Manager, Revenue Accounting

$144,000 - $144,000/Yr

Confluent - Dover, DE

posted about 2 months ago

Full-time - Mid Level
Dover, DE
Publishing Industries

About the position

The Manager, Revenue Accounting at Confluent plays a pivotal leadership role in overseeing the revenue recognition and order-to-cash processes. This position is essential for ensuring financial accuracy and compliance while driving process improvements, system implementations, and policy influences to enhance the evolution of revenue accounting as the company scales for continued growth. Reporting directly to the Senior Manager, Revenue Accounting, the Manager will be responsible for presenting revenue results to leaders in Accounting and Financial Planning & Analysis (FP&A). This role requires collaboration with various cross-functional business partners, including Sales Operations, Technical Revenue, Cloud Product Management, Engineering, Accounting Transformation, and Accounts Receivable. In this capacity, the Manager will ensure the accuracy of revenue recognition, commissions accruals, and related accounting in compliance with ASC 606, ASC 340, and internal accounting policies. The ideal candidate will have a strong background in revenue accounting, particularly within a global, growing software company that operates with both on-premise software revenue and Software as a Service (SaaS), preferably usage-based SaaS. This role is designed for an experienced CPA with a minimum of six years of progressively responsible experience, including at least four years in revenue-specific roles. The Manager will lead the US global revenue close and reporting process, review key controls, reconciliations, and various forecast and reporting deliverables. They will also propose significant process improvements, including automations and system enhancements, and lead the quarterly revenue forecasting process in partnership with FP&A team members. Additionally, the Manager will analyze new product, service, and go-to-market strategies for their accounting implications and develop methods for automating the accounting for those sales. Mentoring and developing the US Revenue Accounting Team and Shared Services Revenue Accounting team will also be a key responsibility, ensuring both teams work cohesively for monthly closes and reporting. Furthermore, the Manager will manage Revenue SOX compliance and act as a subject matter expert in accounting for usage-based SaaS contracts, on-premise term licenses, and related professional services and education.

Responsibilities

  • Manage and lead the US global revenue close and reporting process, including the review of key controls, reconciliations, and other various forecast and reporting deliverables.
  • Propose significant process improvements, including automations and system enhancements.
  • Lead the Company's quarterly revenue forecasting process, in partnership with FP&A team members.
  • Analyze new product, service and go-to-market strategies for their accounting results and develop methods of automating the accounting for those sales.
  • Ensure the Company's revenue recognition accounting results are accurate and in compliance with ASC 606 and internal accounting policies.
  • Mentor, train, and develop the US Revenue Accounting Team and Shared Services Revenue Accounting team to ensure the two teams work as one unit for monthly closes and reporting.
  • Manage Revenue SOX compliance and ensure SOX requirements are met for relevant areas.
  • Act as a subject matter expert in accounting for usage-based SaaS contracts, on-premise term licenses, related professional services and education.

Requirements

  • BA/BS degree in Accounting, Finance or related field
  • CPA certification or equivalent practical experience
  • 6 years of progressively responsible experience at either a Big 4 public accounting firm or a global, publicly traded high-tech organization with a minimum of 4 years in revenue roles
  • Strong knowledge of US GAAP, primarily revenue recognition (ASC 606) as it applies to on-premise software revenue and SaaS, preferably usage-based SaaS
  • Experience with system enhancement projects
  • Attention to detail and experience multitasking and prioritizing to deliver impact in a fast-paced environment
  • Strong analytical and problem resolution skills, including the ability to simplify complex situations
  • Excellent interpersonal skills (oral and written) and the ability to communicate effectively with all levels at the company
  • Strong Excel skills
  • Experience using Netsuite and Netsuite ARM preferred, experience with other revenue accounting systems and Sales commission solution like Xactly also desired.

Benefits

  • Competitive pay and benefits
  • Annual bonus
  • Competitive equity package
  • Wide range of employee benefits
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