Director, Revenue Accounting
The Trade DeskAbout the role
The Trade Desk is changing the way global brands and their agencies advertise to audiences around the world. How? With a media buying platform that helps brands deliver a more insightful and relevant ad experience for consumers –– and sets a new standard for global reach, accuracy, and transparency. We are proud of the culture we have built. We value the unique experiences and perspectives that each person brings to The Trade Desk, and we are committed to fostering inclusive spaces where everyone can bring their authentic selves to work every day.
So, if you are talented, driven, creative, and eager to join a dynamic, globally connected team, then we want to talk!
What we do:
The Director, Revenue Accounting will be responsible for leading the revenue accounting function in Ventura, California, overseeing the entire revenue recognition process, ensuring compliance with US GAAP (ASC 606), managing a team of revenue accountants and operational roles, collaborating cross-functionally, providing accurate revenue reporting for financial statements while maintaining internal controls and compliance standards for a public company. This key leadership role reports directly to the GM, Worldwide Revenue Controller and will be a strategic business partner to various leaders across the organization to lead and execute a world-class revenue accounting function for the company. Primary responsibility is to lead, build and continue to develop a best-in-class revenue accounting and reporting team and function in an ever-changing, hyper-growth environment. As such, this role is responsible for continuously improving the worldwide revenue accounting functions and requires an operational mindset as well as strong analytical and organizational skills. The Director, Revenue Accounting will drive process excellence and consistency to ensure timely and accurate month-end and quarter-end close processes and oversight of related controls. In addition, the Director, Revenue Accounting will communicate vision and strategic direction while creating a high-performing culture with a dynamic team and motivating the team to achieve or exceed operational goals.
What you'll do:
- Oversee revenue accounting operations inclusive of revenue recognition, revenue reserves, and cost of sales.
- Oversee the monthly and quarterly revenue close process including the accurate and timely reporting of financials in compliance with GAAP (ASC 606). Own significant estimates and judgments.
- Provide leadership and vision by identifying the optimum revenue accounting, supply side accounting and compliance and revenue reporting processes that achieve efficiency goals and maintain accuracy and completeness and leads the team to achieve that objective.
- Evaluate current accounting practices and policies to ensure continuous improvement and meet current future requirements.
- Build scalable, cross-functional operational processes aligned with ASC 606, U.S. GAAP, SOX, and internal management reporting standards.
- Review systems and processes within the organization; identify process improvement needs and/or gaps in current work procedures; optimize systems to drive efficiency and effectiveness; make recommendations where systems and processes can be enhanced; take part in implementing technology solutions to drive automation to transition work effort from data gathering to decision making.
- Develop robust revenue reporting, analytics, and performance metrics, identifying trends and variances and providing greater transparency to leadership. Establish processes and systems to gather the data in a repeatable fashion for regular management reporting.
- Optimize team structure and resources to ensure scalable functions. Ensure appropriate training, especially revenue recognition accounting/ASC 606 and knowledge transfer occurs within the department and relevant cross-functional groups with a focus on written revenue recognition practices and process documentation.
- Develop a high-performing cohesive team environment, employee engagement, professional development, open communication, teamwork and collaboration built on mutual accountability and respect.
- Attract, hire, and develop a high-performing, cohesive revenue accounting team, fostering a culture of collaboration, innovation, professional development, and mutual accountability. Provide training and development to the revenue accounting team.
- Coordinate and engage with key stakeholder groups across worldwide revenue organization. Collaborate with various teams to analyze contract terms and determine appropriate revenue recognition treatment.
- Drive cross-functional process improvements and automation initiatives to enhance efficiency, accuracy, and scalability of accounting operations in area of responsibility.
- Execute and enforce the Company’s
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