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Director of Revenue Accounting

Vanta

Vanta

Accounting & Finance
United States · Remote
Posted on Nov 22, 2024

At Vanta, our mission is to secure the internet and protect consumer data. We believe that security should be monitored and verified continuously, and we empower companies to practice better security and prove it with ease. Vanta has a kind and talented team, and while some have prior security experience, many have been successful at Vanta without it.

As the Director of Revenue Accounting, you will play a critical role in managing Order-to-Cash from billing, collections, and revenue recognition by implementing best practices and ensuring compliance with ASC 606.

What you’ll do as a Director of Revenue at Vanta:

  • Revenue Recognition & Compliance

    • Oversee and ensure compliance with GAAP, ASC 606, and other relevant standards in all revenue accounting activities.

    • Evaluate, interpret, and document complex customer contracts to determine appropriate revenue recognition treatments.

    • Develop, implement, and maintain revenue accounting policies, processes, and controls.

  • Financial Close & Reporting

    • Lead month-end and quarter-end close activities related to revenue, billing, and collections including reconciliations, journal entries, and variance analysis.

    • Ensure timely and accurate preparation of revenue-related reports, including deferred revenue, unbilled receivables, accounts receivable and other key revenue accounts.

  • Team Leadership & Development

    • Build, mentor, and lead a high-performing revenue accounting, billing and collections team, providing guidance on complex revenue accounting issues and ensuring a collaborative, growth-oriented environment.

    • Develop and maintain training programs to support the team’s understanding and execution of policies and controls.

  • Process Improvement & Systems Integration

    • Drive process improvements to optimize revenue accounting and billing workflows, enhance accuracy, and improve close cycle efficiency.

    • Ensure accurate system configurations of revenue accounting modules within the company’s ERP system.

    • Collaborate with Sales, Legal, and Go-To-Market Operations teams to integrate revenue recognition considerations into contract structuring and billing practices.

  • Audit & Compliance

    • Serve as the primary point of contact for revenue accounting in external and internal audits, providing schedules, documentation, and addressing inquiries.

    • Develop and maintain internal controls over revenue recognition and billing activities.

How to be successful in this role:

  • Bachelor’s degree in Accounting with a CPA

  • 10+ years of experience with at least 3-5 years in a leadership or management role

  • Ability to lead, mentor, and develop a high-performing accounting team

  • In-depth knowledge of GAAP and ASC 606

  • Strong analytical skills with a high level of attention to detail and accuracy

  • Excellent problem-solving skills and the ability to adapt in a fast-paced, dynamic environment

  • Experience with financial software systems (Netsuite) and advanced proficiency in Excel

What you can expect as a Vantan:

  • Industry-competitive compensation

  • 100% covered medical, dental, and vision benefits with dependents coverage

  • 16 weeks fully-paid parental Leave for all new parents

  • Health & wellness and remote workplace stipends

  • 401(k) matching

  • Flexible work hours and location

  • Open PTO policy

  • 9 paid holidays in the US

  • Offices in SF, NYC, Dublin, and Sydney

To provide greater transparency to candidates, we share base pay ranges for all US-based job postings regardless of state. We set standard base pay ranges for all roles based on function, level, and country location, benchmarked against similar-stage growth companies. Final offer amounts are determined by multiple factors, including candidate location, skills, depth of work experience, and relevant licenses/credentials, and may vary from the amounts listed below. The salary or OTE range for this position is $206,000 - $242,000. This role may also be eligible for commissions/bonus, equity, medical benefits, 401(k) plan, and other company perk programs.

#LI-remote

At Vanta, we are committed to hiring diverse talent of different backgrounds and as such, it is important to us to provide an inclusive work environment for all. We do not discriminate on the basis of race, gender identity, age, religion, sexual orientation, veteran or disability status, or any other protected class. As an equal opportunity employer, we encourage and welcome people of all backgrounds to apply.

About Vanta

We started in 2018, in the wake of several high-profile data breaches. Online security was only becoming more important, but we knew firsthand how hard it could be for fast-growing companies to invest the time and manpower it takes to build a solid security foundation. Vanta was inspired by a vision to restore trust in internet businesses by enabling companies to improve and prove their security.From our early days automating security monitoring for compliance standards like SOC 2, HIPAA and ISO 27001 to creating the world's leading Trust Management Platform, our vision remains unchanged.

Now more than ever, making security continuous—not just a point-in-time check— is essential. Thousands of companies rely on Vanta to build, maintain and demonstrate their trust— all in a way that's real-time and transparent.