Revenue Accounting Manager at Canonical

Job Title: Revenue Accounting Manager – Software Industry, IFRS 15, NetSuite

Job Description

• We are hiring a Revenue Accounting Manager, ideally a candidate with a passion for systems accounting, to drive revenue recognition process, decisions, systems and reporting.
• In our finance function we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes and systems into alignment.
• We are looking for a professionally qualified accounting leader with expertise in IFRS 15/ASC 606 to build scalable contract review and revenue recognition processes.
• This lead will work across teams including product management, legal, FP&A, sales operations and commercial business systems to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a very high level of automation.
• Perhaps unusually we prefer a leader with deep personal interest in the software and technology industry, and ideally some data analytics and software engineering experience.
• The Revenue Accounting Manager will ensure the proper application of revenue accounting guidance for public market scrutiny. Ideally they will also be familiar with Systems Accounting and able to work effectively with technical teams and software engineers.
• This is a management position which requires confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency and speed of reporting as a global tech company.
• Location: This role is home-based in EMEA time zones, with the option to be based in our London office. It will report to our Global Head of Accounting.

Key Responsibilities

• Collaborate with Product Management, Sales Operations, Sales, Legal, and FP&A teams to design standard contracts
• Drive process and configuration improvements in NetSuite and related systems for end-to-end automation of the revenue life cycle
• Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy
• Review and evaluate the revenue recognition impact of non-standard contracts and new products
• Lead, mentor and develop a team of revenue accounting and systems accounting professionals
• Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
• Develop and maintain effective internal over revenue transactions and reporting
• Research and write accounting memos on significant revenue recognition and other policy matters
• Act as the primary liaison with external auditors in matters related to order-to-cash.

Requirements

Valued skills and experience:

• An Undergraduate Degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
• An exceptional academic track record from both high school and university
• CPA, CA or equivalent with excellent technical accounting skills and IFRS experience
• A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
• Leadership or management responsibility
• A track record of going above-and-beyond expectations
• Experience of software licensing, subscription and services revenue accounting and operations
• Experience driving revenue recognition and scaling accounting processes in a high-growth environment
• Experience with ERP, Rev Rec, CRM, CPQ and other relevant software categories – NetSuite and Salesforce preferred
• Experience in a multi-country multi-currency, operations and tax environment
• Professional written and spoken English
• Excellent interpersonal skills, curiosity, flexibility, and accountability
• Thoughtfulness and self-motivation
• Result-oriented, with a personal drive to meet commitments
• Ability to travel twice a year, for company events up to two weeks long

Additional, optional skills we value:

• Public company reporting and revenue accounting experience
• Software implementation, integration and user acceptance
• Software engineering qualification or experience
• A passion for technology and a desire to work with motivated colleagues
• MBA or other relevant business degree

Benefits

What We Offer Colleagues

• We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognize outstanding performance.
• In addition to base pay, we offer a performance-driven annual bonus or commission. We provide all team members with additional benefits which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.
• Distributed work environment with twice-yearly team sprints in person
• Personal learning and development budget of USD 2,000 per year
• Annual compensation review
• Recognition rewards
• Annual holiday leave
• Maternity and paternity leave
• Team Member Assistance Program & Wellness Platform
• Opportunity to travel to new locations to meet colleagues
• Priority Pass and travel upgrades for long-haul company events.

Application Closing Date

Not Specified.

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