Revenue Recognition Manager (Gross Accounting/Inventory Management)

| San Francisco
Company Description

Wish is a mobile e-commerce platform that flips traditional shopping on its head. We connect hundreds of millions of people with the widest selection of delightful, surprising, and—most importantly—affordable products delivered directly to their doors. Each day on Wish, millions of customers in more than 160 countries around the world discover new products. For our over 1 million merchant partners, anyone with a good idea and a mobile phone can instantly tap into a global market.

We're fueled by creating unique products and experiences that give people access to a new type of commerce, where all are welcome. If you’ve been searching for a supportive environment to chase your curiosity and use data to investigate the questions that matter most to you, this is the place.

Job Description

What you'll be doing:

  • Manage and own the global close for revenues recognized under gross accounting, including reconciliations.
  • Review reports with analytical analysis of revenue, cost and deferrals that support current period trends, balances, and future financial impacts.
  • Partner closely with teams supporting the Company’s other revenue streams through non-routine transaction, monthly close activities, and to identify and implement process/system improvements within the quote-to-cash ecosystem.
  • Partner with Logistics and Warehouse Ops in providing oversight and audit control over multiple warehouses to ensure that inventory transactions are completed accurately and timely.
  • Review significant book-to-physical adjustments and inter-entity transfers.
  • Prepare or review the quarterly / annual reserve calculations.
  • Strengthen internal controls, enhance processes around revenue and related processes to accelerate close activities while maintaining accuracy and integrity in financial reporting.
  • Collaborate with SOX & Internal Audit and external auditors around key control documentation and evidence compliance requirements, and changes in internal control design as processes evolve.
  • Serve as the key contact with external auditors for quarterly reviews and year-end audits, including discussing technical revenue accounting assessment and internal control findings.
  • Partner with Service Operations and FP&A teams to improve precision around revenue forecasting and metrics analyses, and development of revenue recognition policies.
  • Support ad hoc projects, including systems implementation and revenue process improvements related to revenue transformation.

Qualifications

  • BA/BS/Master’s in Accounting or equivalent work experience, with a CPA license preferred but is not required. 
  • Minimum of 6 years’ experience, with a minimum of 2 years’ in a Manager role (Experience in the retail/e-commerce industry is preferred). 
  • An individual who can gather, summarize and analyze a significant amount of transactional data and make reasonable conclusions that facilitate key accounting and business decisions.
  • Technical understanding of US GAAP relating to ASC606, who can summarize the proper accounting treatment and processes in related memo’s, process workflows and process narratives.
  • Strong understanding of cost accounting systems and the related control environment, with experience in implementing systems preferred. Able to manage multiple priorities and work cross-functionally with other departments. 
  • Able to thrive in a fast paced and dynamic environment where change is constant. 
  • Experience with NetSuite or similar ERP system. 
  • Demonstrates high degree of accuracy.

#LI-RS1

Additional Information

Wish values diversity and is committed to creating an inclusive work environment. We provide equal employment opportunity for all applicants and employees. We do not discriminate based on any legally-protected class or characteristic. Employment decisions are made based on qualifications, merit, and business needs. If you need assistance or accommodation due to a disability, please let your recruiter know. For job positions in San Francisco, CA, and other locations where required, we will consider for employment qualified applicants with arrest and conviction records.

Individuals applying for positions at Wish, including California residents, can see our privacy policy here.

Read Full Job Description

Technology we use

  • Engineering
    • GolangLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PythonLanguages
    • SqlLanguages
    • SwiftLanguages
    • ReactLibraries
    • ReduxLibraries
    • HadoopFrameworks
    • HiveDatabases
    • MongoDBDatabases
    • RedisDatabases

Location

Our San Francisco office is located in the Citigroup Center with direct access to BART and surrounded by amazing restaurants and coffee shops.

An Insider's view of Wish

How do you collaborate with other teams in the company?

As a Content Marketing Manager at Wish, I collaborate with multiple teams to create innovative, informative, and unique stories about Wish and our employees. As a writer, being able to discuss ideas with other teams allows me to publish original and authentic content.

Leah

Content Marketing Manager

How has your career grown since starting at the company?

My goal coming out of university was to learn how to scale the infrastructure of a growing company. Larger tech companies have mostly solved these scalability problems and Wish gave me the opportunity to solve tough problems hands on. Wish is now handling 100x the traffic since I joined and I'm still learning new things everyday.

Vitaliy

Manager, Software Engineering

What are Wish Perks + Benefits

Wish Benefits Overview

Here at Wish, one of our top priorities is to maintain the health and well-being of our employees and their families. To achieve this goal, Wish covers 100% of insurance premiums for full-time employees and their dependents. And that's not all! In addition to our amazing benefits, we proudly offer many perks like fitness reimbursement, flexible work hours, generous paid time off, Wish cash, an ESPP program and many more...

Culture
Partners with Nonprofits
Wish proudly partners with Black Girls Code, University of Waterloo WiCS and Women Who Code through volunteering and hosting events.
Friends outside of work
Eat lunch together
Open door policy
Group brainstorming sessions
Open office floor plan
Diversity
Diversity manifesto
Diversity Employee Resource Groups
Our Wish Employee Resource Groups, or WERGs as we call them, are employee-led organizations that help build awareness, educate and drive inclusivity.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Wish covers 100% of medical, dental & vision monthly premium costs for employees and their dependents.
Life Insurance
Pet Insurance
Wellness Programs
Wish offers a fitness allowance.
Mental Health Benefits
Employee Assistance Plan - Up to 5 in-person visits with a trained professional, per issue. Additional online benefits include legal, financial, childcare, and parental leave resources.
Retirement & Stock Options Benefits
401(K)
Employee Stock Purchase Plan
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Fitness Subsidies
Wish offers a fitness allowance.
Home Office Stipend for Remote Employees
New! All full time employees are eligible to receive a monthly work from home stipend.
Professional Development Benefits
Job Training & Conferences
Wish offers "Wish for Leaders" management training program as well as other Learning & Development workshops.
Promote from within
Mentorship program
Continuing Education stipend
Wish offers up to $500 per year for job related professional development activities.
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