Simplify Logo

Full-Time

Senior Revenue Accountant

Updated on 10/1/2024

Fetch

Fetch

501-1,000 employees

On-demand delivery service for local products

Consumer Goods
Social Impact
Automotive & Transportation

Compensation Overview

$110k - $130kAnnually

+ Equity

Senior, Expert

Remote in USA

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Required Skills
NetSuite
Salesforce
Requirements
  • 5+ years of progressive accounting experience
  • 3+ years of operational accounting experience within a high-growth environment, preferably in public or large pre-IPO companies
  • A background in Big 4 audit or startup environments
  • Strong understanding of revenue recognition principles, exceptional analytical skills, ability to handle large volumes of data, and the ability to work effectively in a fast-paced, dynamic environment with strong teamwork skills
  • Experience with the Order to Cash (O2C) process
  • CPA certification and in-depth understanding of ASC 606 revenue recognition standards
  • Experience with NetSuite, including the Advanced Revenue Management (ARM) module, and Salesforce, with a strong understanding of how these systems integrate with revenue recognition processes
  • Demonstrated ability to excel in dynamic environments, adeptly managing multiple tasks, priorities, and deadlines
  • A self-starter with a history of identifying and implementing process improvements to enhance accuracy and timeliness of close
  • Strong collaboration skills to work effectively with Finance Data, Billing Operations, Deal Desk, and Product teams, to maintain revenue recognition systems to ensure GAAP and SOX compliance
  • Solid business acumen and the ability to analyze information from internal and cross-functional teams to assess the need for and execution of manual and/or systematic accounting entries
  • Advanced analytical and Data skills, has experience working with large volumes of accounting data, and can investigate revenue discrepancies and drive systemic improvements
  • Quick to adapt to new systems and processes, contributing to the continuous improvement and development of a world-class Accounting organization
  • Strong written and verbal communication skills
Responsibilities
  • Analyze and interpret complex contracts to determine appropriate revenue recognition treatment in accordance with ASC 606
  • Perform and review daily operational revenue transactions and processes and monthly financial statements for internal review
  • Assist in the preparation of monthly, quarterly, and annual financial reports and key KPI analysis
  • Develop, maintain, and document internal controls and develop new controls as the Company continues to expand and evolve
  • Develop analyses and reporting surrounding Fetch’s rewards points
  • Partner with Sales, Legal and GTM teams to proactively review new contract negotiations and determine revenue recognition impact
  • Prepare journal entries and account reconciliations for all revenue-based accounts
  • Participate in interactions with external auditors related to revenue-based accounts
  • Assist in researching and documenting various accounting topics
  • Perform hands-on monthly processes per accounting’s close schedule
  • Collaborate with FP&A on budget vs. actuals to ensure accurate revenue forecasting and reporting, providing insights and recommendations based on revenue trends
  • Manage commission accruals and calculations, ensuring accuracy and compliance with company policies and accounting standards
  • Participate in special projects and initiatives as needed, including system upgrades and process improvements

Fetch Delivery Inc. specializes in on-demand delivery services for individual consumers and local businesses in Santa Fe, NM, and Boulder, CO. Customers can order a variety of products, including groceries, pharmacy items, meals, pet supplies, home goods, and more, sourced from hundreds of local businesses. Once an order is placed, Fetch's drivers pick up the items and deliver them directly to the customer's doorstep. The company charges delivery fees for each order and offers promotional discounts to attract new users. Fetch also provides local businesses with a platform to reach more customers without managing their own delivery logistics. Additionally, Fetch offers flexible earning opportunities for drivers, allowing them to work on their own schedule. The goal of Fetch Delivery is to meet the growing consumer demand for convenience and time-saving solutions in the local delivery market.

Company Stage

Series E

Total Funding

$628.4M

Headquarters

Irvine, California

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Fetch's recent $50 million funding from Morgan Stanley indicates strong financial backing and potential for rapid expansion.
  • The company's focus on local markets and partnerships with local businesses can lead to strong community ties and customer loyalty.
  • Flexible job opportunities for drivers can attract a dedicated workforce, enhancing service reliability and customer satisfaction.

What critics are saying

  • Operating in a highly competitive market with giants like DoorDash and Instacart could limit Fetch's market share and growth potential.
  • The reliance on local businesses means that any economic downturns in these areas could directly impact Fetch's operations and revenue.

What makes Fetch unique

  • Fetch Delivery focuses on hyper-local markets like Santa Fe and Boulder, providing a personalized and community-centric service that larger competitors may overlook.
  • The company partners with a wide range of local businesses, offering a diverse product selection from groceries to hardware, which sets it apart from more specialized delivery services.
  • Fetch's flexible earning opportunities for drivers create a strong community engagement and local employment, unlike gig economy giants that often face criticism for their labor practices.

Benefits

Stock options

401k match

Medical, dental, & vision

Pet insurance

Education reimbursement

Flexible PTO

Parental leave

Flexible work schedule

Hybrid work environment