Director, Revenue Accounting

October 23

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Logo of Payscale

Payscale

HR Tech • SaaS • Data

Payscale is a compensation data and software company that provides cloud-based compensation management solutions to HR leaders and compensation teams. Their products (Marketpay, Payfactors, Paycycle) combine proprietary pay data (over 250 billion data points) and AI-powered analytics to deliver market pricing, pay equity, compensation planning, and pay transparency tools for organizations of all sizes. Payscale offers services including customer success, implementation, managed services, and training; they produce research reports, surveys, and tools (salary research, cost-of-living calculator) to support data-driven pay decisions. The company serves enterprise and global clients, including Fortune 500 companies, and supports both employers and job seekers with compensation insights.

501 - 1000 employees

Founded 2002

👥 HR Tech

☁️ SaaS

💰 $7M Venture Round on 2011-07

📋 Description

• Maintain revenue accounting principles, practices, and procedures to ensure compliance with U.S. GAAP requirements (ASC 606). • Lead the monthly revenue close process including deal approval in Salesforce, journal entry preparation/review, and account reconciliation including deferred revenue, and accounts receivable. • Work closely and collaboratively with Sales, Sales Operations and Legal to proactively ensure a high level of integrity around revenue recognition. This includes reviewing contracts, order forms, and statements of work to identify appropriate billing and revenue recognition. • Approve non-standard deal structures to ensure proper revenue recognition while maintaining scalable billing operations. • Prepare monthly KPIs related to deal structure, revenue recognition and billing. • Enhance policies and processes over the orders-to-cash lifecycle. • Provide ad-hoc analysis for revenue and customer-related data for various product offerings. • Initiate business processes and financial system improvements. • Coordinate with the FP&A team to forecast revenue and billings in future periods • Be the lead point of contact for the external auditors for all revenue related inquiries • Manage the team of eight professionals, comprising of four in Revenue Accounting and four in the Collection team.

🎯 Requirements

• Bachelor’s degree in accounting of finance strongly preferred. • 8+ years of accounting and revenue accounting experience. • CPA and public accounting or working for a public company preferred. • Ability to work in multiple systems and quickly move from one system to another. Interest and aptitude handling a high volume of data processing. • Understanding of GAAP and related revenue recognition concepts. • Well-developed problem-solving, mathematical, and analytical skills. • Able to discern alternatives, make objective recommendations, and understand how to work with other business groups to accomplish goals. • Excellent communication skills in dealing with external and internal customers including upper levels of management. • Experience with NetSuite (or similar ERP system) and Salesforce. • Experience with billing systems such as Recurly or Zuora preferred.

🏖️ Benefits

• Flexible paid time off, giving you the opportunity to rest, relax and recharge away from work • 14 Paid Company Holidays, includes 2 floating holidays (you choose!) • A comprehensive benefits plan including medical, dental, life, vision, disability, and life insurance covered up to 100% by Payscale • Unlimited infertility coverage benefits through our medical plans • Additional supplemental health benefits offered to you and your family • 401(k) retirement program with a fully vested immediate company match • 16 weeks of paid parental leave for birthing and non-birthing parents • Health Savings Account (HSA) options and company contributions each pay period • Flexible Spending Account (FSA) options for pre-tax employee allocations • Annual remote work stipend to be used on wellness or home office equipment

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