Full-Time

Senior Manager

Accounting

Posted on 2/4/2025

Promise

Promise

51-200 employees

Software solutions for government-citizen interactions

No salary listed

Senior

No H1B Sponsorship

Oakland, CA, USA

Candidates must reside in the US.

US Citizenship Required

Category
Financial Accounting
Management Accounting
Payroll Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting or finance
  • Excellent working knowledge of US GAAP
  • Proven accounting manager level experience within a SaaS environment, ideally in a Series B or larger startup
  • Strong capabilities in using financial software and platforms, with a particular proficiency in Google Sheets.
  • Proven ability to oversee and improve accounting operations, policies, and controls in a scaling organization
  • Excellent communication skills to effectively collaborate with internal teams and stakeholders, ensuring clear understanding and implementation of financial policies and strategies.
Responsibilities
  • Oversee the monthly and yearly close process, including preparation and/or review of: journal entries, account reconciliations, flux analysis, and financial reporting package.
  • Supervise comprehensive accounting activities including order to cash, payroll, accounts payable, and GL management to ensure accuracy and timeliness in financial reporting.
  • Provide technical accounting subject matter expertise on the treatment of accounting transactions and related financial reporting requirements to any areas as needed, but specifically in relation to revenue and capitalized software.
  • Prepare for and assist with annual financial audits, ensuring compliance with accounting standards and regulatory requirements.
  • Assist in enhancing and maintaining accurate cash flow and income statement forecasting processes.
  • Develop and implement comprehensive accounting policies, controls, and procedures across the organization to strengthen financial accuracy and operational effectiveness.
  • Ensure adherence to internal financial controls and processes, and maintain compliance with financial policies and guidelines.
  • Support the research, implementation, and documentation of new and evolving accounting standards for company compliance.
  • Lead or participate in various special projects, such as system upgrades, process improvements, and new business initiatives.
  • Partner with other departments to support business initiatives, and ensure alignment with financial reporting goals.
Desired Qualifications
  • CPA (Certified Public Accountant) or CA (Chartered Accountant) credentials are preferred

Promise provides software solutions designed to enhance the interaction between governments and citizens. Their products focus on modernizing the distribution of aid and relief, making it easier for residents to access benefits like energy bill rebates and clean energy upgrades. The software simplifies the administration of these systems, ensuring that vulnerable community members receive the support they need through efficient income verification services that help reduce fraud and waste. Additionally, Promise offers the PromisePay Platform, which assists low-income households in managing public services debt, allowing utilities and government agencies to better serve their communities. What sets Promise apart from competitors is their strong emphasis on treating individuals with dignity and their commitment to security and compliance with industry standards. The goal of Promise is to create a more efficient and respectful relationship between governments and the people they serve.

Company Size

51-200

Company Stage

Series B

Total Funding

$46.8M

Headquarters

Oakland, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of digital payment solutions boosts demand for PromisePay.
  • AI-driven outreach methods enhance customer engagement in the public sector.
  • Focus on data privacy aligns with Promise's security compliance, increasing client trust.

What critics are saying

  • Competition from fintech companies could erode Promise's market share.
  • Changes in government policies may impact demand for Promise's services.
  • Economic downturns could reduce funding for programs Promise supports.

What makes Promise unique

  • Promise partners with utilities and government agencies for flexible payment options.
  • The company uses advanced technology for quick and reliable income verification services.
  • Promise's solutions are SOC 1, SOC 2, and PCI-DSS compliant, ensuring high security.

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Benefits

Hybrid Work Options

Health Insurance

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-1%
Sleeping Bear Capital
Oct 10th, 2023
Portfolio | SBC

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