Senior Revenue Accountant, Toast
$81-130k
+ Cash compensation (overtime, bonus/commissions if eligible) & Equity
Point of sale and management system for restaurants
Be an early applicant
Point of sale and management system for restaurants
1001+ employees
Be an early applicant
$81-130k
+ Cash compensation (overtime, bonus/commissions if eligible) & Equity
1001+ employees
Company mission
Toast's mission is to enrich the food experience for all.
Role
Who you are
- This is a challenging, highly visible role that requires excellent problem-solving skills and the ability to work in a fast-paced environment
- 5+ years of accounting experience with 2+ plus years of revenue recognition experience, preferably a combination of experience working in a Big 4 accounting firm and/or related industry experience with knowledge of revenue recognition accounting standards
- Bachelor's degree or higher in accounting
- Strong knowledge of revenue accounting standard ASC 606
- Ability to perform technical accounting research and apply applicable accounting guidance
- Advanced Excel skills with ability to synthesize and analyze large sets of data
- Excellent verbal and written communication skills with the ability to communicate complex scenarios and topics to team members and supervisors in a clear, logical manner
- Demonstrated ability to work cross functionally and at various levels within a company
Desirable
- Experience with NetSuite, Salesforce, and RevPro is highly desirable
- Certified Public Accountant (CPA) qualification preferred
What the job involves
- Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy
- We're looking for a Senior Revenue Accountant to join our team and help implement revenue policies, review revenue transactions, and ensure that revenue is recognized in accordance with US GAAP
- Analyze revenue transactions to evaluate data integrity and proper treatment of transactions within the revenue sub-ledger (RevPro)
- Collaborate with Legal, Sales, and Sales Operations teams to support non-standard deal structuring including approval of nonstandard pricing and contract terms and analyzing their impact on ASC 606 focusing on SSP, material rights, and variable consideration
- Work on cross-functional projects; identify and document the impact of new products, programs, or system changes on existing accounting policies and processes
- Support the design, implementation, and execution of key revenue controls
- Perform month-end and quarter-end close activities including the preparation of financial statement disclosures
- Support internal and external audit requests
- Assist in special projects, including system implementations
Our take
Running a restaurant means managing a stressful set of elements, all needing to work together seamlessly to create a good experience for diners. Toast helps to streamline processes, and puts an end to piles of paperwork, by providing a platform whereby tableside ordering, menu modifications, labour management, payroll, and more are all housed in one system that can run from a tablet.
Toast offers restaurant-grade hardware and cloud-based customisable payment solutions to serve clients from startup through to growth phase, as well as a service for established restaurants. By combining all the digital services a restaurant might need, the platform can act as the one and comprehensive solution for restaurants of any size, avoiding restaurateurs having to invest in a range of technologies.
Toast has over 70,000 restaurants on its books, from food trucks to national brands, and its mobile ordering and payment solutions have made it a recognized brand for consumers. The company's IPO in 2021 saw it valued at over $30 billion and since then, it has added more features to its product suite including wholesale and catering order tools. Toast then, has proven its place as an indispensable player in the restaurant space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
28% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Feb 2020
$400m
SERIES F
Apr 2019
$250m
SERIES E
Total funding: $899m
Company benefits
- Peer and company recognition programs
- Unlimited Vacation
- Sabbatical opportunity after five years
- Professional Development Reimbursement Program
- Commitment to Employee Wellness through resources such as a quarterly Wellness Stipend
- Various peer and company recognition programs
- 401(k) and matching
- Medical, Dental, & Vision Coverage
- Mental Health Benefits
- Subsidized backup childcare
Company values
- We're one team - There’s no “I” in Toast. The only way we’ll succeed is by solving problems together and sharing lessons along the way. As individuals we own our actions, support and respect each other, and embrace our differences.
- We embrace a hospitality mindset - Empathy is our default. We strive to make everyone – from employees and customers to partners and beyond – feel like they belong. We’re fiercely passionate about our community, and are devoted to their success.
- We're driven by purpose - We deliver results with integrity. Challenging work is rewarding work, and accomplishing our goals requires a mix of grit, resilience, and humor.
- We're always hungry - No problem is too big to solve if we stay hungry for innovation. The bigger the idea, the better.
- We lead with humility - Great ideas come from anywhere or anyone, regardless of tenure, title, or background. We believe your opinion matters, and that open and honest feedback is a gift. Act on it.
Company HQ
Fenway–Kenmore, Boston, MA
Articles
Leadership
Steve Fredette
(President)They studied at MIT before co-founding Klick Mobile in 2009 and spending almost 7 years at Endeca. They left their Management role in June 2012 having co-founded Toast in May.
Aman Narang
(CEO)Having studied Computer Science at MIT, they worked at Endeca for 5 years. They moved from working as Product Manager to work full-time as President of Toast in 2013, having co-founded it the previous year.
Jonathan Grimm
(CTO)They also studied Computer Science at MIT before working as an Engineer for Endeca for over 4 years. They worked at Oracle for 5 months prior to co-founding Toast in May 2012.
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