What are the responsibilities and job description for the Senior Manager Technical Accounting position at Candescent?
Job Description
Key Responsibilities:
- Lead technical accounting research and provide guidance on complex transactions, including revenue recognition, software capitalization, leases, and other US GAAP topics.
- Develop, document, and implement accounting policies and procedures to ensure consistent and compliant financial reporting.
- Serve as the subject matter expert on ASC 606, including contract review, revenue recognition assessments, and policy enforcement.
- Collaborate with cross-functional teams (Sales, Legal, FP&A, Product) to ensure contracts are structured and accounted for in compliance with revenue recognition standards.
- Support the monthly and quarterly close processes by ensuring proper accounting treatment and timely resolution of technical issues.
- Prepare and maintain financial statement disclosures, including footnotes and supporting documentation, in accordance with US GAAP.
- Own the preparation and accuracy of the cash flow statement and ensure alignment with other financial statements.
- Act as the primary liaison to external auditors, coordinating audit requests and ensuring timely and accurate delivery of supporting documentation.
- Monitor changes in accounting standards and assess their impact on the company’s financial statements and operations.
- Provide training and guidance to accounting and finance teams on technical accounting topics and policy updates.
Qualifications
- :Bachelor’s degree in Accounting or Finance; CPA required
- .10 years of progressive accounting experience, including public accounting and/or industry experience in the software or technology sector
- .Strong technical knowledge of US GAAP, with deep expertise in ASC 606 and other relevant standards
- .Proven experience in drafting and implementing accounting policies and procedures
- .Experience preparing financial statement disclosures and cash flow statements
- .Strong analytical, problem-solving, and communication skills
- .Ability to manage multiple priorities and work effectively in a fast-paced, dynamic environment
- .Experience with ERP systems (e.g., NetSuite, Oracle, SAP) and financial reporting tools preferred