Senior/Revenue Accountant

4 weeks ago

Santa Clara, United States Druva Full time

Druva, the autonomous data security company, puts data security on autopilot with a 100% SaaS, fully managed platform to secure and recover data from all threats. The Druva Data Security Cloud ensures the availability, confidentiality, and fidelity of data - providing customers with autonomous protection, rapid incident response, and guaranteed data recovery. The company is trusted by its more than 6,000 customers, including 65 of the Fortune 500, to defend business data in today's ever-connected world. Amidst a rapidly evolving security landscape, Druva offers a $10 million Data Resiliency Guarantee ensuring customer data is protected and secured against every cyber threat. Visit druva.com and follow us on LinkedIn, X and Facebook.

Position Summary
The Senior/Revenue Accountant will report to the Director of Revenue Accounting. In this position, they will assist with the entire revenue accounting and close process. We are looking for an individual that wants to scale controls, improve processes, and leave a legacy while taking Druva's accounting function to the next level. If you thrive in a fast-paced, dynamic environment, and are ready for the adventure awaits you at Druva, then keep on reading
This role will work closely with cross functional teams to ensure timely and accurate recording and reporting of revenue. The ideal candidate has experience with multiple element arrangements, complex revenue transactions, can think strategically on a process level, and execute in the details.

Responsibilities include, but are not limited to:
•Assist with contract analysis review and apply critical thinking to ensure proper revenue recognition in accordance with company policy and ASC 606 revenue recognition accounting standards.
•Assist with ASC 606 revenue accounting analyses such as Standalone Selling Price analysis, Contract Combination assessment, Contract Modification assessment, and Material Right assessment.
•Prepare and/or update accounting policy memos, including researching technical accounting topics.
•Perform revenue month-end close activities: prepare journal entries, reconciliations, flux analyses, related reporting and disclosures, etc.
•Provide input for on-going development and improvement on systems and operation processes, enabling repeatable processes, scalability, and the support of new business initiatives.
•Work with the external auditors to provide the required support for the quarterly reviews and annual audit.
•Assist with developing and documenting public company-caliber controls and procedures to assist with narratives and risk control matrices.
•Supporting ad-hoc accounting projects and analysis as required, including data analysis and management reporting, design of accounting operational processes, efficiency improvements, automation, etc.

Minimum Qualifications:
•Bachelor's degree in Accounting, Finance or related field of study
•4+ years of relevant revenue accounting experience
•Technical accounting knowledge of ASC 606
•Excellent verbal and written communication, collaborative, ability to work cross-functionally at all levels
•Detailed-oriented with excellent analytical skills
•Strong organizational skills and ability to meet tight deadlines
•Excellent computer skills with MS Office software, including Excel, Word, and PowerPoint
•Must be a self-starter, team player and able to work in a fast paced, rapidly changing environment.

Preferred Qualifications:
•CPA
•Mix of industry and Big 4 experience
•Experience with high-growth companies, ideally in the Software or SaaS industry
•Strong financial systems background and NetSuite experience

The pay range for this position is expected to be between $119,000 and $138,333/year; however, base pay offered may vary depending on multiple individualized, non-discriminatory factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other incentive compensation opportunities in the form of discretionary annual bonus or commissions, and equity. Additionally, full-time employees are eligible to participate in our comprehensive benefits program, including health and wellness benefits, 401(k) retirement plan, life and disability insurance coverages, and other benefits the Company may offer from time to time.

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