Senior Manager, Revenue Accounting
About Vercel:
Vercel’s Frontend Cloud provides the developer experience and infrastructure to build, scale, and secure a faster, more personalized web. Customers like Under Armour, eBay, The Washington Post, Johnson & Johnson, and Zapier use Vercel to build dynamic user experiences on the web.
At Vercel, our mission is to enable the world to ship the best products and that goes hand in hand with creating an environment where you can do the best work of your life.
About the Role:
Vercel is looking for a Senior Manager, Revenue Accounting to develop and scale the accounting function to support the growth of the business. Reporting to the Controller, this role will support the accounting close process, assist in strategic initiatives to streamline the close process, and oversee key financial processes related to revenue accounting, commissions and accounts receivable. Additionally, the Senior Manager will partner with the Finance Systems and the Engineering teams to identify and implement automation opportunities. This role includes managing, mentoring, and coaching a team of two accountants, fostering their professional development and ensuring high performance.
What You Will Do:
- Develop, implement, and maintain revenue recognition policies, procedures, and processes to ensure compliance with ASC 606
- Analyze and interpret complex revenue recognition scenarios, including subscription-based models, usage-based models and professional services revenue
- Partner with FP&A in developing financial models and scenarios for strategic decision-making
- Assistant in the month-end financial statement close process by reviewing journal entries, account reconciliations, and reporting on results to internal stakeholders
- Continually develop, expand and improve month-end close and financial reporting procedures and help drive the reduction of the close timeline by assessing and streamlining close-related activities
- Manage, mentor and coach a team of 2 accountants
- Partner with Finance Systems and Engineering to identify and implement automation opportunities
- Collaborate with other departments to understand business operations and provide financial guidance
- Oversee the daily operations of the account receivable, including policy management
About You:
- 8+ years of accounting experience, including at least 3 years at a Big 4 accounting firm and 3 years in industry
- Experience working in SaaS
- Bachelor's degree in Accounting or Finance
- CPA designation and strong knowledge of US GAAP
- You're passionate about building systems and process improvements. You thrive in bringing process and organization to complex environments
- You have implemented an ERP, revenue recognition or billing system
- Ability to lead projects independently
- Ability to communicate technical accounting concepts to a non-technical environment
- Experience with NetSuite is a plus!
Benefits:
- Great compensation package and stock options.
- Inclusive Healthcare Package.
- Learn and Grow - we provide mentorship and send you to events that help you build your network and skills.
- Flexible Time Off - Flexible vacation policy with a recommended 4-weeks per year, and paid holidays.
- Remote Friendly - Work with teammates from different time zones across the globe.
- We will provide you the gear you need to do your role, and a WFH budget for you to outfit your space as needed.
The San Francisco, CA base pay range for this role is $170,000-$210,000. This salary range is an estimate. Actual salary will be based on job related skills, experience and location. Pay ranges outside San Francisco may be adjusted based on employee location. The total compensation package also includes benefits and equity-based compensation. Your recruiter can share more about the specific pay range for your location during the hiring process.
Vercel is committed to fostering and empowering an inclusive community within our organization. We do not discriminate on the basis of race, religion, color, gender expression or identity, sexual orientation, national origin, citizenship, age, marital status, veteran status, disability status, or any other characteristic protected by law. Vercel encourages everyone to apply for our available positions, even if they don't necessarily check every box on the job description.