Role Overview
The Manager of Revenue Accounting is responsible for overseeing all aspects of revenue accounting. As a Revenue Accounting Manager, you will be a key contributor to the month-end Close cycle, building and monitoring internal controls, and help drive process improvement and automation across our revenue accounting function. This role will ensure the integrity, accuracy, and compliance of revenue recognition under U.S. GAAP and ASC 606, ideally with experience in application of the standard to a SaaS business model in the tech industry. The candidate must excel in managing and understanding a wide range of issues and business models that could be driven by acquisitions, revenue recognition requirements, and strategic shifts in go-to-market strategies.
Key Responsibilities
- Own month-end and year-end close processes related to revenue recognition. Ensure all revenue-related accounting and reporting is accurate, timely, and compliant with U.S. GAAP.
- Perform reconciliations for key revenue accounts, investigate discrepancies, and drive issues to resolution.
- Prepare and review revenue-related journal entries, including analysis of underlying drivers and supporting documentation.
- Partner with Corporate Controller and CFO in the management of financial accounting policies and procedures related to revenue recognition and internal controls.
- Collaborate with Shared Services General Accounting to ensure that the enterprise applies consistent coding and accuracy with journal entry activity across the enterprise.
- Assist with migration of new acquisitions onto our D365 ERP system focusing on validating revenue accounts, deferred/unbilled revenue, and project setup.
- Perform technical accounting review on contracts providing expert knowledge of ASC606 guidance for complex revenue contracts and transactions to ensure proper revenue recognition under US GAAP
- Conduct comprehensive reviews of all standard and non-standard new sales contracts, with a focus on identifying multiple performance obligations and ensuring proper revenue recognition.
- Collaborate with cross-functional teams (Sales, Operations, Delivery, Legal) to optimize the end-to-end revenue operations process from contract creation to cash collection including the automation and enhancement of processes and systems.
Qualifications
- Bachelor’s degree in Accounting or Finance; CPA or equivalent preferred.
- Minimum of 8–10 years of progressive experience in revenue accounting and financial management, with enterprise software and/or SaaS industry experience.
- Strong understanding of ASC 606 principles and US GAAP.
- Capable of working with cross functional teams.
- Proficiency with large ERP systems required; experience with Microsoft Dynamics 365 a plus.
- Strong computer skills including advanced Microsoft Excel skills.
- Strong analytical and problem-solving skills as well as a focus on continuous improvement.
- Excellent written and verbal communication skills to effectively collaborate with stakeholders at all levels.
- Highly organized and detail-oriented with the ability to work independently with minimal supervision.
- Able to efficiently manage workload and thrive in a fast-paced environment.
Originally posted on Himalayas