Director, Revenue Accounting

Company: Relativity
Location: Los Angeles
Posted on: March 7, 2025

Job Description:

Posting TypeHybridJob OverviewRelativity is looking for a Director, Revenue Accounting to manage and oversee all aspects of revenue accounting functions including revenue recognition, contract review, revenue-related processes and controls, and revenue systems, while ensuring timely and accurate reporting. This role will work closely with cross-functional teams to drive operational efficiencies and ensure the revenue function can support the company's growth and financial objectives. The ideal candidate will possess extensive experience in revenue accounting, technical accounting knowledge, and a proven ability to lead and develop high-performing teams.

This role reports to VP Accounting and can be based remotely, however, candidates commutable to our Chicago office our preferred.Job Description and Requirements Job Responsibilities

• Act as a leader and strategic resource to the company for all things revenue-related
• Develop team objectives and strategic roadmaps to align with company growth and other priority initiatives
• Oversee the revenue recognition process in accordance with ASC 606 and other relevant accounting standards
• Oversee a robust and scalable contract review process, ensuring that salient contract terms are captured and considered and that revenue is recognized in accordance with GAAP
• Collaborate cross-functionally with billing, product, revenue operations, sales, and legal teams on new products, initiatives, contract analysis, and deal structuring - assessing impacts to revenue recognition, operational scalability, and business risk
• Manage the month-end revenue close process including reviewing journal entries and account reconciliations and performing analytical review and fluctuation analysis on revenue to support accurate and timely financial reporting
• Lead financial close review meetings, reporting on and delivering results and key metrics to business leaders
• Develop and maintain revenue accounting policies and procedures to ensure they reflect best practices and regulatory requirements
• Ensure internal controls for revenue accounting are adequate and operating effectively
• Provide thought leadership on revenue processes, analytics, policies, and procedures that leverage technology, maximize efficiency, and provide scalability to support company growth
• Assist with the setup/maintenance/enhancement of revenue accounting systems, ensuring they meet maximize automation, business needs, internal control requirements, and accounting standards
• Manage periodic stand-alone selling price analysis
• Oversee current expected credit losses (CECL) calculations and methodology
• Lead or assist with research and preparation of revenue related technical accounting memos and position papers
• Assist with preparation and review of revenue-related schedules, financial statements, and disclosures for internal and external reporting purposes
• Lead support for external audit requests and analysis
• Participate in special projects, initiatives, and ad hoc requests related to revenue accounting
• Provide leadership, coaching, and development for the revenue accounting team, fostering professional growth and developmentMinimum Qualifications
  • Bachelor's degree in accounting or equivalent work experience, CPA preferred.
  • 12+ years of experience working in multi-national general corporate or public accounting (mix of both preferred), including 3+ years as a supervisor/leader
  • Strong understanding of US GAAP, ASC 606, and revenue recognition principles
  • Technology-company related and/or SAAS experience
  • Proficiency in financial software, ERP systems, and revenue management software and tools, preferably experience with Salesforce, Zuora or similar application
  • History of development of process improvements and internal controls implementation and management, familiarity with Sarbanes-Oxley (SOX) requirements and documentation.
  • Highly organized detail-oriented with experience managing multiple priorities, large-scale projects, and deadlines in a fast-paced environment.
  • Strong leadership skills with experience leading, coaching and developing a team in a rapid growth environment.
  • Strategic thinker with strong analytical and problem-solving skills.
  • Strong communicator with excellent verbal and written communication skills, ability to effectively collaborate with cross-functional teams and senior leadership.
  • Flexibility and the ability to adapt quickly to shifting company or team goals.Preferred Qualifications
    • Experience working in a usage-based revenue model
      • Experience working in a public companyRelativity is committed to competitive, fair, and equitable compensation practices.This position is eligible for total compensation which includes a competitive base salary, an annual performance bonus, and long-term incentives. The expected salary range for this role is between following values:$154,000 and $230,000The final offered salary will be based on several factors, including but not limited to the candidate's depth of experience, skill set, qualifications, and internal pay equity. Hiring at the top end of the range would not be typical, to allow for future meaningful salary growth in this position.

Keywords: Relativity, Los Angeles , Director, Revenue Accounting, Executive , Los Angeles, California