Job Description: About Tradeshift Tradeshift is the cloud-based supply chain platform that transforms the way B2B buyers and sellers connect, transact and trade. We’re a leader in e-invoicing and AP automation, offering tools for compliant e-invoicing in 50+ countries, including China. We’re also an innovator in B2B marketplaces and embedded fintech services that bring value, opportunity and growth to any business that joins the network. Tradeshift’s vision is to connect every company in the world, creating economic opportunity for all. Today, the Tradeshift platform is home to a rapidly growing community of buyers and sellers operating in more than 190 countries. Vision: To connect every company in the world, creating economic opportunity for all. Mission: We build technologies that help companies grow by giving them access to cheaper capital, increased efficiency, and digital global trade. Tradeshift connects and empowers B2B commerce across global supply chains. We help B2B buyers and sellers grow together through technology that ensures every business has the access and tools they need to benefit fully from digital global trade.We’re a leader in e-invoicing and AP automation, offering full international compliance in 50+ countries including China. We’re also an innovator in B2B marketplaces and embedded fintech services that bring value, opportunity and growth to any business that joins the network. Seller value sits at the core of our technology proposition, and suppliers have voted Tradeshift the most reliable network on the market. Our commitment to creating value for any business that joins the Tradeshift network means suppliers onboard faster and buyers achieve their digitization objectives quicker. We establish an average of 40,000 new seller connections to Tradeshift every month. Our open platform offers seamless integration with any application you need to manage your supplier relationships. Pick a partner capable of delivering across your entire digital transformation journey - Digitize, Automate, Grow. Tradeshift has grown to over 350 people with offices in 7 countries and a Hybrid, virtual first way of working, but our focus hasn’t wavered. We believe that nothing connects a fragmented world like commerce. We digitize and connect everything that happens between a buyer and a seller, anywhere in the world. We help businesses: Connect with all their suppliers digitally Remove paper and manual processes across procure-to-pay Buy what they need faster and manage supplier risk Products: B2B Marketplace Platform for E-Procurement AP Automation Supplier Collaboration & Analytics Supplier Financing Virtual Credit Cards Professional Services Platform & Network Stats The Tradeshift network is approaching 120,000 transacting suppliers and 2.5 millions connections Buyers in 78 countries and Sellers in 97 Process approximately 2,000,000 transactions per month In excess of $20B dollars transacted on the platform monthly In July 2021, Tradeshift surpassed one trillion dollars in total value of transactions processed across its platform Job Summary: The Revenue Accounting Manager is responsible for overseeing the revenue recognition process in accordance with applicable accounting standards (e.g., ASC 606). This role involves managing the revenue accounting team, ensuring accurate and timely financial reporting, and collaborating with cross-functional teams to support business objectives. The Revenue Accounting Manager will also play a key role in developing and implementing policies and procedures related to revenue recognition and compliance. Key Responsibilities: 1. Revenue Recognition: - Ensure compliance with revenue recognition standards (ASC 606/IFRS 15) and company policies. - Review and analyse contracts to determine appropriate revenue recognition treatment. - Oversee the preparation and review of revenue-related journal entries and reconciliations. 2. Financial Reporting: - Prepare and present revenue reports for management, highlighting trends, variances, and key performance indicators. - Assist in the preparation of monthly, quarterly, and annual financial statements. - Coordinate with external auditors during the audit process related to revenue recognition. 3. Team Management: - Lead and mentor the revenue accounting team, providing guidance and support in their professional development. - Assign tasks and manage workloads to ensure timely completion of revenue accounting activities. 4. Process Improvement: - Identify opportunities for process improvements and efficiencies within the revenue accounting function. - Develop and implement best practices for revenue recognition and reporting. 5. Cross-Functional Collaboration: - Work closely with sales, legal, and operations teams to ensure accurate contract terms and conditions are reflected in revenue accounting. - Collaborate with IT and systems teams to enhance revenue recognition systems and reporting tools. 6. Compliance and Internal Controls: - Establish and maintain internal controls related to revenue recognition and reporting. - Ensure compliance with relevant regulations and company policies. 7. Training and Development: - Provide training to internal stakeholders on revenue recognition policies and procedures. - Stay updated on changes in accounting standards and industry practices related to revenue recognition. Qualifications: Education: Bachelor’s degree in Accounting, Finance, or a related field; CPA , ACA or equivalent certification preferred. Experience: - Minimum of 3 years of experience in accounting, with a focus on revenue recognition. - Previous experience in a managerial or supervisory role is preferred. Technical Skills: - Strong knowledge of U.S. GAAP and IFRS related to revenue recognition. - Proficiency in accounting software (e.g., NetSuite but not essential ) and MSExcel. Analytical Skills: - Excellent analytical and problem-solving skills, with a keen attention to detail. Communication Skills: - Strong verbal and written communication skills, with the ability to present complex information clearly. Interpersonal Skills: - Ability to work collaboratively in a team environment and build relationships across departments.
