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Revenue Recognition Manager job description
Manage, mentor and train a staff to ensure as new opportunities arise that staff are ready to take on new challenges
Other special projects as the company continues to build its infrastructure around business needs.
This role manages the daily activities of the revenue accounting department. Ensures compliance with applicable policies and reviews contracts to ensure that revenue is recorded in compliance with GAAP. Monitors the month-end revenue close. May assist in the preparation of SEC filings or interface with external auditors as needed. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected.
Manage the world-wide revenue recognition functions and create policies and procedures to ensure proper accounting treatment
Technical Accounting Resource for the organization as a whole
Application of EITF 00-21, SOP 97-2, SAB 104 and VSOE principles and concepts
Establish a partnership with Sales to ensure that proper technical guidance is followed during the contract negotiation process
Review contracts, sales orders and purchase orders to assess proper revenue recognition accounting treatment
Perform fair market value analysis for multiple element arrangements
Ensure that all revenue recognition processes and procedures are up to date with the latest literature
Work with the External Auditors to ensure the company is compliant with the latest revenue recognition rules
Extensive knowledge of US GAAP, revenue recognition principles and ability to apply
Strong written skills and experience writing technical memos
Ability to wor
k independently with minimal supervision and as part of a team
Strong organizational skills, including attention to detail, problem solving, and follow through
Experience with Sarbanes Oxley internal controls a plus
Bachelors degree, preferably in finance or accounting
Ten years corporate accounting or public accounting experience with Big Four firm and SEC experience