Sunday , February 28 2021

Vimeo Careers – Manager, Revenue Accounting

Job Description:

We’re looking for an Accounting Manager specializing in Revenue to join the Accounting team in New York to support Vimeo’s growth by ensuring timely and accurate financial reporting and a strong and sustainable internal control environment.

You will specialize in global revenue recognition and serve as a key manager to design, implement and maintain revenue processes and controls as well as oversee and coordinate source data reports, third party reporting, and cash transactions impacting revenue reporting. You will collaborate closely with many of Vimeo’s organizations, including Sales, Sales Operations, BI & Analytics, Product & Engineering and Transactions. Additionally, you’ll be reviewing monthly journal entries and reconciliations as part of the monthly financial close process including the analysis of accounts receivable and related allowance for credit losses and deferred revenue.

Job Responsibilities:

  • Review and document complex customer contracts to ensure consistent application of revenue recognition policies in accordance with U.S. GAAP, specifically ASC 606, Revenue Recognition
  • Review revenue and deferred revenue journal entries and related reconciliations as part of the monthly financial close process, ensuring reconciling items are properly documented and establishing processes to prevent further occurrences
  • Analyze actual revenue results against forecast, prior quarters and prior years and provide succinct variance explanations to support the monthly financial results meeting
  • Analyze the allowance for credit losses and apply company policy for allowance provisions and write offs
  • Monitor sales team requests and assess appropriateness under ASC 606, suggesting contract adjustments to optimize revenue recognition accounting processes
  • Partner with the Sales Operations team to ensure revenue-affecting data points are properly reflected in Salesforce in real time.
  • Work closely with product and analytics teams on business changes and new revenue products to ensure proper revenue recognition
  • Lead efforts to implement a new billing system and integrated revenue recognition software
  • Respond to interim review and year-end audit requests from internal and external auditors, as needed

Job Requirements:

  • 6+ years of experience in a dynamic, fast-paced environment, with at least 3 years of revenue accounting experience (606 Revenue Recognition) at a publicly traded company
  • BS Degree in Accounting and CPA required
  • Well-reversed in revenue contracts review, identifying and prioritizing issues that may impact revenue recognition, independently assessing solutions, and thinking critically and creatively
  • Proficient with Microsoft Excel (Advanced, Pivot Tables, Vlookups, Conditional formulas), particularly in navigating detailed system-generated source reports, downloading and manipulating large amounts of data
  • Salesforce experience a plus
  • Outstanding organizational and time-management skills, with high attention to detail
  • Exceptional verbal and written communication skills.
  • Ability to work well both independently and in a team environment, collaborating with individuals across a broad range of operational, functional and technical disciplines
  • Ability to recommend and implement changes to improve processes and mitigate risk

Job Details:

Company: Vimeo

Vacancy Type:  Full Time

Job Location: Oakland, CA, US

Application Deadline: N/A

Apply Here

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