Director of Revenue Accounting, Payscale

• Ideal candidates will have a strong working knowledge of ASC 606 and direct experience leading the full revenue accounting process
• Bachelor’s degree in accounting of finance strongly preferred
• 8+ years of accounting and revenue accounting experience
• CPA and public accounting or working for a public company preferred
• Ability to work in multiple systems and quickly move from one system to another. Interest and aptitude handling a high volume of data processing
• Understanding of GAAP and related revenue recognition concepts
• Well-developed problem-solving, mathematical, and analytical skills
• Able to discern alternatives, make objective recommendations, and understand how to work with other business groups to accomplish goals
• Excellent communication skills in dealing with external and internal customers including upper levels of management
• Experience with NetSuite (or similar ERP system) and Salesforce
• Experience with billing systems such as Recurly or Zuora preferred
• If you work from home, we recommend ensuring that you can meet the following technology, equipment and workspace requirements:
• High-Speed Internet - A stable broadband or fiber connection (satellite is highly discouraged) with a minimum speed of 100 Mbps in a dedicated workspace that has a reliable Wi-Fi signal
• Device for Multifactor Authentication (MFA/2FA) - smartphone, tablet, etc

Desirable

• The Director of Revenue Accounting is responsible for the consistent application of revenue recognition policies, procedures and controls
• This role is crucial to the order-to-cash process. This role will work closely with Sales, Sales Operations and FP&A
• Maintain revenue accounting principles, practices, and procedures to ensure compliance with U.S. GAAP requirements (ASC 606)
• Lead the monthly revenue close process including deal approval in Salesforce, journal entry preparation/review, and account reconciliation including deferred revenue, and accounts receivable
• Work closely and collaboratively with Sales, Sales Operations and Legal to proactively ensure a high level of integrity around revenue recognition. This includes reviewing contracts, order forms, and statements of work to identify appropriate billing and revenue recognition
• Approve non-standard deal structures to ensure proper revenue recognition while maintaining scalable billing operations
• Prepare monthly KPIs related to deal structure, revenue recognition and billing
• Enhance policies and processes over the orders-to-cash lifecycle
• Provide ad-hoc analysis for revenue and customer-related data for various product offerings
• Initiate business processes and financial system improvements
• Coordinate with the FP&A team to forecast revenue and billings in future periods
• Be the lead point of contact for the external auditors for all revenue related inquiries
• Manage the team of eight professionals, comprising of four in Revenue Accounting and four in the Collection team