Revenue Accounting & Technical Guidance
- Owns the interpretation and application of ASC 606 across all revenue streams, including complex and multi-element arrangements.
- Ensures revenue recognition policies are appropriately documented, consistently applied, and compliant with GAAP.
- Reviews contracts and new product offerings to determine proper accounting treatment, including variable consideration and revenue sharing arrangements.
- Maintains strong knowledge of all revenue streams and actively monitors for changes requiring updates to accounting treatment.
- Partners with Legal, Sales Operations (JC MDOE), and Product teams to ensure contracts are structured to support compliant and scalable revenue recognition.
Revenue Process Optimization & Standardization
- Leads initiatives to standardize revenue accounting processes across business lines, systems, and geographies.
- Identifies and implements process improvements to enhance efficiency, accuracy, and scalability of revenue workflows.
- Drives automation and optimization of revenue-related processes within Workday and other financial systems.
- Ensures consistency in revenue-related data structures, system configurations, and reporting outputs.
Financial Reporting & Analytics
- Oversees the preparation and analysis of revenue-related financial data as part of the monthly close process.
- Performs detailed trend and variance analysis, including actual vs. budget/forecast comparisons.
- Identifies key drivers of revenue performance, including volume, pricing, and product mix, and provides actionable insights.
- Supports development of dashboards and reporting tools to enhance visibility into revenue and related KPIs.
- Partners with FP&A to support forecasting inputs and ongoing financial planning processes.
Cross-Functional Collaboration
- Acts as primary accounting partner to Sales Operations to align deal structures, billing processes, and revenue recognition.
- Collaborates with FP&A, product, and operational teams to ensure financial alignment across planning, reporting, and execution.
- Participates in regular meetings with business stakeholders to understand new initiatives and ensure appropriate accounting treatment.
- Builds strong cross-functional relationships to promote a proactive, responsive, and customer-focused accounting function.
Close, Controls, and Audit
- Leads the revenue close process, including journal entries, reconciliations, and supporting schedules.
- Ensures account balances are properly supported and reflect appropriate application of accounting standards.
- Maintains strong internal controls over revenue processes and supports ongoing compliance initiatives.
- Coordinates with external auditors and prepares audit deliverables related to revenue recognition.
Leadership & Staff Development
- Supervises revenue accounting staff, including assignment of responsibilities, performance management, and development planning.
- Reviews staff work for accuracy, completeness, and adherence to deadlines.
- Provides ongoing coaching, training, and mentorship to enhance both technical accounting and business partnership capabilities.
- Promotes a culture of continuous improvement, accountability, and collaboration within the team.