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Assistant Manager- Revenue Accounting, Finance
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About the position: Cvent is a top player in the meetings, events, and hospitality tech industry with a global reach, serving a significant number of customers worldwide, including many Fortune 500 companies. Established in 1999, Cvent provides a robust event marketing and management platform for professionals in the field, offering tailored software solutions to various businesses in the hospitality sector to enhance their group and corporate travel activities. Their innovative technology facilitates gatherings of millions of individuals across the globe, driving meaningful human interactions.
At Cvent, the core essence lies within its workforce. The company prides itself on nurturing intrapreneurship, encouraging employees to exhibit entrepreneurial thinking, take risks, and make decisions independently. The culture at Cvent values diversity, leveraging individual perspectives to foster a collaborative environment that appreciates differences and builds on common ground.
Role Overview: Cvent, Inc. is in search of an Assistant Manager - Revenue Accounting to join their Finance team. The ideal candidate should possess a broad skill set in technology, business, and finance, capable of excelling in a dynamic and evolving work setting. Proficiency in US GAAP accounting, revenue recognition, and experience in M&As are essential for this role.
Key Responsibilities:
- Oversee revenue recognition procedures for Cvent Inc.
- Demonstrate expertise in US-GAAP guidelines for revenue recognition.
- Ensure proper documentation of all accounting activities in compliance with SOX controls and internal policies.
- Apply knowledge of ASC 606 revenue standards, deferred revenue, and accounts receivables.
- Enhance sub-processes through documentation and continuous improvement.
- Manage preparation, review, and recording of Revenue Accounting entries for month-end closing.
- Collaborate on internal and external audit processes, including coordination of Revenue Accounting requests.
- Assist in the implementation and data migration of new Revenue recognition tools.
- Lead cross-departmental meetings, manage agendas, and track action items.
- Support FP&A team in financial forecasting.
- Contribute to the Monthly Closure of books for Cvent Inc.
- Oversee the Global Revenue month-end close, including reporting and analysis.
- Prepare Balance sheet reconciliations for Deferred revenue and AR accounts.
- Analyze variances in financial statements.
- Perform monthly reconciliations between G/L and manual workings.
- Create dashboards for Senior Management.
- Support yearly Financial Audits.
- Conduct various financial and accounting analyses.
- Prepare Journal Entries to adjust revenue.
- Handle queries from stakeholders in the US and India.
Requirements for the role:
- Proficiency in Microsoft Office tools, particularly Excel.
- Experience with ERP software, preferably Oracle.
- CA/CPA qualification with 6-8 years of relevant experience.
- Strong communication, attention to detail, and coordination skills.
- Effective problem-solving and decision-making abilities.
- Ability to thrive in a high-performance work environment.
- Must possess flexibility and strong multitasking capabilities.