[Remote] Director, Revenue Recognition at Restaurant365

Remote

Restaurant365 Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field (CPA preferred)
  • 8+ years of progressive accounting/finance experience
  • At least 2 years in a management role
  • Strong knowledge of GAAP, ASC 606, and revenue recognition principles
  • Experience managing treasury operations and commission structures
  • Proficiency with ERP systems (Intacct preferred) and financial reporting tools
  • Excellent analytical, problem-solving, and communication skills
  • Experience with financial reporting and analysis

Responsibilities

  • Lead and oversee critical accounting functions, including revenue recognition, treasury management, and commission processes
  • Ensure compliance with accounting standards, safeguard company cash flows, and support accurate and timely reporting of financial performance
  • Partner with Sales, Operations, and Legal teams to review contracts and identify revenue implications
  • Monitor deferred revenue, accruals, and reconciliations to ensure accuracy and completeness
  • Drive improvements in revenue forecasting, reporting, and analysis
  • Manage cash flow, banking relationships, and liquidity to support business operations and growth
  • Oversee daily cash operations, including disbursements, investments, and account reconciliations
  • Develop and maintain cash flow forecasting models
  • Optimize treasury policies, banking structures, and controls to reduce risk and improve efficiency
  • Lead administration of commission plans, ensuring timely and accurate calculations, accruals, and payments
  • Collaborate with Sales Operations and HR to review plan structures and ensure compliance with policies
  • Provide analysis and reporting to leadership on commission trends, costs, and alignment with company goals
  • Implement systems and process improvements to enhance transparency and reduce errors
  • Manage and mentor accounting staff, fostering a culture of accountability, accuracy, and continuous improvement
  • Partner with FP&A, Sales, and Executive leadership to provide insights into revenue, cash flow, and compensation impacts
  • Support external audit, tax, and compliance requirements related to revenue, treasury, and compensation
  • Drive process automation and system enhancements to strengthen internal controls and streamline reporting

Skills

Restaurant365

Comprehensive restaurant management software platform

About Restaurant365

Restaurant365 offers a software platform that helps manage various aspects of restaurant operations, including accounting, inventory, labor tracking, and scheduling. The subscription-based service connects to point of sale (POS) systems to gather sales and labor data, which aids in creating accurate financial records and optimizing performance. It provides real-time tracking tools for performance insights and simplifies administrative tasks, allowing managers to focus on guest experiences. With a strong partner ecosystem of over 400 vendors, Restaurant365 supports restaurants in improving their operations and efficiency.

Irvine, CaliforniaHeadquarters
2011Year Founded
$425.6MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
1,001-5,000Employees

Benefits

Health Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Wellness Program

Risks

Integration challenges with new acquisitions like ExpandShare may cause inefficiencies.
Rapid expansion could strain resources and affect service quality.
Dependence on third-party integrations poses risks if partnerships change.

Differentiation

Restaurant365 offers a comprehensive, cloud-based restaurant management platform.
The platform integrates accounting, inventory, labor, and scheduling into one solution.
Restaurant365's strong partner ecosystem enhances its service offerings.

Upsides

Recent $175M funding supports product innovation and acquisitions.
Integration with AI-driven analytics enhances data insights and operational efficiency.
Growing demand for sustainability tracking presents new feature opportunities.

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