Revenue Accountant, Tekion
More information about location
Office located in Pleasanton, CA
End-to-end cloud native automotive platform
Be an early applicant
End-to-end cloud native automotive platform
1001+ employees
Be an early applicant
More information about location
Office located in Pleasanton, CA
1001+ employees
Company mission
To build the world's best business applications in the cloud.
Role
Who you are
- This role requires strong problem-solving skills, a collaborative mindset, and a passion for process optimization and accuracy
- Bachelor’s degree in Accounting, Finance, or related field (CPA or progress toward CPA preferred)
- 2–4 years of experience in revenue accounting, general ledger accounting, or related role (public accounting and/or SaaS/software industry experience is a plus)
- Knowledge of US GAAP and revenue recognition standards (ASC 606 experience required)
- Strong analytical skills, attention to detail, and a high degree of accuracy
- Proficiency with Microsoft Excel and experience with ERP systems (NetSuite, SAP, Oracle, or similar preferred)
- Excellent communication and interpersonal skills, with the ability to work cross-functionally
- Strong organizational and time management skills; able to handle multiple priorities in a deadline-driven environment
What the job involves
- The Revenue Accountant will play a key role in ensuring accurate and timely recognition of revenue in compliance with ASC 606, supporting the monthly close process, and contributing to process improvements.
- Review and analyze customer contracts to ensure proper revenue recognition under US GAAP (ASC 606)
- Prepare monthly, quarterly, and annual revenue journal entries and account reconciliations
- Work closely with the billing, sales operations, and legal teams to ensure contracts are reviewed and recorded accurately
- Process and analyze billing transactions and deferred revenue schedules
- Support month-end and quarter-end close activities including revenue reporting and variance analysis
- Assist with external audits by preparing supporting documentation and responding to auditor inquiries
- Identify, recommend, and implement improvements to revenue accounting policies, procedures, and systems
- Participate in cross-functional projects related to new product launches, process improvements, or system implementations
- Ensure compliance with SOX controls and internal policies
- Maintain accurate and up-to-date documentation of revenue accounting processes
Our take
Car dealerships suffer from an inefficiency problem. The paperwork and administration required to complete a sale requires dealers to manage a disjointed set of various software applications. Tekion is offering an enticing remedy - a cloud-based automotive retail system that integrates the various software applications in a single infrastructure.
Competition has been strong, with rivals CDK Global and Reynolds & Reynolds offering a competitive raft of features, and benefiting from strong prior relationships with dealerships. Tekion, however, has nevertheless secured customers for the software in 28 states - likely in part due to the efficiency of partnering with a single growing service as opposed to a disparate spread.
This momentum shows no signs of slowing either, as Tekion has attracted attention from major players like CMC, Chrysler, and Chevrolet. By streamlining dealership operations into a single platform, the company is proving that even in a crowded market, innovation and simplicity can win over both dealers and industry partners.
Freddie
Company Specialist at Welcome to the Jungle
Insights
25% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jul 2024
$200m
GROWTH EQUITY VC
Oct 2021
$250m
SERIES D
Total funding: $635.1m
Company benefits
- Silicon Valley Startup Environment
- Stock Options
- Focus on Work/Life Balance
- Recognition Culture
- Health and Wellness
- Unparalleled Career Development
Company HQ
Pleasanton, CA
Leadership
Jay Vijayan
(Co-Founder & CEO)They started their career at Oracle, where they spent over 7 years in Management before spending 4 at VMware. They then worked at Tesla for 4 years, leaving their position as CIO to found Tekion in February 2016.
Guru Sankararaman
(Co-Founder & COO)After working as a Chief Architect at Cisco, they joined Tesla for 4 years. Initially they served as Director of Information Technology and then later became VP of Information Technology. Left this role to co-found Tekion in 2016.
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