Senior Manager, Revenue
About Life360
Life360’s mission is to keep people close to the ones they love. Our category-leading mobile app and Tile tracking devices empower members to protect the people, pets, and things they care about most with a range of services, including location sharing, safe driver reports, and crash detection with emergency dispatch. Life360 serves approximately 66 million monthly active users (MAU), as of March 31, 2024, across more than 150 countries.
Life360 delivers peace of mind and enhances everyday family life with seamless coordination for all the moments that matter, big and small. By continuing to innovate and deliver for our customers, we have become a household name and the must-have mobile-based membership for families (and those friends that basically are family).
Life360 has more than 500 (and growing!) remote-first employees. For more information, please visit life360.com.
Life360 is a Remote First company, which means a remote work environment will be the primary experience for all employees. All positions, unless otherwise specified, can be performed remotely (within the US or CA) regardless of any specified location above.
About The Team
This position will play a key role on the Revenue team, reporting to the Senior Director of Revenue. As Life360 continues to grow as a dual-listed public company, expand internationally, and explore strategic initiatives, we are seeking a Sr. Manager, Revenue to lead key aspects of our revenue processes, including technical accounting assessments, monthly revenue recording and reporting, and SOX compliance.
Our close-knit, self-motivated team thrives on collaboration, continuous process improvements, and mutual support — all while working remotely. We also prioritize team connection, gathering periodically to collaborate in person throughout the year.
About the Job
The Senior Revenue manager oversees the full end-to-end revenue cycle and partners with various cross-functional teams to enhance revenue operations and lead accounting for complex multiple-element revenue arrangements. This role requires the candidate to have a strong understanding and application of revenue recognition guidance for subscription, hardware, and advertising revenue streams under US GAAP.
This role also heavily focuses on data and process enhancement projects and requires a project management mindset and the ability to multitask and prioritize to be successful.
For candidates based in the US, the salary range for this position is $124,500 to 183,500 USD. We take into consideration an individual's background and experience in determining final salary- therefore, base pay offered may vary considerably depending on job-related knowledge, skills, and experience. The compensation package includes a wide range of medical, dental, vision, financial, and other benefits, as well as equity.
What You’ll Do
US GAAP.
- Ensure an accurate and timely revenue close process by reviewing and approving journal entries, balance sheet reconciliations, and flux analysis. This includes, but is not limited to, revenue, deferred revenue, contra, and cost of sale accounts
- Prepare or review revenue recognition assessments for complex contracts, ensuring proper accounting treatment for multiple performance obligations, variable consideration, and contract modifications in accordance with ASC 606.
- Lead revenue analysis and preparation of metrics to enhance performance insights, identify trends, and surface / solve for comparative period discrepancies
- Design, implement, and maintain internal controls in accordance with SOX regulations and other public reporting requirements.
- Coordinate with internal and external auditors to facilitate smooth quarterly and year-end review and audit processes.
- Define and lead process creation and system implementation related to new product offerings to ensure scalable revenue processes
- Enforce compliance at all levels by defining engagement rules, documenting processes for the various revenue streams, and supporting a controlled yet innovative environment to support scalability
- Lead multiple cross-functional work streams by creating thoughtful project plans, efficiently multi-tasking, and adhering to tight deadlines
- Implement and enhance systematic processes and automation to support our scalability goals
- Manage, mentor, and develop revenue accountants, providing guidance training and career development opportunities.
- Foster a collaborative, high-performance team culture, ensuring continuous process improvement and alignment with company goals.
What We’re Looking For
- Bachelor's degree in Accounting or relevant field; MBA or Masters’ degree is a plus
- CPA designation is highly desirable
- 8+ years of progressive experience in accounting, including 3+ years focused on revenue recognition or revenue accounting
- Experience in a public company environment, with familiarity in working under Sarbanes-Oxley (SOX) compliance and SEC reporting.
- Strong background in applying ASC 606 (Revenue from Contracts with Customers) and other relevant accounting standards.
- Experience in managing or leading a team within a fast-paced environment; delivering accuracy while managing to deadlines where adaptability is imperative.
- Demonstrated ability to think outside the box and solve problems in ambiguous environments
- Excellent interpersonal skills; ability to articulate verbally and written, willingness to appropriately explain difficult issues; ability to think quickly and thoughtfully
- Ability to prioritize workload and manage a high volume of requests
- Ability to understand broader business, operational, and financial issues
- Innate attention to detail
- Thrive in a team environment
Our Benefits
- Competitive pay and benefits
- Medical, dental, vision, life, and disability insurance plans (100% paid for employees)
- 401(k) plan with company matching program
- Mental Wellness Program & Employee Assistance Program (EAP) for mental well being
- Flexible PTO, 13 company-wide days off throughout the year
- Winter and Summer Week-long Synchronized Company Shutdowns
- Learning & Development programs
- Equipment, tools, and reimbursement support for a productive remote environment
- Free Life360 Platinum Membership for your preferred circle
- Free Tile Products
Life360 Values
Our company’s mission driven culture is guided by our shared values to create a trusted work environment where you can bring your authentic self to work and make a positive difference
- Be a Good Person - We have a team of high integrity people you can trust.
- Be Direct With Respect - We communicate directly, even when it’s hard.
- Members Over Metrics - We focus on building an exceptional experience for families.
- High Intensity High Impact - We do whatever it takes to get the job done.
Our Commitment to Diversity
We believe that different ideas, perspectives and backgrounds create a stronger and more creative work environment that delivers better results. Together, we continue to build an inclusive culture that encourages, supports, and celebrates the diverse voices of our employees. It fuels our innovation and connects us closer to our customers and the communities we serve. We strive to create a workplace that reflects the communities we serve and where everyone feels empowered to bring their authentic best selves to work.
We are an equal opportunity employer and value diversity at Life360. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any legally protected status.
We encourage people of all backgrounds to apply. We believe that a diversity of perspectives and experiences create a foundation for the best ideas. Come join us in building something meaningful. Even if you don’t meet 100% of the below qualifications, you should still seriously consider applying!
#LI-Remote
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