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Senior Revenue Accountant

Company: Zuora, Inc.
Location: Redwood City
Posted on: June 6, 2021

Job Description:

OUR VISION: THE WORLD. SUBSCRIBED.

Customers have changed. They're looking for new ways to engage with businesses. Consumers today have a new set of expectations. They want outcomes, not ownership. Customization, not generalization. Constant improvement, not planned obsolescence.

In the old world (let's call it the Product Economy) it was all about things. Acquiring new customers, shipping commodities, billing for one-time transactions. But in today's new era, it's all about relationships. More and more customers are becoming subscribers because subscription experiences built around services meet consumers' needs better than the static offerings or a single product.

Our vision is "The World Subscribed" where one day every company will be a part of the Subscription Economy (a phrase coined by our CEO, Tien Tzuo and author of the best selling book Subscribed).

YOUR MISSION: The main mission of this role will be to perform the day to day operations for close including reconciliations, journal entries, revenue calculations, etc. This role will also be responsible for various tasks in the special projects that come up including UAT testing, product implementation, etc.

THE OPPORTUNITY (AKA: Why you want this role over any other out there)

Zuora is looking for a skilled Senior Revenue Accountant to join our Revenue Accounting team. Responsibilities will include all day to day activities in the revenue process including contract review for compliance with Zuora's revenue recognition policy, monthly revenue close, account reconciliations, reporting and analysis, and audit and SOX support. You will also participate in the order-to-cash process with Deal Desk, IT, Professional Services Operations, and Billing operations. You also will have the opportunity to leverage the Zuora's order-to-revenue capabilities for modern businesses. This is a critical role in a growing team and requires an exceptional performer. The successful candidate will be able to learn new processes quickly, adapt to ever-changing priorities, communicate effectively, and work collaboratively across the team and across multiple functions with a focus on the professional services organization and revenue reserves. This position reports directly to the Revenue Accounting Manager.

WHAT YOU'LL ACHIEVE

  • Ensuring that revenue is recognized in accordance with corporate policy under ASC-606
  • Staying current on revenue recognition guidance and raise interpretations of guidance with respect to company revenue policy
  • Participate in all aspects of the revenue close, including creating journal entries reconciliations etc.
  • Analyze revenue trends specifically for our professional services revenue stream and liaise closely with the professional services organization and FP&A to clearly explain the results
  • Prepare external auditor deliverables
  • Assist in the execution and maintenance of our internal controls and voice potential process improvements to drive change in the organization
  • Work closely with the quote-to-cash teams to identify and recommend process improvements in the quote-to-cash process.
  • Assist in special projects
  • Analyze and communicate changes to our bad debt reserve to FP&A and other stakeholders within the organization.
  • Assist in the discussions and perform analyses for other revenue reserves that are required to appropriately account for our revenue.

WHAT YOU'LL NEED TO BE SUCCESSFUL

  • 2-4 years of revenue recognition experience, preferably with Big 4 Public Accounting
  • Bachelor's degree in accounting or finance (CPA preferred)
  • Knowledge of revenue recognition US GAAP
  • Intermediate to advanced Excel skills
  • Excellent computer skills with MS Office software and Google Apps
  • Detailed-oriented with excellent analytical skills
  • Experience using Zuora Billing and RevPro is a plus
  • Software as a Service (SaaS) and NetSuite experience is a plus
  • Experience with Python or SQL is a plus

ABOUT ZUORA & OUR "ZEO" CULTURE

Zuora (NYSE: ZUO) Zuora provides the leading cloud-based subscription management platform that functions as a system of record for subscription businesses across all industries. Powering the Subscription Economy, the Zuora platform was architected specifically for dynamic, recurring subscription business models and acts as an intelligent subscription management hub that automates and orchestrates the entire subscription order-to-revenue process seamlessly across billing and revenue recognition. Zuora serves more than 1,000 companies around the world, including Box, Ford, Penske Media Corporation, Schneider Electric, Siemens, Xplornet, and Zoom.

At Zuora, we have one CEO but every employee is empowered and supported to be the 'ZEO' of their own career experience. By embedding inclusion and belonging into our processes, policies and culture, we are building a workplace where our 1,200+ ZEOs across North America, Europe, and APAC can bring all the elements of who they are into their work. In addition to an industry-leading six-month, 100% paid parental leave for all our ZEOs, we also offer programs to support your mental health and give back to our communities along with "career cash" and plenty of learning and development opportunities.

To learn more visit www.zuora.com

Zuora is proud to be an Equal Employment Opportunity Employer.

Think, be and do you! At Zuora, different perspectives, experiences and contributions matter. Everyone counts. Zuora is proud to be an Equal Opportunity Employer committed to creating an inclusive environment for all.

Zuora does not discriminate on the basis of, and considers individuals seeking employment with Zuora without regards to, race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics.

We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at)zuora.com.

Keywords: Zuora, Inc., Redwood City , Senior Revenue Accountant, Other , Redwood City, California

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