Senior Accountant; Revenue & Accounting Operations

Position: Senior Accountant (Revenue & Accounting Operations)
Location: Old Toronto

About Versapay 🚀Versapay turns accounts receivable (AR) into a competitive advantage.

Inefficient AR processes slow cash flow and stall growth. Versapay removes friction, unlocks working capital, and accelerates momentum — giving finance leaders the clarity and control they need to drive business forward.

Versapay automates accounts receivable, removing barriers to collecting and reconciling B2B payments. Our solutions connect finance teams, customers, and business systems in one ecosystem to ensure cash flow clarity. With over 10,000 customers and 5M+ companies transacting on the platform, Versapay processes over 110M transactions and $257B annually.

Think you might be the next Veep to join? Read on!!

Key Responsibilities:

Month-End Close & Reporting

Own key areas of the month-end close process, ensuring timely and accurate completion.

Prepare and review journal entries, account reconciliations, and supporting schedules.

Support preparation of financial statements in accordance with US GAAP
.

Partner with FP&A on variance analysis and reporting.

Revenue Accounting (ASC 606)

Manage end-to-end accounting for subscription and professional services revenue in compliance with ASC 606.

Set up new customer subscriptions in Net Suite for accurate billing, deferred revenue, and revenue recognition schedules.

Review customer contracts and ensure proper configuration of billing terms, revenue elements, and allocations.

Review customer contracts to assess revenue recognition timing and allocation.

Maintain deferred revenue schedules and reconcile contract liabilities.

Maintain month-end reporting package schedules (revenue, backlog, churn, etc).

Compliance & Controls

Support annual audit process and provide necessary documentation to external auditors.

Assist in strengthening internal controls and developing accounting policies and procedures.

Process Improvement & Systems

Contribute to the automation and optimization of accounting workflows.

Help implement or enhance ERP and financial systems (
Net Suite/Suitebilling
).

Collaborate with cross-functional teams (Sales Ops, Rev Ops, HR, Legal) to align data flows and processes.

Qualifications:

Bachelor’s degree in Accounting or Finance; CPA.

4–6 years of progressive accounting experience with SaaS or technology companies.

Strong understanding of revenue recognition (ASC 606) and GAAP principles.

Experience with ERP systems (Net Suite, Intacct, or similar) and excel.

Ability to work independently, meet deadlines, and manage multiple priorities.

Excellent communication and problem-solving skills.

Preferred

Skills:

Experience with subscription billing systems (, Net Suite Suitebilling, Saa Soptics, etc.).

Background in public accounting or audit experience with technology clients.

Experience in Payment processing industry.

$85,000 - $95,000 a year#LI-Remote We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.