Revenue Recognition Manager (Hybrid, Boston/Burlington, MA area)
Job Description
Are you ready to work on world-changing technologies? Today, organizations need to move with increased agility and insight to grow and thrive. Boomi is one of the hottest tech companies in the SaaS/Cloud industry, named a leader for eight years in a row in the Gartner Enterprise iPaaS Magic Quadrant, and recently recognized by Inc. Magazine as one of the best workplaces. Our award-winning, patented technology is transforming the world of integration by making enterprise-class integration technology accessible and affordable to companies of all sizes.
Boomi provides the foundation on which businesses can evolve and innovate. We help organizations connect everything and engage everywhere across any channel, device, or platform. More than 18,000 organizations are using Boomi to run better, faster, and smarter.
Working at Boomi means doing what you love. We hire trailblazers with an entrepreneurial spirit who can solve challenging problems, make a real impact in technology, and want to build something big. If you are passionate about solving hard problems, enjoy working with world-class people, and developing cutting-edge technology, we want to talk to you.
Company Overview
Founded in 2000, Boomi provides an integration platform as a service (iPaaS), which enables the connection of applications and data sources and provides a number of services featured for cloud integration. Customers across a multitude of industries world-wide use Boomi's market leading platform to increase revenue, reduce IT spend, elevate customer, partner, and employee satisfaction, and drive efficiency across their ecosystems.
For more information, visit https://boomi.com/
Francisco Partners has more than $25 billion in assets under management, focused exclusively on investments in technology and technology-enabled services businesses. www.franciscopartners.com
TPG Capital is a global alternative asset firm founded in 1992 with more than $84 billion of assets under management. www.tpg.com
Why join Boomi?
This is a unique and compelling opportunity to join a carve-out, pre-IPO organization within a high-growth industry.
You will be empowered and see the direct impact of his/her work.
Boomi will continue to grow, providing extensive opportunities for career expansion.
Francisco Partners and TPG Capital are world class, global private equity firms.
Job Summary:
Are you looking to join a rapidly expanding global company? Do you want the opportunity to fast track your career within the tech space and grow your skills in revenue accounting? This position is responsible for ensuring the accurate recording of all revenue transactions related to customer contract transactions in accordance with US GAAP. This person will have an extensive US GAAP technical revenue accounting background in a multi-element environment and have a proven ability to foster proactive working relationships with cross-functional teams.
Responsibilities
- SaaS and PS revenue recognition in accordance with US GAAP
- Ensure revenue accounting policies are documented and applied consistently
- Review sales orders for revenue impacts and combinations or modifications of previous sales orders as necessary
- Oversee revenue accounting process and implement policies/procedures to help the business scale
- Review monthly updates surrounding revenue recognition and any related actions
- Work cross-functionally and within the revenue team, creating a positive working environment, and investing in other to help them grow
- Support stand-alone selling price analysis
- Draft financial statement disclosures and reporting
- Manage controls compliance for revenue related items
- Work with external auditors to review accounting assessments and to manage quarterly reviews and annual audits
- Participate in special projects as required
Requirements
- B.S. or above degree in Accounting, CPA required
- 4-7 years of progressive experience - preferably a mix of Big 4 accounting firm experience (preferably at the Senior
- Associate or Manager level) and public companies with multiple, complex revenue streams in a software environment
- Extensive knowledge of ASC 606, especially under multiple performance obligations and software/SaaS revenue recognition
- Ability to conduct technical accounting research and document findings
- Excellent verbal, written, and listening skills as well as ability to effectively use accounting knowledge to collaborate, guide and interact professionally with a wide range of personnel at various levels within the organization to drive sound business decisions
- Ability to effectively present information with confidence and accuracy to various levels of internal management and external auditors
- Strong multi-tasking skills and ability to adapt to change
- Exceptional organizational skills, project management experience to include management of large-scale/global initiatives
- Ability to train and develop employees
- Strong knowledge of SOX requirements, including the ability to assess, develop and implement internal controls related to revenue and deferred revenue
Boomi is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind
Boomi is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Boomi are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.
Boomi will not tolerate discrimination or harassment based on any of these characteristics. Boomi encourages applicants of all ages
At Boomi we show up for each other with empathy, compassion, and purpose because, at Boomi, we win as one--that's why we strive to integrate more diverse voices for a stronger and smarter team.
Boomi is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Boomi are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Boomi will not tolerate discrimination or harassment based on any of these characteristics. Boomi encourages applicants of all ages.
Boomi is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind.
Date Posted
10/12/2022
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7
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