Position Summary:
The Senior Revenue Manager will play a critical role in ensuring accurate and compliant revenue recognition by ASC 606 and supporting the month-end close process through the review and reconciliation of revenue and deferred revenue accounts. This role also oversees billing and collection processes and supervises a team of two.
Duties/Responsibilities:
- Oversee the month-end revenue close process, ensuring timely and accurate revenue recognition following GAAP. Streamline month-end close processes to shorten close timelines and drive efficiency
- Manage billing and collection processes, including invoicing, revenue recognition, and related reporting.
- SME for Revenue Accounting for process and sales-related issues related to the Company’s products, pricing, and revenue transactions
- Maximize the automation of revenue recognition processes in NetSuite and drive the implementation of a new Revenue Recognition system
- Coordinate with cross-functional teams (Sales, Operations, Customer Success, and Legal) to ensure that all revenue transactions are accounted for under the company’s revenue policy.
- Prepare and maintain revenue-related schedules, including deferred revenue, unearned revenue, and billing reconciliations.
- Prepare technical revenue accounting memos in compliance with US GAAP for non-standard contracts.
- Support ad hoc projects, including systems implementation, acquisitions, and process improvements related to revenue processes
- Collaborate with the Controller on special projects and initiatives related to revenue and finance operations.
Skills/Abilities/Experience:
- Deep knowledge of ASC 606 compliance and GAAP standards for accurate revenue recognition.
- Hands-on experience with NetSuite ARM module and revenue automation tools, with a focus on process optimization.
- Ability to prepare and analyze revenue-related schedules, such as deferred revenue and billing reconciliations, with advanced proficiency in Excel.
- Strong communication skills to work effectively with Sales, Operations, Legal, and Customer Success teams on revenue-related policies and processes.
- Proven ability to manage a team, streamline month-end close processes, and drive efficiency through automation and process improvements.
Minium Qualifications:
- Bachelor's degree in accounting or related; CPA a plus
- 5+ years of accounting experience - ideally a combination of public accounting and revenue accounting in the SaaS / Tech industry
- Hands-on experience with NetSuite ARM module is required.
- Experience with subscription and usage-based billing is required.
- Experience with integration of revenue and billing processes on the acquiring side.
- Advanced Excel is required
Physical Requirements:
- Ability to stand and sit for extended periods.
- Ability to lift 10 lbs. weight.