Fast Facts

Join Newsela as a Manager in Revenue Accounting, where you'll enhance revenue recognition processes post-ASC 606 and develop scalable accounting operations.

Responsibilities: Oversee revenue close processes, collaborate on revenue reporting, interact with external auditors, and prepare technical accounting analysis while supervising a direct report.

Skills: Bachelor's degree in Accounting or Finance, 5+ years of accounting experience, ASC 606 knowledge, proficiency in Netsuite and revenue contracts review, and strong problem-solving skills.

Qualifications: 1-2 years hands-on experience with ASC 606, management experience, familiarity with Salesforce is a plus.

Location: This position is remote but based in Chicago, Illinois.

Compensation: $105000 - $120000 / Annually

The role: 

The Accounting Manager will take our revenue recognition processes to the next level (post ASC 606 adoption) and will develop scalable accounting operations for month end close activities.Reporting directly to our Controller, you will have the opportunity to own critical and highly visible revenue processes, building the foundation to scale and improve the quality of the close process and internal controls. You’ll also have the opportunity to work closely with our growing Finance team, as well as cross-functionally with leadership on our Sales, Marketing, Product, and People teams. Your work will help enable quality reporting and accounting operations that support the super-charged growth of our business. Ultimately, this growth will broaden our product’s reach and bring engaging, culturally responsive learning content to K-12 teachers and students nationwide.

Why you’ll love this role:

• You will own end-to-end revenue close processes (including AR, deferred revenue, reserves and adjustments)
• Collaborate with internal and external business partners, performing periodic and ad-hoc revenue reporting and analysis, and ensuring operation of key internal controls. 
• Participate in special projects when revenue recognition expertise is needed, providing both technical and/or operational knowledge
• Interact with external auditors on technical accounting issues and assist in the support of the annual audit
• Prepare technical accounting analysis related to new transactions and new or evolving products
• Work closely with our external auditors on technical accounting matters and bring any accounting analysis to closure in a timely manner
• Respond to technical accounting inquiries from auditors and communicate technical accounting matters and concepts to all levels within the organization
• Assist in the assessment and review of financial controls established over technical accounting areas
• Supervise at least one direct report and potentially more in the future 

Why you’re a great fit:

• Bachelor's Degree in Accounting, Finance, or Business with an emphasis in Accounting
• 5+ years of accounting experience
• 1-2 years of hands-on experience with ASC 606, revenue reviews, Netsuite billing and ARM
• Experience managing others to ensure transactional processing is accurate and complete
• Well-versed in revenue contracts review, documentation of revenue checklists, and providing support for financial statement audits
• Experience using Salesforce (not required but a plus)
• Ability to identify and prioritize issues that impact revenue reporting, investigate, evaluate and come up with alternate solutions, present pros/cons to management for decision and help to execute through to the resolution.

Why you’ll love working at Newsela:

• Health & Wellness: Access to the world’s leading medical experts for healthcare (pets included!). Discounts and resources to stay healthy: mind, body, and soul.
• Work From Home: Almost all of our roles are fully remote - tech stipend included!
• Supporting ALL Families: Supplemental programs and time off to take care of your family and yourself.
• Time Off: Flexible PTO to recharge, including Sabbatical Leave 
• Professional Development: Annual stipends for continued learning and education 
• Make A Difference: No matter your role or department, the work you do each day helps share the future of education and improves the lives of students and teachers.

Base compensation: $105,000 - $120,000. Total compensation for this role also includes incentive stock options and benefits. This compensation range may be adjusted based on actual experience. 

About Newsela:

Newsela takes authentic, real world content from trusted sources and makes it instruction ready for K-12 classrooms. Each text is published at five reading levels, so content is accessible to every learner. Today, over 3.3 million teachers and 40 million students have registered with Newsela for content that's personalized to student interests, accessible to everyone, aligned to instructional standards, and attached to activities and reporting that hold teachers accountable for instruction and students accountable for their work. With over 15,000 texts on our platform and multiple new texts published every day across 20+ genres, Newsela enables educators to go deep on any subject they choose.

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