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Director of Revenue Recognition/Controller in Atlanta, GA

CHASE Professionals

This is a Full-time position in Atlanta, GA posted November 11, 2021.

Key Areas of Responsibility:
Work with Sales & Legal to understand and provide input on deals, sales models and contracts to ensure achieve the desired revenue outcome
Ability to interact and establish relationships as well as provide input so that impacts are understood in advance of signing a deal
Participate in Bid Review process to ensure upfront, proper revenue recognition
Assist sales and pricing in structuring of deals to maximize up-front revenue for the company and avoid revenue recognition issues
Review of worldwide revenue and ensure consistent application of US GAAP
Detailed review of approximately 30 transactions per quarter that are a minimum of $3M each o Review and recommend approval of or denial of deviation requests relating to revenue transactions
Coordinate audits of revenue and reviews with internal and external audit
Provide revenue recognition training to Global Sales and Marketing, regional controllers, revenue recognition specialists, and all other applicable organizations
Improve fair value process –Documenting accounting treatment of different elements
Work with pricing to maintain pool of transactions
Annual update of fair value studies
Improve usage of revenue recognition tool:
Identify upstream processes changes to improve granularity of data flowing into systems
Improve process for fair value deferrals through increased use of Rev Pro
Become an advisor/partner to Sales, legal and other sales team members
Oversee the implementation of the new revenue recognition standard and identify impacts to current products & services
Establish and oversee the implementation committee
Identify and implement changes to minimize any negative impact of implementation of the new guidance
Basic Requirements:
Undergraduate Degree in Accounting or Finance
Excellent understanding of US GAAP with emphasis on the ability to apply relevant guidance, including complex and highly judgmental topics
In depth knowledge of software revenue recognition
Must be able to adjust and work effectively in a dynamic, changing environment
Ability to communicate effectively across all levels of management
Managerial and leadership experience
Licensed CPA and Big4 experience

Experience:
CPA, Big4, Software Revenue Recognition: 5 years (Required)


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