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Sr. Revenue Accounting Manager

Company: Druva
Location: Sunnyvale
Posted on: July 14, 2019

Job Description:

Druva is the global leader in Cloud Data Protection and Management, delivering the industrys first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligencedramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it.Druvas award-winning solutions intelligently collect data, and unify backup, disaster recovery, archival and governance capabilities onto a single, optimized data set. As the industrys fastest growing data protection provider, Druva is trusted by over 4,000 global organizations, and protects over 40 PB of data.Position SummaryThe Sr. Revenue Accounting Manager reports to the Senior Director of Revenue Operations. In this position, you will oversee and own the entire revenue close process. We are looking for folks that want to scale controls, improve processes, and leave a legacy while taking Druvas accounting function to the next level. If you thrive in a fast-paced, dynamic environment, and are ready for the adventure awaits you at Druva, then keep on reading! This role will work closely with cross functional teams to ensure timely and accurate recording and reporting of revenue. This role will have a dual focus on (1) upstream process efficiency within the quote to cash process and (2) streamlining our revenue recognition process under multiple elements as we integrate our existing systems to further automate and scale the business and implement new tools to manage complex revenue transactions. The ideal candidate has experience with multiple element arrangements, complex revenue transactions, can think strategically on a process level, and also execute in the detailsResponsibilities:

  • Analysis, manual calculation, documentation and maintenance of BESP and relative selling price allocation in accordance with ASC 606
  • Partner with Legal, Sales Operations and Finance, Billing, Professional Services, and FP&A to drive best practices in revenue
  • Research accounting guidance and prepare technical memos to document Companys position on various revenue transactions
  • Lead the implementation of the new revenue recognition standard at Druva
  • Manage revenue month-end close activities: prepare journal entries and reconciliations
  • Manage support for monthly close package and internal/external quarterly audit requests
  • Review sales arrangements to ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards
  • Assist in Sales Order quality control to ensure accuracy of order processing and to identify revenue risks
  • Develop and implement policies and procedures to increase efficiencies in the order to cash cycle and to strengthen the companys control environment
  • Developing and documenting public company-caliber controls and procedures to assist with narratives and risk control matrices
  • Ad hoc requests as needed.Qualifications:
    • 5+ years of revenue recognition experience, preferably with Big 4 Public Accounting and corporate experience, CPA preferred
    • Bachelor's degree in accounting or finance
    • Knowledge of revenue recognition US GAAP (ASC606)
    • Excellent presentation and communication skills are required to communicate technical accounting requirements to non-technical audience
    • Detailed-oriented with excellent analytical skills
    • Excellent computer skills with MS Office software, including Excel, Word, and PowerPoint
    • Strong financial systems background and Intacct or NetSuite experience is a plus
    • Experience with Software as a Service (SaaS)Druva is an equal opportunity workplace and employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you have a disability or special need that requires accommodation, please let us know.To all recruitment agencies: Druva does not accept agency resumes. Please do not forward resumes to our jobs alias, Druva employees or any other company location. Druva is not responsible for any fees related to unsolicited resumes.

Keywords: Druva, Sunnyvale , Sr. Revenue Accounting Manager, Accounting, Auditing , Sunnyvale, California

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