Manager, Revenue Technical Accounting

Posted:
10/22/2024, 2:08:28 PM

Location(s):
Los Angeles, California, United States ⋅ California, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Accounting ⋅ Sales & Account Management

Workplace Type:
Hybrid

Snap Inc is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are Snapchat, a visual messaging app that enhances your relationships with friends, family, and the world; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses, Spectacles.

Snap Inc is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are Snapchat, a visual messaging app that enhances your relationships with friends, family, and the world; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses, Spectacles.

The Finance Team includes Finance Business Partnership, Accounting, Finance Operations, Financial Systems, Internal Audit, Tax, Treasury, and Investor Relations teams. Together, the team partners with leadership to provide insights, information, and guidance to make strategic and operational decisions, inform investors about our business model and progress, and ensure the company is financially healthy and consistently meeting our reporting obligations.

We’re looking for a Manager to join Snap Inc! Working closely with the technical accounting team, operational revenue team, legal, sales/growth and other cross functional teams, you will actively participate in contract review to analyze accounting for certain transactions, research accounting outcomes, and optimize processes for efficient and accurate data flow. Working from our Los Angeles office, you’ll collaborate with the above mentioned, and other business partners daily to ensure accurate and timely contract review and accounting impact under US GAAP and IFRS.

What you’ll do: 

  • Actively participate in contract reviews and be the trusted advisor to the sales/growth teams, collaborating on deal structure and terms for non-standard transactions, with a focus on accounting impact

  • Partner with sales / legal / finance to resolve complex contract issues and develop solutions in compliance with business practices and policies

  • Serve as an escalation point when needed to help move deals forward

  • Cultivate internal relationships with all levels of the sales/growth teams

  • Identify and implement process improvements

  • Research and provide insights into accounting outcomes for different business terms and inform the finance team on accounting considerations for forecast purposes 

  • Prepare technical accounting memorandums related to non-standard contracts

  • Identify risks, implement controls, and maintain proper process documentation and evidence in accordance with SOX

  • Support annual financial statement audit, as well as periodic internal audits

  • Document and improve processes for assigned areas

  • Support ad hoc analyses and projects as needed, including M&A
      

Knowledge, Skills & Abilities:

  • Strong understanding of the sales process and ability to navigate complex deal terms and structure

  • Strong technical accounting knowledge with an understanding of US GAAP and IFRS

  • Ability to work under pressure and perform tasks concurrently in a deadline driven environment

  • Excellent critical thinking and problem solving skills, and superior attention to detail

  • Excellent verbal and written communication skills with the ability to interact at all levels of the organization

  • A proactive, self-directed approach with the ability to multi-task, think creatively, and learn quickly in a fast-paced environment

  • Detail-oriented with a high sense of urgency

  • Strong work ethic with the ability to work extended hours during critical periods

  • Able to work independently as well as collaboratively with a team

  • Great at business partnering and working with cross functional teams, building meaningful business relationships along the way
     

Minimum qualifications:

  • Bachelor’s degree or higher in accounting or finance or equivalent years of experience

  • CPA License or equivalent

  • 5+ years of relevant experience

Preferred qualifications:

  • Experience in a Big 4 firm or Fortune 500 company experience with emphasis in revenue recognition

  • Strong experience in writing technical accounting memorandums

  • Strong analytical skills, in applying revenue recognition guidance to non-standard contracts 

  • Strong experience in contract review and working with sales, legal and finance teams

  • Strong understanding of revenue recognition and order process principles required

  • Experience in a deal desk, finance, contracts, sales operations, or revenue role

"Default Together" Policy at Snap: At Snap Inc. we believe that being together in person helps us build our culture faster, reinforce our values, and serve our community, customers and partners better through dynamic collaboration. To reflect this, we practice a “default together” approach and expect our team members to work in an office at least 80% of the time (an average of 4 days per week). For roles with remote consideration: Remote team members still are expected to travel for mandatory in-person gatherings and to fulfill business needs, at least 4 to 6 times per year. 

If you are not based in the same location(s) listed for this role and are open to relocation, we encourage you to apply to take advantage of our generous relocation policy. 

At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. EOE, including disability/vets. If you have a disability or special need that requires accommodation, please don’t be shy and contact us at [email protected].

Our Benefits: Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid parental leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success!

If you have a disability or special need that requires accommodation, please don’t be shy and provide us some information.

"Default Together" Policy at Snap: At Snap Inc. we believe that being together in person helps us build our culture faster, reinforce our values, and serve our community, customers and partners better through dynamic collaboration. To reflect this, we practice a “default together” approach and expect our team members to work in an office 4+ days per week. 

At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. EOE, including disability/vets.

Our Benefits: Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid parental leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success!

Compensation

In the United States, work locations are assigned a pay zone which determines the salary range for the position. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. The starting pay may be negotiable within the salary range for the position. These pay zones may be modified in the future.

Zone A (CA, WA, NYC):

The base salary range for this position is $138,000-$207,000 annually.


 

Zone B:

The base salary range for this position is $131,000-$197,000 annually.

Zone C:

The base salary range for this position is $117,000-$176,000 annually.

This position is eligible for equity in the form of RSUs.