Senior Revenue Accountant, Evolv Technology
$92-148k
+ Target bonus and equity
3+ days a week in office (Waltham, MA)
AI-driven security screening & weapon detection
Be an early applicant
AI-driven security screening & weapon detection
201-500 employees
Be an early applicant
$92-148k
+ Target bonus and equity
3+ days a week in office (Waltham, MA)
201-500 employees
Company mission
Evolv Technology's mission is to make the world a safer place for people to gather.
Role
Who you are
- Strong foundational knowledge in accounting principles and practices is essential
- Recording and reconciling all revenue accounts in accordance with US GAAP and ASC 606. Knowledge of lessor accounting under ASC 842 a plus
- Ability to identify and accounting for monthly accruals
- Capability of applying the revenue recognition standards, specifically ASC 606, to ensure accurate and compliant accounting of revenue streams
- Reporting Skills:
- Competency in handling multiple revenue reporting requirements, ensuring accuracy, and meeting deadlines
- Willingness to learn and take on responsibilities for reporting metrics such as Annual Recurring Revenue (ARR), Remaining Performance Obligations (RPO), and Deployed Units
- Assisting with ad hoc requests and reporting
- Attention to Detail:
- Ensures precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records
- Reviewing sales orders, bookings, and contracts, managing approvals in NetSuite and Salesforce
- Team Engagement:
- Ability to collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team
- Strong communication skills and the capability to work in a team-oriented environment to ensure cohesive operations and the achievement of common goals
- Participating with the accounting team in managing the general ledger, and closing the books
- Serving as a main point of contact for auditors for revenue testing
- Assisting the accounts receivable team with resolving invoicing issues
- Personal Development:
- Eagerness and commitment to personal growth and professional development within the role
- This role offers a path for growth through a deep understanding of revenue accounting and exposure to other areas of accounting, including accruals, management of sales programs, and engagement in various business initiatives
- Analytical Thinking:
- Involves interpreting complex financial data to inform strategic decisions, forecasting revenue trends, and contributing to financial planning, crucial for organizational growth and stability
- Adaptability:
- Reflects the ability to embrace change, stay current with evolving accounting practices and regulations, and maintain resilience in dynamic business environments, ensuring consistent performance and flexibility in task management
- Education & Credentials
- CPA license or candidates who are you actively pursuing certification are preferred
- Bachelor’s degree in Accounting, Finance, or a related field is preferred
- Accounting Knowledge
- Experience working in a SOX-compliant environment through a public accounting firm or publicly traded company
- Hands-on experience applying US GAAP and ASC 606 revenue recognition rules?
- Experience with lease accounting under ASC 842?
- Experience preparing or reviewing revenue-related journal entries, accruals, or reconciliations?
- Collaboration & Audits
- Experience serving as a point of contact for external auditors on revenue-related testing?
What the job involves
- Imagine a role where your expertise in revenue accounting becomes the catalyst for our company's growth
- Here, every sales order you review and every figure you report isn't just a number—it's a step towards our collective success
- With the volume and complexity of orders scaling up, your knack for precision and strategic thinking will turn challenges into triumphs
- As we diversify our product portfolio, your insights will navigate us through new accounting landscapes, ensuring compliance and accuracy
- This role is your stage to shine—tracking ARR and Deployed Units with finesse, transforming manual processes into masterpieces of efficiency
- Join Evolv as our next Revenue Accountant and be the driving force in a team where your analytical acumen, proactive problem-solving, and passion for continuous improvement shape the future of our company's financial integrity and success
- Success in the Role: What are performance outcomes over the first 6-12 months you will work toward completing?
- In the first 30 days, you will:
- Begin to grasp the order process flow, recognizing key items in orders and starting to understand when and how to address questions or concerns
- Apply meticulous attention to detail to ensure understanding and handling of orders are error-free and compliant
- Start to interact with team members and stakeholders, laying the groundwork for future collaboration and communication
- Within 3 to 6 months, you will:
- Gain the ability to independently review sales orders, maintain revenue reporting accuracy, and ensure sales order approvals process efficiently, avoiding bottlenecks
- Utilize analytical thinking to understand and navigate the key systems, finding relevant information efficiently
- Know the appropriate contacts for resolving questions and start building relationships with stakeholders, enhancing teamwork and process efficiency
- Begin to comprehend key accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work
- By the end of the first year, you will:
- Updating installation and fulfillment dates per revenue recognition rules
- You will be joining the Accounting team and reporting directly to the Manager of Revenue Accounting
Our take
Security screening systems are essential within venues such as concert halls, schools, and workplaces, but there are several problems with existing solutions. For example, lengthy queues and physically intimidating security checkpoints can taint visitor experiences, as well as cause congestion due to their inefficiencies.
Evolv Technology develops AI-driven screening systems, aiming to remove the tension, intimidation, and friction associated with security screening. It does this with a smart touchless screening sensor for weapon detection called Evolve Edge, in addition to an all-in-one venue security analytics platform called Evolv Express.
Whilst the company does face competition from similar security solutions at high-risk locations such as airports, its ability to serve a wide range of venues helps it stand out. It is no doubt Evolv has the ability to make spaces safer, though its past claims it made them "weapon-free" was challenged by a recent failure of its system to detect knives. It does, however, continue to innovate on its offering, and remains an attractive option in the space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
30% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2020
$30m
SERIES C
Oct 2019
$24m
SERIES C
Total funding: $106.4m
Company benefits
- Equity
- Flexible work environment
- Unique culture
- Medical and dental insurance
- 401(k) plan
- Unlimited vacation policy
- Quarterly budget to spend on the perks that are most meaningful to you
Company HQ
Waltham, MA
Leadership
Anil Chitkara
(Chief Growth Officer)Experience as Vice President of PTC. Was also Senior Vice President of Market Development for Oco from 2007 to 2011.
Michael Ellenbogen
(Chief Innovation Officer)Experience as Vice President of Product and Business Development for Vivid Technologies. Was CEO and Founder of Reveal Imaging Technologies from 2003 to 2011.
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