Director, Revenue Recognition jobs in United States
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Restaurant365 · 3 months ago

Director, Revenue Recognition

Restaurant365 is a SaaS company disrupting the restaurant industry by providing a centralized solution for accounting and back-office operations. They are seeking a Director of Revenue Recognition to lead critical accounting functions, ensure compliance with accounting standards, and support accurate financial reporting.

AccountingProductivity ToolsRestaurantsSaaSSoftware

Responsibilities

Oversee the end-to-end revenue recognition process, ensuring compliance with ASC 606 and other applicable accounting standards; partner with Sales, Operations, and Legal teams to review contracts and identify revenue implications; monitor deferred revenue, accruals, and reconciliations to ensure accuracy and completeness; drive improvements in revenue forecasting, reporting, and analysis
Manage cash flow, banking relationships, and liquidity to support business operations and growth; oversee daily cash operations, including disbursements, investments, and account reconciliations; develop and maintain cash flow forecasting models; optimize treasury policies, banking structures, and controls to reduce risk and improve efficiency
Lead administration of commission plans, ensuring timely and accurate calculations, accruals, and payments; collaborate with Sales Operations and HR to review plan structures and ensure compliance with policies; provide analysis and reporting to leadership on commission trends, costs, and alignment with company goals; implement systems and process improvements to enhance transparency and reduce errors
Manage and mentor accounting staff, fostering a culture of accountability, accuracy, and continuous improvement; partner with FP&A, Sales, and Executive leadership to provide insights into revenue, cash flow, and compensation impacts; support external audit, tax, and compliance requirements related to revenue, treasury, and compensation; drive process automation and system enhancements to strengthen internal controls and streamline reporting

Qualification

Revenue recognitionGAAP knowledgeASC 606 complianceTreasury managementERP systems proficiencyAnalytical skillsProblem-solving skillsCommunication skillsLeadership

Required

Bachelor's degree in Accounting, Finance, or related field (CPA preferred)
8+ years of progressive accounting/finance experience, incl. at least 2 years in a management role
Strong knowledge of GAAP, ASC 606, and revenue recognition principles
Proficiency with ERP systems (Intacct preferred) and financial reporting tools
Excellent analytical, problem-solving, and communication skills

Preferred

Experience managing treasury operations and commission structures

Benefits

Comprehensive medical benefits, 100% paid for employee
401k + matching
Equity Option Grant
Unlimited PTO + Company holidays
Wellness initiatives

Company

Restaurant365

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Restaurant365 is an enterprise management software for restaurants that provides accounting, inventory, scheduling, and payroll solutions.

Funding

Current Stage
Late Stage
Total Funding
$437.5M
Key Investors
ICONIQ GrowthBessemer Venture Partners
2024-05-15Private Equity· $175M
2023-05-19Private Equity· $135M
2019-06-27Series C· $88M

Leadership Team

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Morgan Harris
Co-Founder
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Kate Kemp
Chief People Officer
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Company data provided by crunchbase