Director of Revenue Accounting, Vanta
$206-242k
This role may also be eligible for commissions/bonus and/or equity
Automated compliance and security provider
Job no longer available
Automated compliance and security provider
501-1000 employees
Job no longer available
$206-242k
This role may also be eligible for commissions/bonus and/or equity
501-1000 employees
Company mission
To secure the internet and protect consumer data.
Role
Who you are
- Bachelor’s degree in Accounting with a CPA
- 10+ years of experience with at least 3-5 years in a leadership or management role
- Ability to lead, mentor, and develop a high-performing accounting team
- In-depth knowledge of GAAP and ASC 606
- Strong analytical skills with a high level of attention to detail and accuracy
- Excellent problem-solving skills and the ability to adapt in a fast-paced, dynamic environment
- Experience with financial software systems (Netsuite) and advanced proficiency in Excel
What the job involves
- As the Director of Revenue Accounting, you will play a critical role in managing Order-to-Cash from billing, collections, and revenue recognition by implementing best practices and ensuring compliance with ASC 606
- Oversee and ensure compliance with GAAP, ASC 606, and other relevant standards in all revenue accounting activities
- Evaluate, interpret, and document complex customer contracts to determine appropriate revenue recognition treatments
- Develop, implement, and maintain revenue accounting policies, processes, and controls
- Lead month-end and quarter-end close activities related to revenue, billing, and collections including reconciliations, journal entries, and variance analysis
- Ensure timely and accurate preparation of revenue-related reports, including deferred revenue, unbilled receivables, accounts receivable and other key revenue accounts
- Build, mentor, and lead a high-performing revenue accounting, billing and collections team, providing guidance on complex revenue accounting issues and ensuring a collaborative, growth-oriented environment
- Develop and maintain training programs to support the team’s understanding and execution of policies and controls
- Drive process improvements to optimize revenue accounting and billing workflows, enhance accuracy, and improve close cycle efficiency
- Ensure accurate system configurations of revenue accounting modules within the company’s ERP system
- Collaborate with Sales, Legal, and Go-To-Market Operations teams to integrate revenue recognition considerations into contract structuring and billing practices
- Serve as the primary point of contact for revenue accounting in external and internal audits, providing schedules, documentation, and addressing inquiries
- Develop and maintain internal controls over revenue recognition and billing activities
Our take
The security auditing process is usually very time-consuming, taking hours to complete, and it is often difficult for start-ups to invest time into such a process. Yet, the benefits of security accreditation are enormous, mainly as many such businesses are working globally and need ways to demonstrate security compliance to one another. Vanta works specifically with start-ups to help them complete and pass security audits such as SOC 2 and ISO 27001.
The company is a compliance portal and security monitoring platform that businesses use to assess their risk levels. Vanta carries out a pre-audit of a company's digital security and highlights areas that need to be worked on before a full analysis of all threats is carried out. Other businesses such as Datadog or PagerDuty offer similar security monitoring services, but Vanta monitors its customers throughout the year, allowing any issues to be identified and addressed early on.
Vanta has found a valuable cybersecurity niche within the giant SaaS market. Companies such as Lattice, Clubhouse, and Calm are all customers, demonstrating a growing trend for companies to manage their cybersecurity proactively, which Vanta should be able to take advantage of to further grow and develop into the future.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Jul 2024
$150m
SERIES C
Sep 2022
$40m
SERIES B
Total funding: $353m
Company benefits
- Health & Wellness: Vanta values the health and well-being of our teammates and offers comprehensive medical, dental, and vision coverage for teammates and dependents. Vanta is excited to provide an additional range of benefits that holistically support your physical, emotional, and financial wellbeing
- Work Your Way: Enjoy a remote-first setup if you're in the US, or go hybrid at our international offices
- Paid Parental Leave: Industry competitive paid parental leave for all parents
- Time Away: Industry competitive and generous PTO policy
- 401K Plan: 401k matching contribution plan
Company HQ
Civic Center, San Francisco, CA
Leadership
Christina Cacioppo
(CEO)Worked in Investment at Union Square Ventures, before becoming a Professor at the School of Visual Arts. Co-founded Nebula Labs, and worked in Product Management at Dropbox.
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