Director of Revenue Accounting, Blend
$177-208k
+ Equity. Salary given is for New York and San Francisco applicants and may vary by location.
Digital lending platform
Open for applications
Digital lending platform
501-1000 employees
Open for applications
$177-208k
+ Equity. Salary given is for New York and San Francisco applicants and may vary by location.
501-1000 employees
Company mission
To provide better lending for everyone, streamlining the end-to-end customer journey for banking products.
Role
Who you are
- The ideal candidate brings a deep understanding of complex SaaS revenue models, a strong technical accounting background specifically with ASC 606, a passion for automation and process optimization, and experience leading high-performance teams
- Bachelor’s degree in Accounting or Finance; CPA required
- 12+ years of progressive experience in revenue accounting and billing/collections, including 5+ years in a leadership role
- Deep expertise in ASC 606, including experience reviewing complex SaaS and subscription-based contracts
- Proven experience leading order-to-cash processes and managing billing and AR operations
- Experience in a public company environment, including SOX compliance and external audit
- Strong systems knowledge (e.g., NetSuite, Salesforce, CPQ, Zuora, or similar platforms)
- Excellent analytical and problem-solving skills with the ability to drive actionable insights
- Exceptional communication and interpersonal skills to collaborate with internal and external stakeholders and influence outcomes
What the job involves
- Blend is seeking an experienced Director of Revenue Accounting to lead and scale the revenue recognition and billing and collections functions
- This leader will be responsible for overseeing the end-to-end quote-to-cash process, managing a growing team, leading audit support, and partnering cross-functionally to ensure streamlined contract processing and billing workflows
- Lead the Company’s revenue accounting function, ensuring compliance with ASC 606
- Lead technical accounting assessments of customer contracts, with the focus on non-standard terms, contract modifications, and multi-element arrangements
- Guide monthly and quarterly revenue close processes, overseeing revenue recognition entries, flux analysis, internal reporting, and external revenue-related disclosures
- Maintain and evolve the Company’s revenue recognition policies and documentation
- Partner with Product and Engineering to assess impacts of new offerings on revenue recognition and operational processes
- Oversee the billings and collections function, ensuring accurate, timely, and complete invoicing and cash application
- Drive DSO improvement through proactive collections efforts and partner cross-functionally to resolve disputes
- Lead process transformation initiatives to automate and streamline billing and collection workflows
- Ensure SOX 404(b) compliant controls are documented and operating effectively across all quote-to-cash processes
- Serve as the primary contact for internal and external audits related to revenue and receivables, including providing audit deliverables and technical documentation
- Lead, coach, and mentor a team of revenue and billing professionals with a focus on professional growth and high performance
- Collaborate with Deal Desk, Legal, Sales Ops, and FP&A to enable timely, compliant, and scalable contracting and revenue processes
- Participate in system implementations and enhancements (e.g., ERP, CPQ, billing systems) to support process optimization and automation
Our take
Nowadays, the vast majority of housing deals are done online. This is possible because of companies like Blend, a digital banking platform out to simplify the mortgage process.
Blend is used by major banks and financial institutions to offer mortgages and consumer loans. It has proved popular thus far, although its success continues to be tied to interest rates and the housing market, which means a few bumps in the road are inevitable.
That being said, in 2023 the company set out a "path to profitability" that takes this into account. This should make for strong, and more importantly sustainable, growth in the future
Freddie
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2021
$300m
SERIES G
Aug 2020
$75m
SERIES F
Total funding: $665m
Company benefits
- Comprehensive health benefits
- Wellness program that covers a variety of activities, gym memberships, and more
- Partnerships to support all of life’s milestones: Origin Financial Wellness, Compsych Employee Assistance Program, RocketLawyer Legal Plan, and more
- Various leave programs including 16 weeks of paid parental leave with no tenure requirement
- Thoughtful, regular performance reviews
- Support for workshops and lectures to develop your craft
- Meaningful equity and 401(k) plan
- “Employee-first” environment, where most employees can work wherever they choose
- Flexible work schedule
- Open vacation policy
Company HQ
Chinatown, San Francisco, CA
Leadership
Nima Ghamsari
(Founder & Head)They studied Computer Science at Harvard before working for 4 years in Business Development and Engineering at Palantir Technologies.
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