Revenue Accounting Manager, Gusto
$131-155k
Automated payroll, benefits & HR platform
Job no longer available
Automated payroll, benefits & HR platform
1001+ employees
Job no longer available
$131-155k
1001+ employees
Company mission
To grow the small business economy.
Role
Who you are
- Has a strong understanding of ASC 606
- Pays close attention to detail, with the ability to multitask
- Has the ability to work independently, while also being able to lead other team members
- Collaborates effectively with cross-functional teams such as Sales, FP&A, Legal, and Revenue Operations
- Bachelor's degree in Accounting, CPA preferred
- 6+ years of experience in a revenue accounting role, with 2+ years of experience in a supervisory or managerial role
- Large pre-ipo or public company experience is a plus
- Background in public accounting (Big 4 experience preferred)
- Knowledge of SOX requirements
- Thorough understanding of ASC 606 and ASC 340
- Experience in the technology or SaaS industry is a plus
- Experience working with cross-functional teams and collaborating effectively with stakeholders at all levels
- Strong analytical skills and attention to detail, with the ability to interpret complex contracts and financial data
- Excellent communication and interpersonal skills, with the ability to articulate technical concepts to non-financial audiences
- Experience with Netsuite & Zuora, advanced Excel skills, knowledge of SQL are a plus
What the job involves
- We are looking for a proactive, highly motivated, outcome-oriented Accounting Leader to join our Revenue Accounting team
- This role will support the accounting close process and assist with the launch of new products
- Oversee the accounting close process, including review and approval of revenue-related journal entries and timely review of reconciliations and flux analysis
- Review complex revenue contracts and make determinations on revenue recognition approach
- Partner with Sales, Legal, Finance, Technical Accounting, and Revenue Operations teams to advise on non-standard contract terms and billing arrangements, while helping to develop operational best practices
- Provide guidance and support to both Finance and business partners on revenue recognition matters, including revenue implications of new business initiatives and contract negotiations
- Ensure compliance with ASC 606 (or relevant accounting standards) and other regulatory requirements
- Coordinate with external auditors to support annual audit procedures
- Identify opportunities to enhance efficiency and accuracy in revenue accounting processes through automation and system enhancements
- Lead initiatives to streamline workflows, eliminate manual tasks, and improve controls in the revenue recognition process
Our take
For many small businesses, vital administrative tasks such as payroll, taxes, and benefits are manual tasks that take time and energy which many SMB owners don’t have. The three co-founders of Gusto – all coming from small business backgrounds – collaborated on a Fintech company that would handle employee payments, benefits administration, and compliance support specifically for small businesses.
The company may have started slowly, as the founders focused on nailing each individual aspect of Gusto’s operations, but has now skyrocketed to unicorn status with more than 400,000 customers and a multi-billion dollar valuation. And in 2021, Gusto began acquiring other companies to strengthen its offering and its position in a competitive market, including two other fintech startups, Ardius and Symmetry.
Through its continued acquisitions and fundraising efforts, the company has carved out a strong position for itself in the space. Although Gusto has found itself impacted by the macroeconomic situation, through the significant effect it has had on its clientele, the company still appears positive for the future after raising funds in 2023 that has seen it reach key profitability benchmarks. It continues to expand its platform, most recently partnering with Parafin to launch a payroll line of credit for small businesses. With a growing suite of services and a clear focus on supporting small businesses through changing economic conditions, Gusto looks set to sustain its momentum and further strengthen its position in the HR and payroll technology market.
Steph
Company Specialist at Welcome to the Jungle
Insights
45% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
May 2022
$55m
SERIES E
Aug 2021
$175m
SERIES E
Total funding: $706.3m
Company benefits
- Health and Wellbeing: Medical, dental, and vision insurance for employees and dependents. Family care and support, including family planning and fertility benefits. Gender-affirming care and support. A variety of mental health resources.
- Time Away: It's important to take time away for yourself or to take care of your family. Gusto offers paid vacation, sick time, bereavement, and holidays, paid leaves, sabbatical, and more!
- Free meals and refreshments: If you work at one of our offices, enjoy food, drinks, and snacks— on us. Conversation and community is an added bonus!
- Perks:
Company HQ
Central Waterfront, San Francisco, CA
Leadership
Joshua Reeves
(Co-Founder & CEO)Studied Electrical Engineering at Stanford and went onto co-found Gusto in 2011.
Tomer London
(Co-Founder & CPO)Has a PhD in Electrical Engineering from Stanford. Was a Researcher at Intel, and then interned at Bump Technologies. Co-founded Vizmo, a mobile self-service technologies company, in 2008. Co-founded Gusto in 2011.
Edward Kim
(Co-Founder & Head of Engineering)Studied Electrical Engineering at Stanford. Was Senior Project Engineer at Volkswagen of America Electronics Research Lab and then co-founded Picwing, a printed photos company, in 2008. Co-founded Gusto in 2011.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 58 more jobs at Gusto