Senior Manager, Revenue Accounting

Life360 is a Remote First company, which means a remote work environment will be the primary experience for all employees. All positions, unless otherwise specified, can be performed remotely (within the US) regardless of any specified location above. 

About Life360

At Life360, we’re on a mission to simplify safety so families can live fully. Everyday more than 50 million members across 195 countries trust us to protect and connect their loved ones at home, on the road, and on the go.

From real-time location updates to keep everyone coordinated, to Crash Detection and 24/7 Roadside Assistance, Life360 is designed to free families from everyday worries. Our range of Driving Safety, Digital Safety, Location Safety, and Personal Safety features are there to keep our members safe every step of the way.

Life360 has more than 500 (and growing!) remote-first employees.

In 2021, Life360 acquired Tile, the pioneer in finding technology, and Jiobit, one of the top real-time location monitoring platforms for families. These expanded offerings mark an important step forward towards achieving our vision of being the world's leading platform for people, pets and things.

We value having a diverse and inclusive community from many backgrounds, so even if you don’t meet 100% of the below qualifications, you should still seriously consider applying!

About The Team

The Life360 Revenue Team is looking to hire a Senior Manager, Revenue to play a key role in the Accounting organization by supporting revenue growth. In this role, you will partner with various teams to enhance revenue operations and lead accounting for complex multiple element revenue arrangements. Reporting to the Director of Revenue, this role requires the candidate to have a strong understanding and application of revenue recognition guidance for subscription and hardware, and US GAAP. This is an exciting opportunity to work on a lean team with direct report(s), build and influence revenue processes, and to continue to mature and enhance revenue analytics and insights for a public company! Our team strives to build a collaborative environment where our team members can pursue their professional development and take ownership of their careers, while having access to support and mentorship. 

About the Job

The Senior Revenue Manager is responsible for overseeing the full end-to-end revenue cycle and process  maturation. Month end close activities pertaining to revenue include manual and systematic recognition of revenue, deferred revenue, contra revenue, reconciliation, analytics and more. This role also heavily focuses on data and process enhancement/automation projects and requires a project management mindset coupled with the ability to multitask, prioritize, and communicate effectively in order to be successful. 

The salary range for this position is $139,500- $185,000.  We take into consideration an individual's background and experience in determining final salary- therefore, base pay offered may vary considerably depending on job-related knowledge, skills, and experience. The compensation package includes a wide range of medical, dental, vision, financial, and other benefits, as well as equity.

What You’ll Do

• Technical advisory of revenue generating or customer arrangements for appropriate accounting treatment and revenue recognition 
• Lead and manage monthly, quarterly, and annual revenue accounting close activities, including all required analyses and balance sheet reconciliations 
• Deliver best-in-class support to internal stakeholders and optimize the revenue close process through implementation of processes, tools and best practices 
• Prepare and/or review technical revenue memos to support timely and accurate revenue recognition 
• Own the implementation of ASC 606 revenue recognition conclusions in NetSuite (update and monitor the ARM Rev Rec module) 
• Own revenue recognition for subscription & hardware revenue in accordance with company policy and GAAP Work closely with management to ensure bookings are compliant with the latest revenue recognition rules and SOX 
• Support the monthly close process by preparing and reviewing journal entries, balance sheet reconciliations, and flux analysis. This includes but is not limited to, revenue, deferred revenue, contra, and cost of sale accounts 
• Play a key role in various revenue month end close tasks, assist in the audit process, provide support and ensure MEC activity is compliant 
• Prepare / update workbooks and standard operating procedures for month-end close activities 
• Assist in revenue analysis and preparation of metrics to enhance performance insights, identify trends and surface / solve for comparative period discrepancies (i.e. subscription analytics, GAAP vs non-G