Manager of Revenue Accounting, Newsela
$105-120k
+ Incentive stock options
Online platform for education content
Job no longer available
Online platform for education content
201-500 employees
Job no longer available
$105-120k
+ Incentive stock options
201-500 employees
Company mission
To provide meaningful classroom learning for every student.
Role
Who you are
- Bachelor's Degree in Accounting, Finance, or Business with an emphasis in Accounting
- 5+ years of accounting experience
- 1-2 years of hands-on experience with ASC 606, revenue reviews, Netsuite billing and ARM
- Experience managing others to ensure transactional processing is accurate and complete
- Well-versed in revenue contracts review, documentation of revenue checklists, and providing support for financial statement audits
- Experience using Salesforce (not required but a plus)
- Ability to identify and prioritize issues that impact revenue reporting, investigate, evaluate and come up with alternate solutions, present pros/cons to management for decision and help to execute through to the resolution
What the job involves
- The Accounting Manager will take our revenue recognition processes to the next level (post ASC 606 adoption) and will develop scalable accounting operations for month end close activities
- Reporting directly to our Controller, you will have the opportunity to own critical and highly visible revenue processes, building the foundation to scale and improve the quality of the close process and internal controls
- You’ll also have the opportunity to work closely with our growing Finance team, as well as cross-functionally with leadership on our Sales, Marketing, Product, and People teams
- Your work will help enable quality reporting and accounting operations that support the super-charged growth of our business
- Ultimately, this growth will broaden our product’s reach and bring engaging, culturally responsive learning content to K-12 teachers and students nationwide
- You will own end-to-end revenue close processes (including AR, deferred revenue, reserves and adjustments)
- Collaborate with internal and external business partners, performing periodic and ad-hoc revenue reporting and analysis, and ensuring operation of key internal controls
- Participate in special projects when revenue recognition expertise is needed, providing both technical and/or operational knowledge
- Interact with external auditors on technical accounting issues and assist in the support of the annual audit
- Prepare technical accounting analysis related to new transactions and new or evolving products
- Work closely with our external auditors on technical accounting matters and bring any accounting analysis to closure in a timely manner
- Respond to technical accounting inquiries from auditors and communicate technical accounting matters and concepts to all levels within the organization
- Assist in the assessment and review of financial controls established over technical accounting areas
- Supervise at least one direct report and potentially more in the future
Our take
While textbooks have been standard issue in classrooms for centuries, digital instructional materials are now more prevalent. Newsela offers a learning platform that curates and rewrites news articles, historical speeches, and scientific papers to help accelerate learning.
The platform is available in both English and Spanish and includes quizzes, exercises, and writing prompts to help engage students at any level. Millions of teachers and K-12 students use the platform, which has proved extremely popular so far.
In 2021, the company reached unicorn status. Since then, research has shown that Newsela is 70% more effective at promoting reading skills compared to an average summer reading program. This demonstrates the value it brings to the space, and places it well for continued expansion and innovation.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Feb 2021
$100m
SERIES D
Mar 2019
$50m
SERIES C
Total funding: $172.2m
Company benefits
- Healthcare (pets included)
- Continue your learning - on us!
- Discounts and resources to stay healthy
- Commuter savings (trains/bikes)
- Generous time off for your most important job — maternity, paternity, and adoption
- Unlimited time Off
Company HQ
Theater District, New York, NY
Articles
Leadership
Dan Cogan-Drew
(Co-Founder & Chief Academic Officer)A qualified teacher with extensive and varied experience. Recent roles include Director of Programs at EDUCATION CONNECTION and Director of Digital Learning at Achievement First Public Charter Schools.
Matthew Gross
(Co-Founder & Director)Former CEO of the company. Co-founded and was CEO at Grouper Education. Was also a Board Member at New Classrooms, Executive Director at Regents Research Fund and VP at PENCIL.
Pep Carrera
(CEO)Board Member at Follett Higher Education. Was CEO at Nearpod, President at ProQuest, and President and COO at VitalSource Technologies.
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