Manager, Revenue Recognition

About the role

The Manager, Revenue Accounting, will oversee and optimize the company’s revenue recognition processes for Health and Life businesses, ensuring adherence to ASC 606 standards and fostering alignment between financial reporting and business operations.

Responsibilities

• Oversee all aspects related to LTV calculations ensuring alignment with regulatory guidelines and corporate policies.
• Partner with the other teams to incorporate LTV insights into forecasting and management reporting, driving alignment between finance and business operations.
• Lead monthly close processes including the oversight and preparation of journal entries, MD&A, and collaboration with the broader team to complete month-end close activities and accurate reporting of key revenue data.
• Utilize analytics to identify anomalies in data, trends, variances between actuals and estimates, or sensitivity analysis.
• Work with cross-functional teams to identify, allocate, and report costs associated with production that are required as part of the net revenue presentation.
• Ensure adherence to internal controls over financial reporting (ICFR) related to revenue accounting.
• Prepare financial statement disclosures and schedules related to revenue.
• Prepare and maintain relevant policies, process narratives, and memorandums related to revenue.
• Serve as the primary point of contact for external auditors during financial statement audits related to revenue recognition and SOX compliance.
• Provide leadership, coaching, and development for the Revenue team.
• Provide thought leadership on revenue processes, policies, and procedures that leverage technology, maximize efficiency, and provide scalability to support company growth.
• Establish and monitor key performance indicators (KPIs) to assess the effectiveness of revenue accounting processes and drive continuous improvements.

Qualifications

• 5-7 years of related accounting experience, public company accounting experience is a plus
• Bachelor’s degree in accounting, finance, or related field and active CPA or CA
• Strong attention to detail and accuracy that is results-oriented with a “can do” attitude and willingness to drive process change within the team, taking on additional responsibilities as needed
• Excellent understanding of internal controls and experience with risk assessment and mitigation
• Proactive in identifying process improvements and take initiative to diagnose and remediate potential issues
• Strong verbal and written communication skills, the ability to deal with complex problems and present recommendations and findings in a clear, concise format
• A quick and adept learner who adapts well to a fast-moving environment
• Desire to develop an understanding of the business as it relates to revenue generation
• Experience in working with ERP systems (NetSuite, SAP, Oracle, etc.)
• Experience leading, mentoring, and developing high-performing teams
• Excellent communication skills, both written and verbal, with the ability to present complex information clearly to stakeholders of all levels, including executives
• Ability to research complex accounting matters
• Flexible to meet changing priorities and the ability to prioritize workload to achieve on-time accurate results