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Revenue Accounting Manager

Team

Accounting

Location

San Francisco, United States

Apply on Gem
ABOUT RETOOL
Nearly every company in the world runs on custom software: Gartner estimates that up to 50% of all code is written for internal use. This is the operational software for refunding orders, underwriting loans, onboarding employees, analyzing transactions, and providing customer support. But most companies don’t have adequate resources to properly invest in these tools, leading to a lot of old and clunky internal software or, even worse, users still stuck in manual and spreadsheet flows.
At Retool, we’re on a mission to bring good software to everyone. We’re building a new type of development platform that combines the benefits of traditional software development with a drag-and-drop UI editor and AI, making it dramatically faster to build internal tools. We believe that the future of software development lies in abstracting away the tedious and repetitive tasks developers waste time on, while creating reusable components that act as a force multiplier for future developers and projects. The result is not just productivity, but good software by default. And that’s a mission worth striving for.
Today, our customers span from small startups building their first operational tools to Fortune 500 companies building mission-critical apps for thousands of users across their business. Interested in joining us? Let us know!

WHY WE’RE LOOKING FOR YOU:
Retool is looking for a strong Revenue Accounting Manager to join our accounting team. Reporting to the Revenue Accounting Lead, the Revenue Accounting Manager will be the focal point on revenue recognition and contract structuring, supporting new product introduction, playing an integral role in our revenue accounting processes, working cross functionally with our sales and revenue operations team and other key stakeholders. This role will help build and uphold revenue recognition standards for Retool. We will also look to you to help us build processes, develop controls, and identify opportunities for automation that will help us scale. Additionally this role will support the Company in its external audits. Finally, as a fast-growing business, there will be opportunities to lead special projects, which will enable you to expand your skill set while helping Retool build new accounting capabilities.
WHAT YOU’LL DO:
  • Serve as a subject matter expert on ASC 606 revenue accounting and the quote-to-cash process
  • Oversee the accounting of multiple revenue streams as well as the design, implementation, and execution of scalable and effective processes for a more efficient close and strong control environment
  • Help build formal accounting policies in accordance with US GAAP, prepare technical revenue accounting memos in compliance with US GAAP, and monitor relevant US GAAP developments to ensure revenue recognition policies are in compliance
  • Review customer contracts for revenue recognition to ensure compliance with company policies and appropriate revenue recognition standards under ASC 606
  • Review, document, and communicate any revenue impacts for customer contracts in accordance with Retool's revenue recognition policies and ASC 606
  • Participate in the month end close process including preparation of journal entries, account analysis, reconciliation of revenue accounts and review of other team member’s work to deliver timely and accurate financial results
  • Work cross functionally to standardize procedures, drive process improvements and automation efforts to streamline revenue accounting operations and improve the quality of monthly, quarterly, and annual closes including internal controls
  • Develop and provide technical revenue recognition training to cross functional teams, including sales and revenue operations
  • Support special projects as needed including the implementation and / or maintenance of revenue accounting systems and tools
  • Support our financial statement audits
THE SKILLSET YOU'LL BRING:
  • Bachelor’s degree in Accounting or other relevant field
  • Certified Public Accountant or equivalent, with Big 4 or large accounting firm experience
  • 6+ years of relevant revenue recognition experience
  • Prior experience at a start-up or other fast-paced environment
  • Strong understanding of US GAAP, ASC 606 and ASC 340 principles
  • Strong organizational skills; a detail-oriented self-starter with the ability to work independently and across various functions
  • Proven experience in customer contract reviews, subscription billing processes and systems, invoicing, and collections strategies
  • Ability to partner cross-functionally across the company, and with external partners
  • Proven analytical and creative problem-solving skills, with the capacity to identify issues and implement solutions proactively, driving continuous improvement
  • Excellent communication and organizational skills, both written and verbal
  • Experience with NetSuite preferred
  • Experience with Stripe and Salesforce a plus
  • Prior experience with large datasets and SQL a plus
  • SaaS revenue accounting experience is a plus
  • Knowledge of sales tax and international VAT is a plus

Retool offers generous benefits to all employees and hybrid work location. For more information, please visit the benefits and perks section of our careers page!
Retool is currently set up to employ all roles in the US and specific roles in the UK. To find roles that can be employed in the UK, please refer to our careers page and review the indicated locations.