The posting
Blend is a diverse team of problem solvers who believe that the world’s financial resources should be more accessible. Our cloud banking platform is used by Wells Fargo, U.S. Bank, and over 330 other financial services firms to acquire more customers, increase productivity, and deliver end-to-end digital experiences. Our software enables our customers to process an average of more than $5 billion in loans per day, making it possible for consumers to reach their financial goals faster and lead better lives. Come do work that matters.
Blend is seeking a Senior Director of Revenue Accounting to lead and scale the revenue recognition and billing and collections functions. This leader will be responsible for overseeing the end-to-end quote-to-cash process, managing a growing team, leading audit support, and partnering cross-functionally to ensure streamlined contract processing and billing workflows. The ideal candidate brings a deep understanding of complex SaaS revenue models, a strong technical accounting background specifically with ASC 606, a passion for automation and process optimization, and experience leading high-performance teams.
How You’ll Contribute:
- Lead the Company’s revenue accounting function, ensuring compliance with ASC 606.
- Lead technical accounting assessments of customer contracts, with the focus on non-standard terms, contract modifications, and multi-element arrangements.
- Maintain and evolve the Company’s revenue recognition policies and documentation.
- Ensure SOX 404(b) compliant controls are documented and operating effectively across all quote-to-cash processes.
- Serve as the primary contact for internal and external audits related to revenue and receivables, including providing audit deliverables and technical documentation.
- Lead process transformation initiatives to automate and streamline workflows, including an AI roadmap for revenue accounting.
- Collaborate with Deal Desk, Sales, Legal and FP&A to enable timely, compliant, and scalable contracting and revenue processes.
- Partner with Product, Engineering, and Deployment teams to assess impacts of new offerings on revenue recognition and operational processes.
- Own the completeness and accuracy of transaction data that drives billing and revenue, spanning across platform volume, customer-reported usage, and partner data - including the controls, reconciliations, and cross-functional collaboration that goes with it.
- Manage updates to Blend’s standalone selling price analysis and transaction price allocation methodologies.
- Oversee the billings and collections function, ensuring accurate, timely, and complete invoicing and cash application, and own the reporting that comes out of it — AR aging and reserves, unbilled and deferred revenue balances, and collections metrics such as DSO.
- Guide monthly and quarterly revenue close processes, overseeing revenue recognition entries, flux analysis, internal reporting, and external revenue-related disclosures.
- Lead, coach, and mentor a team of revenue and billing professionals with a focus on professional growth and high performance.
Required Qualifications:
- Bachelor’s degree in Accounting or Finance; CPA strongly preferred.
- 12+ years of progressive experience in revenue accounting and billing/collections, including 5+ years in a leadership role.
- Deep expertise in ASC 606, including experience reviewing complex SaaS and subscription-based contracts.
- Proven experience leading order-to-cash processes and managing billing and AR operations.
- Experience in a public company environment, including SOX compliance and external audit.
- Strong systems knowledge (e.g., NetSuite, Salesforce, CPQ, Zuora, or similar platforms).
- A track record of process automation within revenue accounting, with a passion for applying AI to accounting workflows.
- Exceptional communication and interpersonal skills to collaborate with internal and external stakeholders and influence outcomes.
- Must be able to operate as a player-coach in a lean, fast-moving environment
At Blend, we are committed to offering a competitive compensation package.
To comply with local legislation, as well as to provide greater transparency to candidates, we share base pay ranges on all job postings regardless of desired hiring location. Final base pay offer amounts will vary depending on multiple factors, including but not limited to function, level, geographic location, job related knowledge, skills, and experience. Beyond base pay, Blends benefits and perks are described below.
Compensation:
- Base Salary Range: $200,000 to $225,000 (This applies to full time hires. Final offer determined by multiple factors, including but not limited to function, level, geographic location, job related knowledge, skills, and experience.)
- Bonus: Eligibility is contingent upon both company performance against established goals and achievement of individual performance objectives.
- Equity: Meaningful Restricted Stock Units in public company stock (NYSE: BLND) so you share in Blend’s long-term growth and success.
Our Benefits at a Glance
We offer a comprehensive and competitive benefits package designed to support your health and work-life balance.
Health & Wellbeing
- We offer medical, dental, and vision benefits, with a generous employer contribution that helps keep your medical insurance costs low.
- Company-paid life, short-term, and long-term disability coverage
- Generous PTO, holidays, and maternity/parental leave
- Employee Assistance Program (EAP): mental health, legal, childcare & eldercare, financial planning, college search, and more
- Voluntary benefits: accident, critical illness, hospital indemnity, identity theft, and legal insurance
- Monthly wellness stipend for fitness, mental health, and well-being
- Additional perks: Milk Stork, pet insurance, and paid volunteer time off
Growth & Future
- 401(k) retirement plan with company match
- Pre-tax savings: healthcare & dependent care FSAs, Limited Purpose FSA, and HSA
