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Udacity is on a mission to deliver impactful and cutting edge tech education that enables individuals and organizations to unlock their potential. We offer a unique and immersive online learning platform, powering corporate technical training in fields such as Artificial Intelligence, Machine Learning, Data Science, Autonomous Systems, Cloud Computing and more. Our rapidly growing global organization is revolutionizing how the enterprise market bridges the talent shortage and skills gaps during their digital transformation journey. Udacity is proud to be backed by respected investors like Andreessen Horowitz, Charles River Ventures, Bertelsmann and Drive Capital, among other leading VC firms, and provides a powerful and differentiated solution inside of a $32b total addressable market opportunity. Udacity has more than 100 enterprise customers including Airbus, Bertelsmann, BNP Paribas, Leidos, Mazda, and the United States Air Force.
It is an exciting time at Udacity! We're gearing up to scale globally, and are seeking a talented, hands-on Director of Revenue Accounting to lead the Revenue Accounting team, and drive critical improvements to the function. Reporting directly to the VP of Accounting, you will leverage your prior experience in a rapidly growing global company to ensure that Udacity's revenue recognition accounting policies are consistent with GAAP, and we are compliant in the various countries we operate in. You will bring with you a strong background in systems and process improvements for the entire order to cash process as well as a track record of successful project management. If you are excited about joining a company where your expertise and recommendations will be valued, and you're looking for an opportunity to affect policy/procedures and make a difference, read on!
What you'll do:
- Lead global Revenue Accounting, including billing and collections, and ensure our ability to scale through the development of efficient and streamlined processes.
- Provide thought leadership and build the order-to-cash process for scalability. Lead the team through change management.
- Serve as our accounting subject matter expert for technical revenue recognition matters and prepare technical Revenue Accounting memos.
- Evaluate revenue contracts to ensure alignment with company policies and GAAP principles and optimize revenue recognition while maintaining compliance.
- Develop and mentor the revenue team, fostering a culture of continuous learning and improvement.
- Work cross functionally with the go to market systems, sales operations and professional services teams to streamline billing, collection, and revenue processes.
- Implement and document controls and processes for the entire order to cash process.
- Collaborate with the Go To Market team throughout the contracting and collections process.
- Proactively identify ways to shorten AR and revenue close timelines.
- Develop and drive innovative process improvements that leverage technology and maximize overall efficiency while strengthening internal controls.
Requirements:
- BS in Accounting or related field; CPA required, and Big 4 audit experience preferred.
- 7+ years of experience with Revenue Accounting and reporting, including experience working in a publicly traded company.
- Strong knowledge of US GAAP, particularly revenue recognition (ASC 606).
- Candidate must be hands-on, have a strong work ethic, excel in a fast-paced environment, and be adaptable to changing responsibilities and priorities.
- Prior experience with NetSuite.
Location: While this is a remote role, applicants must be currently authorized to work in the United States of America on a full-time basis
Compensation: The base pay for this position ranges from $200,000 - $235,000 depending on experience and location. This role is also eligible for an annual discretionary bonus, and generous benefits.
Benefits:
Experience a rewarding work environment with Udacity's perks and benefits!
- At Udacity, we offer you the flexibility of working from home. We also have in-person collaboration spaces in Mountain View, Cairo, Dubai and Noida and continue to build opportunities for team members to connect in person
- Flexible working hours
- Paid time off
- Comprehensive medical insurance coverage for you and your dependents
- Employee wellness resources and initiatives (access to wellness platforms like Headspace, Modern Health )
- Quarterly wellness day off
- Personalized career development
- Unlimited access to Udacity Nanodegrees
What We Do
Forging futures in tech is our vision. Udacity is where lifelong learners come to learn the skills they need, to land the jobs they want, and to build the lives they deserve.
Don't stop there! Please keep reading...
You've probably heard the following statistic: Most male applicants only meet 60% of the qualifications, while women and other marginalized candidates only apply if they meet 100% of the qualifications. If you think you have what it takes but don't meet every single point in the job description, please apply!
We believe that historically, many processes disproportionately hurt the most marginalized communities in society- including people of color, working-class backgrounds, women and LGBTQ people. Centering these communities at our core is pivotal for any successful organization and a value we uphold steadfastly. Therefore, Udacity strongly encourages applications from all communities and backgrounds.
Udacity is proud to be an Equal Employment Opportunity employer. Please read our blog post for "6 Reasons Why Diversity, Equity, and Inclusion in the Workplace Exists"
Last, but certainly not least…
Udacity is committed to creating economic empowerment and a more diverse and equitable world. We believe that the unique contributions of all Udacians is the driver of our success. To ensure that our products and culture continue to incorporate everyone's perspectives and experience we never discriminate on the basis of race, color, religion, sex, gender, gender identity or expression, sexual orientation, marital status, national origin, ancestry, disability, medical condition (including genetic information), age, veteran status or military status, or any other basis protected by federal, state or local laws.
As part of our ongoing work to build more diverse teams at Udacity, when applying, you will be asked to complete a voluntary self-identification survey. This survey is anonymous, we are unable to connect your application with your survey responses. Please complete this voluntary survey as we utilize the data for diversity measures in terms of gender and ethnic background in both our candidates and our Udacians. We consider this data seriously and appreciate your willingness to complete this step in the process, if you choose to do so.
