Revenue Accounting Manager

Summary

Join Gurobi Optimization as the Revenue Accounting Manager and play a key role in managing and ensuring the accuracy of revenue recognition. You will work closely with various teams, monitor revenue streams, analyze contracts, and support financial close processes. This position also involves leading the Accounts Receivable Accounting team, providing guidance and mentorship. The ideal candidate will possess strong technical accounting skills, leadership abilities, and a commitment to fostering a high-performing team. You will be responsible for analyzing customer contracts, monitoring deferred revenue, collaborating with other teams, and implementing process improvements. This role requires strong technical accounting skills, leadership abilities, and a commitment to fostering a high-performing team.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field
• 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

Responsibilities

• 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

Preferred Qualifications

• 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
• CPA or progress toward CPA certification 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