Revenue Accounting Head
3 hours ago
The Revenue Accounting Lead plays a key leadership role in overseeing and optimizing the company's accounting operations, driving revenue growth, and ensuring exceptional client service. This specific role requires expert knowledge of US GAAP, IFRS, ASC 606 or Revenue Accounting, and the ability to navigate intricate accounting issues, develop and execute operational strategies, and drive efficiency across core pillars—people, process, and technology. The Senior Accounting Manager collaborates with executive leadership to develop budgets, analyze financial performance, and provide strategic insights to support business growth.
Responsibilities:
- Manage all aspects of Scrubbed's operations, as assigned, alongside other senior personnel, with a focus on world-class quality, best practice, excellent client delivery, and aligned with Scrubbed's mission and vision
- Enhance Scrubbed performance by focusing on the right balance between efficiency and effectiveness of Scrubbed's core operating pillars: people, process, and technology
- Develop operational strategies to build the company for scale, by benchmarking key service platforms to best practice standards, and enabling a "cut and paste" system to take on future clients
- Drive revenue growth by enhancing operational efficiency and optimizing resource utilization, aiming for a significant increase in revenue per FTE through process improvements, strategic planning, and performance optimization.
- Conduct FTE analysis and optimize workflows to benchmark performance and enhance resource efficiency.
- Perform root cause analysis of operational issues, collaborating with teams to develop lasting solutions.
- Work with executive management to develop and oversee the company's annual and monthly budgets, ensuring alignment with strategic goals.
- Evaluate the company's financial position and initiatives, identifying growth opportunities and providing data-driven insights.
- Provide strategic advice to executive leadership, offering insights that strengthen market position and drive growth.
- Determine and identify the technology requirements and coordinate with the CTO with regard to aligning the right people and appropriate technology to service our clients.
- Oversee hiring and staffing strategies to align with client demands, projected sales initiatives, and business growth
- Manage high-level client interactions, providing expert guidance on intricate financial analyses and proactively addressing complex concerns to foster strong long-term client relationships relationships.
- Assign responsibilities effectively, manage workloads, and ensure equitable task distribution to maintain team efficiency and morale.
- Establish, monitor, and analyze key performance indicators (KPIs) to track progress, measure team performance, and drive accountability across all levels to ensure the achievement of key business objectives.
- Develop and share key risk indicators (KRIs) and metrics with executive management to effectively manage risks and capitalize on growth opportunities.
- Perform thorough reference checks, internal consistency reviews, and grammar assessments to ensure all outputs meet the firm's high-quality standards and align with its values and professional excellence.
- Act as a technology and systems advocate, promoting the adoption of internal protocols and driving enhancements to optimize efficiency and accuracy.
- Uphold firm ethics by raising compliance-related concerns, monitoring staff adherence to regulations, and ensuring consistent application of ethical standards.
- Collaborate closely with internal teams to foster alignment and cohesion, ensuring a unified, organization-wide approach rather than a siloed, portfolio-focused mindset.
- Oversee the entire billing and collection process, from invoice generation and distribution to payment collection and account reconciliation, ensuring accurate and timely revenue recognition.
- Assess current state, assess process gaps, and come up with action points for implementation of improvement on people, process, and technology
- Foster a high-performing team environment by providing constructive performance feedback, identifying development needs, and implementing effective training programs to enhance team members' skills.
- Actively participate in firm-directed initiatives and activities designed to enhance organizational culture and strengthen team collaboration, contributing leadership and insights to foster a positive and productive work environment.
- Perform other tasks that may be assigned from time to time, demonstrating flexibility and adaptability in supporting the team's operational needs.
- Stay current with accounting trends and best practices to recommend enhancements that improve financial accuracy, streamline reporting, and support organizational objectives.
Qualifications:
- Technical Accounting Expertise
• A Bachelor's degree in Accountancy, Finance, or any related field provides a strong foundation in accounting principles, financial reporting, and regulatory compliance.
• Comprehensive knowledge of US GAAP and IFRS, with the ability to research and apply relevant accounting standards to real-world business transactions and scenarios.
• Mastery of core accounting functions, including complex journal entries, intricate bank reconciliations, advanced AP/AR management, and comprehensive GL maintenance.
• Expertise in producing detailed financial statements, managing high-volume invoice processing, and leading month-end and year-end closing procedures.
• Advanced analytical and accounting skills, including the ability to process complex financial datasets, resolve intricate discrepancies, and generate robust financial reports.
- Ability to Operationalize Technical Skills
• Practical experience in utilizing and integrating accounting systems (QuickBooks, Xero, Sage Intacct, NetSuite, Oracle) to manage complex financial data and reporting.
• Demonstrated project management skills, with a proven ability to lead and manage multiple complex projects, coordinating cross-functional teams and resources to meet deadlines and client expectations.
• Outstanding skills in budgeting and resource allocation for accounting projects, ensuring optimal use of resources and funds to drive process improvements and maximize project efficiency.
• Demonstrated tech savviness with a proven ability to quickly learn and adapt to new software and digital tools relevant to financial analysis and accounting processes.
• The ability to work in a high-pressure environment with tight deadlines, ensuring accurate and timely completion of assigned tasks and projects.
• Advanced proficiency in using industry-standard productivity tools, such as Microsoft Office and Google Suite Applications, to streamline workflow and enhance productivity.
- Leadership, Team Development & Execution
• At least 8 to 10 years of progressive accounting experience, including at least 3 years in a leadership role, overseeing complex accounting operations and leading high-performing teams.
• Demonstrated success in leading and managing large, high-performing teams and developing and executing operational strategies, optimizing resource utilization, ensuring successful service delivery, and exceeding client expectations.
• Ability to mentor and develop junior staff, providing guidance on technical accounting matters and contributing to professional development through training and coaching.
• Well-honed decision-making skills, with the ability to analyze complex business challenges, evaluate financial and operational risks, identify effective solutions, and make sound judgments under pressure.
• Strong executive presence and the ability to confidently and persuasively present complex accounting and financial information to senior management, boards of directors, and other key stakeholders, influencing decision-making and building strong client relationships.
- Business Acumen, Communication & Client/Market Leadership
• Strong business acumen with the ability to build strong relationships with senior executives and key stakeholders, and to influence business decisions and drive the integration of sustainability across the organization.
• Results-oriented and client-centric approach, with the ability to build and maintain strong client relationships by providing high-quality services, proactively addressing client concerns, and ensuring client satisfaction.
• Strong ability to explain complex financial data in clear, straightforward language through effective presentations, facilitating understanding and collaboration across departments.
• Excellent communication skills, both oral and written, with the ability to effectively communicate and collaborate with colleagues, clients, and other stakeholders.
• Proven ability to identify and pursue new business opportunities, develop and present compelling proposals, and actively represent the firm at industry events to expand market share and drive revenue growth.
Requirements:
- Experience in handling the Revenue Accounting of a company in the Software as a Service (SaaS) and the Technology industry.
- Experience with SEC reporting processes, including but not limited to the preparation of 10-Q and 10-K filings, technical memorandum write-ups, and supporting documentation.
- Prior work experience with a Big 4 accounting firm or US-listed company, or a similarly reputable professional services organization.
- A master's degree in Finance, Accounting, Economics, or a related field, demonstrating advanced financial expertise and strengthening leadership capabilities and strategic decision-making in accounting operations.
- Relevant professional certifications, such as those offered by recognized professional bodies (e.g., CPA, CIA, CMA, CISA), demonstrate a commitment to professional development.
- A proven track record of successful leadership in managerial roles, including demonstrated ability to lead and mentor high-performing
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