Jobs · Finance · California

Senior Manager Revenue Accounting

Coherent Corp. · Santa Clara, CA · 4 wk ago
HybridFinanceFull-time

Primary Duties & Responsibilities

  • Partners with cross-functional and cross-regional leadership teams to evaluate complex revenue streams, profitability drivers, and margin performance.
  • Provides strategic insights that influence business decisions and operational outcomes.
  • Leads the evaluation, interpretation, and resolution of complex revenue arrangements, including revenue recognition, cost recognition, and intercompany transactions.
  • Develops, maintains, and ensures compliance with detailed revenue models, including forecasting revenue recognition, milestone timing, and margin impacts based on contract terms and ASC 606 treatment.
  • Supports audit activities by preparing documentation and responding to internal and external auditor inquiries.

Customer and Supplier Contract Review

  • Strategically partners with Sales, Legal, Operations, and Finance leadership to review and negotiate complex customer and supplier contract terms.
  • Evaluates and models the financial and accounting implications of complex contract terms, including pricing structures, milestones, deliverables, and cost commitments.
  • Ensures alignment with revenue recognition requirements, operational objectives, and broader business strategy.

Revenue Recognition & Technical Accounting

  • Reviews, interprets, and evaluates complex customer contracts and purchase orders to determine appropriate revenue recognition treatment in accordance with ASC 606.
  • Drives complex cost-to-cost and Stand-Alone Selling Price (SSP) analyses to ensure accuracy, compliance with revenue recognition requirements, and alignment with strategic business and financial objectives.
  • Prepares revenue recognition position memos, working closely with Technical Accounting on non-standard transactions.

Education & Experience

Bachelor’s degree in accounting, Finance or related field; CPA strongly preferred.

10+ years of progressive experience in revenue accounting with deep expertise in ASC 606, including leadership in evaluating and managing highly complex revenue arrangements, NRE/development contracts, and global business transactions.

Strong revenue accounting skills, including experience with position papers and advising on non-standard contract structures.

Experience reviewing and influencing customer and supplier contracts, with the ability to assess accounting implications and structure compliant deals.

Proven ability to partner cross-functionally and cross-regionally across management levels.

Experience with revenue modeling, particularly for milestone-based or development arrangements.

Solid understanding of audit requirements and internal controls.

Strong communication skills with the ability to convey complex accounting matters to senior stakeholders.

Experience with Oracle ERP system preferred.

Skills

  • Demonstrated ability to lead and influence cross-functional and global stakeholders, providing strategic accounting guidance that aligns business objectives with compliant financial reporting practices.
  • Advanced analytical and financial modeling skills with experience evaluating contract profitability, margin impacts, cost commitments, milestone structures, and revenue/cost timing implications.
  • Strong leadership, communication, and executive presentation skills with the ability to translate complex technical accounting concepts into clear business recommendations for senior leadership and cross-functional teams.

About Us

Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets.

We provide a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program.

This is an exciting opportunity to work for a company that offers stability, longevity and growth.

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