ABOUT BESTOW
Bestow is a leading insurance technology platform serving some of the world's largest and most innovative life insurers. We are on a mission to increase financial stability for everyone. Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote (contiguous 48 only)/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity.Bestow participates in the E-Verify Program.
ABOUT THE TEAM
Bestow’s finance team plays a crucial role in ensuring the financial stability and success of the organization. It manages and optimizes the company's financial resources and enables effective decision-making and sustainable growth. Finance comprises various teams, including accounting, budgeting, and strategic planning, providing financial insights and support to facilitate all operations.
ABOUT THE ROLE
Bestow is seeking an experienced Revenue Accounting Manager to join our team. Reporting to the Controller, you will be integral in implementing processes and systems of scale and ensuring accurate technical accounting and compliance as we expand our enterprise business. Your responsibilities will include managing billing operations, providing accurate revenue accounting, and delivering on audit and compliance requirements. The ideal candidate takes a hands-on approach, leveraging SaaS revenue accounting expertise and cross-functional collaboration to ensure accurate financial reporting, audit readiness, and operational excellence.This role reports to our Controller and is open to Remote (US) #LIREMOTE You will contribute In the following ways:
- Lead monthly revenue close process. Oversee reconciliations of revenue-related accounts and ensure GAAP-compliant financial reporting.
- Stay current on revenue recognition guidance and compliance
- Serve as a partner to our cross-functional teams, including Sales, Revenue Operations, Legal, and Strategic Finance
- Provide education and guidance in contract negotiations to enable strategic decision-making while addressing financial and accounting considerations.
- Review customer contracts and ensure timely and accurate invoicing and revenue accounting in line with ASC 606.
- Analyze large and complex revenue transactions and provide appropriate revenue guidance.
- Develop and maintain revenue policies and process documentation
- Establish internal controls over revenue processes and financial reporting.
- Support revenue compliance requirements, including the SOC1 and financial statement audits and tax compliance.
- Drive continuous improvement in our revenue accounting operations and systems.
ABOUT YOU
- CPA with 5+ years of accounting experience, public company or fast-growing environment preferred
- Proficiency in SaaS revenue accounting under U.S. GAAP.
- Demonstrated leadership, including in mentoring teams.
- Experience with implementing processes and systems related to revenue operations and accounting
- Excellent communication and project management skills
$100,000 - $150,000 a yearStarting compensation may vary based on geographic location, work experience, and skills.
TOTAL REWARDS
At Bestow, we’re proud to be awarded for our team members, innovative products, and culture. Our standard benefits include:Competitive salary and equity based on rolePolicies and managers that support work/life balance, like our flexible paid time off and parental leave programs 100% paid-premium option for medical, dental, and vision insuranceLifestyle stipend to support your physical, emotional, and financial wellbeingFlexible work-from-home policy and open to remoteRemote and WFH options, as well as a beautiful, state-of-the-art office in Dallas’ Deep Ellum, for those who prefer an office settingEmployee-led diversity, equity, and inclusion initiativesRecent Employer Awards include:Best Place for Working Parents 2023Great Place to Work Certified, 2022 + 2023 + 2024Built In Best Places to Work, 2022 + 2023Fortune’s Best Workplaces in Texas 2022 + 2023Fortune’s Best Workplaces in Financial Services and Insurance 2022 + 2023We value diversity at Bestow.
The company will recruit, hire, and promote regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, pregnancy or maternity, veteran status, or any other status protected by applicable law. We understand the importance of creating a safe and comfortable work environment and encourage individualism and authenticity in every team member. Thanks for considering a job at Bestow.Apply for this job
