Revenue Manager

2 months ago

Fremont, United States Cytek Biosciences Inc. Full time

SUMMARY:

We are looking to hire an experienced Revenue Manager, to join our Revenue Accounting team. Reporting to the Director of Accounting, this role will be a key contributor to the Finance team in managing day-to-day accounting from invoice billing to revenue reporting. This role is also expected to be highly self-motivated in driving process improvement and adaptive to a fast-paced environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

* Manage monthly revenue accounting close efforts, including invoicing, cash application, contract analysis, preparation/review of monthly revenue, and deferred revenue reconciliations.
* Review customer contracts and billings for non-standard terms, multiple elements, and to ensure that revenue has been recognized accurately and timely in accordance with ASC 606.
* Perform quarterly fair value pricing (FVP) analysis.
* Maintain deferred revenue schedule and service revenue schedule
* Continuously improve revenue operating and reporting process, including driving system improvement in the NetSuite ARM system.
* Co-owner of the Order-to-Cash cycle and drive the improvement process and compliance with SOX control.
* Support the Sales and Use Tax team to ensure proper invoicing and timely collection of the exemption certificate.
* Provide sufficient support in assisting sales and use tax review and filings for domestic states and Canada. Perform ad-hoc analysis as necessary to support business partners such as Marketing and Sales.
* Assist manager to prepare 10Q and 10K revenue and gross margin disclosure schedule and footnotes.
* Interact with Internal Audit to address revenue related control deficiencies and assist manager in remediating and enhancing SOX controls and ensure compliance with internal controls.
* Work closely with other finance team members and cross functional departments such as Sales, FP&A, Operation (Shipping and Warehouse) and Legal.
* Monitor, recommend, and implement improvements to current methodologies & practices.
* Maintain annual revenue related memorandums, document any significant new transaction types.
* Proactively participate in process improvement and ad-hoc projects independently or under manager's guidance.
* Act as a liaison with external auditors regarding revenue and proactively resolve all revenue-related issues.
* Mentor A/R billing/collection accountant and staff accountant in addition to day-to-day accounting responsibilities.
* Other responsibilities and duties as assigned by manager.

REQUIREMENTS & QUALIFICATIONS:

* Minimum 4-7 years of relevant business experience, manufacturing or construction a plus and prior exposure to ASC 606 a must.
* CPA and bachelor's degree or higher in Accounting, Finance, or Economics required.
* Experience in performing technical revenue research, determining revenue treatment for non-standard sales.
* Prior experience using a mid or large ERP system a must, with NetSuite and Advance Revenue Management (ARM module) highly preferred, Sales Force exposure a plus.
* Prior public company experience in an international setting and familiar with SOX.
* Must be able to effectively meet deadlines and prioritize work assignments for efficiency
* Exceptional organizational skills with the ability to prioritize tasks effectively and work as part of a team
* Ability to deliver results and meet expectations in a fast-paced environment
* Working knowledge of general accounting concepts
* Excellent written and verbal communication skills

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

The physical demands described here are representative of those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

* Prolonged periods sitting at a desk and working on a computer.
* Must be able to lift up to 25 pounds at times.
* Be able to work in a standing position for an hour at a time and be able to position their body without additional support to obtain access to internal components of the system.

Cytek is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, gender identity, sexual orientation, national origin, genetic information, disability status, veteran status, or any other characteristic protected by law.

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