Director of Revenue Accounting
Job Description
Location:PA, Exton or Remote work available for qualified candidates on the East Coast, USA
Position Summary:
Bentley Systems is looking for a Director of Revenue Accounting to lead the company's global revenue recognition and reporting function. This opportunity is the result of internal advancement for the incumbent. Reporting to the VP, Finance, the position is responsible for maintaining documentation and oversight of the application of Company accounting policies in accordance with US GAAP and SEC rules and regulation on a global basis. This is a high-profile position with directly visibility to the CFO and other members of the executive management team.
Your Key Responsibilities:
- Global process owner for revenue accounting and analysis function. Lead a growing team currently consisting of five colleagues.
- Responsible for overseeing and managing various month-end/quarter-end close activities, including but not limited to RevPro administration, journal entry review, account reconciliations, disclosures, and ad hoc analysis.
- Develop strong business partnerships with sales, legal and other teams to ensure compliance with accounting policies, answer questions and be an enabler to business growth
- Assist our Portfolio Development and acquisition team to review the revenue recognition policies of target companies.
- Hold responsibility for the company's overall compliance with ASC 606, Revenue from Contracts with Customers, and oversee the review of sales contracts to ensure proper revenue recognition in accordance with company policy and accounting standards.
- Prepare and/or review technical accounting positions on new complex arrangements.
- Oversee quarterly analysis of revenue performance and key metrics as disclosed in the MD&A section of the Company's SEC filings.
- Drive worldwide fair value policy and responsible for managing worldwide SSP analysis and compliance.
- Consult with and advise senior leadership, product, and operations counterparts on revenue recognition and the impact on new and existing business models.
- Oversee all aspects of the external audit relative to contract reviews and revenue recognition (accounting/controls), globally.
- Liaise with external auditors to evaluate new arrangements and technical accounting issues.
- Ensure compliance with internal controls for revenue processes
- Work with stakeholders and build a deep understanding of the QTC and revenue recognition process to further streamline processes, implement new, or changes to, commercial offerings, and assist in acquisition integration.
- Coordinate between functions to identify and facilitate data analytics, visual dashboards, and reports for key business initiatives, new strategies, or KPIs
What You Bring to The Team:
- Bachelor's degree and CPA required with a strong technical knowledge of US GAAP, specifically software revenue recognition (ASC 606)
- 10+ years of progressive accounting or finance experience including Big 4 and public company experience.
- Experience working for or serving companies in the software or technology industry.
- RevPro and SAP ERP knowledge preferred.
- Excellent analytical and interpersonal skills
- Strong communication and influencing skills. Ability to build relationships.
- Highly productive and dependable team player
- Proven ability to work well in a fast-paced, deadline-oriented environment
- Commitment to process improvement and the ability to think "out-of-the-box"
- Requires sitting or standing at will while performing work on a computer (or any other physical requirements). The role requires communication with managers, peers, and other colleagues of the company in person, and by utilizing Microsoft Teams chat, calling and meeting functions.
- This role does not require travel.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world's infrastructure - sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent's leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
www.bentley.com
Equal Opportunity Employer
Bentley is an equal opportunity employer and considers all qualified applicants for employment without regard to race, color, sex, sexual orientation, gender identity, disability, protected veteran status, religion, national origin, age, or any other protected characteristic. This commitment extends to all aspects of employment, including, but not limited to, hiring, placement, promotion, compensation, and training. EEO is the Law and EEO is the Law Supplement documents provide additional information about your rights as an applicant under the law.
Bentley Policy on EEO, Affirmative Action and Pay Transparency Non-Discrimination
Bentley participates in e-Verify / Bentley participate in e-Verify / Right to Work Notice
Request an Accommodation
As an Equal Opportunity Employer, Bentley is committed to providing reasonable accommodations to applicants with disabilities. We encourage you to request a reasonable accommodation if you are not able to fully use or access our online application system. You can make an accommodation request by calling 610-458-5000 or sending us an email at [email protected]
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Date Posted
02/04/2023
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5
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