Accounting Manager, Anrok
+ Equity
3 days a week in office
Sales tax solution for SaaS businesses
Job no longer available
Sales tax solution for SaaS businesses
21-100 employees
Job no longer available
+ Equity
3 days a week in office
21-100 employees
Company mission
To be the compliance platform powering the digital economy.
Role
Who you are
- Experience: 4-7+ years of accounting experience, ideally in a SaaS or tech environment
- Usage-Based Revenue Model Expertise: Experience with usage-based revenue models is a must-have, as accurate revenue recognition based on customer usage is critical to our business
- Technical Skills: Strong proficiency in Excel, with the ability to analyze large datasets. Familiarity with billing systems and automation tools is a plus
- GAAP Knowledge: Solid understanding of GAAP and experience with revenue recognition practices, including ASC 606
- Independent Problem-Solver: Self-motivated and detail-oriented, capable of managing complex projects independently, with external support
- Communication: Excellent verbal and written communication skills. Ability to translate financial data into actionable insights for cross-functional teams
- Startup Mindset: Comfortable working in a lean, remote environment and building processes from the ground up
What the job involves
- This is an individual contributor role, with support from external accounting contractors, and will be instrumental in managing our transition to accrual accounting, improving financial reporting, and establishing scalable financial controls
- Lead the transition from cash to accrual accounting: Oversee and execute this transition, working closely with external accounting contractors to ensure accurate revenue and expense recognition
- Prepare and review financial statements: Deliver accurate monthly financial reports, including balance sheets, P&L statements, and cash flow statements
- Support daily financial and accounting operations: Manage billing approvals, reimbursements, payables, payroll, and other key accounting processes to ensure smooth daily operations
- Improve revenue recognition processes: Collaborate with finance and engineering teams to enhance billing statements, ensure proper revenue categorization, and streamline data for improved financial insights
- Establish financial controls and processes: Implement best practices for internal controls, automating workflows, and integrating tools (e.g., Bill.com, Brex)
- Cross-functional collaboration: Work with teams across the company to ensure financial accuracy and support decision-making
Our take
Software is becoming an increasingly taxable enterprise, in increasingly nuanced and jurisdiction-specific ways thanks to new rulings in the late 2010s. SaaS companies need to keep track of both their physical and economic nexuses, leaving many companies scrambling to stay compliant. Anrok has developed a simple API-based solution to help companies get there.
Anrok's no-code, out-of-the-box tool helps businesses easily calculate sales tax monitoring, calculation, and remittance wherever their product is used, and easily identify new exposures. It’s a simple solution to a complex problem, and the result for Anrok has been impressive funding and strong growth in the short few years it’s been in operation.
This will in part be thanks to the company’s astute pricing model: much like SaaS businesses themselves, it’s based on demand. This makes it scaleable enough to encompass both smaller and enterprise SaaS clients. This, in turn, means Anrok’s addressable market within the SaaS sector is substantial. And that’s a sector that in itself is continuing to see remarkable growth. All this makes it a promising, and as of yet fairly unchallenged, position that Anrok is carving out.
Freddie
Company Specialist at Welcome to the Jungle
Company
Funding (1 round)
Aug 2022
$2m
SEED
Total funding: $2m
Company benefits
- Company-wide holidays and paid time off
- 100% paid medical, dental, and vision
- Generous parental leave
- Bi=annual company-wide offsite or onsites
- One Medical membership
- Learning and development stipend
Company HQ
Bernal Heights, San Francisco, CA
Leadership
Michelle Valentine
(CEO)A Stanford grad, who worked in Investment Banking at Goldman Sachs, and then on Product at Airtable. Has also worked as an Investor at Index Ventures, and independently as an Angel with M Valentine LLC.
Kannan Goundan
(CTO)Has extensive experience as a Programmer at ViaSat, Fortify Software, Dropbox, and Airtable.
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