Senior Revenue Accountant

The simple task of buying software, services, or tools at work has become hopelessly complicated at even the most innovative companies in the world. Today, enterprises spend $120T+ per year globally (>30 times larger than annual consumer e-commerce spend) and rely on vendors more than ever before to run their businesses.

Our cofounders started Zip in 2020 to address this seemingly intractable problem with a purpose-built procurement platform that provides a simple, consumer-grade user experience. Within the last 4 years, Zip has created a new category and developed the leading solution in this $50B+ TAM space. Today, the world’s leading companies like OpenAI, Snowflake, Anthropic, Coinbase, and Prudential rely on Zip to manage billions of dollars in spend.

We have a world-class team coming from category-defining companies like Airbnb, Meta, Stripe, Salesforce, Apple, and Google. With a $2.2 billion valuation and $370 million in funding from Y Combinator, Tiger Global, BOND, DST Global, and CRV, we’re focused on developing cutting-edge technology, expanding into new global markets, and—above all–driving incredible value for our customers. Join us!

Your Role

The Senior Revenue Accountant role will assist with all aspects of Zip’s revenue accounting process. This position will not only be critical in defining Zip’s revenue accounting process but also a key stakeholder in structuring our revenue contracts. This role will work cross-functionally with the Sales, Go-To Market, Legal, and Deal Desk teams on structuring new and non-standard contracts. This role will also have a significant operational impact as the Senior Revenue Accountant will service customers through the billing process and assist in commission calculations for payroll.

You Will

• Manage various areas of the month-end close process including ASC 606 revenue recognition, deferral and amortization of commissions and other costs to acquire contracts, cash, and accounts receivable.

• Support the Sales team by identifying potential GAAP revenue impacts resulting from new deals and non-standard contract structures.

• Investigate and resolve discrepancies in month-end reconciliations pertaining to deferred revenue, deferred commissions, contract assets, and accounts receivable.

• Manage customer receivables by invoicing for new and existing contracts, obtaining customer payments, and assessing trade receivables for impairment under ASU 2016-13.

• Actively contribute to the preparation and filing of external financial statements and footnotes for quarterly and annual GAAP reports.

• Actively participate in special projects, including system implementations, process enhancements, and ad-hoc financial analyses.

• Assist in researching technical accounting matters, analyzing, reporting, and documenting issues that impact the company, and recommending solutions.

Qualifications

• Bachelor's degree in Accounting or Finance with CPA (or on track to be certified) is preferred.

• 3+ years of accounting experience, preferably within a public company or Big 4

• Strong technical accounting background with a knowledge of US GAAP and SEC reporting standards

• Proficient in the application of accounting principles across areas such as ASC 606 revenue recognition, ASU 2016-13 CECL, ASC 830 FX gains and losses, and ASC 340 incremental costs of obtaining a contract.

• Demonstrates meticulous attention to detail, coupled with strong business process improvement and exceptional communication abilities.

• Possesses excellent time and self-management skills, effectively prioritizing and multitasking to consistently meet deadlines.

• Strong excel and/or google sheets skills

Nice to Haves

• Experience with Netsuite, Salesforce, and SQL preferred

The salary range for this role is $115,000 - $140,000. The salary for this position is determined based on a variety of job-related factors that may include location, relevant experience, education, or particular skills and expertise.

Perks & Benefits

At Zip, we’re committed to providing our employees with everything they need to do their best work.

• 📈 Start-up equity

• 🦷 Full health, vision & dental coverage

• 🍽️ Catered lunches & dinners for SF employees

• 🚍 Commuter benefit

• 🚠 Team building events & happy hours

• 🌴 Flexible PTO

• 💻 Apple equipment plus home office budget

• 💸 401k plan

We're looking to hire Zipsters and that means hiring people who take ownership, communicate openly, have an underdog mindset, and are excited to increase the pace of innovation for every business in the world. We encourage all candidates to apply even if your experience doesn't exactly match up to our job description. We are committed to building a diverse and inclusive workspace where everyone (regardless of age, religion, ethnicity, gender, sexual orientation, and more) feels like they belong. We look forward to hearing from you!