Revenue Accounting Manager

Canonical; Hongkong; Hybrid; HKD 889,000 - 1,202,000; Full time

Job summary

Canonical is seeking a Revenue Accounting Manager to drive revenue recognition for SaaS and services, ensuring IFRS 15/ASC 606 guidance is applied with high automation and clarity.

This home-based role in the EMEA time zones offers London-based options, reports to the Global Financial Controller, and leads a growing team across product, legal, FP&A, and sales operations.

Qualifications

• Undergraduate degree in Accounting or Finance required.
• CPA, CA or equivalent with IFRS expertise essential.
• Deep knowledge of IFRS 15 for SaaS/services.

Responsibilities

• Lead revenue recognition processes and policies across contracts and products.
• Collaborate with product, legal, FP&A, sales ops and BIS teams.
• Drive automation and systems improvements for revenue close.
• Review non-standard contracts and new product revenue impact.
• Manage and develop the revenue accounting team.
• Support month-end close, reconciliations and analysis.
• Maintain internal controls over revenue transactions and reporting.
• Coordinate with external auditors on order-to-cash matters.

Skills

IFRS 15 experience

SaaS revenue accounting

Leadership/management

Process automation

Data analytics interest

Education

Bachelor's degree in Accounting or Finance

CPA/CA or equivalent

Tools

NetSuite ERP

Excel

Job description

Canonical is a leading provider of open source software and operating systems to the global enterprise and technology markets. Our platform, Ubuntu, is very widely used in breakthrough enterprise initiatives such as public cloud, data science, AI, engineering innovation, and IoT. Our customers include the world's leading public cloud and silicon providers, and industry leaders in many sectors. The company is a pioneer of global distributed collaboration, with 1200+ colleagues in 75+ countries and very few office-based roles. Teams meet two to four times yearly in person, in interesting locations around the world, to align on strategy and execution.

The company is founder-led, profitable, and growing.

We are hiring aRevenue Accounting Manager, ideally a candidate with a passion for systems accounting, to drive revenue recognition process, decisions, systems and reporting.

In our finance function we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes and systems into alignment.

We are looking for a professionally qualified accounting leader with expertise in IFRS 15/ASC 606 to build scalable contract review and revenue recognition processes. This lead will work across teams including product management, legal, FP&A, sales operations and commercial business systems to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a very high level of automation. Perhaps unusually we prefer a leader with deep personal interest in the software and technology industry, and ideally some data analytics and software engineering experience. The Revenue Accounting Manager will ensure the proper application of revenue accounting guidance for public market scrutiny.

This is a management position which requires confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency and speed of reporting as a global tech company.

Location:This role is home-based in EMEA time zones, with the option to be based in our London office. It will report to our Global Financial Controller.

Key responsibilities

• Collaborate with Product Management, Sales Operations, Sales, Legal, and FP&A teams to design standard contracts
• Drive process and configuration improvements in NetSuite and related systems for end-to-end automation of the revenue life cycle
• Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy
• Review and evaluate the revenue recognition impact of non-standard contracts and new products
• Lead, mentor and develop a team of revenue accounting and systems accounting professionals
• Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
• Develop and maintain effective internal controls over revenue transactions and reporting
• Research and write accounting memos on significant revenue recognition and other related policy matters
• Act as the primary liaison with external auditors in matters related to order-to-cash

Valued skills and experience

• An exceptional academic track record from both high school and university
• An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
• CPA, CA or equivalent with excellent technical accounting skills and IFRS experience
• A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
• Leadership or management responsibility
• A track record of going above-and-beyond expectations
• Experience of software licensing, subscription and services revenue accounting and operations
• Experience driving revenue recognition and scaling accounting processes in a high-growth environment