Revenue Recognition Manager

1 week ago

Eden Prairie, United States Arcserve Full time
Job DescriptionJob Description

Who is Arcserve?


Arcserve provides exceptional solutions to protect the priceless digital assets of organizations in need of full scale, comprehensive data protection. Established in 1983, Arcserve is the world’s most experienced provider of business continuity solutions that safeguard every application and system, on every premises and every cloud. Organizations in over 150 countries around the world rely on Arcserve’s highly efficient, integrated technologies and expertise to eliminate the risk of data loss and extended downtime while reducing the cost and complexity of backing up and restoring data by up to 50 percent.

We are seeking a highly skilled and detail-oriented Revenue Recognition Manager to join our finance team. The Revenue Recognition Manager will be responsible for ensuring compliance with revenue recognition standards and managing the revenue accounting process for our technology company. The ideal candidate will have a strong background in revenue recognition principles, experience in the technology industry, and the ability to collaborate effectively with cross-functional teams.

Here is what we need our Revenue Recognition Manager to do:

  • Lead and oversee the revenue recognition process in accordance with ASC 606 and other relevant accounting standards.
  • Develop and maintain revenue recognition policies and procedures to ensure compliance and accuracy.
  • Write technical memos supporting adoption of new accounting standards or change in accounting methodology.
  • Review customer contracts to assess revenue recognition implications and ensure proper accounting treatment.
  • Collaborate with sales, legal, and product teams to structure revenue arrangements that align with company objectives and accounting standards.
  • Provide guidance and support to sales and finance teams on revenue recognition matters, including deal structuring and contract negotiations.
  • Perform all month and year-end related close activities and reviews.
  • Complete all deferred revenue related account reconciliations monthly.
  • Prepare revenue forecasts and revenue recognition impact analysis.
  • Perform annual Fair Value price analysis and update ERP system to reflect current values and calculations.
  • Validate current revenue calculation methodology annually and revise as needed.
  • Review and approve revenue-related journal entries.
  • Own and maintain all revenue specific SKU attributes in ERP system.
  • Monitor changes in accounting standards and regulations related to revenue recognition and assess their impact on the company.
  • Assist with internal and external audits and provide documentation and explanations related to revenue recognition.
  • Identify opportunities for process optimization.
  • Support special projects and initiatives related to revenue recognition and financial reporting as needed.

What education and skills does our Revenue Recognition Manager need?

  • Bachelor’s degree in accounting or finance
  • CPA certification.
  • 5+ years of progressive experience in revenue recognition accounting, preferably in the technology industry; 3+ years supervisory experience.
  • Strong understanding of ASC 606
  • Experience with revenue recognition software and ERP systems.
  • Advanced Microsoft Excel skills
  • Excellent analytical and critical thinking skills
  • Strong attention to detail and accuracy
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
  • Ability to prioritize tasks and meet deadlines in a fast-paced environment.
  • Strong leadership and project management skills
  • ERP implementation experience.
  • International and foreign currency exposure.

What benefits does Arcserve offer?

  • Unlimited Paid Time Off (PTO)
  • 401k with employer match
  • Health, dental, and vision insurance
  • Short-term and long-term disability (STD and LTD)
  • Accidental Death & Dismemberment (AD&D) insurance
  • Life insurance
  • Health Savings Account (HSA) or Flexible Spending Account (FSA)

Interested?

Please apply on our Career's Page at www.Arcserve.com

Arcserve is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status in accordance with applicable laws.


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