Director, Revenue Accounting

The Trade Desk; Los Angeles (CA); On-site; USD 137,000 - 252,000; Full time

Job summary

An established industry player is seeking a Director of Revenue Accounting to lead their revenue recognition processes. This pivotal role involves overseeing a team, ensuring compliance with US GAAP, and driving operational excellence in a fast-paced environment. You will have the opportunity to influence strategic decisions and enhance reporting practices while fostering a collaborative team culture. If you are a results-oriented leader with a passion for innovation and process improvement, this is a fantastic opportunity to make a significant impact in a dynamic organization.

Benefits

Comprehensive healthcare (medical, dental, vision)

401k plan with company match

Short and long-term disability coverage

Basic life insurance

Tuition reimbursement

Parental leave

Paid sick time

Vacation time up to 160 hours

13 paid holidays per year

Employee Stock Purchase Plan

Qualifications

• 10-15+ years of progressive accounting experience, preferably in public companies.
• In-depth knowledge of ASC 606 Revenue Recognition and related processes.

Responsibilities

• Lead revenue accounting operations ensuring compliance with GAAP.
• Develop robust revenue reporting and analytics for leadership.

Skills

Revenue Recognition

US GAAP

Financial Reporting

Analytical Skills

Team Leadership

Process Improvement

Communication Skills

Education

Bachelor's Degree in Accounting

Master's Degree in Finance

Tools

Accounting Software

Financial Reporting Tools

Job description

The Trade Desk is changing the way global brands and their agencies advertise to audiences around the world. How? With a media buying platform that helps brands deliver a more insightful and relevant ad experience for consumers - and sets a new standard for global reach, accuracy, and transparency. We are proud of the culture we have built. We value the unique experiences and perspectives that each person brings to The Trade Desk, and we are committed to fostering inclusive spaces where everyone can bring their authentic selves to work every day.

So, if you are talented, driven, creative, and eager to join a dynamic, globally connected team, then we want to talk!

What we do:

The Director, Revenue Accounting will be based in and responsible for leading the revenue accounting function in Ventura, California, overseeing the entire revenue recognition process, ensuring compliance with US GAAP (ASC 606), managing a team of revenue accountants and operational roles, collaborating cross-functionally, providing accurate revenue reporting for financial statements while maintaining internal controls and compliance standards for a public company. This key leadership role reports directly to the GM, Worldwide Revenue Controller and will be a strategic business partner to various leaders across the organization to lead and execute a world-class revenue accounting function for the company. Primary responsibility is to lead, build and continue to develop a best-in-class revenue accounting and reporting team and function in an ever-changing, hyper-growth environment. As such, this role is responsible for continuously improving the worldwide revenue accounting functions and requires an operational mindset as well as strong analytical and organizational skills. The Director, Revenue Accounting will drive process excellence and consistency to ensure timely and accurate month-end and quarter-end close processes and oversight of related controls. In addition, the Director, Revenue Accounting will communicate vision and strategic direction while creating a high-performing culture with a dynamic team and motivating the team to achieve or exceed operational goals.

What you'll do:

• Oversee revenue accounting operations inclusive of revenue recognition, revenue reserves, and cost of sales.


• Oversee the monthly and quarterly revenue close process including the accurate and timely reporting of financials in compliance with GAAP (ASC 606). Own significant estimates and judgments.


• Provide leadership and vision by identifying the optimum revenue accounting, supply side accounting and compliance and revenue reporting processes that achieve efficiency goals and maintain accuracy and completeness and leads the team to achieve that objective.


• Evaluate current accounting practices and policies to ensure continuous improvement and meet current future requirements.


• Build scalable, cross-functional operational processes aligned with ASC 606, U.S. GAAP, SOX, and internal management reporting standards.


• Review systems and processes within the organization; identify process improvement needs and/or gaps in current work procedures; optimize systems to drive efficiency and effectiveness; make recommendations where systems and processes can be enhanced; take part in implementing technology solutions to drive automation to transition work effort from data gathering to decision making.


• Develop robust revenue reporting, analytics, and performance metrics, identifying trends and variances and providing greater transparency to leadership. Establish processes and systems to gather the data in a repeatable fashion for regular management reporting.


• Optimize team structure and resources to ensure scalable functions. Ensure appropriate training, especially revenue recognition accounting/ASC 606 and knowledge transfer occurs within the department and relevant cross-functional groups with a focus on written revenue recognition practices and process documentation.


• Develop a high-performing cohesive team environment, employee engagement, professional development, open communication, teamwork and collaboration built on mutual accountability and respect.


• Attract, hire, and develop a high-performing, cohesive revenue accounting team, fostering a culture of collaboration, innovation, professional development, and mutual accountability. Provide training and development to the revenue accounting team.


• Coordinate and engage with key stakeholder groups across worldwide revenue organization. Collaborate with various teams to analyze contract terms and determine appropriate revenue recognition treatment.


• Drive cross-functional process improvements and automation initiatives to enhance efficiency, accuracy, and scalability of accounting operations in area of responsibility.


• Execute and enforce the Company's accounting policies, procedures, and methodologies and support communication to the internal organization.


• Manage multiple projects and coach project managers on the team; create detailed plans and milestones with realistic deadlines. Monitor and communicate progress according to timelines, blockers, and manage backlog of remaining projects that have not been started yet.


• Coordinate internal & external audit requests including preparation of supporting reports and documentation, as well as preparing/reviewing revenue disclosures for SEC filings.


• Serves as a trusted advisor to the GM, Worldwide Revenue Controller and other senior leaders (including C-levels) on revenue accounting, financial reporting, process, systems and control matters.

Who you are:

• 10-15+ years of progressive accounting experience, including Big Four public accounting, preferred. Experience should be mostly in auditing and working in accounting functions at public technology companies that have revenue recognition as a critical accounting policy.


• Proven experience successfully managing and developing revenue accounting functions in a public company environment.


• Public company/SEC reporting, revenue recognition, SOX compliance experiences are required.


• An undergraduate degree in accounting, finance, economics, or a related field is preferred.


• In-depth knowledge of ASC 606 Revenue Recognition and related operational processes.


• High level of integrity and dependability with a strong sense of urgency and results orientation.


• Proven ability to thrive in a fast-paced, hyper-growth environment and adapt to changing work environments with the ability to prioritize urgent requests.


• Strong verbal and written communication skills - able to convey a message that is clear and concise, linking business issues, accounting concepts, financial results and strategy.


• Ability to translate analytical and data-driven results into key business and operational recommendations.

The Trade Desk does not accept unsolicited resumes from search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of The Trade Desk. The Trade Desk is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

The Trade Desk will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance No. 184652.

CO, CA, IL, NY, WA, and Washington DC residents only: In accordance with CO, CA, IL, NY, WA, and Washington DC law, the range provided is The Trade Desk's reasonable estimate of the base compensation for this role. The actual amount may differ based on non-discriminatory factors such as experience, knowledge, skills, abilities, and location. All employees may be eligible to become The Trade Desk shareholders through eligibility for stock-based compensation grants, which are awarded to employees based on company and individual performance. The Trade Desk also offers other compensation depending on the role such as sales-based incentives and commissions. Plus, expected benefits for this role include comprehensive healthcare (medical, dental, and vision) with premiums paid in full for employees and dependents, retirement benefits such as a 401k plan and company match, short and long-term disability coverage, basic life insurance, well-being benefits, reimbursement for certain tuition expenses, parental leave, sick time of 1 hour per 30 hours worked, vacation time for full-time employees up to 120 hours thru the first year and 160 hours thereafter, and around 13 paid holidays per year. Employees can also purchase The Trade Desk stock at a discount through The Trade Desk's Employee Stock Purchase Plan.

The Trade Desk also offers a competitive benefits package. Click here to learn more.

Note: Interns are not eligible for variable incentive awards such as stock-based compensation, retirement plan, vacation, tuition reimbursement or parental leave

At the Trade Desk, Base Salary is one part of our competitive total compensation and benefits package and is determined using a salary range. The base salary range for this role is

$137,300—$251,800 USD

As an Equal Opportunity Employer, The Trade Desk is committed to making our job application process accessible to everyone and toproviding reasonable accommodations for applicants with disabilities. If you have a disability or medical condition and requirean accommodation for any part of the application or hiring process,please contact us [e-mail]

You can also contact us using the same email address if you have a disability and need assistance to access our Company website.

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