Director of Revenue Accounting and Operations, Roku

$179-268k

+Equity

Salesforce
Expert level
San Francisco Bay Area

Office located in San Jose, CA

Roku

Convenient and affordable TV streaming players

Open for applications

Roku

Convenient and affordable TV streaming players

1001+ employees

B2CEntertainmentVideoMedia

Open for applications

$179-268k

+Equity

Salesforce
Expert level
San Francisco Bay Area

Office located in San Jose, CA

1001+ employees

B2CEntertainmentVideoMedia

Company mission

To provide its users with a more convenient and cost effective way of watching the programs they love.

Role

Who you are

  • A successful candidate will be confident and assertive, can work with various teams at Roku, as well as able to contribute individually
  • 18+ years accounting experience in the Big 4 and industry, including public company experience
  • CPA and prior advertising experience are both required
  • Strong, in-depth knowledge of ASC 606 rules with a focus on advertising industry
  • Hands-on exposure to accounting systems, Salesforce, preferred
  • Excellent quantitative and analytical skills accompanied by verbal and written communication skills
  • Proficient in Microsoft Office Suite
  • Ability to work independently and in a fast-paced environment with excellent organizational skills and strong ability to pay attention to details
  • Ability to anticipate work needs and interact professionally with cross-functional teams
  • Ability to think outside the box, comfortable with ambiguity and provide suggestions and guidance in addition to having strong technical knowledge on revenue recognition
  • Flexibility and willingness to pivot to new priorities in a fast-paced environment
  • Bachelor’s degree in accounting or finance

What the job involves

  • Reports to VP, Technical Accounting
  • We are looking for a Director, Advertising Revenue Accounting and Operations who will work closely across multiple teams within the Company to address technical accounting and operational matters with a sole focus on advertising revenue accounting in the application of U.S. GAAP
  • This role is accountable in building the end-to-end processes impacting advertising revenue in all cross-functional contract terms
  • In addition, this role will provide a strong voice to represent advertising revenue accounting throughout the strategic partnership agreements and will not only work collaboratively with Advertising Partnership and Sales Teams but also coordinate with Finance, Legal, Engineering, Product, internal and external auditors to successfully achieve the objectives of cross-functional agreements
  • Communicate and establish relationships with internal advertising teams (Sales, Product, Engineering, Revenue Operations, Client Services); act as liaison and be the advocate for system improvements, product introductions and/or changes having a revenue accounting impact; provide and implement suggestions for areas of process improvement to ensure efficiencies amongst all teams
  • Conduct research on accounting literature to discuss and analyze complex cross-functional contract terms and determine the appropriate revenue recognition treatment
  • Lead the implementation process and activities on all cross-functional deals for Finance teams from initial development of appropriate revenue accounting treatment providing a clear roadmap for ongoing ownership to complete the implementation
  • Perform deep-dive review of new business models and establish associated revenue recognition accounting policy
  • Responsible for month-end, and quarter-end close, managing revenue related support provided not only to external auditors as part of annual audits and quarterly reviews but also to the internal financial reporting team for revenue related disclosures in SEC filings
  • Research and document complex revenue accounting matters in technical accounting memos
  • Lead process improvement and system implementation projects. Drive process improvements and automation initiatives to enhance efficiency, accuracy, and scalability of accounting operations in area of responsibility
  • Help CAO’s organization with ad hoc projects on an as needed basis

Our take

According to Nielsen data, the average streamer spends over seven minutes searching for something to watch. Streaming services use customers' viewing history to make suggestions, but these are limited to programs licensed for that particular service.

Roku provides an integrated streaming service that offers TV channels, movies and third-party streaming services, resulting in an all-in-one streaming platform. The service can be accessed through a variety of customized subscription packages and fees.

Roku stands out in the streaming industry by bringing many competitors together in one package. The startup provides further innovative services such as a weekly TV series named 'Roku Recommends' which uses first-party data to recommend essential viewing to users. Alongside funding filmmakers through its "Change Makers Program", Roku also acquired its own original library of shows through its acquisition of now-defunct Quibi's library in 2021. After successful collaborations with TCL and Hisense, the first in-house "Roku Television" was released in 2023, further exemplifying the streaming company's wider ambitions in the media sector.

Kirsty headshot

Kirsty

Company Specialist

Insights

Top investors

Few candidates hear
back within 2 weeks

-6% employee growth in 12 months

Company

Funding (last 2 of 9 rounds)

Jan 2016

$45.5m

LATE VC

Nov 2015

$45.5m

SERIES H

Total funding: $247.8m

Company benefits

  • Medical, wellness and financial benefits
  • Unlimited paid time off policy
  • Work from home opportunities
  • Free snacks and access to the company fitness center

Company HQ

Newhall, San Jose, CA

Leadership

Studied Engineering at Texas A&M before founding their first company in 1986. They held VP roles at both Adobe and Netflix.

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