Senior Manager of Revenue Accounting, Yext
$124.7-229k
More information about location
Digital media technology services
Be an early applicant
Digital media technology services
1001+ employees
Be an early applicant
$124.7-229k
More information about location
1001+ employees
Company mission
To transform the enterprise with AI search.
Role
Who you are
- The ideal candidate must have experience with and strong understanding of US GAAP, ASC 606, ASC 340-40, internal controls, and team management
- The successful candidate will be someone who is excited to go beyond the traditional accounting responsibilities of close and work in a team to help grow and scale the company
- BA/BS degree in Accounting or related field
- CPA or equivalent professional designation
- 8+ years of total experience with 4 or more years of public accounting firm experience combined with relevant revenue accounting experience in the SaaS or software industry
- Strong knowledge of Accounting Standard ASC 606 is a must
- Ability to communicate effectively with all levels of an organization and manage relationships with external parties
- Leadership experience with a proven ability to manage, develop, and motivate teams, including on an international, cross-cultural basis
- Strong analytical and communication skills with a sharp focus on details
- Ability to work with different business units in a fast-paced and constantly evolving environment, develop an understanding of business processes and understand/discuss implications on the financial statements
- Interest in building and refining processes and contributing to a scaling business operation
- Ability to recognize problems, gather data, draw valid conclusions and effectively present information to managers, peers and customers
- Excellent time management skills, ability to prioritize and be flexible as priorities shift
- High degree of dedication to continuous improvement and strong sense of ownership
- Experience with NetSuite, Zuora, RevPro and Salesforce or equivalent systems is required
What the job involves
- Yext is seeking a top tier Senior Manager, Revenue Accounting to join our accounting team
- This role will be responsible for managing the revenue accounting function - providing ASC 606 technical accounting expertise, owning the monthly close process of revenue and commissions, including items such as revenue recognition, unearned revenue, deferred commissions and accounts receivables, delivering timely management reporting, and leading team development and process improvement
- This role will work closely with members of the Revenue Systems, General Ledger, Deal Desk, Legal and FP&A teams
- This role will oversee a team of 4, with team members located at our India Operations Center
- Manage the day to day activities of the revenue accounting team focusing on process improvements, automation and analysis of business results to support the company’s growth
- Manage the month-end close and reporting process for revenue, accounts receivable, allowances, deferred revenue and commissions to ensure an accurate and timely revenue close
- Work closely with Deal Desk, Billing Operations and customer facing commercial teams to engage in active deal negotiations and perform accounting assessment to ensure alignment on process, controls and proper revenue recognition
- Own company’s revenue recognition and commissions accounting policies, ensuring compliance on a day to day basis
- Initiate reviews and analysis to provide business insights and respond to inquiries from senior management
- Manage external auditors for annual audit and quarterly review requirements
- Review financial statement footnotes and disclosures related to revenue, accounts receivable, deferred revenue, commissions and allowances
- Prepare technical memos on complex revenue arrangements and revenue related accounting matters
- Collaborate cross-functionally to support company-wide initiatives, such as new product launches to ensure compliance with US GAAP
- Support ongoing M&A activity, such as performing revenue due diligence, post acquisition integration activities
- Coach, mentor and develop a high performing global team
- This role will require 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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