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For Companies At a Glance
- Tasks: Lead revenue recognition processes and provide expert guidance in a dynamic environment.
- Company: Join Optimizely, a global leader in digital experience optimisation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact on revenue strategies while collaborating with diverse teams.
- Qualifications: 5+ years in Revenue/Accounting, strong knowledge of IFRS 15 / ASC 606.
- Other info: Be part of a diverse team committed to innovation and excellence.
The predicted salary is between 43200 - 72000 £ per year.
Overview
We are seeking a Senior Manager, Revenue Recognition that will be primarily responsible for supporting the business and providing technical revenue accounting guidance/analysis in accordance with GAAP and Company policies. The ideal candidate will be a self-starter, with great communication skills who thrives in a fast-paced environment. The candidate will work with various cross functional teams and report to the Director of Revenue Recognition.
Job Responsibilities
- Manage deal review communications between revenue team and Sales, Sales Operations, and Legal during contract negotiations and provide guidance and assistance to ensure proper revenue recognition
- Complete monthly deal review checklists documenting key contract terms, noting any non-standard terms impacting revenue recognition
- Complete month-end close activities and accurate reporting of key revenue data, including monthly customer reviews and analysis of changes to key accounts
- Review reconciliations and other key processes within the worldwide revenue and deferred revenue close process
- Build and maintain controls to provide early sight of issues and resolution to ensure clean and accurate reconciliations
- Produce high quality, insightful analysis of revenue and deferred revenue at the customer and product level using Netsuite, Power BI and internal analytics tools
- Work closely with FP&A to ensure forecasts are built with the most up-to-date data and insights from the revenue team
- Take a lead role in the annual audit, providing data and answering queries from the auditors
- Build and maintain strong expertise in NetSuite and other relevant systems
- Provide guidance in accordance with ASC Topic 606 and/or IFRS 15
- Assist in managing the standalone selling price analysis
- Provide assistance in drafting revenue recognition polices and memos
- Maintain process documentation and update as necessary
- Lead other special projects and ad hoc reporting requests as needed
- Manage revenue team members and ensure they are being coached and developed to a high standard
Knowledge and Experience
- 5 Years Experience in Revenue/Accounting
- Experience within SaaS is a plus
- Strong knowledge of ASC 606 required
- CPA with Big 4 experience preferred
Education
Bachelor\’s degree in Accounting/Finance
Accepting Responsibility
Acting Strategically
Communicating Effectively
Demonstrating Initiative
Driving Projects to Completion
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.
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Senior Manager, Revenue Recognition employer: Optimizely
Contact Detail:
Optimizely Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager, Revenue Recognition
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Optimizely or similar companies. A friendly chat can lead to insider info about the role and even a referral.
✨Tip Number 2
Prepare for the interview by brushing up on GAAP and ASC Topic 606. We want you to showcase your expertise in revenue recognition, so be ready to discuss real-life scenarios where you've applied these principles.
✨Tip Number 3
Show off your communication skills! During interviews, make sure to articulate your thoughts clearly and confidently. Remember, you'll be collaborating with various teams, so demonstrating your ability to communicate effectively is key.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Optimizely team.
We think you need these skills to ace Senior Manager, Revenue Recognition
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Manager, Revenue Recognition role. Highlight your experience with GAAP and revenue recognition, and don’t forget to mention any relevant software skills like NetSuite or Power BI.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of how you've managed revenue processes or led teams in the past.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects that. Use clear, concise language and structure your documents well to demonstrate your ability to communicate effectively.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to keep track of your application status directly!
How to prepare for a job interview at Optimizely
✨Know Your GAAP and IFRS Inside Out
Make sure you brush up on your knowledge of GAAP and IFRS 15, as these will be crucial in your role. Be prepared to discuss how you've applied these standards in previous positions, especially in revenue recognition scenarios.
✨Showcase Your Communication Skills
Since you'll be managing communications between various teams, it's essential to demonstrate your strong communication skills during the interview. Prepare examples of how you've effectively communicated complex financial concepts to non-financial stakeholders.
✨Be Ready for Technical Questions
Expect technical questions related to revenue recognition processes and deal reviews. Brush up on your experience with NetSuite and any analytics tools you've used, as well as your approach to ensuring accurate reconciliations.
✨Highlight Your Leadership Experience
As a Senior Manager, you'll be expected to lead and develop your team. Share specific examples of how you've coached team members in the past and the impact it had on their performance and the overall success of your projects.