- Essential Duties and Responsibilities
The essential functions include, but are not limited to, the following: - Be the subject matter expert in client contracts, interpreting terms and conditions impacting revenue recognition, preparing and reviewing analyses, assessing exceptions, and providing guidance related to any revenue impacts.
- Review revenue contracts, modifications, and terminations to ensure revenue is recorded accurately and timely, following ASC 606 requirements.
- Manages accounting process for all contracts with clients, including SaaS, professional services, commissions revenue, and revenue resulting from revenue share agreements.
- Support internal departments in review of client contracts, amendments, and SOWs to ensure GAAP and revenue recognition policies are being appropriately applied, documented, and aligned.
- Own the preparation and oversight of all items related to revenue including the month-end close process, journal entries, account reconciliations, flux analysis, and related reporting and disclosures.
Prepare technical accounting memos documenting the company's accounting position on complex client contracts. - Review, perform, and support revenue and billing activities such as revenue and annual recurring revenue (ARR) recognition, invoicing cycle, and sales tax filing, reconciliation, and compliance.
- Review of all revenue-related balance sheet account reconciliations.
- Calculate commissions payouts related to revenue and bookings.
- Assist in the development and review of various revenue policies, streamline processes, and recommend and direct process improvements.
- Coordinate review with external technical accounting resources on the appropriate application of GAAP to unusual agreements.
- Create efficiencies in accounting processes by implementing technology solutions and automation to streamline revenue close cycles.
- Coordinate with external auditors to facilitate revenue-related audits and ensure compliance with regulatory requirements.
- Support management in ad-hoc reporting and analysis requests, as needed.
- Other duties as assigned.
- Bachelor's degree in accounting required.
- CPA and public accounting experience preferred.
- 5+ years of professional experience in accounting/financial management procedures and principles, including revenue recognition (especially ASC606), preferably in the software industry.
- 2+ years of managing and leading highly effective teams is required.
- MS Office software, including Excel, Word, and PowerPoint, is required; Power BI is preferred.
- Experience in accounts receivable and collections is required.
- Advanced skills in Microsoft Excel (pivots, lookups, indexing, large data sets, etc.) are required.
- Experience in a large ERP is required. NetSuite ARM is a plus.
- Proven track record of cross-functional collaboration with strong oral and written communication skills.
- Meticulous attention to detail is required.
- Proven ability to plan, prioritize, work autonomously, and be adaptable to changing priorities in a fast-paced environment.
- Demonstrated leadership ability with a growth mindset.
- Strong customer service skills.
- Eagerness to learn and take on challenges in a rapidly growing and dynamic environment.
- Self-motivated team player who can independently take ownership to manage assignment tasks.
- Strong critical thinking, sound judgment, and the ability to make effective decisions is required.
- Demonstrated high integrity, ethical standards, and complete confidentiality is required.
- Flexibility in the schedule during month-end processing and closing is required.
- Multi-Entity experience is preferred.
FloQast experience is preferred. -
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Description
Job Description
Job DescriptionThe Manager of Revenue Accounting will help build and drive accounting processes that will scale our organization and support our growth goals. Serve as accounting subject matter expert on technical revenue recognition matters. Lead and oversee the revenue accounting, billing, and collections functions, ensuring efficient and accurate processes. Manage a team of direct reports, providing leadership, guidance, and support to ensure a culture of ownership, process improvement, client satisfaction, and career growth.
Minimum Qualifications (Knowledge, Skills, and Abilities)
