Senior Manager, Revenue Recognition

Optimizely; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading tech company in London seeks a Senior Manager, Revenue Recognition. In this role, you will manage revenue accounting processes and guide cross-functional teams to ensure compliance with GAAP standards. The ideal candidate has over 5 years of experience in revenue or accounting, with a strong knowledge of ASC 606 and CPA credentials. This position offers a chance to lead within a dynamic environment and shape the company’s revenue strategies.

Qualifications

• 5+ years of experience in revenue or accounting.
• Strong knowledge of ASC 606 is required.
• CPA with Big 4 experience is preferred.

Responsibilities

• Manage deal review communications and guidance for revenue recognition.
• Complete month-end close activities and reporting.
• Ensure compliance with revenue accounting standards.

Skills

Revenue/Accounting

Communication Skills

Leadership

Legal Compliance

SaaS Experience

Education

Bachelor's degree in Accounting/Finance

Tools

NetSuite

Power BI

Job description

Overview

We are seeking a Senior Manager, Revenue Recognition that will be primarily responsible for supporting the business and providing technical revenue accounting guidance/analysis in accordance with GAAP and Company policies. The ideal candidate will be a self-starter, with great communication skills who thrives in a fast-paced environment. The candidate will work with various cross functional teams and report to the Director of Revenue Recognition.

Responsibilities

• Manage deal review communications between revenue team and Sales, Sales Operations, and Legal during contract negotiations and provide guidance and assistance to ensure proper revenue recognition
• Complete monthly deal review checklists documenting key contract terms, noting any non-standard terms impacting revenue recognition
• Complete month-end close activities and accurate reporting of key revenue data, including monthly customer reviews and analysis of changes to key accounts
• Review reconciliations and other key processes within the worldwide revenue and deferred revenue close process
• Build and maintain controls to provide early sight of issues and resolution to ensure clean and accurate reconciliations
• Produce high quality, insightful analysis of revenue and deferred revenue at the customer and product level using Netsuite, Power BI and internal analytics tools
• Work closely with FP&A to ensure forecasts are built with the most up-to-date data and insights from the revenue team
• Take a lead role in the annual audit, providing data and answering queries from the auditors
• Build and maintain strong expertise in NetSuite and other relevant systems
• Provide guidance in accordance with ASC Topic 606 and/or IFRS 15
• Assist in managing the standalone selling price analysis
• Provide assistance in drafting revenue recognition polices and memos
• Maintain process documentation and update as necessary
• Lead other special projects and ad hoc reporting requests as needed
• Manage revenue team members and ensure they are being coached and developed to a high standard

Knowledge and Experience

• 5 Years Experience in Revenue/Accounting
• Experience within SaaS is a plus
• Strong knowledge of ASC 606 required
• CPA with Big 4 experience preferred

Education

Bachelor's degree in Accounting/Finance

Competencies

• Accepting Responsibility
• Acting Strategically
• Communicating Effectively
• Demonstrating Initiative
• Driving Projects to Completion

Optimizely is committed to a diverse and inclusive workplace. Optimizely is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.