Revenue Accounting Lead
hace 3 semanas
Blend helps lenders maximize their digital agility. Our digital lending platform is used by Wells Fargo, U.S. Bank, and other leading financial institutions to increase customer acquisition, improve productivity, and accelerate the delivery of any banking product across every channel.
This role will be an integral part of the Blend Revenue Accounting team reporting directly to the Revenue Accounting Manager in the U.S. You will lead a team responsible for accurately recording revenue, analyzing revenue transactions, and providing technical guidance on revenue recognition matters under ASC 606 / IFRS 15. We are looking for an individual who is highly motivated, works well in collaborative teams, demonstrates strong communication skills, detail oriented, and who thrives in a rapidly growing environment. The ideal candidate will have a strong background in revenue accounting, extensive knowledge of ASC 606 / IFRS 15, previous experience in the software industry, and can identify and implement best-in-class processes and controls to support the growth of the business.
Note: This is NOT a remote role; you must be able to commute to our office in Mexico City Mon-Thur. In order to be considered for the role, please submit your resume in English.
How you'll contribute:
- Revenue Analysis: Lead the process of contract review through sales order setup in Blend’s ERP to ensure appropriate revenue recognition aligned with Blend’s revenue recognition policy and ASC 606 / IFRS 15
- Revenue Recognition Compliance: Assist the Revenue Accounting Manager in the U.S. with maintaining Blend's revenue recognition policy under ASC 606 / IFRS 15. Evaluate new business initiatives and their potential impact on revenue recognition
- Month-End Close: Lead the month-end close process for revenue accounting, ensuring accurate and timely recording of revenue and related journal entries
- Financial Reporting: Collaborate with the finance and accounting teams to prepare accurate and timely financial statements and disclosures related to revenue recognition
- Audit Support: Prepare deliverables for the annual audit process related to revenue recognition, including liaising with external auditors and providing necessary documentation and support
- Team Leadership: Lead a team of one to two revenue accountants onsite in the Mexico City Office, providing guidance, training, and development opportunities to foster a high-performing team culture
- Collaborate cross functionally with the Billings and Collections and Funded Loan Reporting team in the Mexico City Office to ensure efficient flow of the entire Quote-to-Cash process
- Research and evaluate new technical accounting standards, prepare technical memos, and articulate positions with external auditors
- Assist in optimizing accounting policies, processes and procedures, and implement internal controls over quote-to-cash process
- Ability to work collaboratively as well as independently, maintain high degree of accuracy, meet tight deadlines, and solve problems quickly and proactively
- Support the team with various analysis and ad hoc projects
Who you are:
- Bachelor's degree in Accounting, Finance, or related field. CPA or equivalent certification preferred
- Minimum of 7 years of experience in revenue accounting, with a focus on ASC 606
- Minimum of C1 level proficiency speaking English
- Previous experience in the software industry is highly preferred
- Strong understanding of revenue recognition principles and accounting standards, including ASC 606
- Excellent analytical and problem-solving skills, with the ability to interpret complex contracts and transactions
- Proficiency in Microsoft Excel and experience with NetSuite ARM
- Demonstrated leadership skills with the ability to effectively lead a team
- Excellent communication and interpersonal skills, with the ability to collaborate cross-functionally and present complex information to stakeholders at all levels of the organization
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