Senior Revenue and Technical Accountant

Ripple | Building the Internet of Value. Enabling the world to move value the way information moves today

About

Discover why hundreds of financial institutions choose RippleNet to provide a better payments experience and enable greater economic opportunity for everyone, everywhere.

Overview

San Francisco, CA, USA

Ripple

Job Description

Senior Revenue and Technical Accountant

Ripple is seeking a collaborative and critical thinking individual to join our growing accounting team. As the Senior Revenue and Technical Accountant, you will be primarily responsible for the accurate reporting and analysis of revenue recognition, and participate in researching other technical accounting matters. This role will drive the revenue general ledger process to ensure timely and accurate close of all revenue-related accounts. You will liaise with cross-functional teams to advise on deal structures from a revenue accounting perspective before contract execution. You will prepare technical revenue accounting memos on any new product offerings, and maintain the current revenue accounting policy to ensure it stays relevant and current. In addition to the revenue accounting responsibilities, this role will be involved in addressing other challenging technical accounting issues as they arise and participate in the financial reporting process. This role will be reporting to the Manager of Technical Accounting and Financial Reporting.

The ideal candidate has experience with ASC 606 and general technical accounting research, excellent attention to detail, enjoys working in a dynamic environment and being challenged. Another key ingredient to success for this role is to have a genuine interest to learn more about the blockchain industry and the digital asset ecosystem.

What you’ll do:

Own the GL function for revenue, deferred contract costs and deferred revenue sections. Ensure an accurate book of records, record monthly revenue journal entries, timely reconciliations at each month-end. Maintain ownership of revenue recognition management software.
Manage revenue recognition policy for all revenue streams, prepare revenue checklists for new deals, and perform analysis and provide insights, such as on SSP, rebates, etc.
Interact with cross-functional teams within Ripple to partner and participating in advising on new contemplated deals/products from a revenue accounting perspective
Perform technical analysis on new revenue matters, and prepare the corresponding accounting memos
Prepare internal leadership reporting, monthly decks, handle cross-function inquiries.
Document and execute internal control processes in relation to the revenue cycle, including continuous ownership and improvement of our revenue software
Participate in internal and external reporting processes including the preparation of supporting schedules and disclosures in accordance with U.S. GAAP (and IFRS when applicable)
Apply problem-solving skills to perform research and analysis on other complex/non-routine transactions, propose solutions and document conclusions
Opportunity to research on arrangements involving digital assets (including XRP), or other contractual arrangements unique to the crypto industry

What we’re looking for:

4+ years of progressive accounting experience, preferably in a public accounting setting of Big 4 or equivalent.
Prior experience in revenue (ASC 606) and general technical accounting research.
Undergraduate degree or equivalent is required. CPA is preferred.
Ability to clearly and concisely document and effectively communicate complex accounting and reporting issues to finance and non-finance personnel
Strong work ethic and ability to be productive and successful in a fast-paced environment
Possess a genuine interest to learn about cryptocurrency and blockchain
Exceptional attention to detail with ability to identify issues, propose solutions to non-standard situations and suggest improvements
Prior experience with risk assessment and control documentation
Experience with revenue systems (such as Softrax) is a plus.

WHAT WE OFFER:

The chance to work in a fast-paced start-up environment with experienced industry leaders
A learning environment where you can dive deep into the latest technologies and make an impact
Competitive salary and equity
100% paid medical and dental and 95% paid vision insurance for employees starting on your first day
401k (with match), commuter benefits
Industry-leading parental leave policies
Generous wellness reimbursement and weekly onsite programs
Flexible vacation policy – work with your manager to take time off when you need it
Employee giving match
Modern office in San Francisco’s Financial District
Fully-stocked kitchen with organic snacks, beverages, and coffee drinks
Weekly company meeting – ask me anything style discussion with our Leadership Team
Team outings to sports games, happy hours, game nights and more!

WHO WE ARE:

Ripple is doing for value what the internet did for information: enabling its instant and seamless flow around the world. We call this the Internet of Value (IoV). Using blockchain and cryptocurrency technology, Ripple is dedicated to creating powerful gains in financial efficiency, equity and inclusion. In addition, Ripple is developing and enabling the future use cases that will catalyze the new digital economy for governments, businesses and consumers.

Ripple has offices in San Francisco (HQ), New York, London, Mumbai, Singapore, São Paulo, Reykjavík, Washington D.C. and Dubai.

Ripple is an Equal Opportunity Employer. We’re committed to building a diverse and inclusive team. We do not discriminate against qualified employees or applicants because of race, color, religion, gender identity, sex, sexual preference, sexual identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, military status, or any other characteristic protected by local law or ordinance.

Please find our UK/EU Applicant Privacy Notice and our California Applicant Privacy Notice for reference.

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