Senior Revenue Accountant at Coalition | Powderkeg

Location: United States

Employment Type: Full-time

Team: Accounting

About Us

Founded in 2017, Coalition is on a mission to solve cyber risk and create a safer digital economy where everyone can thrive. Digital risk is now a part of every business and it’s no longer solely the domain of technical teams. That’s why we combined comprehensive insurance with proactive cybersecurity tools to help organizations stay resilient to digital risks like cyber attacks, funds transfer fraud and much more.

Our team works collaboratively across North America and Europe to prevent security failures and provide both technical and financial help when incidents do occur. Today, Coalition is the world’s largest commercial insurtech serving over 130,000 customers including many small businesses that rely on Coalition to help them chart a path forward in the new digital world.

As of September 2021, Coalition has raised $520 million from leading global technology investors as well as highly-regarded institutional investors including: Index Ventures, Ribbit Capital, Valor Ventures, Durable Capital, T. Rowe Price Advisors, and Whale Rock Capital, valuing the company at more than $3.5 billion.

Coalition has experienced tremendous growth by helping organizations of all sizes solve real-world problems and by remaining true to our founding values of character, humility, responsibility, authenticity and diversity. That’s why we are proud to be named one of Inc’s Best Places to Work in 2021.

About The Role

The Senior Revenue Accountant will be part of the Revenue team and ensure revenue is recognized according to the company’s revenue recognition policies. You will be working in a fast-paced environment where you will need to be able to multitask and exercise analytical thinking. You will become a subject matter expert in revenue recognition and contribute to the continuous improvement in processes and procedures related to revenue recognition.

Responsibilities

  • Own day-to-day revenue activities to ensure the policy premium amount and term are accurate and the revenue recognition is set up properly in accordance with ASC 606.
  • Perform monthly balance sheet account reconciliations and journal entries for month end close.
  • Continually Identify potential process improvement and document the process control procedures.
  • Participate in revenue projects related to system automation and implementation.
  • Perform User acceptance Testing (UAT) for new products and programs.
  • Prepare support for monthly close packages and internal/external quarterly audit requests.
  • Assist with the audit inquiries and preparation of audit supporting documents.
  • Support the revenue/accounting team with ad hoc projects.

Additional Contributions

  • Exercise independent assessment to identify any potential issues or the best practice.
  • Collaborate with cross-functional teams to drive process improvements within the order to cash cycle.
  • Communicate with various external and internal teams to solve issues and improve processes.

Skills and Qualifications

  • 2-3 years of direct revenue recognition experience in a high-growth environment.
  • Thorough understanding of ASC 606 revenue recognition standards.
  • Working experience with a revenue recognition software such as NetSuite ARM.
  • Proficiency with Microsoft Excel.
  • Critical analytical skills and ability to apply various formulas to analyze a large database.
  • Strong written and oral communication skills.
  • Accuracy and attention to detail.
  • Bachelor’s Degree, or equivalent; finance or business preferred.

Why Coalition?

Coalition's culture is one that strongly values humility, authenticity, and diversity. We want to work with people of different backgrounds and different paths in life, and we trust our team members to take responsibility, share ownership and work for one another. We are always looking for collaborative, inquisitive and dedicated individuals to join our team.

Recent press releases:

[Coalition Closes $205 Million Series E, Valuing the Cyber Insurance Provider At More Than $3.5 Billion](https://pulse2.com/coalition-205-million-series-e- funding-and-over-3-5-billion-valuation/)

Coalition is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

#LI-REMOTE

Job Summary
  • Job Title
    Senior Revenue Accountant
  • Company
    Coalition
  • Location
    San Francisco, CA
  • Employment Type
    Full time
Ready to apply?
Ready to apply?