Senior Technical Accountant

Menlo Security's mission is enabling the world to connect, communicate and collaborate securely without compromise. COVID-19 has made our mission all the more real. We support customers across various enterprises including Fortune 500 companies, 9/10 of the largest global banks and the Department of Defense.

The world has fundamentally changed. We are growing from 400 employees into the next phase of our journey, and we need passionate talent filled with empathy and agility. The right candidate for the job is ethical, hyper-organized, fanatical about seeing things through to completion, service-oriented, and humble enough to take feedback and coaching yet confident enough to provide feedback and coaching.

Menlo is well-funded for growth and our investors are second to none. They include Vista Equity Partners (“ Vista ”), General Catalyst, JPMC, American Express, HSBC, and Ericsson Ventures.

About the Role

The Senior Technical Accountant will be responsible for various accounting matters including revenue, internal-use software, stock-based compensation, and other technical accounting areas as needs arise. Additionally, this role will be responsible for drafting the Company’s financial statements and will have a large role in supporting the financial statement audit process.

To succeed in this role, the candidate should have a strong accounting foundation, including 2+ years of public accounting. The candidate should have strong knowledge of U.S. GAAP, especially ASC606, and should be comfortable working directly with the GTM organization to review potential revenue recognition issues within customer contracts.

We expect the candidate to have strong analytical and communication skills, and to be able to work independently as well as cooperatively within the team and cross-functionally. To be successful, the candidate must have the ability to adapt quickly and operate effectively in a rapidly growing environment.

This role will report to the Director of Accounting, however there will be numerous tasks where they will directly assist the VP/Controller (as a “dotted line” report).

Responsibilities

• Ensure revenue recognition is in accordance with company policy and U.S. GAAP ASC606

• Review revenue allocations and set up revenue recognition plans based on customer
  contracts and company revenue policy

• Perform revenue analysis and prepare revenue recognition journal entries

• Reconcile revenue, deferred revenue, and various other GL accounts on monthly basis

• Stock-based compensation calculations and stock administration (Carta preferred)

• Accounting for internal-use software capitalization/amortization

• Preparation of technical accounting policies and technical accounting memos as needed

• Prepare reports and analysis to support audit, tax return and various compliance
  requirements

• Participate in the monthly, quarterly, and year-end close process, which includes preparation and review of journal entries, balance sheet, and income statement reconciliations and analysis.

• Assist with the balance sheet and income statement flux analysis

• Continually review accounting processes for improvements and participate in various system and reporting enhancement projects.

Requirements

• Bachelor’s degree in accounting, active CPA license a plus

• 5+ years of relevant accounting experience, some Big 4 experience strongly preferred

• Must have software/SaaS experience, particularly around SaaS rev rec under ASC606

• Experience working with NetSuite, Salesforce, Carta, Microsoft Office/Google Suite

• Excellent communication, analytical and problem-solving skills

• Ability to productively work in a fast-paced environment independently, or within a team

• Bay Area preferred, coming in 1 to 2 days per week in Mountain View

Our Compensation and Benefits

At Menlo Security, Base Salary is one part of our competitive total compensation and benefits package and is determined using a salary range. The base salary range for this role is $87,000 - $153,000.

In accordance with NY, CO, CA, and WA law, the range provided is Menlo Security’s reasonable estimate of the base compensation for this role. The actual amount may be higher or lower, based on non-discriminatory factors such as experience, knowledge, skills, abilities, and location. All employees may be eligible to become Menlo Security shareholders through eligibility for stock-based compensation grants, which are awarded to employees based on company and individual performance.

Menlo Security does not accept unsolicited resumes from search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of Menlo Security. 

Menlo Security is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

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Why Menlo?

Our culture is collaborative, inclusive, and fun! We have five core values: Stay Aligned, Get It Done, Customer Empathy, Think Creatively and Help Each Other Out. We believe in open communication, supporting new ideas, and sharing a mutual mindset of what we’re aiming to achieve together. There are tremendous opportunities to take initiative, implement new ideas, and have a hand in building a legacy.

All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or on the basis of disability .

TO ALL AGENCIES: Please, no phone calls or emails to any employee of Menlo Security outside of the Talent organization. Menlo Security’s policy is to only accept resumes from agencies via Ashby (ATS). Agencies must have a valid services agreement executed and must have been assigned by the Talent team to a specific requisition. Any resume submitted outside of this process will be deemed the sole property of Menlo Security. In the event a candidate submitted outside of this policy is hired, no fee or payment will be paid.