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Sr. Director, Revenue and Technical Accounting

No Agency Submissions Accepted.

Location: This will be a hybrid role 3 days in the office-Monday, Tuesday and Thursday

Onwards Together!

Illumio, the pioneer and market leader of Zero Trust segmentation, prevents breaches from becoming cyber disasters. Illumio protects critical applications and valuable digital assets with proven segmentation technology purpose-built for the Zero Trust security model. Illumio ransomware mitigation and segmentation solutions see risk, isolate attacks, and secure data across cloud-native apps, hybrid and multi-clouds, data centers, and endpoints, enabling the world’s leading organizations to strengthen their cyber resiliency and reduce risk.  

Illuminate the future with Illumio and join a team that’s passionate about developing cutting-edge security solutions that protect the world's most critical assets. 

Our Team's Vision:

Our Finance team operates at the forefront of Zero Trust Segmentation, driving efficient growth and strategic partnerships with our key stakeholders. We are dedicated to building scalable infrastructure and optimizing our financial model to support Illumio’s ambitious business goals. 

As we embark on a significant phase of growth, we welcome individuals who embody our values, consistently deliver excellence, and drive innovation. Join us in shaping the future of cybersecurity while advancing your career at Illumio, where every contribution counts towards our collective success. 

Your Impact: 

  • This role will report to the VP, Corporate Controller.

  • Own the company’s quote-to-cash and commission accounting process, including process improvements, system implementation or optimization, etc.

  • Be the go-to expert representing the Finance team in discussions with the sales team for deal structuring and business guidance.

  • Serve as the subject matter expert on all technical accounting matters, providing guidance on significant transactions, policies, and processes to ensure accounting compliance.

  • Collaborate with cross-functional teams including but not limited to sales team, sales operations, legal, support and service team, IT, product management, engineering, etc. in operationalizing new product offerings, providing inputs for revenue and commission forecasting, assessing technical accounting impact from business initiatives, etc.

  • Responsible for timely accounting close and reporting of revenue, key billing matrix, and commission.

  • Oversee the billing and collection process.

  • Work closely with the Company's external auditors on revenue, commission, and technical accounting matters.

  • You must be a strong and inspiring leader, have experience in enabling and managing teams, be detail-oriented and strategically minded, have strong organization and communication skills, and be hands-on.

Your Toolkit:

  • Bachelor’s degree in Accounting, Finance, or a related field

  • CPA or equivalent accounting certification is required; Big 4 experience is a plus.

  • 10+ years of revenue and related experience under US GAAP (software/SaaS industry experience preferred).

  • 5+ years in management/leadership role

  • In-depth knowledge of ASC 606, ASC 340-40, and other technical accounting areas that are relevant to a technology company.  

  • Experience with SFDC, revenue accounting system, and commission system preferred.

  • Proven ability to lead and develop high-performing teams.

  • Experience in designing or improving processes.

  • Ability to build positive relationships cross-functionally to effectively influence or make recommendations, implement processes/policies, etc.

Minimum 3 days a week in the office in Sunnyvale, CA

Compensation:

$ 238,000 USD - $ 285,000 USD

The pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include responsibilities of the job, education, location, experience, knowledge, skills, abilities, and internal equity, alignment with market data, or applicable laws. 

At Illumio we offer a wide range of benefits to our eligible team members. Our benefit programs vary by location and can include Medical, Dental, Vision Coverage – Health and Dependent Savings Accounts – Life and Disability Programs – Paid Parental Leave – Voluntary Benefit Programs – Company Sponsored Wellness Program – Wellness Reimbursement Program - Retirement Savings – Equity Opportunities – Paid time off and Paid Holidays – Employee Incentive Program. #LI-AF1 #LI-HYBRID

Our Commitment: 

Illumio believes that an environment of unique backgrounds, experiences, viewpoints, and individual contributions drives our success and makes us stronger together. We are dedicated to creating and maintaining a diverse culture and emphasizing inclusion and belonging.   

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CEO of Illumio
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Andrew Rubin
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Average salary estimate

$261500 / YEARLY (est.)
min
max
$238000K
$285000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr. Director, Revenue and Technical Accounting, Illumio

If you're an experienced finance professional looking to take the next step in your career, Illumio is the place for you with the role of Sr. Director, Revenue and Technical Accounting. Located in Sunnyvale, California, and operating in a hybrid environment, you will have the best of both worlds with three days in the office. At Illumio, we're pioneers in Zero Trust segmentation, and our mission is to ensure critical applications and assets are safe from cyber threats. In this key position, you’ll be owning the quote-to-cash and commission accounting processes, ensuring every transaction is managed smoothly and accurately. Collaborating with a variety of teams including sales, legal, and product management, you’ll be the expert guiding important discussions and decisions. Your role also involves leading a strong team while ensuring compliance with accounting standards, particularly US GAAP. To be successful in this position, you should have a solid accounting background, a CPA certification, and significant experience in revenue recognition, particularly in the SaaS sector. Illumio values strategic thinkers who can design and implement efficient processes while fostering strong cross-functional relationships. Here, you’ll not only advance your career in cybersecurity but also play a pivotal role in shaping the financial future of our groundbreaking organization. Join us in making the digital world a safer place, one innovative solution at a time!

Frequently Asked Questions (FAQs) for Sr. Director, Revenue and Technical Accounting Role at Illumio
What are the responsibilities of the Sr. Director, Revenue and Technical Accounting at Illumio?

The Sr. Director, Revenue and Technical Accounting at Illumio is responsible for overseeing the quote-to-cash process, managing commission accounting, and ensuring accounting compliance with US GAAP standards. This role involves collaborating with various cross-functional teams to operationalize new product offerings and provide financial guidance during deal structuring.

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What qualifications are required for the Sr. Director, Revenue and Technical Accounting position at Illumio?

Candidates for the Sr. Director, Revenue and Technical Accounting role at Illumio should possess a Bachelor’s degree in Accounting, Finance, or a related field, along with a CPA certification. A minimum of 10 years of relevant experience in revenue recognition, particularly in the software or SaaS industries, is required, along with at least 5 years in a leadership role.

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How does the Sr. Director at Illumio contribute to financial compliance?

As the Sr. Director, Revenue and Technical Accounting at Illumio, you serve as the subject matter expert on technical accounting matters, ensuring compliance with various accounting standards, such as ASC 606. You'll guide the organization through significant transactions and implement best practices to maintain accurate financial reporting.

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What kind of team can the Sr. Director expect to lead at Illumio?

In the Sr. Director, Revenue and Technical Accounting role at Illumio, you will lead a high-performing finance team. This involves mentoring and developing team members, enabling them to excel in their roles while fostering an environment of collaboration and continuous improvement.

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What tools and systems are used by the Sr. Director, Revenue and Technical Accounting at Illumio?

The Sr. Director, Revenue and Technical Accounting at Illumio should be familiar with financial software tools, including SFDC and revenue accounting systems. Knowledge of commission systems is also highly preferred, as these tools are critical in ensuring accurate billing and collection processes.

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Common Interview Questions for Sr. Director, Revenue and Technical Accounting
Can you explain your experience with revenue recognition under US GAAP?

When answering this question, discuss specific instances where you've applied revenue recognition principles, particularly ASC 606. Highlight your familiarity with the process and any challenges you've overcome in ensuring compliance.

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How do you ensure that your team meets tight reporting deadlines?

In your response, emphasize your leadership strategies, such as setting clear expectations, utilizing project management tools, and encouraging open communication, to ensure timely reporting while maintaining accuracy.

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What strategies do you use to effectively collaborate with cross-functional teams?

Share examples of your collaborative experiences, highlighting your communication skills, proactive approach in meetings, and how you build relationships with different departments to facilitate cross-team alignment.

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Could you walk us through a recent accounting process improvement you've implemented?

Describe a specific process improvement initiative, detailing the problem, your approach to designing the solution, and the positive impact this had on financial operations and team efficiency.

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How do you stay updated on changes in accounting regulations?

Discuss your methods for keeping informed, whether through online courses, webinars, or professional organizations, and the importance you place on continuous learning to adapt to regulatory changes.

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What is your approach to handling complex financial transactions?

Explain your step-by-step approach to managing complex transactions, how you work with teams to analyze financial impacts, and the importance of thorough documentation to maintain clarity and compliance.

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How have you handled a disagreement with a sales team regarding a deal structuring issue?

Share a specific example where you navigated a disagreement. Highlight your diplomatic skills in mediating discussions, focusing on data-driven decisions, and how you achieved a beneficial outcome for both parties.

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What role do you believe technology plays in financial processes today?

Speak on how technology enhances efficiency in financial processes, mentioning specific software or tools you find valuable in streamlining operations, reporting accuracy, and improving team collaboration.

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How do you prioritize tasks during the month-end close?

Discuss your prioritization strategies, such as creating a task list, setting deadlines, and collaborating with your team to ensure all aspects of the close process are met without compromising quality.

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What leadership style do you adopt when managing your team?

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Illumio is an American business data center and cloud computing security company founded in 2013 by Andrew Rubin and P. J. Kirner. The company was founded in 2013 and has been ranked #25 in the Forbes Cloud 100 list in 2019.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 19, 2024

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