Director of Revenue Accounting, Yext
$142.7-237.5k
+ May also be eligible for equity (stock) based compensation and/or variable pay programs based on performance relative to goals and targets
Digital media technology services
Open for applications
Digital media technology services
1001+ employees
Open for applications
$142.7-237.5k
+ May also be eligible for equity (stock) based compensation and/or variable pay programs based on performance relative to goals and targets
1001+ employees
Company mission
To transform the enterprise with AI search.
Role
Who you are
- The successful candidate must be a proven team leader and demonstrate knowledge of revenue and accounting concepts with strong attention to detail
- BA/BS degree in Accounting or related field
- CPA or equivalent professional designation
- 10+ years of total experience with 5 or more years of Big-4 public accounting firm experience combined with relevant industry experience, preferably in the SaaS or software industry space
- Strong knowledge of ASC 606, Revenue Recognition, including associated issues and technical interpretations
- Exceptional people management skills, with a strong interest in team development, preferably with prior international team management experience
- Ability to work effectively with all levels of an organization and manage relationships with external parties, including strong communication skills, and the ability to discuss financial statement implications with a non-technical audience
- Strong, detail oriented analytical skills with the ability to recognize problems, gather data, draw valid conclusions and make effective, business oriented recommendations
- Ability to manage competing priorities and deadlines, with a collaborative, solutions oriented approach
- Interest in building and refining processes in a scaling business environment, with a strong interest in continuous improvement
- Strong sense of ownership with a proactive, self-starter mindset
- Experience with Netsuite, SFDC, Zuora or other relevant systems is a plus
What the job involves
- Reporting to the Senior Director of Accounting, the Director, Revenue Accounting will oversee the Revenue, Billing, and Collections teams and will work closely with the Revenue Systems, General Ledger, Deal Desk, Legal, and FP&A teams
- This role is responsible for overseeing the billings, collections, commissions accounting, contract review, and revenue accounting processes and will have primary responsibility for the monthly close, key metrics, and management reporting processes for these areas
- Other responsibilities will include M&A activities, including overseeing revenue due diligence and integration along with process and workflow improvements
- This role will oversee a global team of 11, with members located in the United States, Hungary, India, and the Philippines
- Direct and manage the month-end close process for revenue, accounts receivable, allowances, deferred revenue and commissions, including reviewing journal entries, reconciliations and other analyses, in order to ensure an accurate and timely revenue close
- Own the company’s revenue recognition and commissions accounting policies including reviewing any changes with the Company’s external auditors, and ensuring compliance on a day to day basis
- Manage the day to day activities of the Revenue and Billing and Collections teams and ensure efficient operation in compliance with the company's internal controls
- Work closely with Deal Desk and customer facing commercial teams to ensure alignment on process and controls and to develop technical revenue recognition policies for new products and changes in commercial strategy
- Own internal controls for revenue transactions and reporting and partner with Internal Audit to develop and maintain a strong, high-quality internal controls environment
- Partner closely with Revenue Systems and Business Systems teams to identify and implement changes in processes to increase automation and improve productivity and accuracy
- Lead external audit regarding annual audit requirements for revenue, accounts receivable, allowances, deferred revenue and commissions
- Work closely with SEC Reporting team and Investor Relations to review financial statement footnotes, earnings, and disclosures related to ARR, revenue, and accounts receivable
- Support ongoing M&A activity, including overseeing revenue due diligence, opening balance sheet, and post acquisition integration activities
- Conduct ad hoc analysis and reviews based on inquiries from senior management
- Support strategic company projects/initiatives and apply critical thinking skills to provide solutions that drive company performance
- Coach, mentor and develop a high performing global team
- This role will require domestic and international travel
Our take
Yext seeks to bridge the gap between the online and physical worlds for clients, including FedEx and Citibank, by providing a means of updating company information like store hours, across a multitude of secondary sites.
Yext's view is that the way people use the internet is moving more and more towards people wanting to get answers to questions with as little friction as possible. The company is building a suite of technological solutions to help companies serve up answers to people's questions more easily.
Yext has remained focused on updates and advancements to progress its features, such as the 2023 launch of its conversational AI - Yext Chat - fueling the company's emphasis on building and managing its customer and employee search experiences.
Freddie
Company Specialist at Welcome to the Jungle
Insights
22% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Feb 2016
$0.5m
LATE VC
Jun 2014
$50.3m
SERIES F
Total funding: $118.3m
Company benefits
- Comprehensive Benefits Programme
- Work From Anywhere
- Stay Informed
- Invested in Your Wellbeing
- Go Beyond Work-Life Balance
- Upward Mobility
Company HQ
Chelsea, New York, NY
Leadership
Brian Distelburger
(Co-Founder)Has served the company in a variety of Executive roles, including President & COO and CRO. Former Director at Traffix and COO at Consumer Digital.
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