Full-Time

Revenue Accounting Manager

Confirmed live in the last 24 hours

ID.me

ID.me

1,001-5,000 employees

Digital identity verification for secure access

Government & Public Sector
Cybersecurity
Healthcare

Compensation Overview

$115k - $150kAnnually

Mid

New York, NY, USA

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
NetSuite
Salesforce
Requirements
  • Bachelor’s degree in Accounting or Finance
  • 4+ years of Big 4 (or similar) public accounting experience
  • Experience with SaaS revenue transactions and adhering to ASC 606 accounting guidance
  • Advanced Excel capabilities & the ability to work with, manipulate & organize large data sets
  • Strong accountability, organization, and attention to detail
  • Self-motivated with the ability to work independently and thrive while also contributing to team KPIs and objectives
  • Ability to effectively operate in a fast-paced environment and adapt to change
  • Strong interpersonal, communication, and messaging skills
  • CPA preferred
  • Experience with the high-growth SaaS/Technology industry
  • Excellent knowledge of financial systems (ERP, NetSuite, NetSuite ARM, Salesforce)
  • Experience scaling revenue and accounts receivable operations
Responsibilities
  • supporting the Company’s day-to-day revenue accounting operations by ASC 606
  • processing monthly revenue, deferred revenue, and accounts receivable journal entries
  • account reconciliations
  • monthly fluctuation analyses
  • partnering cross-functionally as an expert in revenue accounting
  • Review customer contracts & Salesforce opportunities for completeness and accuracy to determine appropriate revenue recognition by GAAP / ASC 606 and lead the preparation of accounting memos supporting revenue positions
  • Manage segments of the month-end revenue close process, including creating journal entries and reconciliations, maintaining deferred revenue and revenue by customer/vertical schedules, and conducting MoM flux analyses
  • Provide insight and leadership, driving continual process improvements for scalability to meet the requirements of a pre-IPO company
  • Support maintaining ASC 606 revenue sub-ledger, including subscription, professional services, and billing sub-ledgers
  • Assist with on-going projects for streamlining and automating the revenue recognition and month-end close processes
  • Partner with the Sales and Revenue Operations teams to comply with internal policies
  • Conduct periodic reviews and assessments of revenue recognition processes and controls, identifying areas for improvement and implementing solutions to enhance efficiency and effectiveness
  • Support external audits by providing documentation and explanations related to revenue recognition, deferred revenue, and accounts receivable
  • provide ad hoc analysis and support for general financial operations to support business and any other special projects

ID.me provides a platform for digital identity verification, allowing individuals to prove and share their identity online securely. Users create a verified digital identity that can be used to access various services and discounts from partner companies. This process is particularly important for sectors like e-commerce, healthcare, government services, and education, where secure identity verification is essential. ID.me differentiates itself by focusing on a wide range of clients, including military personnel, first responders, students, teachers, and medical professionals, ensuring that only eligible individuals receive specific discounts or access to services. The company's goal is to enhance security and reduce fraud in online transactions while helping businesses build trust with their customers.

Company Stage

Series D

Total Funding

$279.5M

Headquarters

McLean, Virginia

Founded

2010

Growth & Insights
Headcount

6 month growth

4%

1 year growth

16%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Reaching 50 million verified users demonstrates ID.me's significant market penetration and trust among consumers.
  • Partnerships with major brands like 7-Eleven and Chipotle highlight the company's ability to secure high-profile collaborations.
  • The company's role in reducing fraud and enhancing security in critical sectors like healthcare and government services positions it for sustained growth.

What critics are saying

  • The rise in sophisticated identity scams, driven by generative AI, poses a significant threat to ID.me's security measures.
  • Dependence on partnerships for revenue means that any loss of major partners could impact financial stability.

What makes ID.me unique

  • ID.me focuses on a wide range of sectors including military, healthcare, and government, unlike competitors who may specialize in fewer areas.
  • Their platform offers a reusable, portable credential that simplifies access to multiple services, reducing user friction and enhancing security.
  • ID.me's adherence to NIST Identity Assurance Level 2 standards provides a high level of trust and compliance, distinguishing it from less rigorous competitors.

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