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- Tasks: Manage revenue accounting, ensure compliance, and collaborate with cross-functional teams.
- Company: Join Synthesia, a fast-growing AI video communications platform transforming content creation.
- Benefits: Competitive salary, stock options, generous leave, and private medical insurance.
- Why this job: Be part of an innovative team shaping the future of video communication.
- Qualifications: 5+ years in revenue accounting, strong analytical skills, and knowledge of ASC 606.
- Other info: Dynamic work environment with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Welcome to the video-first world. From your everyday PowerPoint presentations to Hollywood movies, AI will transform the way we create and consume content. Today, people want to watch and listen, not read - both at home and at work.
Meet Synthesia. We are on a mission to make video easy for everyone. Our AI video communications platform simplifies the entire video production process, making it easy for everyone, regardless of skill level, to create, collaborate, and share high-quality videos. Whether it is for delivering essential training to employees and customers or marketing products and services, Synthesia enables large organizations to communicate and share knowledge through video quickly and efficiently.
About the role... We are seeking a highly analytical and results-driven Senior Revenue Accountant to join our dynamic team. The ideal candidate will have a strong background in revenue recognition, contract review, financial analysis, and data management, with a proven ability to analyze complex data sets and communicate insights effectively. This operational and technical role will require collaboration with cross-functional teams, including legal, sales, and deal desk, to drive accurate financial statements. The hands-on manager will personally own all revenue related tasks with the ability to train and mentor new team members in the future as the team grows.
What you will be doing...
- Manage month-end and year-end close activities related to revenue: This includes preparing journal entries, account reconciliations, and deferred revenue schedules, along with analyzing revenue trends and performance.
- Ensure compliance with revenue recognition standards: This involves a deep understanding and application of ASC 606/IFRS 15 (Revenue from Contracts with Customers).
- Review and analyze complex sales agreements and contracts: This involves evaluating the revenue implications of proposed contracts and ensuring they comply with company policy and revenue recognition standards.
- Collaborate with other departments: This includes working closely with sales, legal, and deals desk teams to ensure accuracy and resolve revenue-related issues.
- Assist with external audits: This involves preparing audit schedules and responding to inquiries from external auditors regarding revenue recognition practices.
- Identify and implement process improvements: This includes developing and maintaining desktop procedures for revenue accounting activities and exploring automation solutions to enhance efficiency and accuracy.
- Responsible for system integrations and reconciliations to ensure data is complete and accurate.
- Partner with other departments on introduction of new products and new products set up in various systems.
- Partner with FPA on revenue forecasting and variance analysis.
- Own and update the company's revenue memo(s) as needed.
We would love to hear from you if you have...
- Bachelor's degree in Finance, Accounting, Economics, or a related field; Master's degree or professional certification (e.g., ACA, CPA) is a plus.
- 5+ years of experience in revenue, billing, financial analysis, or a related field, preferably within the technology industry with at least 3 years specifically in Revenue Accounting.
- In-depth knowledge of accounting principles: This includes a deep understanding ASC 606/IFRS15 including SSP allocations, contract modifications and material rights.
- Proficiency with ERP systems such as NetSuite, or equivalent platforms.
- Full understanding of Q2C lifecycle with emphasis on sales-led enterprise contracts and related billing/revenue.
- Customer service orientation and strong communication skills.
We would be particularly excited if you have...
- Experience with revenue allocation tools (Netsuite ARM, Zuora etc).
- Experience with Salesforce & Workato (or other iPaaS tools).
- Experience with Stripe (reporting and revenue for self-serve / PLG subscriptions).
- Multi-Subsidiary, Multi-Currency environment/experience.
- SaaS industry experience with multiple performance obligations.
At Synthesia we expect everyone to...
- Put the Customer First
- Own it & Go Direct
- Be Fast & Experimental
- Make the Journey Fun
The good stuff... In addition to being a part of a great team, working in a fun and innovative environment, we offer...
- A competitive salary + stock options in our fast-growing Series D start-up.
- Paid parental leave entitling primary caregivers to 16 weeks of full pay, and secondary 5 weeks of full pay.
- 25 days of annual leave + public holidays in the country where you are based.
- Cycle to work scheme (London).
- Regular socials.
- Private Medical Insurance (Medical History Disregarded basis) including mental health support, dental & vision, cashback and gym discounts. (UK)
- A generous referral scheme.
- Pension contribution/salary sacrifice.
- Work from home set up.
- A huge opportunity for career growth as you will help shape a market-defining product.
Senior Revenue Accountant employer: Synthesia
Contact Detail:
Synthesia Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Revenue Accountant
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Show them you’re not just another candidate; you’re genuinely interested in their mission and values.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills align with the role of Senior Revenue Accountant. Highlight your experience with revenue recognition and financial analysis.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Senior Revenue Accountant
Some tips for your application 🫡
Show Your Analytical Skills: As a Senior Revenue Accountant, we want to see your analytical prowess shine through in your application. Highlight your experience with revenue recognition and financial analysis, and don’t shy away from sharing specific examples of how you've tackled complex data sets.
Tailor Your Application: Make sure your application speaks directly to the job description. We love it when candidates customise their CVs and cover letters to reflect the skills and experiences that align with our needs, especially around ASC 606/IFRS 15 compliance.
Be Clear and Concise: We appreciate clarity! When writing your application, keep it straightforward and to the point. Use bullet points where possible to make your achievements stand out, and ensure your communication style reflects the collaborative nature of our team.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to track your application and ensures you’re considered for this exciting opportunity at Synthesia!
How to prepare for a job interview at Synthesia
✨Know Your Revenue Recognition Standards
Make sure you brush up on ASC 606 and IFRS 15 before the interview. Being able to discuss these standards confidently will show that you understand the core principles of revenue accounting, which is crucial for the Senior Revenue Accountant role.
✨Prepare for Technical Questions
Expect questions about complex sales agreements and how you would evaluate their revenue implications. Practise explaining your thought process clearly, as this will demonstrate your analytical skills and ability to communicate insights effectively.
✨Showcase Your Collaboration Skills
Since this role involves working with cross-functional teams, be ready to share examples of how you've successfully collaborated with departments like sales or legal in the past. Highlighting your teamwork will show that you're a good fit for their dynamic environment.
✨Bring Process Improvement Ideas
Think about any process improvements you've implemented in previous roles, especially related to revenue accounting. Be prepared to discuss these ideas during the interview, as Synthesia values innovation and efficiency in their operations.
