Sobre este puesto de Director, Revenue Accounting en Savvy Wealth
About Savvy Wealth:
Wealth management is a $545 billion industry that still runs on manual work. 75% of advisors offer no digital communication beyond email, and most still build financial plans by hand in Excel. Savvy is reinventing what it looks like to be a financial advisor. Founder Ritik Malhotra saw the fragmentation firsthand after seeking out his own advisor, and started Savvy to give independent advisors a modern, AI-native home.
Savvy is a registered investment advisor (RIA), and we partner with experienced financial advisors who want to grow without running the back office themselves. Advisors bring their book and join Savvy, running under their own brand (or ours), and Savvy earns a percentage of the assets they manage. In return, they get a true business-in-a-box: a proprietary tech platform and client portal, an in-house marketing team that helps them grow, a world-class investment management team, and a dedicated client services team that runs day-to-day operations and support. Advisors at Savvy service up to 50% more households and save 19 hours a week.
AI runs through everything we do. On the product side, Savvy Intelligence (released April 2026) is the only AI built for wealth managers that can see a client's complete financial picture. Internally, everyone at Savvy uses Claude and is encouraged to experiment with it, backed by a dedicated AI enablement team and a RevOps org building agents in-house.
The trajectory is steep and it's still early. We're a Series C company with 170+ people, $200M raised, and $100M ARR in sight this year. Inc. ranked us the No. 1 fastest-growing financial services company in America in 2026. Come build the next stage with us!
Recognition:
We're a Certified Great Place to Work and have been honored for our culture and our growth:
Newsweek's America's Greatest Startup Workplaces (2026)
Fortune Best Workplaces in New York™ (2026)
Great Place to Work Certified™
The Role:
Savvy Wealth is seeking its first dedicated revenue accounting leader. In this position, you will drive revenue accounting operations, accounts receivable accounting, and financial reporting processes for a high growth fintech company ,Registered Investment Advisor (“RIA”) and broker-dealer.
You will design processes and policies, build the Campfire revenue module ensuring accurate revenue recognition, managing complex A/R processes and revenue share payments, and enhancing month-end close operations. The ideal candidate brings deep technical accounting expertise, leadership capabilities, and thrives in a fast-paced, tech-forward environment.
Responsibilities:
Manage daily revenue accounting operations, including high-volume transaction processing, and ensure accurate revenue recognition in compliance with ASC 606 for a RIA and broker-dealer
Own the month-end revenue close process by preparing revenue journal entries and revenue account reconciliations and journal entries for revenue, deferred revenue, and unbilled receivables
Manage comprehensive accounts receivable accounting functions, including custodian cash application, A/R reconciliations, and aging analysis
Ensure accurate commission calculations and recognition under US GAAP
Lead quarterly CECL aging analysis to ensure consistent application of ASC 326
Ensure compliance with SEC and FINRA rules and reporting
Perform regular month-end close flux analysis, identifying and explaining significant variances in revenue, commissions, and accounts receivable balances to ensure financial integrity and provide insights for management decision-making
Collaborate cross-functionally with Operations, RevOps, Sales, Legal, and other business partners on strategic processes and programs
Support revenue accounting system initiatives, including design, implementation, testing, and optimization
Serve as subject matter expert for revenue and A/R accounting questions across the organization
Lead audit coordination and serve as primary contact for external auditors during year-end audit
Maintain comprehensive documentation for all revenue, commissions and A/R processes
Must Have:
CPA with a Bachelor's Degree in Accounting or Finance (or equivalent experience)
8+ years of accounting experience, with at least 3 years in financial services industry
Direct experience at a wealth management firm, RIA or broker-dealer
You understand AUM fee billing, custodian cash flows and revenue share payout models
Strong knowledge of ASC 606 Revenue from Contracts with Customers & ASC 326 Credit Impairment
Experience with custodian cash application, accounts receivable accounting and financial reporting
Proficiency with mainstream ERP systems and revenue engines such as Netsuite, Campfire, Orion, AdvicePay, etc.
Experience in collaborating across departments to influence change
Attention to detail, excellent communication skills, and strong sense of teamwork
Ability to work independently and prioritize in a fast-paced environment
Strong sense of ownership and independence, with proven ability to identify issues, propose solutions, and drive initiatives to completion with minimal supervision
Nice to have:
Experience in a growing fintech business, preferably in startup or high-growth environments
Experience with SEC/FINRA regulated entities
Passion for data integrity, comfort with large datasets, and enjoyment of solving complex problems
Exceptional business acumen with ability to translate complex financial concepts into actionable insights for non-finance stakeholders
Benefits:
Competitive salary and equity package
Unlimited PTO + paid company holidays
Access to holistic medical, dental, and vision plans
Company 401(k) (including Mega backdoor Roth options), Commuter, and HSA/FSA plans
NYC office in Union Square
Lunch and snacks provided in the office, & dinner if you stay late
Access to virtual mental health care (Spring Health) and health concierge (Rightway) to help you find the right care
Access to counseling for stress management, dependent care, nutrition, fitness, legal, and financial issues (Guardian WorkLifeMatters EAP)