Senior Revenue Accounting Manager, Wiz
$135-185.5k
Cloud security company
Open for applications
Cloud security company
501-1000 employees
Open for applications
$135-185.5k
501-1000 employees
Company mission
To help organizations create secure cloud environments that accelerate their businesses.
Role
Who you are
- CPA background
- 7+ years of relevant work experience in a global high-tech organization
- Experience and extensive knowledge of revenue recognition under US GAAP (ASC 606) - Must
- Experience in the SaaS industry - Must
- Experience with NetSuite ERP system - Advantage
- Excellent Excel and Office skills
- Ability to work in a fast-paced global company, meet tight deadlines, and handle multiple priorities
- High standards of accuracy and precision
What the job involves
- We are looking to hire an experienced Senior Revenue Accounting Manager to join the Finance team here at Wiz. We are open to this candidate working remote and strongly prefer East coast candidates
- Determine the company's global revenue recognition in accordance with US GAAP (ASC 606)
- Work cross-functionally to build and optimize the global revenue process
- Review global business agreements from an accounting perspective
- Manage the period-end close process related to revenue and billing
- Work with the company's external auditors during interim and annual audits and ongoing issues as needed
- Support ad hoc accounting and finance-related projects as needed
- Provide accounting input on customer agreements as part of the legal negotiation process
Our take
Originally founded in Israel – a hotbed for rapid growth cybersecurity companies of late – Wiz hit the headlines when it became the world’s fastest growing software company in Summer 2022. Incredibly, the company clocked up $180 million in annual recurring revenue in under two years since launching its first product, boasting major customers like Salesforce, Slack, BMW, and Asos.
It’s impressive enough that the startup was able to attract hundreds of millions in investment so early in its lifespan, but the fact that it was co-founded by a team of former Microsoft executives no doubt helped on this front. However, to generate this kind of revenue so soon is extremely rare.
The company has fueled its growth with aggressive hiring and product expansion, adding modules for Container and Kubernetes security, DSPM, and CDR - enabling organizations to further consolidate their cloud security program into a single, fully comprehensive platform.
Following its early 2023 Series D funding round, the company has reached a $10 billion valuation, officially making it the world's largest cybersecurity unicorn and it is the fastest SaaS company to achieve such a valuation.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (last 2 of 7 rounds)
May 2024
$1bn
SERIES E
Feb 2023
$300m
SERIES D
Total funding: $1.9bn
Company HQ
Chelsea, New York, NY
Articles
Leadership
Assaf Rappaport
(CEO)Previously co-founded and was CEO of security SaaS Adallom (acquired by Microsoft in 2015). Subsequently spent four years at Microsoft as a General Manager, first of Cloud Security, then R&D Israel.
Ami Luttwak
(CTO)Was the co-founding CTO of Adallom, next joining Microsoft as CTO of the Cloud Security Group, before becoming CTO of R&D Israel.
Yinon Costica
(VP of Product)Was also Adallom's VP of Product. Joined Microsoft as Partner Director of Product Management, Cloud Security after its acquisition of Adallom.
Roy Reznik
(VP of R&D)Is also the Co-founder & Master Distiller at Kataro Distillery. Before this they worked as Principal R&D Group Manager for Microsoft, joining the company from Adallom whom they co-founded.
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