C1 · 1 day ago
Director, Revenue Accounting
Plano, TX
Full-time
Onsite
Director/Executive
10+ years expC1 is the foremost provider of advanced communications and data technology for business. The Director, Revenue Accounting will play a critical role in building out the Revenue Accounting team and ensuring compliance with GAAP revenue accounting standards while supporting the organization’s growth objectives.
Call CenterInformation TechnologyMessagingSaaSUnified CommunicationsVoIP
Responsibilities
Thoughtfully leads the overall strategy to build-out the Revenue Team, tools, internal controls and infrastructure to support an aggressive growth strategy of the organization
Works proactively with Finance, Sales and Field personnel to assist in the assessment of customer arrangements while being able to clearly communicate the GAAP revenue accounting implications associated with the terms of the arrangement with the customer to multiple interested parties
Work directly in NetSuite to ensure revenue is accounted for correctly in each period
Review setup in Zone Access billing to ensure processing of revenue in NetSuite is timely and accurate
Reviews and assesses complex revenue arrangements for appropriate GAAP revenue accounting under ASC 606 and be the first point of contact for ad-hoc questions, as they arise, around revenue recognition from the Field and Finance
Prepares and/or reviews documentation of accounting memos to support the Company’s revenue accounting for material and complex arrangements
Works directly with Finance, Sales and Field personnel to assist in the standardization/simplification of processes associated with the Company’s various revenue streams
Assists in the training of ASC 606 to others within the organization, including other members of the Revenue Accounting team and applicable new employees on-boarded through acquisition, as necessary
Plays key role in financial due diligence associated with GAAP revenue accounting for any future acquisition and leads effort around the integration of revenue accounting activities post-acquisition
Leads team in ensuring that the Company’s GAAP accounting policies associated with revenue transactions are constantly up-to-date as the organization, and its revenue streams, grow either organically or via acquisitions
Assesses, refines and implements, as necessary, internal controls pertaining the Company’s various revenue streams
Qualification
Required
10+ years of experience in a senior level revenue accounting position in the IT industry
Undergraduate degree in Accounting
Experience in NetSuite
Familiar with, and intimate working knowledge of, the provisions of ASC 606 (Revenue from contracts with customers), including experience with ASC 606 within the IT Industry
Specific ASC 606 experience and expertise should also include (i) ability to identify performance obligations in multi-solution agreements; (ii) ability to assess and determine gross/net classification; (iii) experience with Cloud-based and SaaS solutions; (iv) experience with determining what qualifies as 'costs to fulfill' and 'costs to acquire' and the associated accounting treatment
Excellent communication skills, both verbal and written
Detailed oriented and experience in leading, developing and growing a team
Comfortable and confident in the ability to clearly communicate complex matters in a manner that can be understood by others, including more senior members of the organization
Preferred
Certified public accountant
Master's degree
Benefits
401(k) Plan (35% employer match per dollar up to 10% employee contribution)
Medical Coverage (3 platforms: UnitedHealthcare, Reference Based Pricing includes comprehensive member advocacy; and Kaiser)
HSA with + Employer Contribution
In-vitro Fertility (treatment coverage)
Dental
Vision (2 plans: 12-month and 24-month frames allowance)
FSA Plans (Healthcare, Dependent care and Limited Purpose)
Pre-tax Commuter Plans
Employer-paid Life Insurance
Employer-paid Short + Term Disability
Long Term Disability (2 plans: Employer-paid and Self-paid with non-taxable claim payments)
Paid Parental Leave (4 weeks at 100%)
Employee Assistance Plan
Voluntary Life Insurance
Legal/ID Theft Plans
TeleHealth Options
Wellness via Omada Health (healthy living solution)
Travel Assistance
Business Travel Accident Coverage
Employer-paid Pet Telehealth
Accident Insurance
Critical Illness Insurance
Hospital Indemnity Insurance
Volunteer Time Off
On Demand Pay (Daily Pay)
Company
C1
C1, the global technology solution provider elevating connected human experiences, is transforming the industry by creating connected experiences that make a lasting impact on customers, our teams, and our communities.
1001-5000 employees
H1B Sponsorship
C1 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
2020 (1)
Funding
Current Stage
Late StageTotal Funding
$58MKey Investors
Split Rock Partners
2014-09-30Acquired
2009-08-14Series Unknown· $1M
2005-07-11Series A· $12M
Leadership Team
Jeffrey Russell
Chief Executive Officer
John Lyons
President + Chief Executive Officer, Enterprise
Company data provided by crunchbase