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Revenue Accounting Manager (West Coast)

Redefine the future of customer experiences. One conversation at a time.

We’re changing the game with a first-of-its-kind, conversation-centric platform that unifies team collaboration and customer experience in one place. Powered by AI, built by amazing humans.

Our culture is forward-thinking, customer-obsessed and built on an unwavering belief that connection fuels business and life; connections to our customers with our signature Amazing Service®, our products and services, and most importantly, each other. Since 2008, 100,000+ companies and 1M+ users rely on Nextiva for customer and team communication.

If you’re ready to collaborate and create with amazing people, let your personality shine and be on the frontlines of helping businesses deliver amazing experiences, you’re in the right place. 

Build Amazing - Deliver Amazing - Live Amazing - Be Amazing

 

The Revenue Accounting Manager will be responsible for accounting, reconciling and reporting revenue in accordance with US GAAP revenue accounting standards, Company policies and procedures as well as assisting with system clean from the implementation of a new revenue recognition software. This is a hands-on role that requires ownership and responsibility for periodic and ad hoc reconciliations of various revenue related areas including month end-close, year-end financial statement and related footnotes as well as customer cohort analysis. This position will report directly to the Director of Accounting.

Key Responsibilities

  • Manage end-to-end accounting and reporting of revenue in accordance with US GAAP ASC 606 across the consolidated company
  • Complete month and year-end closing processes and prepare journal entries as applicable:
    • Lead the audit process as it relates to revenue, including managing the auditing requests, support and financial statement disclosure preparation
    • Reconcile monthly revenue to contract detail, including analyzing cash collections, performance obligations and various reporting metrics
    • Investigate and review unique revenue recognition events, including point-in-time (device shipments), over-time (subscription services), percent-of-completion (implementation services) and variable consideration (returns)
    • Perform balance sheet roll forwards of contract asset, deferred revenue and capitalized commissions
    • Be proactive and take initiative when performing tasks to help maintain the integrity of the financial statements and increase efficiencies
  • Assist in system implementation clean up as it relates to the previous implementation of Oracle Revenue Management Cloud Services (“RMCS”)
    • Investigate and validate large volumes of data to determine issues and corrections required of the revenue accounting system
    • Test and reconcile configuration and system process to determine best methods for corrections of the revenue accounting systems.
    • Assist in building checks and balances controls with new system
  • Calculate Standalone Selling Price (SSP) on a periodic basis for use in RMCS allocations.
  • Review non-standard contracts to determine revenue recognition, contract terms and other relevant information
  • Maintain an up to date and thorough knowledge of the technical accounting policies, including Nextiva’s internal Revenue Recognition Policy
  • Participate in process development and continuous improvement projects
  • Develop and establish business partnering relationships with key stakeholders such as Sales, Sales Operations, Professional Services, Device Product Development, Billing, FP&A, Accounting, IT and Legal
  • Lead, assist or participate in Revenue Recognition projects as directed by Director of Accounting

Qualifications

  • Bachelor’s degree in Accounting/Finance required
  • CPA and Big 4 firm, preferred
  • Minimum of 4 years public accounting experience preferred
  • Strong GAAP knowledge, ASC 606 and ASC 340-40 knowledge required
  • Strong experience and familiarity with quote to cash cycle, specifically knowledge of sku and product hierarchies as well as Software-as-a-Service companies
  • Prior experience with revenue recognition and contract management systems. Oracle Revenue Management (RMCS) and Salesforce preferred
  • Highly proficient in Microsoft Excel w/power user abilities to perform pivots, LookUps, etc
  • Plus for user knowledge of high-powered computing tools such as Alteryx and PowerBI
  • Excellent analytical, decision making and problem-solving skills with meticulous attention to detail
  • Ability to juggle multiple tasks and to complete them in a timely manner in a fast-paced and rapidly changing environment
  • Ability to take initiative, identify issues, act independently, and communicate and present recommendations to senior management
  • Ability to analyze complex data and communicate observations in a simplified manner
  • Strong business judgement and ability to work extended hours as needed
  • Excellent interpersonal skills with ability to communicate with various levels in the organization, be a revenue recognition champion with the ability to communicate in “plain-english” revenue concepts to non-revenue colleagues.

Nextiva Core Competencies / DNA:

  • Drives Results:  The successful candidate will be action oriented, with a passion for solving problems.  They will bring clarity and simplicity to ambiguous situations.  This individual will challenge the status quo; asking what we can do differently and finding ways to create and build more success.  They are a change agent, prepared to lead and drive changes as we transform. 
  • Critical Thinker:  The successful candidate is fact based and data driven, able to understand and articulate the “why,” identifying key drivers and learning from the past. They are forward-thinking, anticipating problems before they arise.  They’ll recommend and action well thought out solutions, understanding the risks and dependencies. 
  • Right Attitude:  The successful candidate will be team-oriented, collaborative and competitive with a winning mindset; they’re resilient and able to easily bounce back from setbacks.  They will be able to zoom in / out, willing to be hands-on to help solve important problems while being a motivating figure for the team along the way.  They will embrace a culture of service and learning with a focus on caring, supporting and respecting our customers and team members.

Compensation, Rewards & Benefits:

Nextiva provides a comprehensive employee benefits package that includes medical (including supplemental plans for accident, hospitalization and critical illness), telemedicine, dental, vision, disability, life insurance, legal assistance, an Employee Assistance Plan, paid parental bonding leave, PTO for hourly employees and Flexible Time Off (FTO) for salaried employees, an employee long-term savings plan (401k) through Fidelity with Nextiva matching, comprehensive employee wellness programs and loads of learning and development opportunities which are coupled with career paths to last a lifetime.

Nextiva is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Nextiva participates in the E-Verify Program where and as required by law. For additional information about E-Verify visit USCIS

#LI-MP1   #LI-REMOTE

Nextiva is the future-of-work software company that helps sales, service, and marketing teams achieve higher productivity and deliver better customer engagement. Nextiva’s cloud-based platform brings together business communications applications, ...

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Full-time, remote
DATE POSTED
August 22, 2024

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