The Revenue Manager will report to the Controller and fill a key role on the accounting team at Luxury Presence as you will own the entire revenue cycle and order-to-cash business process. You will support financial operations in application of ASC 606 and be responsible for the timely and accurate preparation of revenue-related financial reporting and reconciliations. You will also play an integral role in the development, implementation and ownership of a third party billing and revenue recognition technology application.
As Luxury Presence continues our fast-pace growth, there are many product innovations and new revenue streams which will require Revenue Accounting advisory. You will play a key role in collaborating with stakeholders across various departments to understand the business transactions and to form sound revenue accounting judgments, including bringing in external advisors when appropriate. You will then advise Finance leadership on potential implications to our financial statements as well as decisions on how to appropriately record these transactions on our books. For the right candidate, this role will be incredibly rewarding with a tremendous amount of responsibility, visibility and plenty of room to grow professionally. You will be the go-to-person and resident expert to educate and interpret revenue concepts to the rest of the organization.
In this role you will:
- Lead monthly close process for all revenue-related accounts (revenue, accounts receivable, deferred revenue, etc.)
- Manage the day-to-day revenue accounting activities such as revenue system data validation and reconciliation
- Partner with Sales, Operations, Billings and Business Systems teams to develop and deploy a billing and revenue recognition software, while ensuring compliance with ASC 606 requirements
- Establish and maintain an ASC 606 policy and memo
- Act as a key stakeholder in managing the company’s product catalog, ensuring accurate setup and configuration in our third party billing and revenue recognition software
- Manage and oversee the accounting of existing revenue streams, while establishing new accounting procedures for new business ventures and revenue streams
- Strengthen internal controls and enhance processes pertaining to revenue to create an efficient month end close cycle, while maintaining accuracy and integrity in financial reporting
- Design and implement a review process for new product launches, pricing changes, business partnerships and revenue streams, ensuring appropriate revenue recognition in accordance with ASC 606
- Prepare and maintain process flows and documentation for all revenue streams and use cases
- Develop strong relationships cross functionally with key stakeholders involved in the revenue cycle
- Analyze revenue and margin trends
- Manage accounts receivable and cash application and implement monthly revenue to cash data reconciliations
About you:
- Bachelor’s degree in Accounting and CPA certification
- 4+ years of relevant experience, including public accounting and progressive ASC 606 accounting experience in-house
- Thorough knowledge and experience of ASC 606 and GAAP
- Strong technical accounting background with a keen sense of revenue operations
- Experience using subscription management system (e.g. Chargebee, Recurly) a plus
- Ability to perform ASC 606 research and analysis, and document results and conclusions
- You’re a detail-oriented problem solver, with tenacity and no ego that thrives in a fast-paced environment
Who we are: Luxury Presence is the real estate industry’s most powerful marketing platform, providing award winning websites and cutting edge tech to the world’s top agents.
Founded in 2016 by Stanford Business School alumni Malte Kramer, Luxury Presence currently serves over 5000 clients in the U.S. and Canada with its SaaS model — including over 20 of the top 100 WSJ real estate agents and teams. In addition, Luxury Presence is the official website partner to some of the industry’s most powerful brokerages.
The Los Angeles-based SaaS company raised $25.9 million for its Series B round. Bessemer Venture Partners led the round alongside fellow existing investors Toba Capital and Switch Ventures. Former Dallas Mavericks basketball player Dirk Nowitzki also participated in the round, along with other angel investors.
Its solutions include stunning website design, an engaging home search tool, an agent-to-agent listing referral network, powerful content & SEO strategies, expert-lead social media management, and digital advertising for lead generation. In 2020, Luxury Presence was recognized as a Best Place to Work by BuiltinLA and by Inc. as the 322nd fastest growing private company in America and then again in 2021 — LP ranked 598th.
Luxury Presence is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.