The posting
Why Join Strata Decision Technology?
At Strata, you'll have the opportunity to contribute to a mission-driven organization that is transforming healthcare finance. You'll work alongside talented professionals in a collaborative environment where innovation, accountability, and continuous improvement are highly valued. This role offers the opportunity to shape and scale the revenue accounting function while partnering with leaders across the organization to support continued growth.
How you’ll make an impact:
The Senior Manager, Revenue Accounting is responsible for leading the company's revenue accounting function, ensuring compliance with U.S. GAAP and ASC 606 while supporting the company's continued growth. This role will oversee the monthly revenue close process, maintain strong internal controls, partner closely with Sales, FP&A, and Business Operations, and provide technical accounting guidance for complex customer arrangements. This role reports to the VP of Accounting.
The ideal candidate is an experienced accounting professional with a strong background in SaaS revenue recognition, excellent people leadership skills, and the ability to improve processes in a fast-paced, high-growth environment.
Key Responsibilities:
- Lead all aspects of revenue accounting and revenue recognition in accordance with ASC 606.
- Manage the monthly, quarterly, and annual revenue close process, ensuring timely and accurate financial reporting.
- Review and interpret customer contracts to determine appropriate revenue recognition treatment.
- Partner with Sales, Deal Desk, and Legal, to evaluate non-standard contract terms and their accounting implications.
- Oversee deferred revenue, accounts receivable and the related reserves, commissions accounting, and other related balance sheet reconciliations.
- Ensure the completeness and accuracy of revenue-related journal entries and account reconciliations.
- Maintain and enhance internal controls over revenue accounting, supporting SOX compliance and audit readiness.
- Research and document technical accounting conclusions for complex transactions.
- Drive process improvements, automation initiatives, and system enhancements to improve efficiency and scalability.
- Develop, mentor, and manage 5 team members of the revenue accounting team.
- Collaborate with Finance, and IT to support company initiatives, system implementations, and business growth.
- Assist with special projects, acquisitions, and other strategic initiatives as needed.
Qualifications:
Required
- Bachelor's degree in Accounting or Finance.
- 8+ years of progressive accounting experience, including significant experience in revenue accounting.
- Strong knowledge of U.S. GAAP and ASC 606.
- Experience in a SaaS or subscription-based software company.
- Experience managing or mentoring accounting professionals.
- Excellent analytical, organizational, and problem-solving skills.
- Strong communication skills with the ability to explain technical accounting concepts to non-finance stakeholders.
Preferred
- CPA license preferred.
- NetSuite ERP experience preferred.
- Experience working in a high-growth technology environment.
- Public accounting experience (Big Four or national firm) is a plus.
Key Competencies:
- Technical accounting expertise
- Leadership and team development
- Business partnership
- Process improvement mindset
- Strong project management skills
Estimated Salary Range: $125,000 - $145,000
Actual salary will be determined based on factors including, but not limited to, skill set and level of experience. This salary range is a good faith estimate of base pay. Strata also provides discretionary variable pay programs based on role. In addition, Strata provides a comprehensive benefits package including retirement benefits, health and welfare benefits, paid time off, parental leave, life and accident insurance, and other voluntary and well-being benefits.
Find out more about Strata benefits here.
How we work: Our preferred location for open roles is Chicago, IL. We value in‑person connection and regularly host on‑campus events to create meaningful opportunities for our team to build relationships and collaborate
Thinking about applying? Research shows that women and underrepresented groups tend to apply to jobs only when they check every box on a job posting. If you’re currently reading this and hesitating to click “Apply” for that reason, we encourage you to go for it! A true passion and excitement for making an impact is just as important as work experience.
Should you require a reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please reach out to [email protected].
Here @ Strata… Our culture is driven by our people solving problems together. We embrace learning, collaboration, and continuous career growth. Together, we lift our customers, our products, our company, and our community.
We believe that each of our team member’s unique perspectives and experiences is what drives innovation and positive change. Our individual differences are what make us a more forward-thinking organization. We foster a culture of inclusion, equity and belonging, regardless of race, religion, disability, sex, sexual orientation, gender identity or national origin.
Our Core Values: While we celebrate what makes each member of our team unique, our core values are what connect us. They set clear expectations for how we approach our work and how each of us can positively influence the experience of our team and our customers.
- We connect with positive intent.
- We are helpful.
- We own it.
- We get better every day.
- We are humble.
