Revenue Manager

Posted 17 Days Ago
Be an Early Applicant
New York, NY
Senior level
Cloud • Fintech • Financial Services
The Role
The Revenue Manager will manage customer billing and revenue recognition processes, ensuring compliance with accounting standards. Responsibilities include customer invoice generation, revenue recognition, collaborating with sales and FP&A, assisting with audits, and maintaining billing systems like Ordway and Avalara.
Summary Generated by Built In

Beacon Platform was founded in 2014 by Kirat Singh and Mark Higgins, industry leaders in building and designing enterprise-scale trading, analytics, and risk management platforms. Our products enable financial institutions of all sizes to operationalize front-office development at enterprise scale on the cloud. The Platform consists of Beacon Front Office Suite for cross-asset management of trades, positions and risk, and Beacon Core, an integrated development and operating platform that enables quants and software engineers to collaboratively develop and continuously deploy business solutions. Beacon’s open architecture and transparent source-code model empower clients to achieve their business goals while maintaining unparalleled ownership of the full technology stack.

We are looking for a Revenue Manager to play a crucial role in managing and optimizing our customer billing, accounts receivable and revenue recognition processes. The successful candidate will be responsible for ensuring compliance with accounting standards, analyzing revenue transactions, and collaborating closely with cross-functional teams to support our growth and financial reporting needs. The ideal candidate will have foundational accounting knowledge specifically relating to ASC 606.  If you are a detail-oriented and highly motivated individual with a strong background in revenue accounting, we encourage you to apply.


Specific responsibilities include, but are not limited to:

  • Manage all aspects of the billing and accounts receivable processes including customer invoice generation,  credit memo approval, bad debt analysis, sales tax calculation and submission, and collection. 
  • In charge of the revenue recognition process, including preparing journal entries, balance sheet reconciliations, bad debt/allowance review, and detailed revenue account analysis.
  • Keen understanding of customer contracts and determining the treatment under ASC 606.
  • Collaborate with sales and account management on assessing new and existing contracts, monitoring project completion, and various customer-related issues. 
  • Preparation of the sales commissions and deferred commissions in accordance with the company’s plan
  • Work with product and engineering departments to ensure user and customer data is correct.
  • Streamlining customer billing and revenue cycle.
  • Collaborate with FP&A to understand and explain budget vs. actual variances.
  • Assist with annual financial statement audit and compliance reporting.  
  • Help evaluate, recommend, implement, and document new financial accounting policies, procedures, financial systems, and controls.
  • Provide support to finance management and internal customers as needs arise, including ad-hoc projects.
  • Maintain Ordway (billing system) and Avalara (sales tax) systems. 


Qualifications

  • Bachelor’s degree in accounting. 
  • 7+ years of combined public and industry experience with 3+ years as a revenue specialist or manager. 
  • Strong knowledge of GAAP, especially ASC 606 and ASC 340.
  • Experience with multiple-element arrangement contracts. 
  • Experience of working with external auditors.
  • Strong accounting/analytical skills and attention to detail.
  • Strong attention to detail.
  • Prior experience with accounting and/or EMR systems implementation. 
  • Strong ability to work cross-functionally across departments to quickly create efficient processes.
  • Ability to work in fast fast-paced environment that is ever-changing.
  • Strong practical knowledge of Microsoft Excel and other Microsoft Office solutions.
  • Experience with Sage Intacct, Avalara, and Ordway is a plus.


Expected salary: $125,000 - 150,000


What You’ll Love About Beacon

  • Unlimited PTO - This isn’t your typical unlimited PTO plan. All employees take at least 20 days off a year. After that? Take the time off you need to strike the perfect work/life balance for you.
  • 10 paid company holidays
  • 401k plan with matching contributions
  • Charitable donation matching
  • Access to Udemy - An online learning and teaching marketplace with over 185,000 courses. Learn programming, marketing, and data science, or brush up on your public speaking and writing skills.
  • Startup Culture - Our employees have a voice and can make a big impact across the organization. A lot of people in large companies don’t feel connected to what they’re doing and feel like they’re put in a box. Here you will have the freedom to be creative and innovative. We’re looking for smart, driven people to help us reach the next level. 


Beacon does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. Beacon encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Beacon Platform participates in eVerify

Top Skills

Accounting
Excel
The Company
HQ: New York, NY
146 Employees
On-site Workplace
Year Founded: 2014

What We Do

Beacon Platform is the premier enterprise innovation platform designed to supercharge developer productivity, enabling innovative financial services firms to get more value out of their R&D. Beacon partners with and empowers clients to become change agents in their organizations through cutting-edge technology tools. Beacon is developing the future of financial services on the cloud.

Beacon gives businesses and their developers the flexibility and scale they need to gain a competitive edge. Beacon removes the shared pain of designing new applications and strategies by streamlining the development and deployment process, enabling teams to rapidly experiment with new solutions and business models, all on the cloud. Beacon provides clients with a powerful set of cross-asset trading and risk tools and analytics out of the box, including full access to source code, and lets them build on top.

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