Full-Time

Revenue Manager

Posted on 8/15/2024

Beacon Platform

Beacon Platform

51-200 employees

Integrated platform for trading and risk management

Data & Analytics
Consulting
Financial Services

Compensation Overview

$125k - $150kAnnually

Senior

New York, NY, USA

Category
Financial Accounting
Tax Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting.
  • 7+ years of combined public and industry experience with 3+ years as a revenue specialist or manager.
  • Strong knowledge of GAAP, especially ASC 606 and ASC 340.
  • Experience with multiple-element arrangement contracts.
  • Experience of working with external auditors.
  • Strong accounting/analytical skills and attention to detail.
  • Strong attention to detail.
  • Prior experience with accounting and/or EMR systems implementation.
  • Strong ability to work cross-functionally across departments to quickly create efficient processes.
  • Ability to work in fast fast-paced environment that is ever-changing.
  • Strong practical knowledge of Microsoft Excel and other Microsoft Office solutions.
  • Experience with Sage Intacct, Avalara, and Ordway is a plus.
Responsibilities
  • Manage all aspects of the billing and accounts receivable processes including customer invoice generation, credit memo approval, bad debt analysis, sales tax calculation and submission, and collection.
  • In charge of the revenue recognition process, including preparing journal entries, balance sheet reconciliations, bad debt/allowance review, and detailed revenue account analysis.
  • Keen understanding of customer contracts and determining the treatment under ASC 606.
  • Collaborate with sales and account management on assessing new and existing contracts, monitoring project completion, and various customer-related issues.
  • Preparation of the sales commissions and deferred commissions in accordance with the company’s plan.
  • Work with product and engineering departments to ensure user and customer data is correct.
  • Streamlining customer billing and revenue cycle.
  • Collaborate with FP&A to understand and explain budget vs. actual variances.
  • Assist with annual financial statement audit and compliance reporting.
  • Help evaluate, recommend, implement, and document new financial accounting policies, procedures, financial systems, and controls.
  • Provide support to finance management and internal customers as needs arise, including ad-hoc projects.
  • Maintain Ordway (billing system) and Avalara (sales tax) systems.

Beacon Platform offers an integrated platform for trading and risk management, specifically designed for clients in the capital markets sector, such as financial institutions and trading firms. The platform unifies various products, data, analytics, and workflows, enabling clients to manage risk across all asset classes from a single interface. It operates on a software-as-a-service (SaaS) model, where clients pay a subscription fee to access the cloud-hosted platform, allowing for recurring revenue and scalability. Key features include integration with existing systems, tools for building and deploying trading applications, and customizable analytics. Additionally, Beacon provides consulting services to assist clients in developing strategies and optimizing their trading decisions based on data analysis. The goal of Beacon Platform is to enhance clients' trading and risk management capabilities through a comprehensive, user-friendly platform.

Company Stage

Series C

Total Funding

$93.9M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

4%

2 year growth

-8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for integrated trading and risk management platforms.
  • Increased interest in cloud-native solutions for scalability and flexibility.
  • Rising importance of data-driven decision-making in financial markets.

What critics are saying

  • Emerging fintech startups could erode Beacon's market share.
  • Continuous updates needed due to rapid technological advancements.
  • Potential data privacy concerns and regulatory scrutiny in the financial sector.

What makes Beacon Platform unique

  • Beacon offers a unified platform for trading and risk management.
  • The platform integrates energy market data with trading systems.
  • Beacon's cloud-native technology supports scalable and secure analytics.

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Benefits

Medical Insurance

Paid time-off

401(k) match

Employee Referral Bonus

Volunteer Time-off Program

Wellness and wellbeing initiatives

Regular social events and parties

Commuter benefits

INACTIVE