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Senior Revenue Manager

4 weeks ago

india Volante Technologies Full time
Company Description:

Volante is on the Leading Edge of Financial Services technology, if you are interested to be on an Innovative fast- moving team that leverages the very best in Cloud technology our team may be right for you.

Role Overview:

We are seeking an experienced and detail-oriented Senior Manager of Revenue Recognition to lead the implementation of ASC 606 and ensure accurate financial reporting in our growing company. This role involves managing a team, collaborating with key stakeholders (legal, sales, and PMO), interpreting contracts, ensuring compliance with U.S. GAAP, and driving improvements to revenue recognition processes and systems.Key Responsibilities:Revenue Recognition Leadership:

Oversee and apply ASC 606 revenue recognition standards to ensure accurate recognition of SaaS and on-premise contract revenue. Guide the team in interpreting complex transactions and providing accurate revenue treatment recommendations.Financial Reporting and Compliance:

Lead the preparation and review of financial statements, ensuring adherence to U.S. GAAP and relevant regulatory standards. Provide expert advice on complex revenue recognition scenarios and facilitate the timely and accurate reporting of financial results.Contract Review and Analysis:

Partner with legal, sales, and PMO teams to interpret and review customer contracts. Ensure proper documentation and application of revenue recognition policies to ensure compliance with ASC 606.Cross-Functional Collaboration:

Collaborate with Project Managers and cross-functional teams to understand project deliverables, timelines, and milestones, ensuring accurate and timely revenue recognition for all contracts.Audit Support and Coordination:

Manage internal and external audit activities, providing necessary documentation and supporting audit teams with revenue-related inquiries.Process Improvement and Optimization:

Continuously evaluate and improve revenue recognition processes, internal controls, and reporting systems. Identify opportunities to streamline operations, improve accuracy, and automate revenue processes where possible.System Utilization & Optimization:

Oversee and manage the use of

Netsuite

or other ERP systems for revenue recognition and financial reporting. Ensure proper system configuration and work with IT to implement any necessary system enhancements to support revenue processes.Team Management and Development:

Lead and manage a team of revenue recognition analysts and accountants. Provide mentorship, coaching, and performance feedback to team members. Encourage continuous professional development and ensure the team is up-to-date with industry standards and best practices.Stakeholder Communication & Reporting:

Regularly communicate with senior leadership on the status of revenue recognition activities, audit findings, and process improvements. Prepare reports and presentations that explain complex financial information to non-financial stakeholders.Managerial Oversight:

Set performance goals for the team, monitor progress, and ensure high standards of accuracy, efficiency, and compliance in all revenue recognition activities. Foster a collaborative team environment that emphasizes accountability, learning, and growth.Required Experience:12+ years

of experience in revenue recognition, financial reporting, or similar roles, ideally within SaaS or fintech industries.Deep understanding and hands-on experience with

ASC 606

revenue recognition standards.Proven experience in interpreting complex contracts and collaborating across multiple departments (legal, sales, PMO).Strong background in financial reporting and the preparation of financial statements in compliance with

U.S. GAAP .Advanced proficiency in

Excel

for financial data analysis, reporting, and forecasting.Experience managing a team, with the ability to provide mentorship, feedback, and development opportunities.Experience managing internal and external audits, providing necessary documentation, and responding to audit inquiries.Excellent communication skills, with the ability to present complex financial concepts to non-financial stakeholders.Preferred Skills:Expertise with

Netsuite

or similar ERP systems, with an ability to optimize systems for revenue recognition.Previous experience in a

SaaS

or

fintech

environment, with a strong understanding of subscription-based business models.Key Traits:Attention to Detail:

Strong focus on accuracy and compliance in revenue recognition and financial reporting.Leadership:

Proven ability to lead and develop teams, set clear objectives, and hold individuals accountable for their performance.Collaboration:

Skilled in working cross-functionally and building strong relationships across departments.Analytical Mindset:

Excellent problem-solving and data analysis skills with the ability to provide strategic insights based on financial information.