Accounting Manager - (Order to Cash & Commissions)

Veritone is a leading publicly traded AI software company revolutionizing the way businesses operate with cutting-edge technology solutions. We specialize in developing innovative AI software products that empower organizations to streamline operations, enhance productivity, and drive growth. As we continue to expand our market presence and scale our operations, we are seeking a highly skilled and experienced Accounting Manager to oversee our Order to Cash and Commissions processes.

The Accounting Manager - Order to Cash and Commissions will play a pivotal role in managing and optimizing our revenue recognition, order processing, and commissions accounting functions. This role requires a detail-oriented individual with strong analytical skills, deep understanding of accounting principles, and proven experience in overseeing complex financial processes within a publicly traded company environment. The successful candidate will collaborate closely with cross-functional teams including Sales, Finance, Legal, and Operations to ensure accurate and timely accounting of revenue and commissions, compliance with regulatory requirements, and implementation of best practices.

1. Revenue Recognition 

• Oversee the end-to-end process of revenue recognition, ensuring compliance with ASC 606 and other relevant accounting standards.
• Review and analyze customer contracts to determine appropriate revenue recognition treatment.
• Collaborate with Sales and Legal teams to structure deals in accordance with accounting policies and guidelines.
• Prepare and review revenue-related journal entries, reconciliations, and accruals.

2. Order Processing 

• Manage the order to cash cycle, including order entry, invoicing, billing, and collections processes.
• Develop and maintain efficient procedures and controls to mitigate risks and improve operational effectiveness.
• Work closely with Sales Operations to streamline order processing workflows and enhance system integration.

3. Commissions Accounting 

• Oversee the calculation, accrual, and payment of sales commissions in accordance with established plans and policies.
• Partner with Sales leadership to ensure accuracy and transparency in commission calculations.
• Prepare commission expense forecasts and provide insights to Finance leadership on commission-related matters.

4. Financial Reporting and Analysis

• Assist in the preparation of financial statements, footnotes, and disclosures related to revenue recognition and commissions.
• Provide variance analysis and explanations for revenue and commissions-related accounts.
• Support internal and external audit processes, including the provision of documentation and explanations as needed.

5. Process Improvement and Compliance 

• Continuously assess and enhance accounting processes, controls, and systems to support scalability and efficiency.
• Stay updated on changes in accounting standards, regulations, and industry best practices related to revenue recognition and commissions.
• Ensure compliance with SOX requirements and assist in related audits and testing.

• Bachelor's degree in Accounting, Finance, or related field; CPA or equivalent certification preferred.
• 5+ years of progressive experience in accounting roles, with a focus on revenue recognition, order to cash, and commissions accounting.
• Strong understanding of ASC 606 and other relevant accounting standards.
• Experience working in a publicly traded company environment is highly preferred.
• Proficiency in ERP systems (e.g., SAP, Oracle) and advanced MS Excel skills.
• Excellent analytical, problem-solving, and communication skills.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• Strong attention to detail and commitment to accuracy and integrity.

If you are a seasoned accounting professional with a passion for driving excellence in revenue recognition and commissions accounting within a dynamic and innovative company, we invite you to apply for the Accounting Manager - Order to Cash and Commissions role at Veritone. This is an exciting opportunity to contribute to the success of a leading AI software company and advance your career in a collaborative and rewarding environment. Apply now and be part of our journey towards shaping the future of technology!

• A competitive compensation package
• Equity Grant(s) 
• Employe Stock Purchase Plan (ESPP)
• Remote first + Hybrid workplace
• VERI Communities (Affinity Groups) & Belonging
• Empowerment to build your career journey at Veritone
• Flexible (Paid) Time Off
• Benefits Program: medical, dental, vision, 401K matching, and more!
• Mental health awareness and support
• An opportunity to be a part of the next big thing in artificial intelligence!

• Loves learning & continuous growth; stays current on marketing trends
• Can juggle multiple projects, priorities, and deadlines with a positive attitude
• Comfortable in a fast-paced, small company environment
• Collaborative and always contributing value
• Driven to win as a team
• Remote first workplace
• Check us out!

Veritone is a leading provider of artificial intelligence (AI) technology and solutions. The company's proprietary operating system, aiWARE, orchestrates an expanding ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence.