Manager of Accounting - Vendor Reconciliation

Posted 19 Hours Ago
8 Locations
Remote
105K Annually
3-5 Years Experience
Cloud • Information Technology • Productivity • Security • Sharing Economy • Software • Infrastructure as a Service (IaaS)
Wherever you are in your cloud journey, Pax8 helps you bring your business to the next level.
The Role
The Manager of Accounting - Vendor Reconciliation at Pax8 works on developing a robust reconciliation process between revenue and cost of goods sold across transactions in the Pax8 Marketplace. They collaborate with the Marketplace Reconciliation team, prioritize solutions for financial discrepancies, and ensure the integrity of financial statements. Experience with ASC 606 and revenue accounting is required.
Summary Generated by Built In

Pax8 is the leading cloud-based technology marketplace, simplifying the cloud journey for our partners by integrating technology, business intelligence and proactive service to deliver an unparalleled experience. Serving thousands of partners through the indirect sales channel, our mission is to be the world’s favorite place to buy cloud products. We are a fast-growing, dynamic and  high-energy startup organization, allowing you to make a meaningful impact on the business. Culture is important to us, and at Pax8, it’s business, and it  personal. We are passionate, creative and humorously offbeat. We work hard, keep it fun, and expect the best. 

 

We Elev8 each other. We Advoc8 for our partners. We Innov8 continuously. We Celebr8 life.

No matter who you are, Pax8 is a place you can call home. We know there’s no such thing as a  candidate, so we don’t look for the right "" – instead, we look for the add. We encourage you to apply for a role at Pax8 even if you don’t meet 100% of the bullet points. We believe in cultivating an environment with a diversity of perspectives, in hopes that we can all thrive in an inclusive environment. 

We are only as great as our people. And we have great people all over the world. No matter where you live and work, you’re a part of the Pax8 team. This means embracing hybrid- and remote-work whenever possible.  

The Manager of Accounting - Vendor Reconciliation works within the Finance organization and focuses on developing a robust reconciliation process between revenue and cost of goods (COGS) sold across all transactions in the Pax8 Marketplace. They collaborate closely with the Marketplace Reconciliation team and play a central role in evaluating, prioritizing, and implementing solutions to remediate financial and subscription discrepancies with Pax8’s vendors. The Manager coordinates and engages global internal stakeholders to support business growth while ensuring the integrity of Pax8’s financial statements. They have experience with ASC 606 and revenue accounting, a strong analytical mindset, and excellent problem-solving skills.

  • Provide and interpret detailed revenue and cost transaction detail used to calculate monthly revenue and COGS to the Marketplace Reconciliation team for analysis.
  • Serve as a liaison between the Marketplace Reconciliation team and the global Accounting team to ensure alignment on accurate and timely financial reporting involving reconciliation discrepancies.
  • Interpret vendor reconciliation findings with the global Accounting team during the financial close and review process.
  • Assist with establishing robust reconciliation controls and procedures to mitigate financial risk and ensure compliance with regulatory requirements.
  • Provide reporting to quantify financial impact of reconciliation findings, as well as track and report on the resolution.
  • Track key performance indicators (KPIs) related to reconciliation accuracy, financial impact, and resolution of outstanding reconciliation discrepancies.
  • Leverage technology and best practices to automate repetitive processes while improving accuracy and efficiency.
  • Assist the Marketplace Reconciliation team in analyzing reconciliation data to generate actionable insights and prepare comprehensive reports for management review and decision-making.
  • Support internal and external reconciliation efforts by providing necessary documentation and data.
  • Collaborate with global internal stakeholders, including Marketplace Reconciliation team, Sales, and Vendor teams, to foster continued business maturity, financial accuracy, and enable recovery of potential lost revenue.
  • Develop and implement sustainable reconciliation practices to maintain the integrity of financial statements.
  • Contribute to projects focused on developing long-term, product-based reconciliation solutions.

  • At least four (4) years of progressive accounting experience with revenue accounting experience preferred.
  • At least two (2) years of experience in data analysis across large-volume data sets with the ability to interpret and identify discrepancies and trends.
  • Working knowledge of ASC 606 to communicate identified reconciliation discrepancies back to the accounting team for proper financial treatment.
  • Strong Excel proficiency and experience with complex excel formulas and macros for data manipulation and analysis.
  • Familiarity with data visualization tools (i.e., PowerBI).
  • Previous experience with NetSuite or other enterprise ERP systems.
  • Ideally, prior experience in a marketplace environment (e-commerce, digital platforms) is beneficial. Understanding transactional flows, high volume transaction processing, and seller/buyer dynamics adds value.
  • Ability to manage multiple reconciliation projects simultaneously, prioritize tasks effectively, and meet deadlines in a fast-paced environment.
  • Effective communication is crucial for explaining financial discrepancies, collaborating with stakeholders, and presenting reconciliation results to leadership. This includes both written and verbal communication skills.
  • Exceptional analytical, strategic, planning, organization, and time management skills to effectively execute project plans.
  • Possesses strong business acumen with the ability to think from an overall “best for the business” perspective.
  • Demonstrates initiative and is results oriented.
  • Manages competing priorities across multiple functional areas.
  • Ability to adapt approach and demeanor in real time to match the shifting demands of different situations.
  • Ability to take a broad view when approaching issues using a global lens.
  • Ability to be self-motivated and independent.

  • B.A./B.S. in a related field (e.g., Finance, Accounting, Economics, Data Science) or equivalent work experience.
  • CPA license or MBA is a plus.


  • Qualified candidates can expect a salary beginning at $105,000 or more depending on experience

Expected Closing Date: 07/31/24

#LI-Remote #BI-Remote

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*Note: Compensation is benchmarked on local Denver Metro area market rates. Qualified candidates in other locations can expect a salary package that may be adjusted based off applicable cost of wages in their respective location.

Pax8 is an equal opportunities employer and welcome individuals who are in possession of the appropriate requirements to work within the country the role is based in. Offered individuals will be asked to undertake identity, security compliance and reference checks. Your privacy is important to us. Your data will be held in accordance with Data Privacy best practices and processed only in accordance with our recruiting processes.

Job Applicant Privacy Notice

 

The Company
HQ: Greenwood Village, CO
1,600 Employees
Hybrid Workplace
Year Founded: 2012

What We Do

Buy, sell, and manage cloud solutions with the marketplace that fuels your business.

Our born-in-the-cloud platform modernizes the channel’s cloud journey with consolidated billing, automated provisioning, and industry-leading PSA integrations. And our technology is backed by responsive support, educational offerings, and the resources you need to grow your cloud business.

Pax8 has displaced legacy distribution by connecting the channel ecosystem to our award-winning cloud marketplace. If you want to be successful with the cloud, you want to work with Pax8.

Why Work With Us

At Pax8, we tackle complex challenges, work hard, make time to celebrate, & give back. Being a part of the Pax8 team means being passionate about the quality of your work, caring about the people you serve, & capitalizing on opportunities to improve. It means having each other’s backs, never stopping until a problem's solved & having fun.

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