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Accounts Receivable Manager



Accounting & Finance
India · Remote
Posted on Wednesday, May 22, 2024

Labelbox is the leading data-centric AI platform for building intelligent applications. Teams looking to capitalize on the latest advances in generative AI and LLMs use the Labelbox platform to inject these systems with the right degree of human supervision and automation. Whether they are building AI products by using LLMs that require human fine-tuning, or applying AI to reduce the time associated with manually-intensive tasks like data labeling or finding business insights, Labelbox enables teams to do so effectively and quickly.

Current Labelbox customers are transforming industries within insurance, retail, manufacturing/robotics, healthcare, and beyond. Our platform is used by Fortune 500 enterprises including Walmart, Procter & Gamble, Genentech, and Adobe, as well as hundreds of leading AI teams. We are backed by leading investors including SoftBank, Andreessen Horowitz, B Capital, Gradient Ventures (Google's AI-focused fund), Databricks Ventures, Snowpoint Ventures and Kleiner Perkins.

About the role

This is an exciting opportunity to join the Accounting team at Labelbox. In this IC role, we are looking for a high-energy, hands-on individual that can work independently and collaboratively with internal and external business partners. The Accounts receivable manager will report to the Sr Finance Director/Accounting Manager.

Your Day to Day

Accounts Receivable (AR) Accounting:

  • Strong comprehension of revenue recognition according to GAAP and IFRS.
  • Responsible for A/R journal entries for billing, revenue, and collections.
  • Prepare and maintain subscription and services revenue waterfall.

Billing Systems Administration:

  • Manage Stock Keeping Units (SKU) in the accounting and billing systems.
  • Administer Sales and Use Tax (SUT) processes.
  • Handle accounts receivable in QuickBooks Online (QBO), including credit memos and write-offs.

Billing Operations:

  • Process sales deals through Salesforce (SF).
  • Generate invoices and dunning letters.
  • Oversee supplier portal onboarding and invoicing activities.
  • Manage and report Stripe credit card transactions through an accounting lens.
  • Manage and review services revenue with third-party service partners.

Cash & Collections:

  • Responsible for cash application using 2 or 3-way matching methods.
  • Manage accounts receivable aging reports with CFO.
  • Calculate and report on Days Sales Outstanding (DSO) and collection metrics.
  • Prepare and manage collection forecasts on a weekly basis.

About You

  • At least 5+ years of A/R accounting working in high growth and rapid change software subscription and services (both managed and professional services).
  • Technical revenue accounting experience including ASC 605-6 and revenue waterfall schedules.
  • Experience with ERP systems of Quickbooks, Maxio, Avalara, and Salesforce preferred.
  • Proficiency in Google docs and sheets and Microsoft Office is required.
  • Process oriented with a high attention to detail.
  • Ability to field billing and collection inquiries including phone calls and emails.
  • Strong interpersonal and verbal & written communication skills.
  • Comfortable with rapid change of the business while maintaining accuracy and timeliness of A/R.
  • Experience with early and mid size startups.

Excel in a remote-friendly hybrid model.

We are dedicated to achieving excellence and recognize the importance of bringing our talented team together. While we continue to embrace remote work, we have transitioned to a hybrid model with a focus on nurturing collaboration and connection within our dedicated tech hubs in the San Francisco Bay Area, New York City Metro Area, and Wrocław, Poland. We encourage asynchronous communication, autonomy, and ownership of tasks, with the added convenience of hub-based gatherings.

Your Personal Data Privacy: Any personal information you provide Labelbox as a part of your application will be processed in accordance with Labelbox’s Job Applicant Privacy notice.

Any emails from Labelbox team members will originate from a @labelbox.com email address. If you encounter anything that raises suspicions during your interactions, we encourage you to exercise caution and suspend or discontinue communications. If you are uncertain about the legitimacy of any communication you have received, please do not hesitate to reach out to us at recruiting@labelbox.com for clarification and verification.