Director of Revenue Accounting - Fintech

2 Months ago • 10 Years + • Accounting • $160,000 PA - $256,000 PA

Job Summary

Job Description

Toast is seeking a Director of Revenue Accounting for its Fintech division. This role leads the global accounting team responsible for financial technology solution products and services, focusing on leadership, operational excellence, and industry best practices. Responsibilities include overseeing month-end close, defining revenue and COGS accounting policies for Fintech products and services like Toast Capital loans, performing thorough reviews for accuracy and compliance with US GAAP (ASC 606), and providing revenue-related reporting and disclosures for quarterly filings. The director will collaborate with various cross-functional teams, including R&D, IT Systems, RevOps, Finance, FP&A, Accounting, Product, and Legal, to assess accounting implications of new products and advise on operationalizing technical accounting conclusions. Additionally, the role involves streamlining processes and SOX compliant controls, leveraging technology and automation for efficiency, and supporting the integration of revenue accounting for new offerings and acquired companies.
Must have:
  • 10+ years of relevant revenue accounting experience
  • 4+ years of public accounting experience with revenue recognition
  • Experience with growing Fintech companies
  • Strong leadership and team coaching skills
  • Ability to work cross-functionally and identify accounting issues
  • Ability to meet tight deadlines and manage competing workloads
  • Strong analytical skills to analyze transactions and contracts
  • Ability to work effectively in a team environment
Good to have:
  • CPA preferred
  • Experience with data platform engines (Snowflake and Blackline preferred)
  • Experience with other accounting engines (NetSuite, Snowflake, Blackline, etc.)

Job Details

Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy. The Director of Revenue Accounting, Fintech will lead the global accounting team responsible for our financial technology solution products and services with an emphasis on leadership, operational excellence and industry best practices.

Toast, Inc. seeks a strategic forward thinking Director to lead the Fintech accounting team.  Reporting to the Senior Director of Revenue Accounting, the Director is responsible and accountable for accounting for Fintech Revenue and COGS transitions, leading the global team reporting to the Director.  Products in scope include Fintech payments and other related offerings as well as our Toast Capital loans.

About this roll* (Responsibilities)

  • Lead an accurate and timely month-end close process by driving solutions at scale that benefit cross-functional teams and our reporting goals. Responsible for key internal and external revenue reporting metrics.
  • Assess and define revenue and COGS accounting policies and processes for Fintech products and offerings. Assess accounting implications of new products, including advising on operationalizing the technical accounting conclusions.
  • Perform thorough reviews for all revenue related processes and transactions to ensure accuracy and compliance with US GAAP (ASC 606), appropriate documentation for external reporting and audit requirements.
  • Own the process to provide revenue related reporting and disclosures for quarterly filings. 
  • Lead collaboration with our cross functional partners, such as R&D, IT Systems, RevOps, Finance and FP&A, Accounting, Product, and Legal including contract reviews, and changes in product and pricing strategies. Communicate the accounting implication to stakeholders at all levels.
  • Streamline and enhance processes and SOX compliant controls around revenue and related financial reporting metrics. Create efficiencies and simplification by leveraging technology solutions and automation.
  • Support the company’s growth, in particular the integration of revenue accounting of new offerings and non-integrated companies.

Do you have the right ingredients*? (Requirements)

  • 10+ years of relevant revenue accounting experience including 4+ years of public accounting experience with revenue recognition experience on growing Fintech companies. 
  • Lead a team with great leadership skills. Passionate about coaching and mentoring to team members.
  • Strong ability to work cross functionally and proactively identify accounting issues, research applicable guidance and document accounting conclusions.
  • Ability to meet tight deadlines, work independently, prioritize competing workloads, and manage the deliverables from business partners and team members in a fast paced environment.
  • Strong analytical skills, including ability to independently analyze transactions and contracts and document the related accounting analysis under US GAAP.
  • Experience with data platform engines (Snowflake and Blackline preferred)
  • Ability to work effectively in a team environment

Special Sauce* (Nice-to-Have Skills)

  • CPA preferred
  • Experience with other accounting engines (NetSuite, Snowflake, Blackline, etc.)

Our Spread* of Total Rewards
We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.

The base salary range for this role is listed below. The starting salary will be determined based on skills and experience. In addition to base salary, our total rewards components include cash compensation (overtime, bonus/commissions, if eligible), benefits, and equity (if eligible).

Pay Range
$160,000—$256,000 USD

 

Diversity, Equity, and Inclusion is Baked into our Recipe for Success

At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry is one of the most diverse, and we embrace that diversity with authenticity, inclusivity, respect, and humility. By embedding these principles into our culture and design, we create equitable opportunities for all and raise the bar in delivering exceptional experiences.

We Thrive Together

We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the restaurant community. To learn more about how we work globally and regionally, check out: https://careers.toasttab.com/locations-toast.

Apply today!

Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact candidateaccommodations@toasttab.com.

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For roles in the United States, It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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