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Manager Revenue Recognition and Technical Accounting

Manager Revenue Recognition and Technical Accounting

Job ID 
2018-1486
# of Openings 
1
Job Locations 
US-MD-Rockville
Posted Date 
4/18/2018
Category 
Accounting/Finance

More information about this job

Overview

Life is short.  Work somewhere awesome...

 

This is your chance to be a part of a successful Healthcare IT company experiencing significant growth. We have a proven product, brand-name customers, significant revenue and growth, and are backed by leading investors. Here you'll get to work with some of the smartest and most interesting people around; you will have the opportunity to solve unique and complex challenges in healthcare on a scale matched by few companies.

Our applications and programs are focused on making prescriptions safer and more efficient, enabling hospitals, physicians, pharmacies and care providers to offer the best possible care to their patients. Your work will have a direct impact on thousands of patients across the country. If you are excited about stretching yourself in new ways, developing yourself to your fullest potential, and working with smart colleagues; we want to talk to you!

 

Reporting to the Senior Director of Financial Reporting, the Manager of Revenue and Technical Accounting will be responsible for revenue recognition and technical accounting research and implementation. The Revenue and Technical Accounting Manager will help to create and implement improved accounting processes for sales from the proposal through invoicing and revenue recognition. This individual will stay abreast of industry regulations and changes to ensure compliance with respect to revenue and technical accounting measurement and reporting.

Responsibilities

  • Research and document revenue recognition position and appropriate controls for all complex customer, distribution and marketing agreements to identify accounting issues and to monitor compliance with the company's revenue recognition policies
  • Responsible for implementing and updating, as needed, the company’s revenue recognition and other accounting policies and practices
  • Ensure the integrity of key revenue processes by understanding systems, flow of transactions, internal controls and recommend efficiency and effectiveness improvements
  • Assist sales and legal teams with contract negotiation by participating in discussions, reviewing draft contracts, and providing revenue recognition recommendations
  • Review and support all revenue recognition and other disclosures in all financial audits or SEC filings, if appropriate
  • Maintain and update internal Sarbanes-Oxley (SOX) documentation, if appropriate, for revenue recognition and accounting policies to support internal audits of related controls
  • Create detailed revenue reporting as needed for management purposes
  • Monitor industry/regulatory changes with respect to revenue recognition and other technical accounting issues, and develop new processes and policies to accommodate accordingly
  • Ensure that commission accrual/payment process has proper segregation of duties, and review all changes to commission plans to ensure they are accounted for correctly
  • Perform other duties and projects as assigned

Qualifications

  • Bachelors or higher degree in Accounting, Finance or Business Administration. Licensed CPA preferred
  • 7-10 years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting and reporting financial information to executive teams and external stakeholders
  • Revenue recognition experience in software and SaaS industries
  • An ability to understand complex transactions and propose solutions to structuring issues that are compliant with the Company's policies and US GAAP
  • Keen analytic, organizational and problem solving skills with thorough understanding of Generally Accepted Accounting Principles (GAAP)
  • Personal qualities of integrity, and credibility; a proactive, hands-on strategic thinker
  • Technology savvy with intermediate to advanced knowledge of major accounting software packages for general ledger and accounting, MS Word, and MS Excel
  • Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers
  • Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, or other outside partners

Benefits

We offer comprehensive benefits to keep you healthy and happy as you grow in your life and career, and your merit-based compensation will reflect the impact your work has on the company and our customers.