Revenue Accountant

Elevenlabs·Remote(United States)
Finance
Excel

WFA Digital Insight

The demand for skilled accountants in the tech industry has grown significantly, with a 25% increase in remote accounting roles in the past year. As companies like Elevenlabs continue to innovate and expand, the need for experts in revenue recognition and accounting has never been more pressing. With the rise of AI and machine learning, accountants must be able to navigate complex financial systems and ensure accuracy in revenue reporting. Elevenlabs, a leader in AI research and product development, is seeking a highly skilled Revenue Accountant to join their team. Candidates should be prepared to demonstrate their expertise in ASC 606 and their ability to work in a fast-paced, dynamic environment.

Job Description

About the Role

The Revenue Accountant role at Elevenlabs is a critical position that requires a deep understanding of revenue recognition and accounting principles. As a key member of the finance team, the successful candidate will be responsible for managing the company's revenue recognition process, ensuring compliance with ASC 606, and providing expert guidance on revenue-related matters. The role will involve working closely with cross-functional teams, including sales, legal, and billing operations, to ensure accurate and timely revenue recognition.

The Revenue Accountant will be responsible for leading the revenue close process, managing deferred revenue, and performing journal entry reviews. They will also be required to partner with the sales team to review contracts and assess performance obligations, ensuring that revenue is recognized accurately and in accordance with company policies.

Elevenlabs is a fast-growing company with a complex revenue model, and the successful candidate will need to be able to navigate this complexity with ease. They will be expected to build scalable processes, manage technical standards, and coordinate with external auditors to ensure the company's financial statements are accurate and compliant with regulatory requirements.

What You Will Do

  • Manage the revenue recognition process, ensuring compliance with ASC 606
  • Lead the revenue close process, including managing deferred revenue and performing journal entry reviews
  • Partner with the sales team to review contracts and assess performance obligations
  • Provide expert guidance on revenue-related matters to cross-functional teams
  • Build scalable processes to support the company's growing revenue model
  • Coordinate with external auditors to ensure accurate and compliant financial statements
  • Manage technical standards and ensure compliance with company policies
  • Develop and maintain financial models to support revenue forecasting and planning
  • Collaborate with the finance team to ensure accurate and timely financial reporting
  • Stay up-to-date with changes in revenue recognition standards and regulatory requirements

What We Are Looking For

  • Deep expertise in ASC 606, including multi-element arrangements, SSP evaluation, variable consideration, contract modifications, and principal vs. agent analysis
  • Experience leading the revenue close process, including deferred revenue management and journal entry review
  • Track record of partnering with sales and legal teams on contract review and revenue impact assessments
  • Experience operating in a pre-IPO or public company environment, with direct exposure to external audit and controls build-out
  • Strong understanding of financial accounting and reporting principles
  • Excellent analytical and problem-solving skills
  • Ability to work in a fast-paced, dynamic environment
  • Strong communication and interpersonal skills
  • Experience with financial planning and analysis, including budgeting and forecasting

Nice to Have

  • Experience with financial planning and analysis software, such as Anaplan or Adaptive Insights
  • Knowledge of machine learning and AI applications in finance
  • Experience with data visualization tools, such as Tableau or Power BI
  • Certification in accounting, such as CPA or CMA

Benefits and Perks

  • Competitive salary and benefits package
  • Opportunity to work with a fast-growing and innovative company
  • Collaborative and dynamic work environment
  • Professional development opportunities, including training and education programs
  • Flexible work arrangements, including remote work options
  • Access to the latest technology and tools
  • Recognition and reward programs for outstanding performance
  • Comprehensive health and wellness programs
  • Retirement savings plan with company match
  • Annual company offsite and social travel stipend
  • Co-working stipend for remote employees

How to Stand Out

  • Make sure to highlight your experience with ASC 606 and revenue recognition principles in your application.
  • Be prepared to provide examples of your experience with financial planning and analysis, including budgeting and forecasting.
  • Showcasing your ability to work in a fast-paced, dynamic environment and your strong analytical and problem-solving skills will be beneficial.
  • Familiarize yourself with Elevenlabs' products and services, and be prepared to discuss how your skills and experience align with the company's goals.
  • Be prepared to discuss your experience with external auditors and controls build-out, and how you have ensured compliance with regulatory requirements.
  • A certification in accounting, such as CPA or CMA, can be beneficial in standing out as a candidate.
  • Be prepared to provide examples of your experience with financial planning and analysis software, such as Anaplan or Adaptive Insights.

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