Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

Full-Time 43200 - 72000 £ / year (est.) No working from home possible
Canonical

At a Glance

  • Tasks: Lead revenue recognition processes and collaborate with various teams to ensure accuracy.
  • Company: Canonical is a pioneering tech firm known for its open-source software, including Ubuntu.
  • Benefits: Enjoy remote work, annual bonuses, personal development budgets, and travel opportunities.
  • Other info: This role is home-based in EMEA time zones, with occasional travel for team events.
  • Why this job: Join a dynamic team in a fast-growing company that values innovation and collaboration.
  • Qualifications: Must have a degree in Accounting or Finance, CPA/CA, and expertise in IFRS 15.

The predicted salary is between 43200 - 72000 £ per year.

Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite


Canonical is a leading provider of open source software and operating systems to the global enterprise and technology markets. Our platform, Ubuntu, is widely used in breakthrough enterprise initiatives such as public cloud, data science, AI, engineering innovation, and IoT. Our customers include the world\\\'s leading public cloud and silicon providers, and industry leaders in many sectors. The company is a pioneer of global distributed collaboration, with 1200+ colleagues in 75+ countries and very few office-based roles. Teams meet two to four times yearly in person, in interesting locations around the world, to align on strategy and execution. The company is founder‑led, profitable, and growing. We are hiring a Revenue Accounting Manager, ideally a candidate with a passion for systems accounting, to drive revenue recognition process, decisions, systems and reporting. In our finance function we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes and systems into alignment. We are looking for a professionally qualified accounting leader with expertise in IFRS 15/ASC 606 to build scalable contract review and revenue recognition processes. This lead will work across teams including product management, legal, FP&A, sales operations and commercial business systems to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a very high level of automation. Perhaps unusually we prefer a leader with deep personal interest in the software and technology industry, and ideally some data analytics and software engineering experience. The Revenue Accounting Manager will ensure the proper application of revenue accounting guidance for public market scrutiny. Ideally they will also be familiar with Systems Accounting and able to work effectively with technical teams and software engineers. This is a management position which requires confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency and speed of reporting as a global tech company.


Key responsibilities



  • Collaborate with Product Management, Sales Operations, Sales, Legal, and FP&A teams to design standard contracts

  • Drive process and configuration improvements in NetSuite and related systems for end-to-end automation of the revenue life cycle

  • Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy

  • Review and evaluate the revenue recognition impact of non-standard contracts and new products

  • Lead, mentor and develop a team of revenue accounting and systems accounting professionals

  • Assist in month‑end revenue close, including reconciliations, fluctuation analysis, and other reporting

  • Develop and maintain effective internal over revenue transactions and reporting

  • Research and write accounting memos on significant revenue recognition and other policy matters

  • Act as the primary liaison with external auditors in matters related to order‑to‑cash


Valued Skills And Experience



  • An exceptional academic track record from both high school and university

  • An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path

  • CPA, CA or equivalent with excellent technical accounting skills and IFRS experience

  • A detailed understanding of IFRS 15 and relevant rules related to SaaS and services

  • Leadership or management responsibility

  • A track record of going above‑and‑beyond expectations

  • Experience of software licensing, subscription and services revenue accounting and operations

  • Experience driving revenue recognition and scaling accounting processes in a high‑growth environment

  • Experience with ERP, Rev Rec, CRM, CPQ and other relevant software categories - NetSuite and Salesforce preferred

  • Experience in a multi‑country multi‑currency, operations and tax environment

  • Professional written and spoken English

  • Excellent interpersonal skills, curiosity, flexibility, and accountability

  • Thoughtfulness and self‑motivation

  • Result‑oriented, with a personal drive to meet commitments

  • Ability to travel twice a year, for company events up to two weeks long


Additional, Optional Skills We Value



  • Public company reporting and revenue accounting experience

  • Software implementation, integration and user acceptance

  • Software engineering qualification or experience

  • A passion for technology and a desire to work with motivated colleagues

  • MBA or other relevant business degree


What we offer colleagues



  • Distributed work environment with twice‑yearly team sprints in person

  • Personal learning and development budget of USD 2,000 per year

  • Annual compensation review

  • Recognition rewards

  • Annual holiday leave

  • Maternity and paternity leave

  • Team Member Assistance Program & Wellness Platform

  • Opportunity to travel to new locations to meet colleagues

  • Priority Pass and travel upgrades for long‑haul company events


About Canonical


Canonical is a pioneering tech firm at the forefront of the global move to open source. As the company that publishes Ubuntu, one of the most important open‑source projects and the platform for AI, IoT, and the cloud, we are changing the world of software. We recruit on a global basis and set a very high standard for people joining the company. We expect excellence; in order to succeed, we need to be the best at what we do. Most colleagues at Canonical have worked from home since our inception in 2004. Working here is a step into the future and will challenge you to think differently, work smarter, learn new skills, and raise your game.


Canonical is an equal opportunity employer


We are proud to foster a workplace free from discrimination. Diversity of experience, perspectives, and background create a better work environment and better products. Whatever your identity, we will give your application fair consideration.


Seniority level


Mid‑Senior level


Employment type


Full‑time


Job function



  • Accounting/Auditing and Finance

  • Software Development


Referrals increase your chances of interviewing at Canonical by 2x

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Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite employer: Canonical

Canonical is an exceptional employer that champions a distributed work culture, allowing employees to thrive in a flexible environment while collaborating with talented colleagues from around the globe. With a strong focus on personal development, including a generous learning budget and annual compensation reviews, Canonical fosters growth and innovation in the software industry. Employees also enjoy unique benefits such as opportunities for international travel and participation in team sprints, making it a rewarding place to build a career in technology.

Canonical

Contact Details:

Canonical Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

Tip Number 1

Familiarise yourself with IFRS 15 and its application in the software industry. Understanding the nuances of revenue recognition in SaaS and services will give you a significant edge during discussions with the hiring team.

Tip Number 2

Showcase your experience with NetSuite and other relevant ERP systems. Be prepared to discuss specific instances where you've driven process improvements or automation in revenue accounting, as this aligns closely with the role's responsibilities.

Tip Number 3

Highlight any leadership or mentoring experiences you've had. The role requires managing a team, so demonstrating your ability to lead and develop others will be crucial in making a strong impression.

Tip Number 4

Express your passion for technology and the software industry. Canonical values candidates who are genuinely interested in their field, so sharing your enthusiasm and any relevant projects or experiences can set you apart from other applicants.

We think you need these skills to ace Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

IFRS 15 Expertise
Revenue Recognition
NetSuite Proficiency
Accounting Principles
Financial Reporting
Contract Review
Leadership and Team Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience with IFRS 15 and any relevant software accounting systems like NetSuite. Use specific examples that demonstrate your expertise in revenue recognition and your ability to drive process improvements.

Craft a Compelling Cover Letter:In your cover letter, express your passion for the software industry and how your background aligns with Canonical's mission. Mention your leadership experience and how you can contribute to their goal of achieving speed and accuracy in reporting.

Highlight Relevant Skills:Clearly outline your technical accounting skills, particularly in relation to SaaS and services revenue accounting. Include any experience with ERP systems and your ability to work in multi-country environments, as these are crucial for the role.

Showcase Your Soft Skills:Emphasise your interpersonal skills, curiosity, and flexibility in your application. These traits are important for collaboration across teams at Canonical, so provide examples of how you've successfully worked with diverse groups in the past.

How to prepare for a job interview at Canonical

Understand IFRS 15 Inside Out

Make sure you have a solid grasp of IFRS 15 and its implications for revenue recognition, especially in the software industry. Be prepared to discuss how you've applied these principles in previous roles and how they relate to Canonical's operations.

Showcase Your Technical Skills

Highlight your experience with NetSuite and any other relevant ERP systems. Discuss specific instances where you've driven process improvements or automation in revenue accounting, as this aligns with the role's focus on systems and efficiency.

Demonstrate Leadership Experience

Since this is a management position, be ready to share examples of how you've led teams in the past. Talk about your approach to mentoring and developing talent, as well as how you've set goals and directed work effectively.

Prepare for Cross-Functional Collaboration

Expect questions about how you would collaborate with various teams such as Product Management, Sales Operations, and Legal. Prepare examples of successful cross-departmental projects you've been involved in, showcasing your ability to align different perspectives towards common goals.