Description:
Position Overview: The Revenue Accounting Manager at CloudBees will play a critical role in managing and overseeing the company's revenue recognition process. This position will ensure that revenue is recognized in accordance with GAAP and ASC 606, and will be responsible for preparing and analyzing financial reports related to revenue. The ideal candidate will have a strong understanding of the software industry's revenue recognition practices, excellent analytical skills, and the ability to work cross-functionally in a dynamic environment.
Key Responsibilities:
- Revenue Recognition: Oversee the end-to-end revenue recognition process, ensuring compliance with ASC 606 and CloudBees’ accounting policies.
- Process Improvement: Identify opportunities for process improvements in revenue recognition and financial reporting. Lead initiatives to drive efficiency and accuracy in daily, monthly and annual revenue process’
- Documentation: Maintain and document comprehensive revenue policies and procedures, ensuring they are up-to-date with new product offerings and accounting standards
- Month-End Close: Participate in the month-end close process for revenue, including preparing journal entries, reconciling accounts, and performing variance analysis.
- Audit Support: Serve as a point of contact for revenue-related audit inquiries, providing necessary documentation and ensuring timely resolution of audit inquiries.
- Contract Review: Analyze and interpret customer contracts, identifying key revenue recognition implications and ensuring accurate recording of revenue transactions.
- System Implementation: Collaborate on the implementation and enhancement of revenue accounting systems and tools to streamline processes and improve accuracy.
- Cross-Functional Collaboration: Work closely with Sales, Legal, FP&A, and other teams to ensure alignment on revenue recognition and support business objectives.
- Compliance: Stay current with changes in revenue recognition standards and regulations, ensuring CloudBees remains compliant with all applicable guidelines.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification preferred.
- Minimum of 5 years of experience in public accounting, revenue accounting, or general accounting with a focus on the software or technology industry a plus.
- Strong knowledge of ASC 606 and GAAP, with hands-on experience in revenue recognition for SaaS or subscription-based models.
- Experience with ERP systems, such as NetSuite, Salesforce, Stripe and other revenue recognition tools.
- Proficiency in Microsoft Excel and financial reporting tools.
- Excellent analytical, problem-solving, and organizational skills, with a keen attention to detail.
- Strong communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Experience working in a global company with multiple currencies and entities is a plus.