Director of Revenue Accounting Operations, Confluent
$230.4-276.5k
+ Equity
Data streaming platform
Be an early applicant
Data streaming platform
1001+ employees
Be an early applicant
$230.4-276.5k
+ Equity
1001+ employees
Company mission
Founded by the team that built Apache Kafka, their mission is to make managing Kafka easy.
Role
Who you are
- The ideal candidate is an experienced CPA with at least 12 years of progressively responsible experience at a Big 4 public accounting firm and a publicly traded, high-tech organization with a minimum of 7 years in revenue specific roles
- You should have experience from a global, growing software company that has on-premise software revenue and SaaS
- BA/BS degree in Accounting, Finance or related field
- CPA certification or equivalent practical experience
- 12 years of progressively responsible experience at either a Big 4 public accounting firm or a global, publicly traded high-tech organization with a minimum of 7 years in a revenue role
- Experience in a leadership role in revenue accounting operations at a publicly-traded company
- Strong knowledge of US GAAP, primarily revenue recognition (ASC 606) as it applies to on-premise software revenue and SaaSExperience with revenue system or ERP implementations or significant enhancement projects
- Attention to detail and experience multitasking and prioritizing to deliver impact in a fast-paced environment
- Strong analytical and problem resolution skills, including the ability to research accounting literature and simplify complex situations
- Excellent interpersonal skills (oral and written) and the ability to communicate effectively with all levels at the company
- Strong Excel skills
- Experience using Netsuite, Netsuite ARM, and/or other revenue accounting systems
- Usage-based SaaS contract experience a strong plus
What the job involves
- The Director, Revenue Accounting Operations plays a key leadership role in Confluent’s revenue recognition and order to cash process
- You will lead the Revenue Accounting Operations team and will partner with Sales Ops, FP&A, Technical Revenue, Accounts Receivable, as well as many other cross-functional business partners
- In this role, you will ensure the timeliness and accuracy of our revenue recognition in compliance with ASC 606, ASC 340, our internal accounting policies, and SEC reporting deadlines
- You will achieve this by developing and mentoring both the US Corporate revenue operations team and the Shared Services team in India
- You will champion our SOX controls and drive scalable process improvements
- You will also be involved in the operationalization of new revenue products and policies
- Own and lead the global revenue close and reporting process, including the review of key controls, reconciliations, and other various forecast and reporting deliverables
- Propose and lead through to completion significant process improvements, including automations and system implementations
- Play a critical role, in collaboration with FP&A and other teams, in the Company’s quarterly revenue forecasting process
- Develop and train a growing Revenue Accounting Operations Team, across both US and India teams. Execute on a clear roadmap of workload allocation between global teams, maximizing efficiency and decreasing risk
- Review and provide thought leadership on revenue accounting policies and processes to maximize revenue results and team productivity
- Manage clean execution of internal controls and continue a focus on improving SOX coverage
- Act as a subject matter expert in accounting for usage-based SaaS contracts, on-premise term licenses, related professional services and education
- Partner with the Accounts Receivable team, obtain a deep understanding of billing processes and associated revenue recognition impacts downstream
Our take
Confluent is a commercial company built on top of the open-source Apache Kafka project. Confluent and Kafka have developed a streaming data technology that processes massive amounts of information in real-time.
The streaming database technology was developed at LinkedIn as a way of moving massive amounts of messages. The company decided to open-source that tech in 2011, and Confluent launched as the commercial arm in 2014.
While the base open-source component remains available for free download, it doesn’t include the additional tooling the company has built to make it easier for enterprises to use Kafka. Confluent's value add is in those additional tools, including a cloud version of the product and a marketplace for sharing extensions to the platform.
Confluent expanded strategic partnerships with Microsoft and acquired Immerok, and in 2023 expanded its cloud platform. 2024 saw further product expansions with the launch of the Confluent Migration Accelerator, all exemplifying how the company is living up to its name by rocket-boosting the benefits of Apache Kafka integration for companies.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Apr 2020
$250m
SERIES E
Jan 2019
$125m
SERIES D
Total funding: $455.9m
Company HQ
Mountain View, California
Leadership
Jay Kreps
(Co-Founder & CEO)Previously a Principal Engineer at LinkedIn.
Neha Narkhede
(Co-Founder & Board Member)Previously a Lead Engineer at LinkedIn and Oracle. They are an Investor/advisor for Gem, Block Party, Material Security, Abacus AI, Cortex Data, Yugabyte, Metaphor Data, Natalist, Common Room, and more.
Jun Rao
(Co-Founder)Previously a Senior Engineer at LinkedIn. Has a PhD in Computer Science from Columbia University.
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