Job Description
Bloomreach is the worldâs #1 Commerce Experience Cloud, empowering brands to deliver customer journeys so personalized, they feel like magic. It offers a suite of products that drive true personalization and digital commerce growth, including:
- Discovery, offering AI-driven search and merchandising
- Content, offering a headless CMS
- Engagement, offering a leading CDP and marketing automation solutions
Together, these solutions combine the power of unified customer and product data with the speed and scale of AI optimization, enabling revenue-driving digital commerce experiences that convert on any channel and every journey. Bloomreach serves over 850 global brands including Albertsons, Bosch, Puma, FC Bayern MĂźnchen, and Marks & Spencer. Bloomreach recently raised $175 million in a Series F funding round, bringing its total valuation to $2.2 billion. The investment was led by Goldman Sachs Asset Management with participation from Bain Capital Ventures and Sixth Street Growth. For more information, visit Bloomreach.com.
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We are looking for Manager, Revenue Accounting, to join our Quote-to-Cash team and play a key role for end-to-end processing and system efficiencies to recognize revenue. You will help us re-design and document our revenue processes and procedures, and drive projects to improve efficiencies for best-in-class revenue recognition processing. The work you do will improve revenue transaction processing, implement SOX controls and shorten monthly close time for revenue accounting. Your work will also impact cross-functional teams related to forecasting, pricing, deal closure and financial reporting.Â
Your job will be to:a. Drive Revenue Accounting Close Processes
- Drive revenue accounting close activities related to revenue, deferred revenue and unbilled receivables, producing an efficient revenue close cycle while maintaining effective internal controls
- Identify and resolve revenue related issues promptly
- Manage deferred revenue schedules and other revenue related month end reconciliations
- Generate monthly revenue reports, analyses, and KPIs
- Work closely with external auditors to support the Companyâs annual audit
- Prepare revenue, deferred revenue and accounts receivable related disclosures on the Companyâs annual financial statements
b. Drive Revenue Accounting Procedures, Systems and Tools
- Collaborate across all Quote-to-Cash functions for improvements in processes and converting manual work to more efficient methods and/or changes in our systems and tools
- Implement process improvements for the revenue accounting function to be more efficient, accurate and timely
- Design or modify existing process checklists to align with controls and process efficiencies
c. Manage SOX readiness initiatives
- Assist with designing and documenting internal controls for testing and compliance under Sarbanes-Oxley Act (SOX) Section 404
- Implement SOX control testing for all Quote-to-Cash team members
d. Manage a team of 2 revenue accountants
- Coordinate your team members to work towards a common goal
- Allocate resources and assign responsibilities
- Take responsibility for the personal development and training of your team members
Professional experience
- BA/BS degree in Accounting, Finance or related fields
- CPA certification or equivalent practical experience
- 2+ years with a Big 4 or mid-tier public accounting firm or 5+ years of experience in corporate revenue accounting
- 3+ yearsâ experience managing revenue accounting with an accelerated growth public or pre-IPO company in the software or technology industry
- Technical revenue accounting background (ASC 606) and experience on applying revenue recognition topics for software companies
- Knowledge of strong internal control environments, preferably within the software industry and including experience with SaaS revenue streams
- Experience using Salesforce, NetSuite and NetSuite ARM preferred, experience with similar revenue accounting systems accepted
- Intermediate to Advanced Excel skills related to accounting data
- Motivation and willingness to work on time-sensitive close deadlines and projects
- Independence and self-organization to navigate you through your day
- High integrity, excellent organizational skills and ability to analyze, plan, prioritize and execute resourcefully on multiple, simultaneous activities
- Collaborate with team members, maintaining a positive attitude
- Effectively prioritize tasks in a deadline-oriented and fast-paced setting
- Fluency in English and exceptional communication skills for collaborating with cross-functional teams
The base salary range for this position is $125,000-$155,000. The pay range actually offered will take into account a variety of potential factors considered in compensation, including but not limited to skills, qualifications, geographic location, accomplishments, experience, credentials, internal equity and business needs, and may vary from the range listed above.
Regional Benefits:- Health care including medical, dental, and vision insurance
- 401k Plan with employer contribution
A great deal of freedom and trust. At Bloomreach we donât clock in and out, and we have neither corporate rules nor long approval processes. This freedom goes hand in hand with responsibility. We are interested in results from day one.Â
We have defined our 5 values and the 10 underlying key behaviors that we strongly believe in. We can only succeed if everyone lives these behaviors day to day. We've embedded them in our processes like recruitment, onboarding, feedback, personal development, performance review and internal communication.Â
We believe in flexible working hours to accommodate your working style.
We work remote-first with several Bloomreach Hubs available across three continents.
We organize company events to experience the global spirit of the company and get excited about what's ahead.
- We encourage and support our employees to engage in volunteering activities - every Bloomreacher can take 5 paid days off to volunteer*.
The Bloomreach Glassdoor page elaborates on our stellar 4.6/5 rating. The Bloomreach Comparably page Culture score is even higher at 4.9/5
We have a People Development Program -- participating in personal development workshops on various topics run by experts from inside the company. We are continuously developing & updating competency maps for select functions.
- Our resident communication coach Ivo VeÄeĹa is available to help navigate work-related communications & decision-making challenges.*
Our managers are strongly encouraged to participate in the Leader Development Program to develop in the areas we consider essential for any leader. The program includes regular comprehensive feedback, consultations with a coach and follow-up check-ins.
Bloomreachers utilize the $1,500 professional education budget on an annual basis to purchase education products (books, courses, certifications, etc.)*
The Employee Assistance Program -- with counselors -- is available for non-work-related challenges.*
Subscription to Calm - sleep and meditation app.*
We organize âDisConnectâ days where Bloomreachers globally enjoy one additional day off each quarter, allowing us to unwind together and focus on activities away from the screen with our loved ones.
We facilitate sports, yoga, and meditation opportunities for each other.
Restricted Stock Units or Stock Options are granted depending on a team memberâs role, seniority, and location.*
Everyone gets to participate in the company's success through the company performance bonus.*
We offer an employee referral bonus of up to $3,000 paid out immediately after the new hire starts.
We celebrate work anniversaries -- Bloomversaries!*
(*Subject to employment type. Interns are exempt from marked benefits, usually for the first 6 months.)
If this position doesn't suit you, but you know someone who might be a great fit, share it - we will be very grateful!
Any unsolicited resumes/candidate profiles submitted through our website or to personal email accounts of employees of Bloomreach are considered property of Bloomreach and are not subject to payment of agency fees.
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Date Posted
08/02/2023
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