Sr Manager / Director, Revenue Accounting
Job Description
RingCentral is a $2B company, a global leader in cloud communications and collaboration software. We are fundamentally changing human interaction-enabling people to connect powerfully and personally from anywhere, at any time, on any device.
We are looking for a skilled and professional for the Senior Manager of Revenue Accounting or Director role. Reporting to the Head of Revenue in Belmont, CA, this position has a critical and highly visible role in the process design, implementation, documentation, and accurate recording of revenue. The Senior Revenue Manager/Director has ownership of all accounting aspects of revenue recognition and must understand, analyze, and communicate financial impacts to revenue throughout the organization.
Top 3 Skills:
- Hands on experience in working remotely with cross functional teams (Sales, Legal, Operations, deal desk etc.) in reviewing the revenue deal structure and coordination with Revenue team in head office
- Strong understanding of end to end process (including design, implementation or testing) of Order to cash process at mid/large size public Company
- Experience in handling large volume of data and applying data analytics as part of close process or in public accounting
Responsibilities:
- Globally partner and collaborate with cross-functional teams in Sales, Legal, and Business Development to review and evaluate the impact of draft contracts for revenue recognition
- Provide technical accounting guidance and support to onsite team in performing recurring revenue close tasks to drive operational efficiency
- Manage a team of 4-6 or more of Revenue Managers and/or analysts.
- Evaluate customer contracts to ensure that revenue is recognized accurately in accordance with accounting rules
- Work with the FP&A team to provide revenue assurance in the pricing models and new product introductions
- Provide technical accounting assistance with special projects
- Be actively involved in the design and implementation of new revenue accounting requirements under ASC606
- Participate in developing and maintaining strong internal controls, ensuring quality controls over revenue transactions and reporting.
- Recommend changes to reports and processes to improve productivity and accuracy
- Manage month-end and quarter-end revenue close, including reconciliations and related fluctuation analysis and other reporting requirements
- Help prepare data and other support information requests as needed for audits and reviews conducted by external auditors
Qualifications & Skills:
- Bachelor's degree in Accounting
- Experience with Big 4 accounting firms and CPA preferred
- 7+ years of experience in a public company environment
- Experience in reviewing and analyzing License, SaaS, OEM, and Professional Services contracts to identify revenue-related issues for resolution and proper accounting treatment
- Knowledge and hands on experience working with GAAP multi-element revenue recognition accounting standards including ASC 605-25, SAB 104, ASU 2009-13 and ASU 2009-14
- Working knowledge of the new revenue recognition guidance under ASC606ERP System Implementation experience (a plus)
- Experience with SFDC and NetSuite (a plus)
- Demonstrated success with process improvement initiatives
- A solutions-oriented team player who enjoys a dynamic work environment
- Strong organizational skills and ability to meet tight deadlines
- Strong interpersonal skills
- Ability to communicate clearly and concisely both verbally and in writing
- Strong analytical, written and verbal communication skills, with a sharp focus on details
- Ability to communicate complex information in a clear and concise manner
In California, the compensation range for full-time employees for this position is between $138,000 and $195,000 in base salary in addition to eligibility for variable pay and benefits. The salary may vary depending on your location, skills, and experience.
RingCentral's work culture is the backbone of our success. And don't just take our word for it: we are recognized as a Best Place to Work by Glassdoor, the Top Work Culture by Comparably and hold local BPTW awards in every major location. Bottom line: We are committed to hiring and retaining great people because we know you power our success. RingCentral offers on-site, remote and hybrid work options optimized for the ways we work and live now.
What we offer:
- Comprehensive medical, dental, vision, disability, life insurance
- Health Savings Account (HSA), Flexible Spending Account (FSAs) and Commuter Benefits
- 401K match and ESPP
- Flexible PTO
- Wellness programs including 1:1 wellness coaching through TaskHuman and meditation guidance through Headspace
- Paid parental leave and new parent gift boxes
- Pet insurance
- Employee Assistance Program (EAP) with counseling sessions available 24/7
- Rocket Lawyer services that provide legal advice, document creation and estate planning
- Employee bonus referral program
About RingCentral
RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™ (MVP™) global platform. More flexible and cost effective than legacy on-premises PBX and video conferencing systems that it replaces, RingCentral® empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral is headquartered in Belmont, California, and has offices around the world.
RingCentral is an equal opportunity employer that truly values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Disclaimer - To all recruitment agencies: RingCentral does not accept agency resumes. Please do not forward resumes to our jobs or company aliases, RingCentral employees, or any other company contacts and locations. RingCentral is not responsible for any fees related to unsolicited resumes.
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Date Posted
10/23/2023
Views
7
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