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The company is seeking a Manager of Revenue Recognition and Revenue Accounting who will be responsible for performing insightful and impactful revenue analysis. This person will play an integral part in the daily analysis of inbound revenue transactions. Their responsibilities include working directly as a finance business partner with Sales and Operations on deal structure, defining revenue recognition framework, analyzing pricing for fair value for all products, service and support, preparing all revenue processing and transaction/analyses. Role will also interface with the external auditors on any revenue recognition issues specific to customer accounts and/or analyses performed/reviewed as necessary. The successful candidate will be a strong communicator, a versatile business partner with strong business acumen, coupled with exceptional technical strength that can provide proactive guidance and leadership on deal structuring and project management.
Responsibilities for this role include but are not limited to:
Collaborate with Sales organization, order management team, corporate legal team to insure that all revenue transactions are booked in accordance with the Company’s revenue recognition policy. Participate in discussions, review draft contracts, and provide recommendations for recognition in accordance with relevant accounting literature and Company’s Revenue Recognition Policy.
Document revenue contracts and related revenue accounting treatment under current revenue recognition rules.
Evaluate revenue recognition treatment by preparing a revenue recognition checklist for each contract or amendment.
Publish accounting memo as necessary to document the Company’s accounting positions.
Work actively with external auditors to ensure that revenue recognition interpretations are consistent and compliant with GAAP.
Responsible for the monthly close on revenue accounting to ensure proper accrual or deferral of revenue as appropriate.
Work with the Company’s international entities team to ensure proper recognition of the Company’s revenue and cost and timely reporting.
Maintain and update internal Sarbanes-Oxley documentation for revenue recognition and support internal audits of related controls.
Processes and automation of the implementation of Oracle and Essbase analysis as applicable.
Support all revenue recognition disclosures in all SEC filings.
Create detailed revenue reporting as needed for management purposes as well as other process and control improvement as required.
Provide revenue recognition guidance & training to various teams at the international and domestic locations during the year.
Qualifications for this role are:
The ideal candidate will be a CPA, with strong analytical, business partnering, and interpersonal skills. Strong business acumen and the ability to influence change through written and verbal communications are imperative. Position requires the ability to communicate professionally, clearly and effectively to target audiences. Results oriented. Strong attention to details.
CPA required, BA in Accounting or Related Majors or equivalent work experience.
7 - 10 years progressive experience plus relevant managerial roles, Big 4 required.
Strong technical Revenue Recognition experience, significant knowledge of ASC 605 and SAB 104 and all related guidance regarding revenue recognition in a publicly traded, high-tech company.