Director, Revenue Accounting Operations

Job Description

Job Description
Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by 1) providing the best services for homebuyers, 2) led by advantaged underwriting in insurance, 3) to protect the whole home.
As a leader in the home services software-as-a-service ("SaaS") space, we've built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies.
In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED.
Job Title:

Director, Revenue Accounting Operations
Location:

United States
Workplace Type:

Remote

Job Summary
The future is bright for the Porch Group, and we'd love for you to be a part of it as our

Director, Revenue Accounting Operations.
A Revenue Accounting Operations Director is a key leadership role within the finance department of an organization. This position is responsible for overseeing all aspects of revenue recognition and accounting operations, ensuring that revenue is accurately recorded in compliance with accounting standards and company policies. Here's a detailed job description for a Revenue Accounting Operations Director:

What You Will Do As A Director, Revenue Accounting Operations
The

Revenue Accounting Operations Director ( is responsible for managing and optimizing all revenue accounting processes within the organization. This role involves overseeing revenue recognition, financial reporting, compliance, and process improvement initiatives to ensure accurate and timely revenue accounting operations.
Revenue Recognition: Lead

and oversee the revenue recognition process, ensuring compliance with accounting standards (e.g., ASC 606 or IFRS 15). Review and approve complex revenue transactions and contracts.
Financial Reporting: Manage

the preparation of accurate and timely financial statements, including revenue-related disclosures. Ensure financial reporting is in accordance with GAAP (Generally Accepted Accounting Principles) or relevant international accounting standards.
Revenue Operations:

Oversee day-to-day revenue accounting operations, including billing, collections, and cash applications. Ensure the accuracy and completeness of revenue data.
Compliance:

Ensure compliance with all relevant financial regulations, industry standards, and internal policies related to revenue recognition and accounting. Keep abreast of changes in accounting standards and update company policies as needed.
Audit and Internal Controls:

Coordinate external audits related to revenue and liaise with auditors to provide necessary documentation and explanations. Establish and maintain effective internal controls related to revenue accounting.
Process Improvement:

Continuously evaluate revenue accounting processes and implement improvements to enhance efficiency, accuracy, and scalability. Streamline and automate manual processes where possible.
Cross Team Collaboration:

Collaborate with cross-functional teams, including sales, legal, and operations, to ensure alignment between revenue recognition policies and business practices.
Team Leadership:

Build and lead a team of revenue accounting professionals, providing coaching, guidance, and development opportunities. Ensure the team's performance and objectives are aligned with company goals.

What You Will Bring As A Director, Revenue Accounting Operations
Bachelor's degree in accounting, finance, or a related field (CPA certification preferred).
Proven experience in revenue accounting, with a minimum of 7-10 years of leadership experience in a similar role.
Strong knowledge of accounting principles, revenue recognition standards (e.g., ASC 606 or IFRS 15), and financial reporting requirements.
Experience with financial systems and accounting software (e.g., ERP systems).
Excellent analytical and problem-solving skills.
Strong communication skills to effectively collaborate with internal and external stakeholders.
Ability to manage complex projects and meet deadlines.

Additional Requirements:
Strong attention to detail and a commitment to accuracy.
Ability to adapt to evolving accounting standards and industry practices.
Knowledge of industry-specific revenue recognition challenges (e.g., SaaS, software, or subscription-based businesses).
Familiarity with revenue-related compliance and regulatory requirements.
Strategic thinking and the ability to align revenue accounting operations with company objectives.
A Revenue Accounting Operations Director plays a critical role in ensuring that an organization's revenue is accurately recognized, reported, and compliant with accounting standards. This position is instrumental in maintaining financial integrity and transparency, which is essential for the organization's financial health and reputation.
T

he application window for this position is anticipated to close in 2 weeks (10 business days) from May 31, 2024. Please know this may change based on business and interviewing needs.
At this time, Porch Group does not consider applicants from the following states for remote positions: Alaska, Arkansas, Delaware, Hawaii, Iowa, Maine, Mississippi, Montana, New Hampshire, and West Virginia.

What You Will Get As A Porch Group Team Member
Pay Range* $157,500.00 $220,500.00
*Please know your actual pay at Porch will reflect a number of factors among which are your work experience and skillsets,

job-related knowledge, alignment with market and our Porch employees, as well as your geographic location.

Additionally, you will be eligible to receive long-term incentive awards, subject to program guidelines and approvals.

You will also be eligible to receive an annual bonus based on individual and company performance, subject to program guidelines and approvals.

Our benefits package will provide you with comprehensive coverage for your health, life, and financial wellbeing.
Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose.
Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis.
We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.
We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans.
Both traditional and Roth 401(k) plans are available with a discretionary employer match.
Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.
Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes.
LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.
Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.
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What's next?
Submit your application and our Porch Group Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have!
Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.
Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.
Porch Group is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the USCIS E-Verify website.

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