The Technical Accounting Manager, Revenue Recognition Specialist, is a highly skilled and strategic leader responsible for the interpretation, documentation, and application of complex global revenue recognition standards (primarily
ASC 606 and
IFRS 15). This role ensures strict compliance in all revenue streams, manages technical accounting aspects of client engagements or internal reporting, leads the preparation of comprehensive technical memorandums, and drives the standardization of revenue processes and systems.
Responsibilities
I. Expert Revenue Recognition and Technical Accounting
- Revenue Recognition Mastery: Act as the firm's subject matter expert on ASC 606 (Revenue from Contracts with Customers) and IFRS 15, leading the evaluation of complex, non-routine contracts and transactions to determine the proper accounting treatment.
- Guide clients or internal teams through the full revenue recognition cycle: identifying distinct performance obligations, determining transaction price, allocating price, and establishing the proper timing and amount of revenue recognition.
- Technical Documentation: Conduct thorough accounting research on new and complex transactions and newly issued authoritative guidance (FASB, IFRS, SEC). Prepare and review detailed, well-supported technical accounting memorandums and position papers for review by senior management, auditors, and clients.
- Advisory and Compliance: Provide expert technical accounting guidance and advisory services to internal teams (e.g., Sales, Legal, Operations) to ensure optimal structuring of contracts to avoid post-execution revenue recognition issues.
- SEC Reporting & Financial Statements: Oversee and/or assist in the preparation and review of technical components of SEC filings (e.g., 10-Q and 10-K) and related disclosures, ensuring compliance with U.S. GAAP and IFRS.
II. Process Optimization and Systems Management
- Process Improvement: Drive the continuous improvement and automation of global revenue accounting processes and procedures, identifying areas to streamline and refine for scalability and efficiency.
- System Integration: Practical experience in utilizing and integrating accounting systems (e.g., NetSuite ARM) and electronic contract management systems (e.g., SalesForce/Appttus) for complex financial data and automated revenue recognition.
- Workflow Leadership: Work closely with the IT and Operations teams to ensure the accuracy of data inputs into financial systems and the maintenance of essential revenue schedules (e.g., deferred revenue waterfall, remaining performance obligation).
III. Leadership, Team Management, and Collaboration
- Team Leadership: Lead, manage, mentor, and coach technical accounting staff and supervisors on complex accounting matters and professional growth, including delegation of assignments.
- Cross-Functional Partnership: Collaborate with executive management and cross-functional teams to foster alignment and provide strategic financial insights that support business decisions and growth.
- Training and Development: Develop and deliver training materials on complex technical accounting topics, particularly revenue recognition standards, to finance and non-finance teams across the organization.
- Audit Management: Act as the primary liaison and coordinate with external auditors regarding complex technical and revenue-related inquiries, ensuring timely delivery of audit-ready workbooks and supporting documentation.
Qualifications
Required Skills and Experience
- Education: Bachelor's degree in Accountancy, Finance, or a related field.
- Experience: Minimum of 5-7 years of progressive accounting experience with a strong focus on technical accounting, particularly revenue recognition, including at least 1 year of managerial experience.
- Technical Expertise: Expert knowledge and demonstrated experience with US GAAP and IFRS, specifically mastery of ASC 606/IFRS 15 (Revenue Recognition).
- CPA Certification: CPA certification is required for this level of technical specialization.
- Communication: Strong executive presence and the ability to confidently present and explain complex financial data in clear, straightforward language to senior management and non-accounting stakeholders.
Preferred Skills And Experience
- Prior experience with a Big 4 accounting firm or a US-listed company.
- Experience in handling Revenue Accounting for a Software as a Service (SaaS) and Technology industry company.
- Experience with other complex technical areas like ASC 842/IFRS 16 (Leases) or IFRS/9ASC 326 (Credit Losses).
