Director, Revenue Accounting

Databricks • Silicon Valley CA

Company

Databricks

Location

Silicon Valley CA

Type

Full Time

Job Description

 

Mission:

Databricks is seeking a passionate leader with in-depth SAAS knowledge and a strong customer-centric mindset to lead our global revenue recognition accounting function. This high visibility position, reporting to our Senior Director, Order to Cash and Revenue, will play a pivotal role in supporting Databricks’ strong growth and driving a scalable and efficient operation. This position will be responsible for our revenue accounting and reporting, as well as providing technical revenue accounting guidance in accordance with U.S. GAAP and Company policies. The ideal candidate will be a self-starter, a great communicator who thrives in a dynamic fast-paced environment and will take ownership of the month-end, quarterly and year-end close process, revenue related financial reporting and analytics, as well building and maintaining an effective internal control environment.  This is an excellent opportunity to play a key leadership role in a high growth organization building and scaling the revenue recognition function, business transformation, automation, process improvement, supporting infrastructure and developing a best-in-class team.

 

 The impact that you will have:

  • Mentor, train and develop a best in class Revenue Accounting team to ensure the Company’s revenue recognition accounting results are accurate and in compliance with ASC 606, US GAAP, and our internal accounting policies
  • Lead the global month-end and quarter-end revenue close and reporting process, including the review of key controls, reconciliations and manage all order to cash/revenue related audit requirements
  • Maintain a continuous improvement mindset for process efficiency and partner with business stakeholders, Revenue Transformation, and IT to facilitate automation and efficiency
  • Partner with Order-to-Cash cross functional teams (Revenue Operations, Sales, Legal, Deal Desk, Sales Ops, FP&A and AR) to ensure all fully executed agreements are properly booked and recognized in our systems to ensure accuracy in quarterly reporting & metrics
  • Participate in the development of internal controls and SOX adoption efforts, and ensure Sarbanes-Oxley requirements are met for relevant areas
  • Act as a subject matter expert in accounting for usage-based SaaS contracts, related support, professional services and education
  • Provide analysis and support for general financial operations, forecasting, as well as other special projects to support key internal initiatives and reporting deliverables 
  • Collaborate with senior leadership on all revenue recognition matters, present revenue recognition topics on occasion to Executive Leadership and the Audit Committee

 

What we look for:

  • 10 years of progressively responsible experience at either a Big 4 public accounting firm or a global, publicly traded high-tech organization with a minimum of 5 years in a revenue role
  • Minimum of 4 years in a leadership/management position in a revenue accounting organization with a demonstrated ability and track record of success in driving change and improving operations
  • Bachelor's Degree in Business, Accounting or Finance required. CPA or equivalent business experience is required
  • Strong understanding and demonstrated experience in proper revenue accounting processes under current revenue recognition for enterprise software and SAAS arrangements (“ASC 606”) and US GAAP
  • Experience with Salesforce and subscription billing platforms is strongly preferred Experience with system implementations or significant enhancements a plus
  • Demonstrated ability to interact with and influence management and contributors at all levels of the organization and across functions
  • A proven leader in training and developing high-performing teams; a proactive leader and effective coach committed to the development and engagement of their team
  • Ability to respond to, prioritize effectively and meet deadlines while maintaining the highest of standards for completeness and accuracy
  • Strong technical, analytical and problem resolution skills, including the ability to research accounting literature and simplify complex situations
  • Ability to effectively operate in a fast-paced environment with ability to adapt to change
  • Usage-based SaaS contract experience a strong plus

 


 

Benefits

  • Comprehensive health coverage including medical, dental, and vision
  • 401(k) Plan

  • Equity awards

  • Flexible time off

  • Paid parental leave

  • Family Planning

  • Gym reimbursement

  • Annual personal development fund

  • Employee Assistance Program (EAP)

  • Mental wellness resources

 

Want to help speed the development of medical breakthroughs? Make the next mode of transportation a reality? Or discover ways to reverse climate change? We're on a mission to help data teams solve the world's toughest problems. The opportunity is huge and Databricks has emerged as a leader. Thousands of enterprises — including Comcast, Virgin Hyperloop and H&M — already rely on us to power their businesses and we're just getting started. Now it's your turn - join us to grow your career and make an impact with some of the brightest minds in the industry.

 

About Databricks

Databricks is the data and AI company. More than 7,000 organizations worldwide — including Comcast, Condé Nast, H&M, and over 40% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Apache Spark™, Delta Lake and MLflow, Databricks is on a mission to help data teams solve the world’s toughest problems. To learn more, follow Databricks on Twitter, LinkedIn and Facebook.

Our Commitment to Diversity and Inclusion

At Databricks, we are committed to fostering a diverse and inclusive culture where everyone can excel. We take great care to ensure that our hiring practices are inclusive and meet equal employment opportunity standards. Individuals looking for employment at Databricks are considered without regard to age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other protected characteristics.

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Date Posted

09/01/2022

Views

6

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