Senior Revenue Accountant at Relay

Raleigh, North Carolina, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Technology, Hardware, SaaS, Frontline Worker TechnologyIndustries

Requirements

4-6 years of general ledger experience

Responsibilities

Develop a deep understanding of Relay products and the order-to-cash cycle to provide accurate revenue recognition guidance based on authoritative literature and company’s policies
Prepare monthly revenue recognition journal entries, AR, unbilled receivable and deferred revenue reconciliations, and other monthly close related tasks as assigned
Review sales/purchase orders, specific customer contracts and invoices for completeness, accuracy, and proper revenue accounting treatment including multiple performance obligations arrangements
Document and account for new sales or renewal contracts in accordance with ASC 606
Analyze and communicate the monthly P&L performance (specifically revenue and cost of revenue) through the preparation and presentation of concise financial summaries for monthly close meetings
Prepare and review detailed workpapers and supporting schedules, ensuring readiness for external audits and due diligence requirements
Document, update and refine the Company’s revenue recognition policy as well as participate in continuous improvements to further scale and streamline our revenue process
Assist the Sr. Manager, Revenue Accounting in developing and implementing best practices for revenue recognition processes, and internal procedures
Collaborate closely with FP&A to ensure alignment on the calculation and reporting of key internal revenue metrics and KPIs
Partner with the Billing team to execute monthly collections analysis and accurately calculate the A/R allowance
Support broader accounting team initiatives and special projects through cross-functional collaboration

Skills

Key technologies and capabilities for this role

Revenue RecognitionRevenue AccountingContract ReviewASC 606Financial ReportingCross-functional CollaborationGAAP

Questions & Answers

Common questions about this position

Is this role remote or based in an office?

This role will be based in Relay's Raleigh, North Carolina HQ.

What are the key responsibilities of the Senior Revenue Accountant?

The role involves managing revenue recognition, preparing monthly journal entries and reconciliations, reviewing contracts for ASC 606 compliance, and analyzing P&L performance for monthly meetings.

What kind of company culture can I expect at Relay?

Relay offers a dynamic high-growth start-up environment where you'll collaborate cross-functionally with Sales, Operations, Legal, and Finance teams.

What skills or experience make a strong candidate for this role?

Strong candidates will have expertise in revenue recognition under ASC 606, experience with contract reviews and multiple performance obligations, and the ability to build cross-functional relationships while thriving in a high-growth startup.

What is the salary or compensation for this position?

This information is not specified in the job description.

Relay

Communication platform for workforce efficiency

About Relay

Relay is a communication platform aimed at improving workforce efficiency, especially for workers who do not have access to traditional communication tools or who use walkie-talkies. The platform utilizes Push-to-Talk (PTT) technology, which allows users to communicate instantly without the limitations of traditional walkie-talkies, such as limited range and security concerns. Relay includes features like GPS tracking, emergency alerts, and works on both mobile and desktop devices, all controlled through a voice interface. Unlike its competitors, Relay focuses on providing a subscription service that includes software integrations and regular updates to adapt to the changing needs of businesses. The main goal of Relay is to enhance communication for active workers, ensuring they can connect efficiently and safely.

Raleigh, North CarolinaHeadquarters

2015Year Founded

$46.7MTotal Funding

SERIES_BCompany Stage

Consulting, Enterprise SoftwareIndustries

201-500Employees

Benefits

Health, dental & vision

PTO

Paid sick leave

401(k) with 3% match

Paid parental leave

Connection & wellness credit

Equipment & tools

Flexible work environment

Free snacks & fun times

Risks

Emerging competitors like Apiture and Vantaca threaten Relay's market share.

Rapid AI translation advancements by others could outpace Relay's TeamTranslate feature.

Reliance on Series B funding may lead to financial instability if growth targets aren't met.

Differentiation

Relay offers real-time language translation for frontline teams, enhancing communication efficiency.

The platform integrates GPS tracking and emergency alerts, ensuring worker safety and coordination.

Relay's voice interface eliminates the need for traditional bulky walkie-talkies, improving mobility.

Upsides

Relay's Series B funding of $35M supports growth in productivity and safety features.

The demand for cloud-based communication platforms is rising, benefiting Relay's scalable solutions.

Advancements in voice interface technology enhance Relay's user interaction and accessibility.

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