Finance Manager – Revenue Accounting

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Tonal

WebsiteLinkedInAll Job Openings

501 - 1000 employees

👥 B2C

🔧 Hardware

B2C • Fitness • Hardware

Tonal is a cutting-edge home gym system that combines technology and exercise science to offer a personalized and efficient workout experience. It provides real-time resistance adjustments and data-driven coaching to help users maximize their fitness routine. With expert coaching, personalized tracking, and a variety of energizing workouts, Tonal aims to promote strength training and overall fitness from the convenience of home. This smart gym system uses AI to deliver insights and tailor workouts, ensuring users are always challenged and motivated to improve their physical health.

📋 Description

• Own the monthly and quarterly revenue close processes, including journal entries, reconciliations, revenue analytics, deferred revenue analyses, accounts receivable reporting, and management reporting packages. • Lead revenue recognition activities in accordance with ASC 606, including contract reviews and technical accounting assessments. • Manage and conduct periodic and annual analyses of deferred revenue balances to ensure all applicable revenue is recognized timely and appropriately. • Prepare and maintain deferred revenue rollforwards and investigate aged or unusual balances. • Partner with Sales, Legal, Operations, and FP&A teams regarding customer contracts and accounting treatment. • Own the accounts receivable aging process for retail partners, including distribution of monthly aged statements and follow-up on outstanding balances. • Collaborate with retail partners and internal stakeholders to resolve billing disputes, deductions, collection issues, and payment delays. • Develop and monitor revenue metrics, deferred revenue analyses, accounts receivable aging, and working capital reporting. • Drive process improvements related to revenue and order-to-cash processes. • Support external audit requirements. • Mentor and develop junior team members.

🎯 Requirements

• Bachelor’s degree in Accounting, Finance, or related field • CPA designation preferred • 5+ years of progressive accounting experience including revenue accounting and order-to-cash processes • Strong technical accounting knowledge and understanding of ASC 606 • Experience managing deferred revenue balances and revenue realization assessments • Experience overseeing accounts receivable processes, collections, and retail partner account management • Strong understanding of billing processes, customer deductions, and working capital management • Experience operating within a high-growth environment. • Experience with NetSuite ERP required • Experience with Salesforce or similar CRM platforms required • Advanced Microsoft Excel skills including financial modeling, large data analysis, and reporting automation • Experience with revenue automation tools (NetSuite ARM, Zuora, Stripe, Chargebee, or similar) considered an asset.

🏖️ Benefits

• Health insurance • Retirement savings benefits • Life insurance • Disability benefits • Flexible paid time off • Parental leave