Senior Revenue Accounting Manager, Gusto
$159.2-196.3k
2-3 days a week in office
Automated payroll, benefits & HR platform
Open for applications
Automated payroll, benefits & HR platform
1001+ employees
Open for applications
$159.2-196.3k
2-3 days a week in office
1001+ employees
Company mission
To create a world where work empowers a better life.
Role
Who you are
- Bachelor's degree in Accounting, CPA preferred
- 8+ years of progressive experience in revenue accounting & quote to cash processes, with a strong understanding of ASC 606
- Experience in a public company environment with a focus on automation and systems
- Proven experience in leading revenue accounting efforts for new products
- Demonstrated success in project managing the implementation of revenue recognition or similar financial systems is a plus
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across different teams
- Experience working with Netsuite and Revenue Recognition systems is a plus
What the job involves
- As the Senior Manager, Revenue Accounting - Revenue Operations & New Product Integrations, you will be a leader within the Revenue Accounting team
- You will be a key driver of how new products and services are brought to life within our revenue accounting ecosystem
- You will lead the operationalization of these offerings, assess accounting impacts early and manage the implementation of our new revenue recognition system
- This role requires a strong understanding of revenue accounting principles, excellent project management skills, the ability to collaborate effectively across various teams (including accounting, product, sales, legal and technology) and build from ambiguity
- About the Team:
- Our Revenue Accounting team is responsible for ensuring the accurate and timely recognition of our revenue in accordance with relevant accounting standards
- We are a collaborative and forward-thinking team focused on continuous improvement and leveraging technology to streamline our processes
- As we continue to grow and introduce new products and services, this role will be critical in shaping our revenue recognition practices, operationalizing our new products/services and implementing our new revenue recognition system
- Build scalable accounting processes to support growth in revenue
- Take the “first stab” at evaluating the accounting implications of new products, identifying key accounting and operational risks and triggering involvement with technical accounting as needed
- Lead the revenue accounting efforts for the integration of new products and services, ensuring accurate and compliant revenue recognition, including operationalization and month-end close procedures
- Project manage the implementation of our new revenue recognition system, working closely with the vendor, technology, and other stakeholders
- Develop and maintain revenue recognition policies and procedures related to new products and systems
- Collaborate with product, engineering, sales, and legal teams to understand new product offerings and their revenue implications
- Drive and manage other key revenue-related projects aimed at improving efficiency, accuracy, and compliance through the use of AI and other automation tools
- Partner with technology & engineering to ensure data integrity and seamless flow of information between billing, the new revenue recognition system, and our ERP
Our take
For many small businesses, vital administrative tasks such as payroll, taxes, and benefits are manual tasks that take time and energy which many SMB owners don’t have. The three co-founders of Gusto – all coming from small business backgrounds – collaborated on a Fintech company that would handle employee payments, benefits administration, and compliance support specifically for small businesses.
The company may have started slowly, as the founders focused on nailing each individual aspect of Gusto’s operations, but has now skyrocketed to unicorn status with more than 200,000 customers and a multi-billion dollar valuation. In 2021, Gusto began acquiring other companies to strengthen its offering and its position in a competitive market, including two other fintech startups, Ardius and Symmetry.
Through its continued acquisitions and fundraising efforts, the company has carved out a strong position for itself in the space. Although Gusto has found itself impacted by the macroeconomic situation, through the significant effect it has had on its clientele, the company still appears positive for the future after raising funds in 2023 that will see it reach key profitability benchmarks. It continues to consolidate its platform, for example by integrating with OpenComp to grant its users access to the company's Compensation Intelligence Platform.
Steph
Company Specialist at Welcome to the Jungle
Insights
45% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
May 2022
$55m
SERIES E
Aug 2021
$175m
SERIES E
Total funding: $706.1m
Company benefits
- Comprehensive medical, dental, and vision benefits, plus a variety of mental health resources
- Flexible vacation - Gusties are encouraged to take the time off they need to continue doing great work
- Fertility treatments, parental leave, pregnancy termination, caregiving, gender-affirming surgery, hormone treatments, transgender-inclusive services, and more
- If you work at one of our homebases, enjoy food, drinks, and good conversation — on us
- Celebrate 5 or 10 years at Gusto and take a month off to recharge
- Take advantage of internet, phone, commuter, and wellness stipends each month, along with a WFH stipend and cash for anniversaries
Company HQ
Central Waterfront, San Francisco, CA
Leadership
Joshua Reeves
(CEO)Studied Electrical Engineering at Stanford and went onto co-found Gusto in 2011.
Tomer London
(CPO)Has a PhD in Electrical Engineering from Stanford. Was a Researcher at Intel, and then interned at Bump Technologies. Co-founded Vizmo, a mobile self-service technologies company, in 2008. Co-founded Gusto in 2011.
Edward Kim
(Head of Engineering)Studied Electrical Engineering at Stanford. Was Senior Project Engineer at Volkswagen of America Electronics Research Lab and then co-founded Picwing, a printed photos company, in 2008. Co-founded Gusto in 2011.
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