[Hiring] Revenue Accounting Manager REMOTE

­­­Position: Revenue Accounting Manager

Date posted: 2024-12-25

Industry: other

Employment type: Full Time

Experience: 2 to 5 year               

Qualification: Bachelor’s Degree holder

Location: United States, REMOTE

Company: Gurobi Optimization

Description:

Revenue Accounting Manager (USA Remote)

United States

About the job

At Gurobi Optimization, we’re on a mission!

A mission that focuses on mathematical optimization. We empower our customers to expand their use of mathematical optimization technology in order to make smarter decisions and solve some of the world’s toughest and most impactful business problems. We’re looking for passionate, dedicated, innovative game-changers to join our team and drive the future of Gurobi.

As the Revenue Accounting Manager at Gurobi Optimization, you will play a key role in managing and ensuring the accuracy of revenue recognition in compliance with applicable accounting standards (e.g., ASC 606). This role will involve working closely with sales, billing, and finance teams to monitor revenue streams, analyze contracts, and support month-end and quarter-end close processes. Additionally, this position will lead the Accounts Receivable Accounting team, providing guidance, mentorship, and oversight to ensure accurate and timely billing, credit assessment, collection, and cash application processes. The ideal candidate will possess strong technical accounting skills, leadership abilities, continuous improvement mindset, and a commitment to fostering a high-performing team.

What will you be doing?

• Analyze customer contracts, including amendments/modifications, and ensure proper revenue recognition in compliance with ASC 606 and company policies.
• Monitor deferred revenue and contract asset balances and prepare schedules to track contract fulfillment and revenue realization.
• Evaluate credit losses associated with Contract Assets.
• Collaborate with the billing team to ensure invoices are accurate and aligned with contract terms.
• Assist in identifying and implementing process improvements to streamline revenue recognition workflows.
• Prepare revenue-related journal entries, reconciliations, and schedules during close cycles and lead the preparation of weekly and monthly revenue flash reporting to investors.
• Analyze revenue and AR accounts to ensure completeness, accuracy, and timely reporting.
• Provide leadership in the implementation of NetSuite’s Advanced Revenue Module and other system solutions to create a more efficient revenue process
• Support the preparation of revenue variance analyses to explain trend and fluctuations.
• Lead, mentor and develop the accounts receivable team, ensuring team goals align with department and company objectives.
• Oversee the end-to-end AR process, including credit, billing, collections, and cash applications, to maintain accuracy and timeliness.
• Provide regular feedback, coaching, and professional development opportunities for team members.
• Generate revenue and deferred revenue reports for management and stakeholders.
• Assist in preparing schedules for audits, providing documentation to external auditors as required.
• Collaborate with FP&A on revenue and cash flow forecasts.
• Collaborate with sales team to facilitate change order forms
• Maintain compliance with internal controls, accounting policies, and procedures.
• Execute effective controls over contract reviews of non-standard contracts, including contract modifications, and collaborate with Global Controller.
• Collaborate with other finance team members on special projects and process improvements.

What experience and qualifications should you have?

• Bachelor’s degree in Accounting, Finance, or related field. CPA or progress toward CPA certification is a plus.
• 2-5 years accounting experience, with a focus on revenue recognition.
• Strong MS Excel skills in managing and formatting large amounts of data.
• Proficiency in using NetSuite or a comparable Enterprise Resource Planning (ERP) system.
• Familiarity with Salesforce or a comparable Customer Relationship Management (CRM) system.
• Familiarity and experience working with data in PowerBI.

What skills and abilities should you have?

• Experience in SaaS, software, or subscription-based revenue accounting is strongly preferred.
• Strong understanding of GAAP, especially ASC 606 revenue recognition principles.
• Experience with revenue management tools is a plus.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Effective communication and collaboration skills across departments.
• Ability to manage multiple tasks and meet tight deadlines in a fast-paced environment.
• Demonstrating a growth mindset in the development and implementation of key financial analysis and reporting processes.
• Comfort working collaboratively and individually in a remote setting, accommodating different time zones.

Your Alignment with our Gurobi Core Values:

• Customer Focus: Verbal & written communication skills that bring clarity and build trust.
• Power of the Team: Motivated with a team-oriented mindset that aims to both inspire and be inspired by others.
• Innovation: The courage to bring ideas forward and see yourself as an integral part of our global team.
• Dedication: Organized and agile, focusing on meeting professional objectives while promoting a healthy work/life balance.
• Integrity: Promise to uphold honesty as your compass and conduct all business practices ethically while promoting fiscal responsibility.