Senior SaaS Accountant (Remote - U.S. Only) at AutoFi | Powderkeg

Location: San Francisco, CA

Employment Type: Full Time

Team: Finance

About AutoFi

AutoFi is the leading commerce platform for end-to-end digital automotive sales and financing, powering billions of dollars in transactions every year through a network of top lenders. Our cloud-based pricing platform and APIs offer customizable solutions to power prequalification and financing for the largest automotive brands in the industry.

We are funded for years of future growth and backed by investors including Crosslink Capital, Santander Holdings USA, SVB Financial Group, Ford, BMW iVentures and Mouro Capital. AutoFi recently raised an $85 million dollar financing at a nearly $700 million valuation to double down on our mission to bring joy and trust to the automotive market. You can read more about our recent financing [here](https://www.businesswire.com/news/home/20220306005035/en/AutoFi- Closes-85-Million-in-Funding-to-Accelerate-Growth).

After producing four consecutive years of 100% revenue growth, the AutoFi team in 2021 more than doubled in headcount, while our platform processed more than one million automotive financing requests that resulted in more than $3 billion in vehicle sales. Our recent round of funding will fuel continued growth, enabling us to keep innovating on behalf of our dealer, OEM, lender and enterprise clients.

Our team is diverse - spread out across the U.S. and Canada, we have backgrounds from finance and technology as well as deep experience in all areas of the auto space. We’re empathetic, gritty, curious, and humble owners of this business and are supported by some of the biggest names in the auto and financial industries as commercial partners. We’ve never been more excited about the opportunity in front of us to help transition the auto industry from offline to online. If changing a trillion-dollar industry sounds exciting, we’d love to hear from you. Read more about joining us here.

About the Role

We are looking for a smart, ambitious and experienced SaaS Accountant to support the business. This opportunity requires an experienced individual with high attention to detail, excellent problem-solving abilities, and an enthusiastic attitude. Candidates must have the ability to juggle multiple tasks and priorities, thrive in a highly driven environment, enjoy learning new skills, procedures, and systems, and have an overall desire to contribute to company growth. Candidates must also have strong experience in SaaS accounting, SaaS metrics/reporting & SaaS revenue recognition.

#LI-Remote

Responsibilities

  • Complete regular AR and billing/special billing processes, including daily cash receipts and cash reconciliation; maintenance of customer records and answering customer inquiries (account updates, billing questions, refund requests, etc); assisting with internal requests from other departments
  • Collaborate with and support DS managers and sales team Includes inquiries on overdue invoices, and following up with customers on payment details, applying discounts etc.
  • Manage revenue recognition ensuring all contract revenue is recorded in compliance with GAAP (ASC 606)
  • Research and resolve payment discrepancies
  • Assist with month, quarter and year end close procedures
  • Reconciliations of bank accounts
  • Revenue accrual journal entries
  • Performing analysis on AR reserves
  • Prepare monthly AR aging and yearly AR write off report for manager review
  • Assists with various AR and revenue related projects when assigned, including ad hoc reporting and changes to workflows
  • Maintain accounting compliance by understanding current and proposed US GAAP regulations
  • Backup for Accounts Payable and payroll
  • Assist with accounting projects as needed, including Month-End close and annual external audits

Requirements

  • Bachelor’s Degree in Accounting, Finance, Business or a field relevant to the position’s requirements
  • 5+ years’ experience in Accounting/Finance as an Accountant or Senior Accountant within SaaS industry
  • SaaS revenue experience required
  • Familiarity with Financial Accounting Standards Board (FASB) and International Financial Reporting Standards (IFRS) rules and relevant tax laws.
  • Strongly preferred to have accounting experience in a start-up environment
  • Excellent communication skills; verbal, written, and interpersonal
  • Ability to prioritize and meet deadlines
  • Ability to solve problems independently and within teams
  • Team oriented, but can work independently with minimal supervision
  • Proficient Excel, Bill.com, Expensify, Xero, Stripe, NetSuite a plus
  • Experience working within Automotive SaaS company a plus

AutoFi is an equal opportunity employer. Individuals seeking employment are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances.

Personal Information submitted as part of your application is subject to our website privacy policy, located at https://www.autofi.com/privacy-policy/

Job Summary
  • Job Title
    Senior SaaS Accountant (Remote - U.S. Only)
  • Company
    AutoFi
  • Location
    San Francisco, CA
  • Employment Type
    Full time
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