Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite
Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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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.
  • 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 certification, and IFRS 15 expertise.
  • Other info: This role is home-based in EMEA time zones, with occasional travel for team events.

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

Revenue Accounting Manager – Software Industry, IFRS 15, NetSuite

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Revenue Accounting Manager – Software Industry, IFRS 15, NetSuite

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Canonical is a leading provider of open source software and operating systems to the global enterprise and technology markets. Our platform, Ubuntu, is very 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.
Location: This role is home-based in EMEA time zones, with the option to be based in our London office. It will report to our Global Head of Accounting.
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
We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognize outstanding performance. In addition to base pay, we offer a performance-driven annual bonus or commission. We provide all team members with additional benefits which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.

  • 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

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing and Finance

  • Industries

    Software Development

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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, making it an ideal place for professionals passionate about technology and systems accounting. The opportunity to engage in exciting team sprints in diverse locations further enhances the unique experience of working at this pioneering tech firm.
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Contact Detail:

Canonical Recruiting 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 requirements.

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 Processes
NetSuite Proficiency
Technical Accounting Skills
Leadership and Management Experience
Software Licensing Knowledge
Subscription Revenue Accounting
ERP and CRM Systems Experience
Multi-Currency Operations Understanding
Interpersonal Skills
Analytical Skills
Attention to Detail
Communication Skills
Problem-Solving Skills
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with IFRS 15 and NetSuite. Use specific examples from your past roles that demonstrate your expertise in revenue accounting and systems accounting.

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 any relevant leadership experience and your ability to drive process improvements.

Showcase Relevant Skills: Emphasise your technical skills related to ERP systems, particularly NetSuite and Salesforce. Highlight any experience you have with revenue recognition processes and automation, as these are key aspects of the role.

Prepare for Potential Questions: Think about how you would answer questions regarding your experience with revenue accounting in a high-growth environment. Be ready to discuss specific challenges you've faced and how you overcame them.

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 how it applies to revenue recognition in the software industry. Be prepared to discuss specific scenarios where you've applied these principles in your previous roles.

Showcase Your Technical Skills

Highlight your experience with NetSuite and any other relevant ERP systems. Discuss how you've driven process improvements or automation in past positions, as this is crucial for the role.

Demonstrate Leadership Experience

Since this is a management position, be ready to share examples of how you've led teams, set goals, and mentored others. Emphasise your ability to collaborate across departments like sales, legal, and product management.

Express Your Passion for Technology

Canonical values candidates who are genuinely interested in the software and technology industry. Share your experiences or projects that reflect your enthusiasm for tech, and how it drives your work in accounting.

Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite
Canonical
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  • Revenue Accounting Manager - Software Industry, IFRS 15, NetSuite

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-08-09

  • C

    Canonical

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