What are the responsibilities and job description for the Revenue Accounting Manager position at Zūm?
About Zūm:
Zūm is a rapidly expanding Series E startup backed by industry leaders Sequoia Capital, SoftBank, Spark Capital, and GIC, with a bold mission to transform the stagnant school transportation industry. Operating in over 15 states across the United States—with flagship hubs in San Francisco, Los Angeles, and Seattle—we are actively extending our reach to the East Coast and Midwest regions. As a technology-driven company, we deploy cutting-edge solutions to manage and operate school district transportation systems while also launching our own charter platform and developing proprietary SaaS offerings. Additionally, we are spearheading a nationwide initiative to electrify school transportation fleets, simultaneously supporting local utilities by feeding much-needed energy back into the grid. We have been recognized as CNBC 50 disruptor, Financial Times 500 fastest growing companies, Fast Company World Changing Ideas.
Who You Are:
Reporting to the Director of Revenue Accounting Operations, the Revenue Accounting Manager is responsible for providing support to the business with revenue data in addition to traditional monthly close and operational activities including billing and collections. The Revenue Accounting Manager will be playing a key role in ensuring revenue is calculated timely and accurately as well as partner with teams across the organization.
This role is a hybrid role based at the Zūm’s headquarters in Redwood Shores, CA and requires you are in office Monday, Tuesday, and Thursday.
What You'll Do:
• Execute monthly revenue and accounts receivable close procedures, ensuring accurate results are delivered timely for reporting in accordance with US GAAP including reviewing journal entries and reconciliations
• Ability to connect with Customers to resolve outstanding items including detail adherence to contractual provisions by the customer
• Prepare and/or review the billing, accounts receivable and cash collections processes including day-to-day troubleshooting and customer support on billing inquiries, and ensure accuracy of customer contractsEnsure all revenue recognized meets revenue criteria consistent with ASC 606
• Assist in preparation of audit-ready memos for revenue-related standard and non-standard contracts and audited financials as needed
• Partner with Engineering and Sales to fulfill billing data requirements, resolve any customer billing concerns and optimize current processes
• Conduct flux analysis of revenue and accounts receivable accounts
• Build new processes to help the business scale and be a key point person for ERP (NetSuite) revenue module
• Review reports provided to Finance/Sales/ Operations prior to distribution
• Support audit deliverables and help coordinate with auditors during the year-end audit
• Manage and calculate AR reserve balances
• Manage, mentor and develop junior staff members on the team, contribute to a positive and collaborative team culture with highest integrity and sense of ownership
• Assist with special projects needed by Management
What You Bring To Zūm:
• Licensed CPA and Big 4 Accounting firm experience preferred
• Bachelor’s Degree in Accounting or Finance
• 6 years combined Public Accounting and/or Industry experience
• Proficient in GAAP including ASC 606 and SOX Accounting Standards
• Experienced in writing accounting position papers
The targeted base salary range for this role is listed in the compensation section below. Actual salary may be above or below this range based on factors such as location, skills, and relevant experience. In addition, this position may include additional compensation in the form of equity or commissions. If you are a full-time salaried or hourly worker, we offer the following benefits: Medical, Dental, Vision, 401(k), Holidays, Wellness, Vacation, and more. The targeted pay range for this role in US CA is: $110,000 - $160,000
\nZum Services, Inc. and all its subsidiaries provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Salary : $110,000 - $160,000