What are the responsibilities and job description for the Sr. Manager - Technical Accounting position at Candescent?
Candescent is the leading cloud-based digital banking solutions provider for financial institutions. We are transforming digital banking with intelligent, cloud-powered solutions that connect account opening, digital banking, and branch experiences for financial institutions. Our advanced technology and developer tools enable seamless, differentiated customer journeys that elevate trust, service, and innovation. Success here requires flexibility in a fast-paced environment, a client-first mindset, and a commitment to delivering consistent, reliable results as part of a performance-driven, values-led team. With team members around the world, Candescent is an equal opportunity employer.
Key Responsibilities
To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.
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.
- Bachelor’s degree in Accounting or Finance; CPA required.
- 6 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.
To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.