Mgr, Accounting

F5 Networks, Inc.; United States; Hybrid; USD 121,000 - 180,000; Full time

Benefits offered by this job

401k

Incentive pay

RSU

Job summary

F5 Networks, Inc. is seeking a Manager of Accounting in Seattle, WA, to lead revenue accounting and the monthly close process. You will ensure accurate revenue recognition, oversee journal entries, and provide analytics to management and auditors.

The role supports hybrid work arrangements from Seattle with partial telecommuting options and offers competitive compensation and benefits including 401k and incentive programs.

Qualifications

• Bachelor’s degree in Business Administration, Accounting, or related discipline.
• Experience in revenue recognition and accounting controls.
• Ability to manage monthly close and produce revenue reports.

Responsibilities

• Provide guidance on revenue accounting for transactions affecting revenue to management, sales and other stakeholders.
• Participate in the accounting close process.
• Review revenue transactions and resolve discrepancies.
• Oversee processes, procedures, and controls to book transactions and maintain revenue-related controls.
• Respond to requests from foreign subsidiaries pertaining to revenue matters.
• Evaluate contracts for revenue recognition impacts and coordinate with stakeholders.
• Prepare standard and complex journal entries.
• Reconcile balance sheet and income statement accounts.
• Perform analytics on revenue balances and respond to auditor requests.

Skills

Revenue accounting

Close process

Journal entries

Analytics

Team guidance

Education

Bachelor’s degree in Accounting/Business

Tools

ERP systems

Excel

Job description

At F5, we strive to bring a better digital world to life. Our teams empower organizations across the globe to create, secure, and run applications that enhance how we experience our evolving digital world. We are passionate about cybersecurity, from protecting consumers from fraud to enabling companies to focus on innovation. Everything we do centers around people. That means we obsess over how to make the lives of our customers, and their customers, better. And it means we prioritize a diverse F5 community where each individual can thrive.

Mgr, Accounting in Seattle, WA

Job Duties

• Provide guidance on appropriate accounting for transactions affecting revenue to management, sales and other stakeholders.
• Participate in the accounting close process.
• Review revenue transactions and resolve discrepancies.
• Work with management to develop processes, procedures, and controls necessary to book transactions and controls necessary to book transactions.
• Respond to requests from foreign subsidiaries pertaining to revenue related matters.
• Evaluate customer contracts to identify potential revenue recognition impacts and work with stakeholders to mitigate risk.
• Assess requests regarding contract adjustment.
• Prepare standard and complex journal entries.
• Reconcile balance sheet and income statement accounts.
• Perform analytics on revenue and related balances.
• Pull data and respond to auditor requests.
• Provide guidance to accounting staff and interns.
• Review specific high risk transaction types.
• Oversee the team’s public cloud process with AWS, Azure, and Google Cloud services.
• Provide technical accounting analysis over the Company’s Term License Subscription methodology.

Work Arrangements

• Part-time telecommuting is an option.
• Hybrid work from F5 offices in Seattle, WA.

Minimum Requirements

• Bachelor’s degree, or foreign equivalent, in Business Administration, Accounting, or related discipline and 3 years of experience in the job offered or related occupation.

Special Skill Requirements

• (1) Manage the revenue accounting processes around revenue recognition and ensure compliance with accounting standards and regulations.
• (2) Oversee the implementation and maintenance of revenue recognition policies and procedures.
• (3) Ensure the accuracy and completeness of revenue data by reviewing and reconciling accounts, analyzing revenue trends, and identifying potential issues or discrepancies.
• (4) Manage the monthly close process for revenue-related accounts and prepare monthly revenue reports for management.
• (5) Assist with the development and implementation of internal controls related to revenue accounting.

Salary

$120,600 - $180,000 per annum.

Benefits

F5 offers competitive pay, 401k, and other benefits: https://www.f5.com/company/careers/benefits

You may also be offered incentive compensation, bonus, restricted stock units, and benefits.

More details about F5’s benefits can be found at the following link: https://www.f5.com/company/careers/benefits.

F5 reserves the right to change or terminate any benefit plan without notice.

Equal Employment Opportunity

It is the policy of F5 to provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, sensory, physical, or mental disability, marital status, veteran or military status, genetic information, or any other classification protected by applicable local, state, or federal laws. This policy applies to all aspects of employment, including, but not limited to, hiring, job assignment, compensation, promotion, benefits, training, discipline, and termination. F5 offers a variety of reasonable accommodations for candidates. Requesting an accommodation is completely voluntary. F5 will assess the need for accommodations in the application process separately from those that may be needed to perform the job.

Work Location

Hybrid: Employees within 30 commutable miles of an F5 office are required to work from the office a minimum of 30 business days per quarter.

Remote: Primarily work from designated home location but can come into an F5 office to work or travel to an offsite location as needed.

Together, we're building a better digital world. Founded in 1996, F5 is a global leader in application delivery and security. Our premier platform helps customers secure and deliver every app, API, and piece of infrastructure across all environments. Backed by over three decades of expertise and 553 patents, our solutions protect against threats while ensuring fast, reliable digital experiences. With over 6,400 employees, we serve more than 23,000 customers in over 170 countries. To continue this work, we need people like you—the best minds in the industry. We're committed to a unique, human-first culture that encourages authenticity, prioritizes diversity and inclusion, and foster the growth and success of our employees.