Director, Revenue Accounting

Payscale is the original compensation innovator for organizations who want to scale their business with pay and transform their largest investment into their greatest advantage. With decades of innovation in sourcing reputable data and developing AI-powered tools, Payscale delivers actionable insights that turn pay from a cost to a catalyst. Its suite of solutions — Payfactors, Marketpay, and Paycycle — empower 65% of the top companies in the U.S. and businesses like Panasonic, ZoomInfo, Chipotle, Quest Diagnostics, University of Washington, American Airlines, and TJX Companies.

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Job Summary

The Director of Revenue Accounting is responsible for the consistent application of revenue recognition policies, procedures and controls. This role is crucial to the order-to-cash process. This role will work closely with Sales, Sales Operations and FP&A. Ideal candidates will have a strong working knowledge of ASC 606 and direct experience leading the full revenue accounting process.

What You'll Do

As a Director Revenue Accounting, a typical day may include the following…

• Maintain revenue accounting principles, practices, and procedures to ensure compliance with U.S. GAAP requirements (ASC 606).

• Lead the monthly revenue close process including deal approval in Salesforce, journal entry preparation/review, and account reconciliation including deferred revenue, and accounts receivable.

• Work closely and collaboratively with Sales, Sales Operations and Legal to proactively ensure a high level of integrity around revenue recognition. This includes reviewing contracts, order forms, and statements of work to identify appropriate billing and revenue recognition.

• Approve non-standard deal structures to ensure proper revenue recognition while maintaining scalable billing operations.

• Prepare monthly KPIs related to deal structure, revenue recognition and billing.

• Enhance policies and processes over the orders-to-cash lifecycle.

• Provide ad-hoc analysis for revenue and customer-related data for various product offerings.

• Initiate business processes and financial system improvements.

• Coordinate with the FP&A team to forecast revenue and billings in future periods

• Be the lead point of contact for the external auditors for all revenue related inquiries

• Manage the team of eight professionals, comprising of four in Revenue Accounting and four in the Collection team.

What We're Looking For

• Bachelor’s degree in accounting of finance strongly preferred.

• 8+ years of accounting and revenue accounting experience.

• CPA and public accounting or working for a public company preferred.

• Ability to work in multiple systems and quickly move from one system to another. Interest and aptitude handling a high volume of data processing.

• Understanding of GAAP and related revenue recognition concepts.

• Well-developed problem-solving, mathematical, and analytical skills.

• Able to discern alternatives, make objective recommendations, and understand how to work with other business groups to accomplish goals.

• Excellent communication skills in dealing with external and internal customers including upper levels of management.

• Experience with NetSuite (or similar ERP system) and Salesforce.

• Experience with billing systems such as Recurly or Zuora preferred.

Nice to Have

• Experience working for a SaaS company a plus.

• Experience reconciling with merchant processors activity a plus.

Location

Payscale has an employee centric remote-first model that provides you the flexibility to do your best work in a space that supports you, while also finding time to collaborate in person for the moments that matter.

In our remote-first model, employees can work from the location that works best for them. We do not have centralized corporate offices. Employees can choose to work from home, in company-paid co-working spaces, or any combination of the two that best suits their unique needs.

If you work from home, we recommend ensuring that you can meet the following technology, equipment and workspace requirements:

• High-Speed Internet - A stable broadband or fiber connection (satellite is highly discouraged) with a minimum speed of 100 Mbps in a dedicated workspace that has a reliable Wi-Fi signal.

• Device for Multifactor Authentication (MFA/2FA) - smartphone, tablet, etc.

When it matters (usually no more than a few times a year) we take the time to gather for in-person events.

Payscale has employees across the US, Canada, UK, The Philippines and Romania however we are currently unable to hire in the Quebec Province, Northern Ireland, and Hawaii.

Benefits and Perks

All around awesome culture where together we strive to live our 5 values:

• Data informed decision making.

• Customer first. Always.

• Succeed together.

• Relentless about results. Obsessed with excellence.

• Lead the change. Shape the standard.

An open and inclusive environment where you’ll learn and grow through programs and resources like:

• Monthly company All Hands meetings

• Regular opportunities for executive leadership exposure through things like AMAs

• Access to continued learning & development opportunities

• Our commitment to a continuous feedback culture which allows us to drive performance and career growth

• A growing network of Employee Resource Groups

• Company sponsored volunteer hours

• And more!

Our more standard benefits

• Flexible paid time off, giving you the opportunity to rest, relax and recharge away from work

• 14 Paid Company Holidays, includes 2 floating holidays (you choose!)

• A comprehensive benefits plan including medical, dental, life, vision, disability, and life insurance covered up to 100% by Payscale

• Unlimited infertility coverage benefits through our medical plans

• Additional supplemental health benefits offered to you and your family

• 401(k) retirement program with a fully vested immediate company match

• 16 weeks of paid parental leave for birthing and non-birthing parents

• Health Savings Account (HSA) options and company contributions each pay period

• Flexible Spending Account (FSA) options for pre-tax employee allocations

• Annual remote work stipend to be used on wellness or home office equipment

Equal Opportunity Employer:

We embrace equal employment opportunity. Payscale is committed to a policy of equal employment opportunity for all applicants and employees. It is our policy that employees will not be subjected to unlawful discrimination on the basis of race, color, religion, sex, age, national origin, or ancestry, physical or mental disability, veteran or military status, marital status, sexual orientation, political ideology, and any other basis protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including but not limited to: recruitment, hiring, transfers, promotions, training, discipline, termination, compensation and benefits, performance appraisals, education, and social and recreational programs.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates, so please don’t hesitate to apply — we’d love to hear from you.

If you have a disability or impairment and need assistance with the application process, please email [email protected] for support.

Fraud Alert:

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