Revenue & Accounting Operations Controller
VersapayCanadaRegular Full-Time2w ago
FinanceAccountingOperationsRevenueGrowthSolutionsPlatformremotecurated-jd
Job description
Revenue & Accounting Operations Controller at Versapay
About the role
Versapay is seeking a Controller to oversee revenue and accounting operations. This role is crucial for ensuring the accuracy and efficiency of our order-to-cash processes and optimizing our revenue recognition. You will play a key part in scaling our financial systems and supporting our growth initiatives.
Key facts
What you'll do
- Manage the complete order-to-cash cycle, including billing and collections, to ensure precision and adherence to standards.
- Take ownership of revenue recognition processes that comply with ASC 606, providing expert guidance on the financial implications of contracts.
- Collaborate with data teams to synchronize billing and revenue figures with financial forecasts and key metrics like ARR/MRR.
- Develop and track performance indicators related to billing accuracy, days sales outstanding (DSO), and cash conversion.
- Design and implement systems and procedures to support SaaS business models, covering subscriptions, renewals, and variable pricing.
- Ensure smooth data flow between CRM, billing platforms, and ERP systems.
- Lead initiatives for system integration and automation to enhance scalability and data transparency.
- Evaluate and adopt financial technology solutions to refine financial reporting and operations.
- Create and document internal controls and workflows for financial operations.
- Guide and develop a high-performing team.
- Work with Sales, Customer Success, Legal, and RevOps to support business expansion and improve invoicing and collection effectiveness.
- Act as a primary point of contact between Finance and other operational departments.
- Prepare for scaling operations, including new products, pricing strategies, and international expansion.
- Offer strategic insights on cash management, working capital, and operational efficiency.
- Support audit preparations and compliance efforts.
Requirements
- 8 to 12 years of progressive experience in revenue and accounting operations, including leadership roles within SaaS or technology companies.
- Thorough understanding of SaaS business models, including subscription billing, ARR/MRR, usage-based billing, and deferred revenue.
- Practical experience with ERP and billing systems such as NetSuite Suitebilling, Payfac, and ISO.
- Strong analytical abilities with experience handling large datasets and translating operational data into actionable insights.
- Demonstrated success in leading and scaling teams and systems in a fast-paced environment.
- Solid comprehension of the ASC 606 revenue recognition standard.
- A strong sense of ownership, urgency, and drive.
- Excellent leadership skills with the capacity to collaborate and build relationships across departments.
Nice to have
- CPA or a similar financial management certification.
- Experience in venture-backed or private equity-backed growth companies.
- Previous involvement in system implementations or preparations for an IPO.
- Experience within the payment processing industry.
Skills & tools
- NetSuite Suitebilling
- Salesforce
- Payfac
- ISO
- ASC 606
Practical notes
- Visa sponsorship is not available for this position.
- Travel requirements are minimal.
- Versapay offers competitive compensation and benefits.
- Applications are accepted on a rolling basis.