Director Of Revenue Recognition

SmartRecruiters, Inc.; Costa Mesa (CA); Presencial; USD 150 000 - 210 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Equal opportunity Employer

Resumo da oferta

SmartRecruiters, Inc. seeks a Director of Revenue Recognition in Costa Mesa to lead global revenue accounting, reporting and controls. You will govern complex contracts, royalties and cost-of-sales, applying ASC guidance and authoritative literature to ensure accurate statements.

The role requires CPA with 6+ years of experience and strong leadership to drive process improvements, control enhancements and cross-department collaboration with Legal, Sales and Finance.

Qualificações

• Bachelor's degree in accounting required.
• CPA with 6+ years of public/private experience preferred.
• Experience with ASC 605 and related revenue recognition literature.

Responsabilidades

• Support and own revenue recognition process across contracts and journals.
• Review orders and contracts for proper revenue treatment and elements.
• Perform fair value analyses for multi-element arrangements.
• Audit orders for revenue recognition, data entry and billing accuracy.
• Communicate impacts of contract terms to management and negotiate structures.

Conhecimentos

Analytical abilities

Problem solving

Leadership

Team collaboration

Communication

Formação académica

Bachelor's degree in accounting

CPA certification

Ferramentas

Excel

MS Office

Descrição da oferta de emprego

The Director - Revenue Recognition will be responsible for corporate-wide revenue recognition accounting, reporting, and related internal controls.

Job Description

This position will also be responsible for revenue related expenses including royalties, cost of sales and cost of sales reclasses.

Must have thorough knowledge of technical requirements of SOP 97-2 Software Revenue Recognition, EITF 00-21 Revenue Arrangements with Multiple Deliverables, EITF 99-19 Reporting Revenue Gross as Principal versus Net as Agent and ASC 605-20-S99 Revenue Recognition – Overall.

Essential Duties and Responsibilities

Other duties may be assigned.

• Support the revenue recognition function, including the set-up and review of complex contracts, application of accounting guidance and identification of inherent risks, identification of corresponding journal entries, and ownership of general ledger accounts.
• Review contracts, sales orders and purchase orders to assess proper revenue recognition treatment, including the identification of contractual elements.
• Perform fair value analyses for multiple element arrangements.
• Perform periodic audits of orders for proper revenue recognition, data entry and billing accuracy.
• Exercise judgment within defined policies and authoritative literature to determine appropriate action related to revenue-related transactions.
• Implement revenue recognition reporting and process improvements based upon industry trends, authoritative literature and business objectives.
• Serve as an internal technical accounting resource during the contract negotiation process by working with the Legal and Sales departments and analyzing the impact of "red flag" contract terms, communicating the revenue impact of such terms, and offering alternative structures, as available.
• Effectively communicate with management to bring resolution to revenue recognition and related issues.
• Ensure revenue accounting policies are documented and applied consistently on a worldwide basis.
• Ensure that financial information communicated externally and internally is complete and accurate to mitigate the risks associated with inaccurate reporting.
• Ensure that internal controls are effective and efficient.
• Escalate issues that may have negative financial impact.
• Ensure the accurate compilation, analysis and reporting of accounting data related to deferred revenue and open contract elements that require deferral of revenue.
• Research and advise on changes in accounting literature.

Competencies

• Must possess problem recognition and resolution skills.
• Ability to work independently and in a team.
• Must have highly developed analytical abilities, able to analyze situations, present/defend conclusions and recommend action plans.
• Must have a willingness to delve into a problem and understand the root cause.
• Must be capable of making sound business decisions.
• Ability to organize and prioritize multiple projects.
• Excellent attention to detail and accuracy.
• Strong organizational, mathematical and follow-up skills are required.
• Strong leadership and mentoring skills.
• Strong organizational skills and detail-oriented self-starter with the ability to work independently to meet deadlines.
• Strong interpersonal skills and ability to communicate clearly and concisely both verbally and in writing.
• Proven leadership skills with the ability to develop and mentor staff.

Qualifications

Education and Experience

• Bachelor’s degree in accounting.
• CPA with at least 6 years of public and private experience (Big 4 preferred) with exposure to complex revenue recognition issues.
• Experience in the application of ASC 605 and working knowledge of all other current authoritative literature related to revenue recognition.

Computer Skills

• Advanced abilities in MS Office programs.
• Excellent in Excel spreadsheet development, including the ability to create formulas & schedules using pivot tables, vlookup, etc.

Additional Information

Equal opportunity Employer