Revenue Accounting Manager, Fetch
$140-160k
+ Equity
Mobile shopping and rewards platform
Job no longer available
Mobile shopping and rewards platform
501-1000 employees
Job no longer available
$140-160k
+ Equity
501-1000 employees
Company mission
To help reimagine what shopping looks like.
Role
Who you are
- 8+ years of progressive accounting experience
- 5+ years of operational accounting experience within a high-growth environment, preferably in pre-IPO companies
- 4+ years of leadership experience
- A background in Big 4 audit and startup environments
- Strong understanding of revenue recognition principles, exceptional analytical skills, ability to handle large volumes of data, and the ability to work effectively in a fast-paced, dynamic environment with strong teamwork skills
- Experience with the Order-to-Cash (O2C) process
- CPA certification and in-depth understanding of ASC 606 revenue recognition standards
- Experience with NetSuite, including the Advanced Revenue Management (ARM) module, and Salesforce, with a strong understanding of how these systems integrate with revenue recognition processes
- Demonstrated ability to excel in dynamic environments, adeptly managing multiple tasks, priorities, and deadlines
- A self-starter with a history of identifying and implementing process improvements to enhance accuracy and timeliness of close
- Strong collaboration skills to work effectively with Finance Data, Billing Operations, Deal Desk, and Product teams, to maintain revenue recognition systems to ensure GAAP and SOX compliance
- Solid business acumen and the ability to analyze information from internal and cross-functional teams to assess the need for and execution of manual and/or systematic accounting entries
- Advanced analytical and Data skills, has experience working with large volumes of accounting data, and can investigate revenue discrepancies and drive systemic improvements
- Quick to adapt to new systems and processes, contributing to the continuous improvement and development of a world-class Accounting organization
- Strong written and verbal communication skills
What the job involves
- The next step in evolving our shopper journey will be hiring an experienced, detail-oriented Revenue Accounting Manager for our growing Accounting team
- In this role, you will have the opportunity to partner cross-functionally across FinOps, FP&A, GTM, Sales, and Data teams
- You will lead our team of Sr. Revenue Accountants, while owning the revenue month-end close process
- You will be the go-to person for technical revenue accounting matters, ensuring revenue recognition in compliance with ASC 606, fostering strong relationships and advising business partners across the organization, and helping to grow and develop the revenue accounting function at Fetch
- Analyze and interpret complex contracts to determine appropriate revenue recognition treatment in accordance with ASC 606
- Oversee the daily operational revenue transactions and processes and monthly financial statements for internal review
- Assist in the preparation of monthly, quarterly, and annual financial reports and key KPI analysis
- Develop, maintain, and document internal controls and develop new controls as the Company continues to expand and evolve
- Develop analyses and reporting surrounding Fetch’s rewards points
- Partner with Sales, Legal, and GTM teams to proactively review new contract negotiations and determine revenue recognition impact
- Prepare journal entries and account reconciliations for all revenue-based accounts
- Participate in interactions with external auditors related to revenue-based accounts
- Assist in researching and documenting various accounting topics
- Perform hands-on monthly processes per accounting’s close schedule
- Collaborate with FP&A on budget vs. actuals to ensure accurate revenue forecasting and reporting, providing insights and recommendations based on revenue trends
- Manage commission accruals and calculations, ensuring accuracy and compliance with company policies and accounting standards
- Participate in special projects and initiatives as needed, including system upgrades and process improvements
Our take
Leading mobile shopping and loyalty platform Fetch has seen explosive success in recent years. Its concept is simple: users receive spendable points in exchange for scans of their shopping receipts.
The app has tens of millions of daily active users with even more downloads, and has seen impressive growth, having now reached 'unicorn' status twice over. This should come as no surprise. Brand reinforcement is crucial to customer retention and acquisition - but it is harder than ever, with the fragmentation of choice on the market and the declining efficacy of marketing. So material loyalty benefits are likely to prove a crucial tool in creating and leveraging a strong customer base.
Whilst Fetch faces competition from similar receipt-scan rewards platforms like ReceiptPal and Ibotta, it grew into a profitable company in late 2023. It is using its most recent Morgan Stanley-backed funding to aggressively add brand partners at a competitive pace and onboarding staff at a level that promises strong continued growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Apr 2022
$120m
SERIES E
Mar 2021
$210m
SERIES D
Total funding: $456.6m
Company benefits
- Stock Options: Fetch wants you to be on the rocketship with us! Options will give you the opportunity to share the excitement of the company growth and have your own stake in its success
- 401k Match: We match 100% of the first 3% of your 401K contribution
- Benefits for humans and pets: We offer comprehensive PPO and HDHP plans (Dental | Vision | Life Insurance) in addition to pet insurance, fully covered for the first pet. Our bereavement leave also includes our furry friends
- Continuing Education: Fetch provides up to $10,000 per year in education reimbursement support for any job-related courses/programs/certifications. You will also have access to Udemy, an online course provider with thousands of topics to discover
- Employee Resource Groups: Take part in employee-led groups that are centered around fostering a diverse and inclusive workplace through events, dialogue and advocacy. Current groups include Amplify BiPoC, Amplify Women, Amplify LBGTQ+, Amplify Family, and Amplify Veterans
- Paid Time Off: On top of our flexible PTO, Fetch observes 9 paid holidays, including Juneteenth and Indigenous People’s Day, as well as our End-of-Year break
- Robust Leave Policies: Whether it’s for you or a loved one, Fetch offers generous leave time for various health and personal needs that take you away from work. Our parental leave policy provides 18 weeks of paid time off for primary caregivers, 12 weeks for secondary caregivers, and the option to create a flexible return to work schedule in the last few weeks of leave
- Wellness Program: Utilize these tools and resources to bring your best self to work each day
- Wellness coach on staff to help you create goals, provide accountability and support you on your wellness journey
- Nutrition counseling through Charge Nutrition
- Gympass membership to access in-person gyms, virtual workout classes, meditation apps, and much more
- Employee Assistance Program (EAP) provides no cost, confidential resources and services to help navigate life's many changes and challenges
- Hybrid Work Environment: Collaborate with your team in one of our stunning offices in Madison, Birmingham or Chicago 1 - 2 times per week. We’ll ensure you are equally equipped with the hardware and software you need to get your job done in the comfort of your home
- Social Impact Efforts: Take part in volunteer events or donate to your favorite organizations through BrightFunds
Company HQ
Madison, WI
Leadership
Wes Schroll
(CEO)Founded Fetch while in undergrad at UW-Madison and grew the company into the nation's No. 1 rewards app, connecting millions of consumers with their favorite brands.
Tyler Kennedy
(VP of Operations)Studied Business Administration at the University of Wisconsin-Madison. Founded his first company, a yacht detailing company, when they were only fourteen.
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