Soma Capital Portfolio Jobs

Director, Revenue Accounting

Rippling

Rippling

Accounting & Finance
San Francisco, CA, USA
Posted on Nov 19, 2024

About Rippling

Rippling gives businesses one place to run HR, IT, and Finance. It brings together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. For the first time ever, you can manage and automate every part of the employee lifecycle in a single system.

Take onboarding, for example. With Rippling, you can hire a new employee anywhere in the world and set up their payroll, corporate card, computer, benefits, and even third-party apps like Slack and Microsoft 365—all within 90 seconds.

Based in San Francisco, CA, Rippling has raised $1.2B from the world’s top investors—including Kleiner Perkins, Founders Fund, Sequoia, Greenoaks, and Bedrock—and was named one of America's best startup employers by Forbes.

We prioritize candidate safety. Please be aware that all official communication will only be sent from @Rippling.com addresses.

About the role

Rippling is seeking a dynamic leader in our Revenue and accounting function. The successful candidate will be responsible for managing a growing team of experienced accounting professionals, evolving the accounting processes, as Rippling delivers new solutions to our customers, and optimizing our month end close operations through programmatic automations as well as implementing new. In this role you will partner closely with a large group of cross-functional business partners from product, engineering, finance and legal to develop scalable accounting and operation solutions. You set governance and strategy in managing the accounting solutions for the dynamically evolving suite of products we offer to our customers. An independent and critical thinker, you love gleaning insights and learning from data and information, and embrace complexity and changes. You are experienced in moving fast while solving problems in a scalable way. You combine business acumen and technical accounting knowledge to provide sound advice to your business partners.

About the Team

The Accounting team is responsible for accurate financial reporting and compliance with financial policies and regulations. Our team is spread across the USA, India, UK and Ireland. Our diverse team consists of professionals spread across the United States, Ireland and India, with more international locations coming soon. Over the last couple years, our team has grown exponentially to support a complex, multi-product company that operates globally.

What you will do

  • Lead the ongoing revenue automation process, and work with IT to prioritize further potential system enhancements and development projects related to the revenue function
  • Build and coach a world-class controllership team that drives insights, design, and accounting processes that support Rippling’s revenue recognition
  • Manage an accurate and timely month-end close by driving automation solutions
  • Build deep relationships with key sales, product and engineering leadership, to support the launch of our products, including those teams responsible for our fur billing and contracting systems
  • Collaborate with the Business Development team on new partnership arrangements
  • Uphold high standards of controllership through the development, implementation and operations of internal controls
  • Develop and maintain up to date revenue recognition policies
  • Matrix management capabilities to communicate with and educate finance and non-finance personnel on revenue accounting guidance, Rippling specific policies and procedures as well as inputs on structuring of customer arrangements.
  • Develop and maintain strong collaborative working relationships across Customer Service, Legal, Product, Sales, FP&A, Accounting and Tax teams
  • Research and review technical revenue accounting memos that addresses the issue, and provide analysis and conclusions related to various customer contracts or new technical revenue pronouncements
  • Ensure the integrity of key processes by understanding systems, flow of transactions, internal controls, and recommending efficiency and effectiveness improvements
  • Subject matter expert on on revenue accounting rules
  • Provide revenue education and training to other groups within Rippling
  • Liaison with external auditors, present significant item updates, along with supporting documentation for the quarterly reviews and year-end audits

What you will need

  • CPA is required, with 12-15 years of professional experience including significant management, and SaaS industry experience
  • A combination of public company experience in a revenue leadership role and experience with public accounting firms
  • 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
  • Strong ability to work well within a team structure and an ability to influence, train, mentor and leverage the skills of others to achieve objectives
  • Experience with systems and processes including Salesforce, Snowflake and Netsuite. Other revenue recognition solutions such as RevPro is a plus.
  • Experience working with data sets and SQL across standard commercial databases or equivalent programming/scripting experience

Additional Information

Rippling is an equal opportunity employer. We are committed to building a diverse and inclusive workforce and do not discriminate based on race, religion, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other legally protected characteristics, Rippling is committed to providing reasonable accommodations for candidates with disabilities who need assistance during the hiring process. To request a reasonable accommodation, please email accomodations@rippling.com

Rippling highly values having employees working in-office to foster a collaborative work environment and company culture. For office-based employees (employees who live within a 40 mile radius of a Rippling office), Rippling considers working in the office, at least three days a week under current policy, to be an essential function of the employee's role.

This role will receive a competitive salary + benefits + equity. The salary for US-based employees will be aligned with one of the ranges below based on location; see which tier applies to your location here.

A variety of factors are considered when determining someone’s compensation–including a candidate’s professional background, experience, and location. Final offer amounts may vary from the amounts listed below.

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