Volante Technologies - Senior Revenue Manager (12-14 yrs)

- Volante is on the Leading Edge of Financial Services technology, if you are interested to be on an Innovative fast- moving team that leverages the very best in Cloud technology our team may be right for you.

- Role Overview : We are seeking an experienced and detail-oriented Senior Manager of Revenue Recognition to lead the implementation of ASC 606 and ensure accurate financial reporting in our growing company.

- This role involves managing a team, collaborating with key stakeholders (legal, sales, and PMO), interpreting contracts, ensuring compliance with U.

- GAAP, and driving improvements to revenue recognition processes and systems.

Key Responsibilities:

- Revenue Recognition Leadership: Oversee and apply ASC 606 revenue recognition standards to ensure accurate recognition of SaaS and on-premise contract revenue.

- Guide the team in interpreting complex transactions and providing accurate revenue treatment recommendations.

- Financial Reporting and Compliance: Lead the preparation and review of financial statements, ensuring adherence to U.

- GAAP and relevant regulatory standards.

- Provide expert advice on complex revenue recognition scenarios and facilitate the timely and accurate reporting of financial results.

- Contract Review and Analysis: Partner with legal, sales, and PMO teams to interpret and review customer contracts.

- Ensure proper documentation and application of revenue recognition policies to ensure compliance with ASC 606.

- Cross-Functional Collaboration: Collaborate with Project Managers and cross-functional teams to understand project deliverables, timelines, and milestones, ensuring accurate and timely revenue recognition for all contracts.

- Audit Support and Coordination: Manage internal and external audit activities, providing necessary documentation and supporting audit teams with revenue-related inquiries.

- Process Improvement and Optimization: Continuously evaluate and improve revenue recognition processes, internal controls, and reporting systems.

- Identify opportunities to streamline operations, improve accuracy, and automate revenue processes where possible.

- System Utilization & Optimization: Oversee and manage the use of Netsuite or other ERP systems for revenue recognition and financial reporting.

- Ensure proper system configuration and work with IT to implement any necessary system enhancements to support revenue processes.

- Team Management and Development: Lead and manage a team of revenue recognition analysts and accountants.

- Provide mentorship, coaching, and performance feedback to team members.

- Encourage continuous professional development and ensure the team is up-to-date with industry standards and best practices.

- Stakeholder Communication & Reporting: Regularly communicate with senior leadership on the status of revenue recognition activities, audit findings, and process improvements.

- Prepare reports and presentations that explain complex financial information to non-financial stakeholders.

- Managerial Oversight: Set performance goals for the team, monitor progress, and ensure high standards of accuracy, efficiency, and compliance in all revenue recognition activities.

- Foster a collaborative team environment that emphasizes accountability, learning, and growth.

Required Experience:

- 12+ years of experience in revenue recognition, financial reporting, or similar roles, ideally within SaaS or fintech industries.

- Deep understanding and hands-on experience with ASC 606 revenue recognition standards.

- Proven experience in interpreting complex contracts and collaborating across multiple departments (legal, sales, PMO).

- Strong background in financial reporting and the preparation of financial statements in compliance with US GAAP.

- Advanced proficiency in Excel for financial data analysis, reporting, and forecasting.

- Experience managing a team, with the ability to provide mentorship, feedback, and development opportunities.

- Experience managing internal and external audits, providing necessary documentation, and responding to audit inquiries.

- Excellent communication skills, with the ability to present complex financial concepts to non-financial stakeholders.

Preferred Skills:

- Expertise with Netsuite or similar ERP systems, with an ability to optimize systems for revenue recognition.

- Previous experience in a SaaS or fintech environment, with a strong understanding of subscription-based business models.

Key Traits:

- Attention to Detail: Strong focus on accuracy and compliance in revenue recognition and financial reporting.

- Leadership: Proven ability to lead and develop teams, set clear objectives, and hold individuals accountable for their performance.

- Collaboration: Skilled in working cross-functionally and building strong relationships across departments.

- Analytical Mindset: Excellent problem-solving and data analysis skills with the ability to provide strategic insights based on financial information