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Needham

    Head of Financial Accounting - Needham, MA, United States - IDG

    IDG
    IDG Needham, MA, United States

    1 week ago

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    Description
    Overview

    IDG is searching for a Global Revenue Accounting Director to join our finance team.

    The Global Revenue Accounting Director plays a critical role in ensuring the accuracy and integrity of revenue recognition processes, which are essential for financial reporting and decision-making within the organization.

    The role requires an experienced Global Revenue Accounting Director to have a strong background in revenue accounting, exceptional leadership skills, and the ability to collaborate effectively with cross-functional teams.

    About IDGFor more than five decades IDG and its businesses have been at the forefront of every major shift in the technology market, providing critical insights for tech suppliers and buyers.

    Our vision is to make the world a better place through technology. Through our global brands, IDC and Foundry, we offer proprietary data, innovative platforms, and trusted content.

    Responsibilities

    Develop and implement revenue recognition policies and procedures in accordance with US GAAP ASC606 and group accounting policies.
    Oversee the accurate and timely recording of revenue transactions in compliance with relevant accounting principles and regulations.

    Lead global revenue team's monthly and quarterly Revenue close, ensuring the timely delivery of revenue figures with accuracy and completeness.

    Lead global revenue team to synchronize and streamline revenue procedures and processes. Identify opportunities to enhance efficiency and strengthen internal controls.
    Mentor and coach the team of revenue accounting professionals, providing guidance, training, and professional development opportunities.
    Collaborate with cross-functional teams, including sales, legal, and FP&A, to review and analyze revenue contracts.
    Provide guidance and expertise on complex revenue transactions under US GAAP ASC606, including multiple-element arrangements.
    Ensure compliance with regulatory requirements and internal controls related to revenue processes.
    Coordinate with external auditors during financial audits, providing documentation and explanations related to revenue transactions and accounting treatment.

    Stay current with changes in accounting standards and regulations related to revenue accounting, and assess their impact on the company.

    Participate in the new ERP project and a play a key role in revenue and related modules and functions.

    Qualifications


    Bachelor's degree in Accounting, Finance, or related field; CPA or equivalent certification preferred.10+ years of experience in accounting including 6+ years in revenue accounting, with a focus on technology or SaaS industries preferred.

    Experience with a reputable global accounting firm is preferred.
    A minimum of 3-5 years in a managerial or leadership role including managing teams and collaborating with cross-functional stakeholders.

    Thorough understanding of revenue recognition principles and accounting standards under US GAAP ASC606.Strong analytical skills and attention to detail, with the ability to interpret and analyze complex contracts.

    Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
    Capability to lead and drive projects and initiatives, to make changes happen.
    Experience with ERP systems and revenue recognition software preferred.
    Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.

    This role will be based in our Needham MA office with a hybrid schedule to work 2 days per week in the office.

    IDG is an equal-opportunity employer.

    All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status.

    At IDG we are committed to fair and equitable pay practices. We pay our employees equitably for their work, commensurate with their individual skills and experience. Salary range and additional compensation, including discretionary bonuses and incentive pay, are determined by a rigorous review process.

    This process considers the experience, education, certifications, and skills required for the specific role, equity with similarly situated employees, as well as employer-verified US region-specific market data provided by an independent 3rd party partner.

    The expected total annual compensation, depending on location and experience, is between $165,000 and $200,000 and is inclusive of base salary and variable compensation (if applicable).


    Job SummaryCompany:

    IDG CorporateCategory:
    FinanceUnit: Accounting/Finance

    Employee Type:
    Regular (Full Time)

    Career Level:
    Manager (Manager/Supervisor of Staff)
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