REVENUE MANAGER - ASC 606 PROJECT
The perfect candidate could have a robust analytical, enterprise partnering, and interpersonal Expertise. Robust enterprise acumen and the power to affect change by way of written and verbal communications are crucial. Place requires the power to speak professionally, clearly and successfully to focus on audiences. Outcomes oriented. Robust consideration to particulars.
Abstract of Obligations
Supervisor of Income will probably be answerable for performing insightful and impactful income evaluation and studies to the Director, Finance Operations. This place will personal technical Accounting areas for the ASC 606 challenge. This individual will play an integral part within the every day evaluation of inbound income transactions. Their obligations embrace working instantly as a finance enterprise companion with Gross sales and Operations on deal construction, defining income recognition framework, analyzing pricing for BESP/VSOE of truthful worth for all merchandise, service and help, getting ready all income processing and transaction/analyses. Position may even interface with the exterior auditors on any income recognition points particular to buyer accounts and/or analyses carried out/reviewed as mandatory. The profitable candidate will probably be a robust communicator, capable of efficiently handle a workforce of at least 5 direct reviews and delegate work as applicable, function a flexible enterprise companion with robust enterprise acumen, coupled with distinctive technical power that may present proactive steerage and management on deal structuring and undertaking administration.
Main Duties & Goals
This individual will probably be devoted full time in 606 challenge, until the venture goes reside. For 606 undertaking actions, this individual might be answerable for the next actions:
- Analysis technical accounting subjects and write accounting insurance policies and white papers for brand spanking new transactions and accounting pronouncements
- Put together accounting influence and evaluation of the brand new income normal
- Evaluation income contracts and abstract evaluation and accounting remedy beneath ASC 606
- Help knowledge validation and monetary evaluation actions with the ASC 606 Income Recognition implementation venture.
- Help ASC 606 SOX initiatives as wanted
- For income operational actions, this individual shall be liable for the next actions:
- Collaborate with gross sales group, order administration group, company authorized group to make sure that all income transactions are booked in accordance with the Firm’s income recognition coverage. Take part in discussions, evaluation draft contracts, and supply suggestions for recognition in accordance with related accounting literature and the corporate’s income recognition coverage.
- Evaluation new merchandise with product administration workforce to determine income accounting and implement procedures to course of orders.
- Consider income recognition remedy by getting ready a income recognition guidelines for every contract or modification.
- Publish accounting memos as essential to doc the Firm’s accounting positions.
- Work actively with exterior auditors to make sure that income recognition interpretations are constant and compliant with GAAP.
- Answerable for the month-to-month shut on income accounting to make sure correct accrual or deferral of income as applicable.
- Keep and replace inner Sarbanes-Oxley documentation for income recognition and take part in SOX testing as wanted.
- Create detailed income stories as wanted for senior administration.
- Provoke and drive course of enhancements in space of scope for larger accuracy, monetary management and effectivity
- Help with or be answerable for different duties and advert hoc tasks as assigned
Qualifications, Expertise and Schooling
- BA in Accounting or Associated Majors or equal work expertise.
- 7+ years progressive expertise plus related managerial roles,
- Robust technical income recognition expertise, vital information of income recognition for Saas and software program business.
- Huge four expertise, CPA a plus
- ERP system implementation expertise associated to the order to income course of is a plus. Expertise with Workday is a plus
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