Revenue Accounting Manager, Tekion
+ Stock Options
More information about location
4+ days a week in office (Pleasanton, CA)
End-to-end cloud native automotive platform
Be an early applicant
End-to-end cloud native automotive platform
1001+ employees
Be an early applicant
+ Stock Options
More information about location
4+ days a week in office (Pleasanton, CA)
1001+ employees
Company mission
To build the world's best business applications in the cloud.
Role
Who you are
- Bachelor’s degree in accounting, Finance, or a related field
- Minimum 8 years of relevant experience in revenue accounting, preferably in the SaaS industry
- Strong understanding of US GAAP and ASC 606
- Strong familiarity with accounting software, with a preference for experience with NetSuite
- Advanced proficiency in Microsoft Excel, including the ability to create and manipulate complex spreadsheets and perform data analysis
- Proven ability to manage multiple priorities in a fast-paced environment while ensuring accuracy
- Solid understanding of fundamental accounting principles, billing processes, and financial transactions
- Experience as a business recognition professional with agreement review experience in the technology industry
- Ability to communicate complex financial information clearly and build strong relationships with various stakeholders across departments
- Ability to communicate with senior management and cross-functional business partners
- Ability to work independently in a fluid environment and be adaptable to changing responsibilities and priorities
- Ability to lead cross-functional initiatives in a fluid environment across a large,
What the job involves
- We are seeking a highly skilled and experienced Revenue Operations Manager to join our team.
- In this critical role, you will be responsible for overseeing the entire revenue cycle, ensuring accuracy, compliance, and efficiency.
- You will be a key player in our financial operations, partnering with cross-functional teams to drive process improvements and support business growth
- Manage and approve order management processes, and conduct detailed reviews of customer contracts to ensure all terms are accurately reflected in our systems
- Research revenue accounting guidance as needed and prepare comprehensive technical accounting memos, including applying appropriate revenue recognition guidance under ASC 606
- Oversee the month-end close process, including reviewing of revenue journal entries, reconciliations, and variance analysis
- Work closely with the India-based accounting team to ensure efficient and accurate revenue processing
- Assist in system implementation projects and use a process improvement mindset to enhance operational efficiencies and internal controls
- Evaluate new product introductions or upstream process changes to determine their impact on the Revenue Accounting team's activities and processes
- Lead change management initiatives across teams, ensuring proper documentation and governance
- Partner extensively with the Senior Revenue Manager and Accounts Receivable teams for the OTC processes
- Work closely with Legal and Sales to optimize contracts, ensuring they align with company objectives and comply with policies and revenue recognition guidelines
- Oversee the maintenance of key documentation, including operations playbooks, policies, system requirements, and process flows
- Collaborate with the business applications team to conduct User Acceptance Testing (UAT) of new processes and controls for revenue automation
- Support FP&A in the development of forecasting revenue and reporting
- Assist with special projects and ad-hoc requests as needed
Our take
Car dealerships suffer from an inefficiency problem. The paperwork and administration required to complete a sale requires dealers to manage a disjointed set of various software applications. Tekion is offering an enticing remedy - a cloud-based automotive retail system that integrates the various software applications in a single infrastructure.
Competition has been strong, with rivals CDK Global and Reynolds & Reynolds offering a competitive raft of features, and benefiting from strong prior relationships with dealerships. Tekion, however, has nevertheless secured customers for the software in 28 states - likely in part due to the efficiency of partnering with a single growing service as opposed to a disparate spread.
This momentum shows no signs of slowing either, as Tekion has attracted attention from major players like CMC, Chrysler, and Chevrolet. By streamlining dealership operations into a single platform, the company is proving that even in a crowded market, innovation and simplicity can win over both dealers and industry partners.
Freddie
Company Specialist at Welcome to the Jungle
Insights
25% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jul 2024
$200m
GROWTH EQUITY VC
Oct 2021
$250m
SERIES D
Total funding: $635.1m
Company benefits
- Silicon Valley Startup Environment
- Stock Options
- Focus on Work/Life Balance
- Recognition Culture
- Health and Wellness
- Unparalleled Career Development
Company HQ
Pleasanton, CA
Leadership
Jay Vijayan
(Co-Founder & CEO)They started their career at Oracle, where they spent over 7 years in Management before spending 4 at VMware. They then worked at Tesla for 4 years, leaving their position as CIO to found Tekion in February 2016.
Guru Sankararaman
(Co-Founder & COO)After working as a Chief Architect at Cisco, they joined Tesla for 4 years. Initially they served as Director of Information Technology and then later became VP of Information Technology. Left this role to co-found Tekion in 2016.
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