Sr. Revenue Accountant

InStride · Los Angeles, CA

Company

InStride

Location

Los Angeles, CA

Type

Full Time

Job Description

InStride is a tech-enabled services company that is pioneering new approaches to workforce education solutions with a mission of driving meaningful social and business outcomes by unlocking access to life-changing education. In collaboration with quality academic institutions, we enable employers to provide career-aligned, debt-free education through a personalized, digital platform and a consultative service model.

 

Read further to see how you can be part of the movement to drive businesses and society forward through life-changing, best-in-class workforce education.

Role Overview

InStride is looking for an experienced Senior Revenue Accountant to support our growing academic partner and corporate partner network. This role will be critical as we enable scalable business growth and to streamline our partner and learner experiences. 

The Senior Revenue Accountant will be responsible for developing revenue calculations, reviewing new corporate partner contracts to help evaluate revenue recognition, and continue to improve the automation of our revenue calculations.  

The Senior Revenue Accountant will also support the successful design, implementation, and enforcement of billing processes, systems, policies, and procedures to bring maximum value to InStride and its partners. This includes identifying ways to increase efficiency, onboarding and managing billing relationships, and ensuring timely communication and collections. The Senior Revenue Accountant will also record related revenue and costs of revenue in our accounting systems and perform regular reconciliations to ensure both accuracy and compliance.

This position is highly visible and requires superior accounting knowledge and the ability to prioritize, plan, and execute in a fast-paced environment. The Senior Revenue Accountant requires a continuous improvement and solution-oriented mindset, as well as a willingness to take ownership and drive change. Candidates must be prepared to work in a fun, high growth, and dynamic company. 

Key Responsibilities

  • Manage the completion, accuracy, and timeliness of complex day-to-day billing operations.
  • Analyze contracts and billing information to ensure an accurate understanding of evolving relationships and requirements and the proper setup of billing operations
  • Prepare revenue and cost entries in compliance with internal accounting policies and US GAAP.
  • Lead month-end closing of billing on a timely basis so that the financial close timeline is not adversely impacted.
  • Plan for the scalability of billing operations as the company continues to grow
  • Proactively seek and provide recommendations to improve existing billing processes, systems, training needs, and resources.
  • Implement best practices and develop, execute, and enforce AR policies and procedures. Stay up-to-date with industry trends and engage in continuous learning.
  • Represent the company as a leader in billing presentations and discussions with partners.
  • Be the point of contact and work cross-functionally with internal and external teams on various billing-related issues and workflows.
  • Coordinate with FP&A to assist with billing budget and forecast revisions.
  • Assist with annual audit and tax engagements.
  • Complete special requests and ad-hoc projects, as needed.

Ideal Profile

  • 3-5+ years prior work experience in Accounting, Finance, or related fields
  • Understanding of current US GAAP standards, including ASC 606
  • Demonstrated history of managing, automating, and scaling revenue and billing processes and procedures
  • A track record of collaborating with cross-functional departments to support scalable and efficient processes
  • Experience with NetSuite or similar ERPs
  • Able to effectively prioritize, meet established goals, and perform in a fast and dynamic environment
  • Able to maintain confidentiality of information and exercise good judgment
  • Excellent interpersonal and communication skills, both written and verbal. We value candidates who are experienced collaborators and strong team players.
  • Adaptable and comfortable in a growing and flexible company
  • Meticulous attention to detail and excellent critical thinking
  • Experience innovating and solving complex problems
  • A strong sense of ownership and accountability
  • Excited by the challenge of building a world-class business that delivers not only high revenue growth and compelling return on investment, but also has a meaningful impact on society
  • High EQ, comfort with ambiguity and a “no job too small” startup mentality
  • Bachelor’s degree in accounting, finance, or related fields, preferred
  • A strong work ethic and desire to continually grow and develop professionally
  • CPA and Big4 audit experience are a plus

Target base compensation amount for this role outlined below. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts shown below.

$75,000—$95,000 USD

We believe that a company’s richest resource is their employees, and that investments in people yield the highest returns for individuals, businesses, and society as a whole. That’s why every InStride employee is eligible to enroll in 3,100+ online certificate and degree programs through our Step Forward program. Unlike traditional tuition reimbursement programs, InStride covers your tuition upfront, regardless of your course of study, degree type, or school. The Step Forward program, along with InStride’s best-in-class employee benefits, are available to all employees from the day they join InStride. 
InStride is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, ethnicity, religious creed, color, national origin, ancestry, gender (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, sexual orientation, marital status, age, status as a protected veteran, status as an individual with a disability, medical condition, or any other category protected by applicable federal and state law, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance relating to an applicant's criminal history.

 

We will ensure that individuals with disabilities are provided a reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please discuss your requested accommodation with our HRBP.

 

Effective November 1, 2021, all new hires must be fully vaccinated against the COVID-19 virus unless they have been granted a reasonable accommodation. If you are offered employment, this requirement must be met by your date of hire, unless a reasonable accommodation is approved by the People & Talent team in writing.

 

For questions on how we use personal information of job applicants, please refer to InStride's Job Applicant Privacy Policy.

 

Beware of recruiting scams. InStride does not require a financial transaction or any financial account information to be eligible for employment. If you receive a message purporting to be from InStride asking you for a financial transaction, your financial account information, or any other sensitive information, please do not respond and let us know immediately at [email protected].

Apply Now

Date Posted

11/18/2023

Views

10

Back to Job Listings Add To Job List Company Profile View Company Reviews
Positive
Subjectivity Score: 0.9