
7/7/17- Director of Revenue Recognition
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Accentuate Staffing is currently recruiting for a Director of Revenue Recognition to join an established company in the Raleigh area. This position will be responsible for managing the Revenue team and ensuring that revenues are recorded in compliance with US GAAP while helping to maximize revenue. Directly reports to the Vice President, Corporate Controller and be a key part of the finance team.
Responsibilities:
- Lead all revenue policy and revenue accounting processes, ensuring that all significant judgment areas are documented and interpretations are consistent and compliant with US GAAP.
- Proactively manage all communication regarding revenue recognition with external auditors.
- Manage the revenue close calendar and related processes to ensure timely and accurate monthly and quarterly revenue close.
- Provide technical and operational advisory assistance to sales organizations with respect to product launches and new product offerings and related promotions by providing alternatives and guidance to maximize revenue while maintaining compliance with accounting requirements.
- Work closely with sales management and legal counsel to provide guidance in the structuring of contracts, ensuring that revenue recognition-appropriate language is included.
- Maintain a current level of expertise relating to professional standards and emerging industry and technical developments in the area of revenue recognition and apply the information proactively.
- Continually review and update SOX 404 internal controls with respect to revenue recognition and ensure that testing of internal controls is successfully completed in a timely manner
- Manage the quarterly sales certification process.
- Remain current on business decisions, including review of contracts and partner guides and other marketing collateral in order to proactively address critical related accounting issues.
- Continually assess, develop, and update the documentation associated with the Company’s revenue policies and processes to ensure proper recording and revenue recognition.
- Identify and implement processes and best practices within the organization; drive efficiencies in business and accounting processes.
- Take full responsibility to develop relationships with sales team to ensure that roadblocks preventing the timely closing of projects, sending of invoices and ensuring accurate reporting of revenues, receivables, reserves and collections are identified, constantly monitored and eliminated.
- Manage, mentor and train staff to help them achieve their highest potential and to help the staff and Company reach their goals.
- Retain and develop key talent.
Requirements:
- Minimum 10 years of relevant accounting and finance experience in leadership roles.
- BS degree in Business Administration (finance, economics, or accounting). MBA or CPA preferred.
- Extensive experience reviewing and documenting complex, multi-element sales agreements.
- Excellent presentation skills.
- Ability to interact with and deliver solutions to an executive audience.
- Experience working in multinational organizations.
- Demonstrates technical acumen in US GAAP and SEC financial reporting including the following areas: ASC 606, ASC 605, and ASC 985-605.




