Global Revenue Accounting Director
2 weeks ago
Title: Global Revenue Accounting Director
Industry: PE backed Global Digital Media Company
Location: Needham, MA
Hybrid schedule: 2 days a week in the office/ 3 days remote
Required:
ASC 606 revenue accounting experience
technical accounting/research skills
Supervisory management experience (will oversee a team of 20 so need to have at least a staff of 5+)
Pluses:
Big 4 experience (very strong plus, almost a must)
CPA
Global/IFRS accounting experience
Publicly held and/or PE backed company experience
Info on job: Will report to the VP Accounting and will be responsible for the global revenue accounting function and will manage a team of 20 in various locations around the globe. Need strong ASC 606 revenue and technical accounting experience.
Global Revenue Accounting Director
The Global Revenue Accounting Director will report to the VP of Americas Accounting and will lead the global revenue team. The Revenue Accounting Director role ensures the accuracy and integrity of revenue recognition processes, which are essential for financial reporting and decision-making within the organization. The Director will be responsible for driving process improvement initiatives and projects to improve the efficiency of the revenue accounting team to meet our growth demands.
The role requires an experienced Revenue Accounting Director to have a strong background in revenue accounting, exceptional leadership skills, and the ability to collaborate effectively with cross-functional teams.
Develop and implement revenue recognition policies and procedures in accordance with US GAAP ASC606 and group accounting policies.
- Oversee the accurate and timely recording of revenue transactions in compliance with relevant accounting principles and regulations.
- Lead global revenue teams monthly and quarterly Revenue close, ensuring the timely delivery of revenue figures with accuracy and completeness.
- Lead global revenue team to synchronize and streamline revenue procedures and processes. Identify opportunities to enhance efficiency and strengthen internal controls.
- Mentor and coach the team of global revenue accounting professionals, providing guidance, training, and professional development opportunities.
- Collaborate with cross-functional teams, including sales, legal, and FP&A, to review and analyze revenue contracts.
- Provide guidance and expertise on complex revenue transactions under US GAAP ASC606, including multiple-element arrangements.
- Ensure compliance with regulatory requirements and internal controls related to revenue processes.
- Coordinate with external auditors during financial audits, providing documentation and explanations related to revenue transactions and accounting treatment.
- Stay current with changes in accounting standards and regulations related to revenue accounting and assess their impact on the company.
- Participate in the new ERP projects and a play a key role in revenue and related modules and functions.
- QualificationsBachelors degree in accounting, Finance, or related field; CPA or equivalent certification preferred.
- 10+ years of experience in accounting including 6+ years in revenue accounting, with a focus on technology or SaaS industries preferred. Experience with a global accounting firm; big four is most desirable.
- A minimum of 3-5 years in a managerial or leadership role including managing global teams and collaborating with cross-functional stakeholders.
- Thorough understanding of revenue recognition principles and accounting standards under US GAAP ASC606.
- Strong analytical skills and attention to detail, with the ability to interpret and analyze complex contracts.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
- Capability to lead and drive projects and initiatives, to improve efficiencies.
- Experience with ERP systems and revenue recognition software preferred. (D365, Oracle, SAP, etc.).
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
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