Senior Manager of Subscription Revenue Accounting, Smartsheet
$145-190k
Dynamic workspace platform for collaboration
Be an early applicant
Dynamic workspace platform for collaboration
1001+ employees
Be an early applicant
$145-190k
1001+ employees
Company mission
to empower anyone to drive meaningful change — for themselves, their businesses, and the world.
Role
Who you are
- 10+ years experience in accounting with an emphasis in ASC 606 revenue accounting
- 5+ years of people manager experience
- Current CPA certification
- Someone who enjoys coaching and managing teams
- Comfort working in an organization that values deadlines
- SOX experience is required, whether obtained through public accounting or through working at a publicly traded company
- Work cross-functionally and collaborate with Finance, Legal, Revenue Accounting, Financial Operations and other groups across the company
- Knowledge of ERP systems (preferably NetSuite)
What the job involves
- The Senior Manager of Subscription Revenue Accounting is responsible for the accurate processing and close of our revenue accounting results for Subscription Services
- You will oversee a small team of employees and interact with other team members in accounting, financial operations, sales and other parts of the organization to complete the monthly, quarterly and annual close
- In this role, you will partner closely with the Sr Manager of Services Revenue Accounting to ensure all revenue is recorded observing ASC 606
- This role oversees internal controls compliance including updating the process narratives, risk identification, design, implementation, and ongoing operation of key control activities for revenue accounting related to subscription services
- As a senior manager, you will need to ensure your team understands their roles and responsibilities as they relate to Internal Controls and produce the subscription revenue results each month and each quarter
- This role reports to the Director of Revenue Accounting and may work remotely from anywhere in the US where Smartsheet is a registered employer
- Be an expert in ASC 606 around revenue recognition for subscription services. Ensure that all customer contracts are accounted for completely, and following applicable guidance
- Lead the monthly close process related to revenue accounting for subscriptions
- Implement and operate internal controls. Recommend updates as needed to improve processes
- Partner with the Head of Internal Audit to consider process improvements and test controls
- Perform the monthly review of revenue accounting workpapers and foster a process that delivers the highest quality documentation
- Implement processes that minimize potential for error
- Develop the team, coach and retain additional team members as we grow
- Establish and develop cross functional relationships with key stakeholders
Our take
With teams increasingly moving to remote work across many industries, companies have been reaching for tools to keep operations smooth and communications open. Founded in 2005, Smartsheet is a cloud-based work management platform helping a vast range of companies, from small businesses to large enterprises, plan, track, and report on work.
Like other team collaboration software companies Lucid and Atlassian, Smartsheet saw strong growth between 2020-2022, achieving almost 40% year on year revenue increases through 2022. If the company can continue this success, it stands to make real gains in a global team collaboration market expected to be worth about $20 billion by 2028.
Smartsheet has embedded itself across various industries, with deep integrations with applications from the likes of Salesforce, Atlassian, Google, and Microsoft, leading to it being the first work management sector Unicorn to reach $1 billion in recurring annual revenue in 2024. Whilst remaining broad in application, it is also expanding and upgrading its product offerings; this may prove crucial in further distinguishing itself from well-backed startups like Monday.com and Asana as they begin jostling for market space.
Steph
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
May 2017
$61.2m
SERIES F
May 2014
$35m
SERIES E
Total funding: $128.6m
Company benefits
- Lucrative Employee Stock Purchase Program (15% discount)
- 401k Match to help you save for your future (50% of your contribution up to the first 6% of your eligible pay)
- Monthly stipend to support your work and productivity
- Flexible Time Away Program, plus Incidental Sick Leave
- Up to 24 weeks of Parental Leave
- Personal paid Volunteer Day to support our community
- Opportunities for professional growth and development including access to LinkedIn Learning online courses
- Company Funded Perks, including a counseling membership, primary care membership, local retail discounts, and your own personal Smartsheet account
- Teleworking options from any registered location (role specific)
- HSA, 100% employer-paid premiums, or Buy-up medical/vision and dental coverage options for full-time employees
- Equity - Restricted Stock Units (RSUs) with all offers
- US employees are automatically covered under Smartsheet-sponsored life insurance, short-term, and long-term disability plans
- US employees receive 12 paid holidays per year
Company HQ
West Bellevue, Bellevue, WA
Leadership
Mark Mader
(President & CEO)Having studied at Dartmouth, Mark spent 2 years as a Greenwich Associates Research Associate before 10 years at Onyx Software. They then founded Smartsheet in 2005 as CEO.
Brent Frei
(Board Member)Brent worked at Motorola and Microsoft for 4 years before founding Onyx Software in 1994 and Smartsheet in 2005. They have been a Board Member since, alongside working as CEO of TerraClear.
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