Senior Revenue Accountant, Cloudflare
+ Eligible to participate in Cloudflare’s equity plan
Web performance and security platform
Posted today
Web performance and security platform
1001+ employees
Posted today
+ Eligible to participate in Cloudflare’s equity plan
1001+ employees
Company mission
Cloudflare's mission is to help build a better Internet that is bold and ambitious.
Role
Who you are
- Bachelor’s degree in Accounting, or a related field, or advanced experience
- Active CPA
- 5 years of experience in accounting roles
- Strong understanding of revenue accounting rules under ASC 606
- Experience working with revenue related systems such as billing systems, ERP, and revenue recognition tool / subledger
- Revenue accounting for SaaS revenue recognition and understanding of multi-element arrangements
- Ability to work effectively with various departments, particularly Sales
- Ability to manage multiple priorities
- Flexibility to work under time constraints and deadlines
- Must be meticulous, detail oriented, and organized
- Strong interpersonal and communication skills
- Ability to work independently, yet cooperatively and constructively in a team environment
- Highly proficient in advanced MS Excel
What the job involves
- The Senior Revenue Accountant’s primary responsibility is helping to ensure the Company’s revenue recognition to be in compliance with US GAAP and Company policies. It is both advisory and operational in nature
- The advisory role helps business partners make informed business decisions while maintaining accounting compliance
- The operational role ensures accounting processes comply with policies and function in an effective and efficient manner while working with local partners to complete business transactions with customers
- Participates in accounting close activities, including:
- Partnering with other teams (legal, sales, etc.) to interpret, research, discuss, and / or process deal reviews
- Complete contract accounting of executed customer contracts
- Preparation / review of journal entries
- Preparation / review of reconciliations and related financial analysis for management and external reporting
- Participates in Company-wide initiatives and cross-functional projects that directly impact or relate to the revenue accounting area, particularly increasing the revenue analytical capabilities within Cloudflare
- Develop and streamline processes using system automation and tools to maximize efficiency and accuracy of revenue accounting systems and processes
- Takes a clean sheet of paper approach when revisiting operational processes and continually works to consolidate and streamline using automation and tools to maximize efficiency and accuracy
- Stay current on the latest financial accounting and reporting developments and U.S GAAP reporting requirements, as applicable
- Effectively interacts with peers and shares knowledge
- Mentors and supports junior members of the team and provides feedback
- Communicates any problems to senior management timely
- Present findings and solutions to the management team, while considering global impacts and subsequent guidance to influence other regions where appropriate to adopt a consistent process and policy
- Establish and track Key Performance Indicators (KPI’s)
- Prepares schedules in support of the external audit process
- Coordinates with the auditors on accounting issues and audit related queries
- Reviews and maintains controls as the business environment changes as a result of process, system and policy enhancements. Includes risk assessment and review of risk areas
Our take
Cloudflare is a multi-service global network that provides web security and infrastructure, DDoS mitigation services, and a content delivery network. Founded in 2009, Cloudflare has risen to become an industry giant, with around 25 million global internet properties on its network.
Cloudflare has been responsible for a number of admirable initiatives, offering free web protection to human rights groups, journalists, artists, and US election websites. This goes some way to counteracting the flak Cloudflare has received in some circles for the controversial groups and users who use its services. This chequered history, however, has not affected its over 80% market share in the content delivery network field.
This is perhaps in part because it has proven sharp at staying abreast of the rapidly morphing tech and digital space and customer demands. For example, Cloudflare is shifting to 100% renewable energy usage to create a zero-emissions internet, and in 2020 released a feature that would help users navigate data privacy regulations by selecting where their data is stored.
The cloud infrastructure market reached $53 billion in 2022. While the Big 3 (Amazon, Microsoft, and Google) own 65% of the market, that still leaves billions of dollars left for companies such as Cloudflare. Its ambitious and successful work is likely to continue being a crucial feature of the web, but in 2023, placed it in the crosshairs of hackers looking to exploit its infrastructure. The beginning of 2024 saw Cloudflare vow to bolster its security and patch vulnerabilities.
Steph
Company Specialist at Welcome to the Jungle
Insights
16% employee growth in 12 months
Company
Company benefits
- Minimum 8 weeks of paid parental leave
- Equal opportunity employer
- Unlimited paid time off policy
- Work from home opportunities
- Medical, Dental & Vision Insurance
- Life Insurance, Disability Insurance
- 401(k) plans
- Family planning and fertility program
- Gym discounts
- Commuter Benefits Program
Company HQ
China Basin, San Francisco, CA
Leadership
Lee Holloway
(Lead Engineer)Lee started their career as an Engineer at Homewarehouse for a year before working at Unspam Technologies for 4 years. They co-created Project Honey Pot in 2004 and Cloudflare in March 2009, serving as Lead Engineer of both to present.
Michelle Zatlyn
(President & COO)Having worked for Investor Economics and I Love Rewards for a combined 4 years, Michelle worked at Toshiba for 3 years as a Product Manager. She then co-founded Cloudflare in 2009 as COO, and has served as President since 2020. She is also a Board Member at Atlassian.
Matthew Prince
(CEO)Matthew studied for an MBA at Harvard Business School before co-founding Unspam Technologies in December 2001, and Cloudflare as CEO in March 2009.
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