Manager, Revenue Accounting

Posted:
10/29/2024, 10:26:28 AM

Location(s):
Illinois, United States

Experience Level(s):
Senior

Field(s):
Accounting

Workplace Type:
Remote

At Angi, we have one simple mission: Get all your home service jobs done well. That’s how we’ve helped over 150 million homeowners care for their homes over the last 25+ years. Today, our network has grown to over 200,000 skilled local pros — and our platform has made it easier than ever to find the right one for your project, from repairs to renovations and everything in between.

What you’ll do:

As our new Manager, Revenue Accounting, you will oversee the revenue accounting function & team for one of our lines of business, ensuring accurate and timely reporting, compliance with US GAAP and SOX requirements, and effective collaboration with cross-functional teams. You will lead the revenue recognition process, drive continuous improvements, and provide strategic insights to help shape the company's financial success.

Your key responsibilities will be:

  1. Revenue Recognition & Reporting:
    • Leading the monthly, quarterly, and annual revenue close processes, ensuring timely and accurate revenue recognition in compliance with ASC 606.
    • Reviewing and analyzing revenue-related journal entries, account reconciliations, and financial reports to support financial statement accuracy.
    • Overseeing our assessment of credit loss reserves. 
    • Overseeing your team as they review contracts and agreements for appropriate revenue recognition treatment, collaborating with legal and sales teams to ensure compliance with accounting policies.
    • Identifying, implementing, and managing improvements in revenue accounting processes and systems to enhance efficiency and accuracy. You will create and maintain all corporate revenue policies.
  2. Team Leadership:
    • Managing, mentoring, and developing a team of revenue accountants, providing guidance on technical accounting issues and ensuring consistent high performance.
    • Fostering a collaborative environment across the accounting, finance, and other departments to ensure seamless revenue reporting processes.
    • Promoting a culture of continuous learning and development within the revenue accounting team.
  3. Compliance & Audit Support:
    • Ensuring adherence to internal controls over financial reporting (ICFR) related to revenue accounting.
    • Serving as the primary point of contact for external auditors during financial statement audits related to revenue recognition and SOX compliance for your line of business.
    • Maintaining a deep understanding of accounting principles and ensure all revenue recognition practices for your line of business are in accordance with GAAP and ASC 606.
  4. Collaboration with Cross-Functional Teams:
    • Collaborating closely with the sales, legal, finance, and product teams to address revenue recognition issues related to new product offerings, customer contracts, and promotions for your line of business.
    • Providing financial insights and guidance to help shape business decisions, particularly related to pricing, contracts, and revenue forecasts.
    • Providing training and guidance to teams across the business on revenue accounting and compliance.

Who you are:

  • You have a Bachelor’s degree in Accounting, Finance, or related field and are an active CPA. 
  • You have 5-8 years of experience in revenue accounting, with at least 1 year in a leadership or management role. 
  • You have experience working in a publicly traded company, ideally within a tech, online marketplace, or online subscription model business.
  • You have a thorough understanding of ASC 606 and GAAP revenue recognition requirements.
  • You are proactive in identifying process improvements and take initiative to diagnose and remediate potential issues.
  • You have experience in working with ERP systems (NetSuite, SAP, Oracle, etc.) and revenue recognition tools.
  • You have demonstrated the ability to lead, mentor, and develop high-performing teams.
  • You have strong analytical skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment.
  • You have excellent communication skills, both written and verbal, with the ability to present complex information clearly to stakeholders of all levels, including executives.

We value diversity

We know that the best ideas come from teams where diverse points of view uncover new solutions to hard problems. We welcome and value individuals who bring diverse life experiences, educational backgrounds, cultures, and work experiences.

Compensation & Benefits 

  • The salary band for this position ranges from $95,000-$145,000, commensurate with experience and performance. Compensation may vary based on factors such as cost of living.
  • This position will be eligible for a competitive year end performance bonus & equity package
  • Full medical, dental, vision package to fit your needs
  • Flexible vacation policy; work hard and take time when you need it
  • Pet discount plans & retirement plan with company match (401K)
  • The rare opportunity to work with sharp, motivated teammates solving some of the most unique challenges and changing the world

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