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Accounting Lead, Revenue



Accounting & Finance
Toronto, ON, Canada
Posted on Tuesday, June 18, 2024
StackAdapt is a self-serve advertising platform that specializes in multi-channel solutions including native, display, video, connected TV, audio, in-game, and digital out-of-home ads. We empower hundreds of digitally-focused companies to deliver outcomes and exceptional campaign performance everyday. StackAdapt was founded with a vision to be more than an advertising platform, it’s a hub of innovation, imagination and creativity.
The Accounting Lead, Revenue specializing in enterprise revenue is responsible for overseeing and managing the accounting processes related to this intricate revenue stream within the organization. This role involves analyzing, monitoring, and reporting on revenue generated from our new custom pricing model, ensuring accuracy, compliance, and efficiency in financial operations. The incumbent will collaborate closely with cross-functional teams to develop and implement the necessary processes to account for this new revenue stream, while optomizing revenue recognition, mitigating risks, and enhancing financial performance. This is an exciting opportunity to use creativity, leadership, and skill to build this area of our business, at it’s inception.
The ideal candidate possesses an understanding of accounting principles surrounding revenue recognition, have experience with process design and implementation, and the ability to take initiative. Also of great importance, the ideal candidate will embody the StackAdapt values - Adopt a Growth Mindset · Be Adaptable · Bring Positive Energy · Get Stuff Done · Be Proud of Your Work · We Only Win Together.
StackAdapt is a Remote First company, we are open to candidates located anywhere in Canada willing to work within EST time zone for this position.

What you'll be doing

  • Lead the design and implementation of the new process for the custom pricing initiative.
  • Partner with legal, business operations, and sales functions to deploy the enterprise revenue strategy designed by the steering committee and senior leadership.
  • Review new master service agreements associated with the new enterprise revenue, including liaison with legal and sales staff.
  • Track new and existing enterprise revenue contracts, including looking back on spend, platform fee change requests, annual true-ups in compliance with MSA terms, and calculation of rewards and cash rebates.
  • Record and report the financial impact associated with enterprise revenue contracts, including monthly journal entries and reconciliations, working with our Financial Reporting team to ensure compliance with US GAAP, and revenue and expense tracking.
  • Transaction initiation and management, including liaison with the accounts receivable team to ensure timely invoicing and credit distribution to customers, and liaison with the accounts payable team to ensure timely payout of cash rebates in line with MSA terms.
  • Once the business is ready, support and collaborate with the product team and other stakeholders to build the automation for this new enterprise revenue stream process.
  • Collaborate with controllership and other finance teams to support in overall financial management, including tax, internal audit, FP&A and reporting initiatives.
  • Support the controllership team with other month-end activities.
  • Contribute to and encourage a culture of accountability, collaboration, and continuous improvement.
  • Provide financial insights to support strategic decision-making.
  • Assist internal and external audit processes by providing documentation, explanations, and analysis.
  • Support with ad hoc projects as part of the continuous growth and improvement of StackAdapt.

What you bring to the table

  • Bachelor's degree in Accounting, Finance, or related field and CPA designation
  • Proven experience in a senior accounting role for a publicly traded company
  • Big 4 experience
  • Strong understanding of accounting principles, revenue recognition standards (e.g., ASC 606), and financial reporting requirements
  • Proficiency in financial analysis, modelling, and reporting tools (e.g., Excel, ERP systems)
  • Excellent analytical skills with the ability to interpret complex data and communicate insights effectively
  • Detail-oriented mindset with a focus on accuracy, compliance, and process improvement
  • Exceptional communication and interpersonal abilities
  • Ability to work collaboratively in a cross-functional team environment and effectively manage multiple priorities in a dynamic setting

StackAdapters Enjoy

  • Highly competitive salary
  • RRSP matching
  • 3 weeks vacation + 3 personal care days + 1 Culture & Belief day + birthdays off
  • Access to a comprehensive mental health care platform
  • Full benefits from day one of employment
  • Work from home reimbursements
  • Optional global WeWork membership for those who want a change from their home office
  • Robust training and onboarding program
  • Coverage and support of personal development initiatives (conferences, courses, etc)
  • Access to StackAdapt programmatic courses and certifications to support continuous learning
  • An awesome parental leave policy
  • A friendly, welcoming, and supportive culture
  • Our social and team events!
StackAdapt is a diverse and inclusive team of collaborative, hardworking individuals trying to make a dent in the universe. No matter who you are, where you are from, who you love, follow in faith, disability (or superpower) status, ethnicity, or the gender you identify with (if you’re comfortable, let us know your pronouns), you are welcome at StackAdapt. If you have any requests or requirements to support you throughout any part of the interview process, please let our Talent team know.
About StackAdapt
We've been recognized for our diverse and supportive workplace, high performing campaigns, award-winning customer service, and innovation. We've been awarded:
2024 Best Workplaces for Women and in Canada by Great Place to Work®