)
- Accounting for internal-use software capitalization/amortization
- Preparation of technical accounting policies and technical accounting memos as needed
- Prepare reports and analysis to support audit, tax return and various compliance
- Requirements
- Participate in the monthly, quarterly, and year-end close process, which includes preparation and review of journal entries, balance sheet, and income statement reconciliations and analysis
- Assist with the balance sheet and income statement flux analysis
- Continually review accounting processes for improvements and participate in various system and reporting enhancement projects
Our take
Menlo Security takes a “zero trust” approach to computer threats by isolating all of a business’s web browsing and putting it on a remote server. Instead of depending upon software to scan and search for threats, it prevents attacks from ever reaching the system. Browsing activity no longer takes place on the end user’s device, instead, it all happens on a remote cloud service which is operated by the company. This service is the largest secure web gateway in the world.
Menlo Security has focused on protecting businesses from web and email attacks, and its model means that it can be integrated with most popular browsers. A particularly appealing aspect of its service is that it doesn’t require businesses to install new software or change their approach, drastically reducing friction for users and making onboarding a far simpler experience.
Currently used by 8 out of 10 of the world's largest banks and capable of completely stopping up to 90% of threats, Menlo Security is in a strong position. It is still continuing to develop its services, however, most recently building out a range of AI-powered tools to detect and prevent phishing and ransomware attacks. Moves like this seem likely to help keep Menlo Security at the forefront of its sector.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-3% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Nov 2020
$100m
SERIES E
Jul 2019
$75m
SERIES D
Total funding: $260.5m
Company HQ
Old Mountain View, Mountain View, CA
Leadership
Amir Ben-Efraim
(Co-Founder & CEO)Having studied at UCB, Stanford, and UCLA, they worked in Business Development at Check Point Software before founding Blue Wireless in 1999. They continued to work in Security Software, before co-founding Menlo Security in 2013.
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