Accounting Manager - Cost of Revenue

Accounting Manager - Cost of Revenue

San Francisco, CA

Fastly helps people stay better connected with the things they love. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible — at the edge of the Internet.

The platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development. Fastly’s customers include many of the world’s most prominent companies, including Vimeo, Pinterest, The New York Times, and GitHub.

We're building a more trustworthy Internet. Come join us.

Accounting Manager - COR

We are looking for a proactive, highly motivated, and technically savvy Accounting Manager to join our Finance organization!  

Reporting directly to the Senior Manager, Accounting, the Accounting Manager will own critical elements of our Cost of Revenue (COR) portfolio, including but not limited to Leases (ASC 842), Bandwidth, Fixed Assets, Cloud Computing, and Internal-Use Software (ASC 350-40).

You will regularly work cross-functionally with other Fastly finance and business teams, such as FP&A, Supply Chain, Infrastructure, Product, and Engineering.

What You'll Do:

• Lead and develop the processes for the Cost of Revenue Corporate Accounting team of 2 to 3 Senior Accountants responsible for Leases (ASC 842), Bandwidth, Fixed Assets, Cloud Computing, and Internal-Use Software (ASC 350-40), both in and outside of close

• Oversee monthly closing activities for assigned areas by reviewing, verifying, and approving accurate journal entries for all assigned areas. Review monthly reconciliations. Ensuring compliance with U.S. GAAP accounting standards, SOX guidelines, and internal accounting policies

• Review and verify accuracy of account balances and classifications. Analyze changes in balance sheet and income statement accounts and make recommendations to correct errors. Review flux explanations for accuracy and ensure proper presentation to leadership

• Manage the preparation and review of multiple schedules required to support the financial reporting process, ensuring completeness and accuracy, and coordination of requests from our auditors to complete the audit

• Be an important process owner on internal controls and business processes related to the corporate accounting operations. Recommend control changes and enhancements as needed.

• Design, refine, and improve the monthly close procedures, lead process and system enhancements for operational efficiencies while maintaining accounting integrity. Ensure processes are scalable with designed and maintained controls

• Ensure compliance with accounting policies, procedures and SOX controls through detailed review of journal entries, account reconciliations, key controls and monthly/quarterly flux analysis

• Identify potential SOX impacts from proposed process and systems changes in assigned areas, partnering with Internal Audit to update documentation including process flowcharts and risk & control matrix 

• Present quarterly goals, results, and lessons learned to ensure agreement within the team.

• Partner with cross-functional teams to produce accurate upstream data, identify areas for improvement, and solve problems

• Deliver timely and accurate financial reporting by working cross functionally with other Fastly teams

• Maintain day-to-day management of the COR Accounting task assignments, chart of accounts, financial report maintenance, and issue escalation/resolution

• Assist SEC Reporting team with 10-Q/K footnote reviews, annual accounting policy review, and convention updates for assigned areas

• Identify, propose and drive process and efficiency improvements to month-end close process and other accounting processes

• Other ad hoc projects as needed

What We're Looking For: 

• Bachelor's degree in accounting

• 7+ years progressive accounting experience, including experience in a manager-level role at a publicly traded company

• Experience with Lease accounting

• Experience with NetSuite

• Ability to think strategically, build cross-functional relationships, and take initiative to drive results

• Strong organizational and time management skills

 

We’ll be super impressed if you have experience in any of these: 

• Audit experience and CPA

• Experience with FloQast, Coupa, AuditBoard and G-Suite

• Finance transformation and/or system implementation experience

• Cross-team project management experience

Work Hours: 

• This position will require you to be available during core business hours. 

Work Location(s) & Travel Requirements: 

This position is open to the following preferred office locations:

• San Francisco, CA

Fastly currently embraces a largely hybrid model for most roles which allows employees flexibility to split their time between the office and home. 

Pursuant to the San Francisco Fair Chance Ordinance and the Los Angeles Fair Chance Initiative for Hiring Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Salary:

• The estimated salary range for this position is $123,330 to $147,996. 
• Starting salary may vary based on permissible, non-discriminatory factors such as experience, skills, qualifications, and location.
• This role may be eligible to participate in Fastly’s equity and discretionary bonus programs.

Benefits:

We care about you. Fastly works hard to create a positive environment for our employees, and we think your life outside of work is important too. We support our teams with great benefits that start on the first day of your employment with Fastly. Curious about our offerings? 

We offer a comprehensive benefits package including medical, dental, and vision insurance. Family planning, mental health support along with Employee Assistance Program, Insurance (Life, Disability, and Accident), a Flexible Vacation policy and up to 18 days of accrued paid sick leave are there to help support our employees.

We also offer 401(k) (including company match) and an Employee Stock Purchase Program. For 2025, we offer 11 paid local holidays, 11 paid company wellness days.