Revenue Accounting Manager - Toronto, Canada - Guidewire Software

Guidewire Software

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Our revenue team plays an integral role with regard to Guidewire's current operations, our growth objectives, and the broader finance organization.

Revenue team has an important seat at the table with the CEO, CFO and the Sales leadership team as it relates to deals, new products, licensing, and business model expansion.

We operate in 17 countries today with plans to drive our growth through organic initiatives as well as acquisitions and partnerships.

Our revenue team will be evolving.

The revenue team receives a lot of exposure with opportunities to influence the long term direction of the company including how we license and sell our software, consulting, and cloud services.

Leadership & Process Excellence:

Experience in creating an environment where people want to do their best, can motivate direct reports and team or project members, and can assess how to get the best out of the team or individual. Experience should include specific examples of growing a team by pushing tasks and decisions down to create competency and empower others. Be able to roll up sleeves and be handson when situations and the team requires.
Leadership style should include an open door policy to input and visibility, as well as the ability and willingness to recognize individual contribution and that their work is important and valued. In essence, be a person that you would want to work for who encourages and challenges and leads by example.
Proven ability to deliver and drive to results in measurable and defined ways.
Process management excellence good at figuring out the processes necessary to get things done along with the ability to organize people and activities; not a micromanager but a leader who can picture and articulate what needs to be done and how to separate or combine tasks into efficient work flows for scalability.
Understands personal productivity and how to measure it and see synergy and integration where others can't as a solution provider, not a task master. Simplifies complex processes, get more out of fewer resources.
Exceptional problem solver uses rigorous logic and methods to solve problems and is excellent at honest analysis. Doesn't stop at first answers.
Strong business acumen can identify risk and opportunity.
Prioritization skills be on top of what is going on with business and team. Understand the urgency. Be able to plan and prioritize the tasks accordingly.

Revenue Recognition Expertise and Excellence:

Review and analyze revenue contracts and document significant terms and accounting conclusions to ensure that revenue is recorded in compliance with Company's revenue recognition policy and accounting literature in accordance with ASC 60
Partner and work cross functionally with other business groups (Professional Services, Professional Services Operations, FP&A, Legal, Deal Desk) on customer contract negotiations and revenue recognition assessments.
Be able to analyze terms and conditions and identify the relevant ASC 606 guidance, and provide the impact to the business groups in a timely manner
Manage the execution of monthly global revenue close including review of revenue, deferred revenue, journals, account reconciliation and fluxes, ensuring accurate results are delivered on time for reporting in accordance with US GAAP.
Responsible for managing revenue accounting operations focusing on professional services revenue stream;
Understand the ordertocash processes including systems logics and the downstream impacts.
Lead and manage quarterly reviews and yearend financial audits by external auditors.
Support SEC reporting processes.
Ensure compliance with internal requirements and develop/refine revenue accounting processes and procedures with a focus on continuous improvements.
Work closely with key business owners to drive key system initiatives and improvements.
Support revenue team on adhoc analysis and projects

Requirements:

Bachelor's degree in Accounting with CPA preferred.
5+ years of combined experience in public/private industry and public accounting, with at least 3 years of work experience directly related to revenue recognition.
Experience at Big 4 public accounting firm is preferred.
Experience in the software and technology sector is preferred.
Knowledge of current US GAAP with respect to revenue recognition and ability/willingness to stay current on all related developing issues
Excellent time management skills and operate with a sense of urgency, with selfstarter orientation
Ability to suggest new ideas and process improvements in an increasingly complex environment.
Intermediate/advanced Excel skills required and ability to work with and analyze and interpret large volumes of transactional data.

About Guidewire
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud servi