Revenue Recognition Manager - Hybrid Seattle

F5; Seattle (WA); Hybrid; USD 121,000 - 180,000; Full time

Job summary

F5, Inc. seeks a Mgr, Accounting in Seattle, WA to lead revenue accounting processes, guide close activities, and ensure controls around revenue recognition. The role collaborates with management, sales, and international subsidiaries to review transactions and mitigate risks.

It offers a hybrid work model with part-time telecommuting option and in-office work from Seattle. Responsibilities include preparing journal entries, reconciling accounts, analyzing revenue trends, and supporting

Qualifications

• Bachelor’s degree, or foreign equivalent, in Business Administration, Accounting, or related discipline and 3 years of experience.
• Manage the revenue accounting processes around revenue recognition and ensure compliance with accounting standards and regulations.
• Oversee the implementation and maintenance of revenue recognition policies and procedures.
• Ensure the accuracy and completeness of revenue data by reviewing and reconciling accounts, analyzing revenue trends, and identifying potential issues or discrepancies.
• Manage the monthly close process for revenue-related accounts and prepare monthly revenue reports for management.

Responsibilities

• 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.

Skills

Revenue accounting

Revenue recognition

Internal controls

Monthly close

Audit support

Education

Bachelor’s degree in Accounting or related field

Job description

F5, Inc. seeks a Mgr, Accounting in Seattle, WA to lead revenue accounting processes, guide close activities, and ensure controls around revenue recognition. The role collaborates with management, sales, and international subsidiaries to review transactions and mitigate risks.

It offers a hybrid work model with part-time telecommuting option and in-office work from Seattle. Responsibilities include preparing journal entries, reconciling accounts, analyzing revenue trends, and supporting