IPC Systems · 4 months ago
Manager, Revenue Recognition
New York, NY
Full-time
Onsite
Mid, Senior Level
5+ years expIPC is a fintech company that focuses on the human element, providing advanced cloud-based trading communications and managed connectivity solutions. The Manager, Revenue Recognition will oversee a team of accountants to ensure revenue is recorded in accordance with GAAP and lead the adoption of ASC 606 for SaaS revenue recognition practices.
Communications InfrastructureFinancial ServicesTelecommunicationsTrading Platform
Responsibilities
Oversee an international team of six revenue accountants to ensure timely and accurate recording of revenue and cost of goods sold entries
Lead the adoption of ASC 606 for SaaS revenue recognition practices, ensuring accurate revenue reporting in a subscription-based model
Review the monthly fluctuation analysis prepared by the team, explaining variances between budget and/or forecast and the actual monthly results
Review the monthly margin by customer file for review by executive management and explain variances between the expected and actual margins
Review new large customer contracts to ensure compliance with ASC 606 and proper revenue recognition
Review new reseller agreements to determine IPC's role (principal vs. agent) and document the analysis and conclusions
Ensure the accuracy and completeness of revenue footnotes in the audited financial statements
Contribute to the annual review and update of the Company’s ASC 606 policy
Assist with ensuring internal controls are in place, documented and updated periodically as appropriate
Participate in any updates to the RMCS revenue module within Oracle for the purpose of automating the revenue accounting process and ensuring compliance with the Company’s ASC 606 policy
Collaborate with the team to ensure audit requests are provided to external auditors for the annual consolidated audit and any statutory audits
Provide senior management with detailed financial analyses, customer margin insights, and variance explanations between budget/forecast and actual results
Mentor and guide the revenue accounting team to build careers and support their professional development
Drive change management as IPC transitions to a SaaS model, refining revenue recognition processes to align with the company’s growth trajectory
Assist with ad hoc projects and responsibilities as needed
Qualification
Required
5-10 years of relevant experience from public accounting and/or multinational company, ideally in the fintech or SaaS sectors
Experience with revenue recognition in a SaaS environment, including managing subscription-based revenue, long-term contracts, and deferred revenue
Strong knowledge of ASC 606 and its application to SaaS or subscription-based revenue models
Excellent knowledge and understanding of US GAAP and internal controls
Excellent communication skills, with the ability to work collaboratively across multiple teams and influence decision-making at the executive level
Preferred
Certified Public Accountant (CPA) license is preferred, but equivalent experience will also be considered
Experience in control execution/documentation
Proven ability to lead change management initiatives in finance functions, particularly in a growing or transitioning company
Ability to perform independent research and prepare financial analyses, including the impact of accounting and regulatory pronouncements on the company's financial statements and accounting and disclosure practices
Detail-oriented with demonstrated oral and written communication skills
Ability to work with senior management and influence decision making
Strong multi-tasking skills and ability to adapt to change
Ability to take ownership of projects and drive them through to completion
Ability to work with all levels of personnel, from staff to executive management
Benefits
Competitive Base Salaries
Medical, Dental and Vision
100% Employer Paid Short/Long Term Disability, AD&D and Life Insurance Coverage
Limited & HealthCare Flexible Spending Accounts
Dependent Care Flexible Spending Account
Health Savings Accounts with Employer Contributions
Pet Insurance
Legal Insurance
Critical Illness, Hospital Indemnity and Accident Coverage
Commuter Benefits
Medicare Services Education program
Financial Wellness Account Fiduciary and Training
Identity Theft Insurance
401(k) and Roth plan with matching contributions
Flexible PTO, Sick Pay and Public Holidays
Additional Time off for Charity Work and Volunteering
Tuition Reimbursement
Certification Bonus Program
Access to 'IPC University' our Internal E-Learning Platform
Structured Onboarding Training and Peer Mentor Support
Parental Leave Policy
Free Mental Health Wellness Programs, Tools, Coaching and Free therapy sessions
Employee Referral Scheme
Company
IPC Systems
IPC Systems is a consulting company that provides and services voice communication systems for financial companies.
1001-5000 employees
H1B Sponsorship
IPC Systems has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (8)
2024 (7)
2023 (10)
2022 (14)
2021 (11)
2020 (14)
Funding
Current Stage
Late StageTotal Funding
unknown2024-01-09Acquired
Leadership Team
Kurt Adams
Chief Executive Officer
Steve Stiglick
Senior Operations Manager - Japan & Korea
Recent News
2026-01-06
Company data provided by crunchbase