Director of Revenue at Zūm

Redwood City, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Biotechnology, SoftwareIndustries

Requirements

Candidates must be based in the Bay Area and have experience managing a revenue team, including onshore and offshore members. A strong understanding of ASC 606, US GAAP, and SOX regulations is essential, along with experience in revenue recognition, order management, billing, and collections. Familiarity with NetSuite is preferred, and the ability to collaborate effectively with various departments is required.

Responsibilities

The Director of Revenue Accounting will lead the revenue accounting function, overseeing revenue recognition, order management, billing, and collections in compliance with ASC 606 and US GAAP. This role involves managing the monthly, quarterly, and annual revenue close processes, collaborating with cross-functional teams to streamline processes and ensure data accuracy, and partnering with Business Development and Legal on new arrangements. Responsibilities also include reviewing journal entries, leading process improvements and automation for billing, maintaining a cash collection forecast, preparing audit-ready memos and disclosures, participating in deal reviews, providing revenue inputs to FP&A, building new processes for scalability, establishing and monitoring KPIs for the revenue cycle, and serving as the primary liaison for external auditors on revenue topics.

Skills

Revenue accounting

GAAP

SOX

financial reporting

team leadership

mentoring

revenue recognition

internal controls

onshore/offshore coordination

ERP/financial systems

Zūm

Tech-driven school transportation solutions

About Zūm

Zum provides a transportation solution specifically designed for school children, focusing on efficiency and environmental sustainability. The company operates a fleet that includes electric vehicles, aiming to reduce carbon emissions in school transportation. Zum's platform utilizes analytics to optimize operations, featuring an app that allows parents, drivers, and schools to track the location of buses and students in real-time. This enhances safety and provides transparency, while also saving time and costs for both schools and parents. Additionally, the platform offers tools for drivers and operators to manage fleets and staffing, ensuring optimized routes and individual student care. Zum differentiates itself from competitors through its commitment to safety, transparency, and sustainability, as well as its focus on cost and time savings. The company's goal is to create a reliable and eco-friendly transportation service that meets the needs of students, parents, and schools.

Redwood City, CaliforniaHeadquarters

2014Year Founded

$358.7MTotal Funding

GRANTCompany Stage

Data & Analytics, Automotive & TransportationIndustries

201-500Employees

Benefits

Competitive compensation, including cash and equity

Medical, dental and vision benefits, including paid membership to One Medical

Unlimited vacation policy

Free daily catered lunches + fully stocked kitchen at HQ

Risks

Driver shortages may impact service reliability despite hiring incentives.

Integration of Zum's platform for special education students may face operational challenges.

Reliance on electric vehicles poses risks if electricity supply is disrupted.

Differentiation

Zum uses advanced analytics to optimize school transportation operations.

The company offers a transparent app for tracking buses and students in real-time.

Zum's fleet includes electric vehicles, promoting sustainability and cost savings.

Upsides

Zum's partnership with Omaha Public Schools showcases its scalable technology platform.

Recognition by Fortune and CNBC boosts Zum's brand credibility and investor interest.

Electric buses with bidirectional charging offer new revenue streams through energy storage.

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