[Remote] Senior Accountant (Revenue & Accounting Operations) at Versapay

United States

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

Bachelor’s degree in Accounting or Finance; CPA
4–6 years of progressive accounting experience with SaaS or technology companies
Strong understanding of revenue recognition (ASC 606) and GAAP principles
Experience with ERP systems (NetSuite, Intacct, or similar) and excel
Ability to work independently, meet deadlines, and manage multiple priorities
Excellent communication and problem-solving skills

Responsibilities

Own key areas of the month-end close process, ensuring timely and accurate completion
Prepare and review journal entries, account reconciliations, and supporting schedules
Support preparation of financial statements in accordance with US GAAP
Partner with FP&A on variance analysis and reporting
Manage end-to-end accounting for subscription and professional services revenue in compliance with ASC 606
Set up new customer subscriptions in NetSuite for accurate billing, deferred revenue, and revenue recognition schedules
Review customer contracts and ensure proper configuration of billing terms, revenue elements, and allocations
Review customer contracts to assess revenue recognition timing and allocation
Maintain deferred revenue schedules and reconcile contract liabilities
Maintain month-end reporting package schedules (revenue, backlog, churn, etc)
Support annual audit process and provide necessary documentation to external auditors
Assist in strengthening internal controls and developing accounting policies and procedures
Contribute to the automation and optimization of accounting workflows
Help implement or enhance ERP and financial systems (NetSuite/Suitebilling)
Collaborate with cross-functional teams (Sales Ops, RevOps, HR, Legal) to align data flows and processes

Skills

Versapay

Automates accounts receivable processes for businesses

About Versapay

VersaPay automates accounts receivable processes for businesses, focusing on the B2B market. Its main product, the ARC platform, simplifies invoicing and payment by providing an online self-service portal where customers can receive invoices, make payments, and communicate with businesses. This portal is customizable, allowing clients to tailor the experience to their needs, which enhances customer satisfaction and retention. VersaPay operates on a subscription-based model, charging clients a recurring fee for access to the ARC platform, along with potential transaction fees for processed payments. This focus on customer-friendly solutions sets VersaPay apart from competitors in the financial technology sector, which is rapidly growing due to the demand for digital business solutions. The company's goal is to improve the efficiency of accounts receivable processes, making them more secure and user-friendly for businesses and their customers.

Toronto, CanadaHeadquarters

2006Year Founded

$18.7MTotal Funding

IPOCompany Stage

Enterprise Software, FintechIndustries

201-500Employees

Benefits

Remote Work Options

Flexible Work Hours

Risks

Emerging fintech startups like Zūm Rails pose competitive threats to Versapay.

Relocating headquarters to Miami-Dade may cause operational and cultural challenges.

New executive appointments could lead to strategic shifts affecting client relationships.

Differentiation

Versapay offers a cloud-based invoice-to-cash solution for superior customer experience.

The ARC platform provides a customizable self-service portal for efficient invoicing and payments.

Versapay integrates with various ERPs for automatic payment reconciliation and real-time insights.

Upsides

Versapay's network grew 5X in 18 months, now serving 5 million businesses.

The mid-market's demand for digital AR solutions presents growth opportunities for Versapay.

Versapay's focus on secure transactions aligns with the trend towards virtual card adoption.

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