Director of Revenue and Technical Accounting

3 weeks ago

Minneapolis, United States Sunbolt Recruiting Group, LLC Full time

Our client is a leading technology firm located in the greater Minneapolis area with an immediate opening for a Director of Revenue & Technical Accounting. The Director of Revenue & Technical Accounting is responsible for (i) leading the team in all aspects of technical accounting research and documentation, including focus on revenue recognition, of this fast-paced and growing organization as well as (ii) leading the organization's financial reporting function. This position is also responsible for maintaining and further building-out a strong system of internal controls around areas of responsibility. As the organization continues to grow and increase in complexity, this position will also have a key role in outlining the overall strategy and vision of the technical accounting and financial reporting team, processes and capabilities.

WHY THIS IS A GREAT OPPORTUNITY

Base Salary $190-220k plus Bonus 100% Fully Remote Role 401K, Flex Spending, Tuition Reimbursement, and Parental Leave Health insurance including medical, dental and vision insurance Our client is poised for significant growth and has a great track record of working with career minded individuals who are looking to further grow their careers. Very strong company culture with a strong focus on work-life balance, and great opportunities for career advancement.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Leads both the technical accounting and financial reporting functions of the organization, inclusive of revenue recognition and evaluating complex revenue transactions Leads the team in researching, documenting and supporting the organization's more complex accounting decisions and policies Works proactively with Finance and Sales personnel to assist in the assessment of customer arrangements while being able to clearly communicate the GAAP revenue accounting implications associated with the terms of the arrangement with the customer to multiple interested parties Reviews and assesses complex revenue arrangements for appropriate GAAP revenue accounting under ASC 606 and be the first point of contact for ad-hoc questions, as they arise, around revenue recognition from the Field and Finance Prepares and/or reviews documentation of accounting memos to support the Company's material and complex arrangements Leads the team with respect to year-end process around financial statement preparation/presentation, including footnote disclosures Assists with due diligence and purchase accounting associated with acquisitions as needed (outside of income tax matters) Leads the team relative to the annual goodwill impairment assessments as well as assessments for the potential impairment of other long-lived assets Maintains a strong internal controls environment around technical accounting matters and the external reporting processes Leads the effort around the adoption of all relevant new accounting standards Attends Audit Committee meetings as needed and presents on material/complex accounting matters Leads the effort around the updating of the organization's written accounting policies Plays a key role in developing the overall strategy. As the organization grows and increases in complexity, provides vision around the technical accounting and financial reporting function (team structure and capabilities, process around quarterly external reporting, technology decisions, etc.) Assists in the financial statement integration of acquired businesses as they occur Assists with the overall coordination and interactions with the external audit firm

QUALIFICTIONS

5+ years of hands-on experience in roles of increasing responsibility within the accounting and finance function Bachelor's degree in Accounting or similar discipline; Licensed Certified Public Accountant (CPA) required Strong knowledge of US GAAP and financial reporting, inclusive of ASC 606 (Revenue Recognition) Current knowledge of the expectations of a strong internal control environment Ability to comprehensively and persuasively document accounting conclusions on complex matters Comfortable operating in a highly dynamic, fast paced and high growth environment with a demonstrated ability to add value to the business Excellent communication, writing, managerial organizational and people skills Proven initiator, innovator and influencer who can drive change, improve processes, and provide sound solutions to complex and routine business issues Collaborative and accessible manager with a successful track record of developing, mentoring and motivating teams Outstanding sense of "teamwork" and working for the greater good Strong research capabilities Experience with purchase accounting Prior experience in a fast paced, rapid change environment where priorities change regularly and where steady state is rarely achieved Ability to think and act in a forward-looking manner, including the demonstrated ability to anticipate challenges and opportunities and address them in a proactive, pragmatic, fact-driven manner Prior experience with appropriate use of tools and best practices to capture, analyze, and report financial data and trends in a timely and effective manner Participative, hands on, "roll up the sleeves" management style with a keen attention to thoroughness and details Available for occasional travel, as needed

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