At a Glance
- Tasks: Lead the global revenue recognition team and oversee all aspects of revenue accounting.
- Company: Optimizely empowers businesses to unlock their digital potential with innovative SaaS solutions.
- Benefits: Enjoy a dynamic culture, collaboration opportunities, and a focus on continuous improvement.
- Other info: Diversity and inclusion are at our core; we value every voice in our team.
- Why this job: Join a trailblazer in MarTech and make a real impact on global revenue strategies.
- Qualifications: 10+ years in finance/accounting, strong leadership skills, and expertise in IFRS 15/ASC 606 required.
The predicted salary is between 54000 - 84000 £ per year.
Director, Revenue Recognition and Accounting
Join to apply for the Director, Revenue Recognition and Accounting role at Optimizely
Director, Revenue Recognition and Accounting
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Join to apply for the Director, Revenue Recognition and Accounting role at Optimizely
At Optimizely, we\'re on a mission to help people unlock their digital potential. We do that by reinventing how marketing and product teams work to create and optimize digital experiences across all channels. With Optimizely One, our industry-first operating system for marketers, we offer teams flexibility and choice to build their stack their way with our fully SaaS, fully decoupled, and highly composable solution.
We are proud to help more than 10,000 businesses, including H&M, PayPal, Zoom, and Toyota, enrich their customer lifetime value, increase revenue and grow their brands. Our innovation and excellence have earned us numerous recognitions as a leader by industry analysts such as Gartner, Forrester, and IDC, reinforcing our role as a trailblazer in MarTech.
At our core, we believe work is about more than just numbers -- it\'s about the people. Our culture is dynamic and constantly evolving, shaped by every employee, their actions and their stories. With over 1500 Optimizers spread across 12 global locations, our diverse team embodies the \"One Optimizely\" spirit, emphasizing collaboration and continuous improvement, while fostering a culture where every voice is heard and valued.
Join us and become part of a company that\'s empowering people to unlock their digital potential!
To get a sneak peek into our culture, find us on Instagram: @optimizely
Introduction
Optimizely is looking for a highly-motivated individual to lead the Global Revenue Accounting function. This role will serve as a key subject matter expert on revenue recognition for our portfolio of SaaS products and services. The ideal candidate will have deep technical knowledge of ASC 606 and IFRS 15, exceptional leadership skills, and a strong track record of partnering cross-functionally to enable business growth while ensuring compliance and operational excellence.
The role will ensure implementation of systems and controls necessary to report revenue and deferred revenue accurately and on a timely basis. The role will be highly collaborative with other key functions including Go to Market, Sales Operations, Finance, Business Systems and Sales teams. The candidate will develop a strong team which focuses on process improvement, technology enhancement and technical accounting expertise and ability to scale in a fast paced environment.
Job Responsibilities
Lead the global revenue recognition team and oversee all aspects of revenue accounting, including policy development, contract review, technical accounting, and month-end close.
- Ownership of procedures and controls relating to revenue across the Optimizely group of companies. Provide strategy and vision around the revenue accounting processes, system implementations, use of automation, and standardization of policies.
- Serve as the primary authority on IFRS15 and ASC 606, ensuring accurate interpretation and application across complex contracts and global entities.
- Develop, maintain, and enforce global revenue recognition policies, procedures, and internal controls.
- Partner closely with Sales, Legal, Deal Desk, FP&A, Professional Services and Business Operations to review non-standard contracts and advise on structuring and revenue implications. Serve as a point of escalation for exception requests from the business.
- Function as a strategic advisor to executive leadership on revenue-related matters, including new product offerings, pricing strategies, and go-to-market initiatives. Understand pricing, deal mechanics, and play a key role influencing the evolution of both with regards to revenue recognition as the company continues to grow and scale.
- Run a smooth month-end close process, developing and maintaining high quality reporting, reconciliations and controls around revenue and deferred revenue with the team.
- Working closely with Group Financial Reporting and Financial Planning and Analysis teams to ensure accurate accounting and forecasting of revenue and invoicing
- Periodically review, update and develop appropriate policies and procedures for revenue recognition and revenue processes, ensuring compliance with current regulatory guidance and business practices
- Work closely with the Order to Cash Director and team to ensure seamless deal flow and co-ordination on credits and revenue recognition / collectability issues.
- Lead the continuous improvement of the Subscription and Revenue modules. Ensure revenue systems are well controlled and scaled to meet the demands of a growing and evolving business.
- Provide thought leadership, guidance, and strategy on technical revenue recognition matters in relation to implementation of new systems and processes.
- Lead, mentor, and develop a high-performing team with a focus on excellence, collaboration, and career growth
You are a seasoned professional with extensive revenue recognition experience in the SaaS and Professional Services industry who has managed a large team and can provide sound strategic and risk management insights, while efficiently managing day to day activities to ensure compliance. Other requirements include:
- Minimum 10 years of finance and accounting experience.
- Strong leadership, relationship development and people management skills who can collaborate with individuals and executives across the company.
- Public company / IPO / Global company experience is preferred.
- Strong knowledge of IFRS 15 / ASC 606
- Demonstrated success building strong cross-functional relationships leading across organizations through influence.
- Outstanding oral and written communication skills are critical for success.
- Strong proficiency in revenue and accounting systems. Experience with Netsuite, Zone Billing and Salesforce strongly preferred.
- Excellent project management skills and the ability to work at a fast pace on multiple projects.
- Strong analytical, written/verbal communication, interpersonal and relationship building skills, and ability to work in a multi-cultural environment across different geographies.
- Big 4 accounting experience preferred.
ACA, CPA, MBA or equivalent preferred
Competencies
Critical Thinking
Driving Continuous Improvement
Driving for Results
Driving Projects to Completion
Establishing Relationships
Optimizely is committed to a diverse and inclusive workplace. Optimizely is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
Seniority level
Seniority level
Director
Employment type
Employment type
Contract
Job function
Job function
Finance and SalesIndustries
Software Development
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#J-18808-LjbffrDirector, Revenue Recognition and Accounting in London employer: Optimizely
At Optimizely, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to unlock their full potential. As a leader in the MarTech industry, we offer exceptional growth opportunities, competitive benefits, and a collaborative environment where every voice is valued. Join us in our mission to innovate and enhance digital experiences while being part of a diverse team that spans across 12 global locations.
StudySmarter Expert Advice🤫
We think this is how you could land Director, Revenue Recognition and Accounting in London
✨Tip Number 1
Familiarise yourself with ASC 606 and IFRS 15, as these are crucial for the role. Consider attending webinars or workshops to deepen your understanding and demonstrate your commitment to mastering these standards.
✨Tip Number 2
Network with professionals in the SaaS industry, especially those who have experience in revenue recognition. Engaging in discussions on platforms like LinkedIn can help you gain insights and potentially get referrals.
✨Tip Number 3
Showcase your leadership skills by sharing examples of how you've successfully managed teams and projects in your previous roles. Be prepared to discuss specific challenges you faced and how you overcame them.
✨Tip Number 4
Research Optimizely's culture and values thoroughly. Tailor your conversations during interviews to reflect how your personal values align with theirs, emphasising collaboration and continuous improvement.
We think you need these skills to ace Director, Revenue Recognition and Accounting in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in revenue recognition, particularly in SaaS and professional services. Emphasise your knowledge of ASC 606 and IFRS 15, as well as any leadership roles you've held.
Craft a Compelling Cover Letter:In your cover letter, express your passion for the role and the company. Discuss how your background aligns with Optimizely's mission to unlock digital potential and mention specific achievements that demonstrate your expertise in revenue accounting.
Showcase Leadership Skills:Since this role requires strong leadership, provide examples of how you've successfully led teams or projects in the past. Highlight your ability to collaborate cross-functionally and drive process improvements.
Prepare for Technical Questions:Be ready to discuss technical aspects of revenue recognition during the interview process. Brush up on your knowledge of relevant accounting standards and be prepared to explain how you've applied them in previous roles.
How to prepare for a job interview at Optimizely
✨Understand Revenue Recognition Standards
Make sure you have a solid grasp of ASC 606 and IFRS 15. Be prepared to discuss how these standards apply to SaaS products and services, as well as any complex contracts you've encountered in your previous roles.
✨Showcase Leadership Experience
Highlight your leadership skills by sharing examples of how you've successfully managed teams in the past. Discuss your approach to mentoring and developing talent, as this role requires building a high-performing team.
✨Demonstrate Cross-Functional Collaboration
Prepare to talk about your experience working with various departments such as Sales, Legal, and Finance. Provide specific examples of how you've partnered with these teams to navigate revenue-related challenges and drive business growth.
✨Communicate Clearly and Effectively
Outstanding communication skills are crucial for this role. Practice articulating your thoughts clearly, both verbally and in writing. Be ready to explain complex accounting concepts in a way that non-financial stakeholders can understand.
