What are the responsibilities and job description for the Revenue Accounting Manager position at Cypress HCM?
Job Description
Job Description
Revenue Accounting Manager
We strive to hire the best and brightest people, who excel in a cutting-edge, fast-paced, collaborative, and transparent environments. We are seeking enthusiastic individuals to solve real-world problems while making work an enjoyable experience. The Manager of Revenue Accounting will be a key member of the Revenue Accounting team and will report to the Senior Manager of Revenue. As a top candidate, you should have a desire to learn and analyze complex revenue transactions and go-to market strategies using your understanding of Hardware, Software and SaaS revenue recognition (ASC 606). This role will be part of the Revenue Team leadership responsible for developing and growing a world class team as the company continues to grow.
Responsibilities :
- Ensure revenue recognition in company financials is in accordance with US GAAP / ASC 606
- Execute monthly / quarterly revenue accounting close efforts, including revenue allocation calculations, journal entry preparation, reconciliation procedures, RPO preparation, SSP calculation, controls, and the preparation and review of auditable workpapers.
- Collaborate on quarterly reporting, providing slides for CAO / CFO readouts on quarterly results.
- Monitor daily revenue transactions and approve non-standard requests, including assessment of payment terms, return rights, and similar conditions.
- Contribute to ad-hoc projects and cross-functional initiatives as needed.
- Daily monitoring and reviews of revenue transactions and approvals of non-standard requests.
- You will provide technical revenue recognition guidance in accordance with our existing revenue policy, ASC 606 and in accordance to U.S. GAAP in order to properly recognize revenue.
- Partner with the Deal Desk team to provide revenue recognition guidance during contract negotiations.
- Review and assist with contract revenue write-up process and partner with our external auditors to ensure the accuracy of our revenue is maintained.
- Perform technical guidance (ASC 606) research and provide solutions / options to new and complex issues.
- As specific revenue matters develop prepare technical revenue memos and work with our external auditors to ensure they are discussed and signed off in a timely manner.
- Help lead and manage ad-hoc projects providing recurring status updates on progress, gaps, roadmaps and estimated closure.
- Exceptional problem solver – uses rigorous logic and methods to solve problems and is excellent at honest analysis. Doesn’t stop at first answers rather he / she will strive to seek the correct answer.
- Extensive experience and ability to utilize excel – the majority of our final accounting is handled in excel
- Strong business acumen – can identify risk and opportunity.
- An efficient multi-tasker – can marshal resources and orchestrate multiple activities at once to accomplish their goal.
Qualifications :
Compensation : $66 - $88 per hour
ID# : 1387434
Salary : $66 - $88
