Full-Time

Sr Manager

Revenue Accounting

Posted on 11/16/2024

Bill.com

Bill.com

1,001-5,000 employees

Financial platform for managing business operations

Fintech
Financial Services

Compensation Overview

$128.2k - $160kAnnually

+ Bonus + Equity Plan

Senior

Draper, UT, USA

Position may require in-office presence in Draper, UT or San Jose, CA.

Category
Cost Accounting
Financial Accounting
Tax Accounting
Accounting
Requirements
  • Experience managing and developing individuals with an ability to influence, train, mentor and leverage the skills of others to achieve objectives
  • Experience in the payments technology industry
  • 6+ years of experience in a combination of public accounting (top tier) and publicly traded company with heavy involvement in auditing and performing SOX controls
  • Polished communication skills, including an ability to listen to the needs of the business units, research and comprehend complex matters, articulate issues in a clear and simplified manner, and present findings and recommendations in both oral and written presentations
  • Bachelor’s degree in accounting, finance, or related field
  • Strong background in accounting operations and/or technical accounting.
  • Track record of building out new processes.
  • Experience in cross-functional collaboration.
  • The ability to deal with rapidly changing internal and external environments
  • Ability to simultaneously manage multiple projects, priorities and complete objectives on time
Responsibilities
  • Guide, mentor and manage team members
  • Ensure compliance with GAAP requirements and SOX controls
  • Drive continuous scalability, automation and efficiency through collaboration with our finance systems and accounting transformation teams
  • Develop and maintain strong collaborative working relationships with other departments, such as Customer Success, Legal, Product, Sales, FP&A, Accounting, Treasury and Tax
  • Provide input on structuring customer and partner arrangements
  • Review customer and partner arrangements for proper revenue recognition in accordance with company policy and accounting standards
  • Stay current on new revenue accounting rules, including ASC 606, and oversee the drafting of policies and technical accounting memos
  • Review revenue and other balance sheet account reconciliations and approve journal entries, as needed
  • Ensure the integrity of key processes by understanding systems, flow of transactions, internal controls, and recommending efficiency improvements
  • Liaison with external and internal auditors, along with supporting documentation for the quarterly reviews and year-end audits

Bill.com provides a platform for businesses to manage their financial operations, including bill creation and payment, invoicing, expense management, and budget control. The platform automates tasks related to accounts payable and receivable, making financial processes more efficient and transparent. Unlike many competitors, Bill.com also offers access to credit lines, ranging from $500 to $5 million, along with its software services. The company aims to streamline financial management for small to medium-sized businesses and accounting firms, generating revenue through subscription fees and transaction fees for payments made on the platform.

Company Stage

IPO

Total Funding

$337.6M

Headquarters

San Jose, California

Founded

2006

Growth & Insights
Headcount

6 month growth

2%

1 year growth

1%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for integrated financial solutions among SMBs boosts Bill.com's market potential.
  • The addition of a 1099 filing solution enhances Bill.com's platform value.
  • Strong investor confidence is shown by the $1.25 billion convertible notes offering.

What critics are saying

  • Emerging fintech startups pose a threat to Bill.com's market share.
  • Upcoming FinCEN regulations may increase compliance costs for Bill.com.
  • Slow AI adoption in finance could limit Bill.com's competitive advantage.

What makes Bill.com unique

  • Bill.com offers a comprehensive platform for financial operations management.
  • The company integrates AI to enhance efficiency and reduce processing times.
  • Bill.com provides access to credit lines, enhancing its financial service offerings.

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Benefits

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

INACTIVE