Director of Revenue

InvestCloud is seeking a Director of Revenue with deep knowledge of ASC 606 to join its Finance team, who enjoys working in a fast-paced, high-growth environment and can provide technical guidance and support for revenue recognition decisions for a SaaS technology company.

What does a great Director of Revenue do?

We are looking for individuals with a passion for accounting in the technology industry who want to make an immediate impact on our team and internal processes. The Director of Revenue is responsible for the accurate and timely reporting of revenue figures based on internal and external requirements. We are an expanding team providing team members with much potential for further professional and personal growth. The ideal candidate is eager for continuous learning, ambitious, and unafraid to take on new challenges. This is a remote role. There will be travel from time to time.

How you will provide meaningful contributions:

• Research, apply, and enforce revenue guidance in accordance with ASC 606, Revenue from Contracts with Customers.
• Design, implement, and enforce internal revenue accounting policies across a multinational corporation.
• Prepare journal entries and maintain account reconciliations consistent with US GAAP and corporate accounting policies for Income Statement and Balance Sheet accounts.
• Perform end-to-end revenue testing for NetSuite and billing implementation while regularly working with internal and external business partners, both local and international.
• Streamline month and quarter-end close procedures, including account reconciliations, flux analysis, calculation of standalone selling price for multi-element arrangements, and contract reviews.
• Implement and enforce SOX controls for newly acquired companies to prevent and detect significant deficiencies or material weaknesses.
• Work with cross-functional teams, training members of the organization on revenue accounting policies and the adoption/implementation of such.
• Participate in the quarterly and annual financial statement preparation process or other ad hoc reporting requirements.
• Perform contract reviews for substantial agreements to determine proper accounting treatment and application.
  
  

Basic Qualifications for Consideration:

• 2-4 years of public accounting experience
• 6-10 years of industry experience
• Knowledge of US GAAP concerns revenue recognition and related balance sheet classifications.
• Experience in the technology industry, both on-premise and cloud-based solutions.
• Ability to work in a fast-paced environment amongst cross-functional teams with a team player mindset.
• Ability to research and conclude on accounting guidance while applying the most operationally efficient conclusions.
• Analytical skills, combined with business judgment and ability to communicate effectively with management.
• Bachelor's degree in Accounting or Finance required.
• Strong analytical and Excel skills with working knowledge of NetSuite (preferred)
• Ability to manage complexity well and demonstrated experience managing across functions and businesses to accomplish large-scale goals in a multinational, public company environment.
  
  

Preferred Skills / Experience

Technology/Fintech – SaaS 606 Experience required.

About InvestCloud

InvestCloud is the global technology leader in digital transformations for the financial services industry, supporting over $6 trillion of assets with over 550 direct clients, from wealth managers, institutional investors and asset managers to family offices, asset services companies, financial platforms, and banks. InvestCloud specializes in digital platforms that enable the development of financial solutions, pre-integrated into the cloud. The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding suite of modular products, resulting in best-in-class experiences for the financial services industry. Headquartered in Los Angeles, InvestCloud has over 20 global offices including New York, London, Geneva, Singapore, Tokyo, and Sydney. InvestCloud is backed by Motive Partners (together with its affiliates) and Clearlake Capital Group, L.P. (together with its affiliates). For more information, visit InvestCloud.com.

The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on the applicant’s geographic location. Salary range: $150-220k

Invest Cloud is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.