What are the responsibilities and job description for the Senior Manager, Revenue Accounting position at KBW Financial Staffing & Recruiting?
Senior Manager, Revenue (SaaS / ASC 606)
Location: Greater Boston Area (Hybrid/Remote)
Compensation: $150,000 – $170,000 15% bonus
Company Overview
Our client is a PE-backed provider of cloud communications and technology solutions, delivering hardware, software, and managed services to commercial, enterprise, and public sector organizations. With over $1B in revenue, the company is experiencing continued growth and expansion.
Position Summary
The Senior Manager, Revenue will lead the revenue accounting function, ensuring accurate and timely revenue recognition across multiple revenue streams, including Cloud, Equipment, and Professional/Managed Services. This role will oversee a team and partner cross-functionally to support financial reporting, compliance, and operational decision-making.
Key Responsibilities
KBW789
Location: Greater Boston Area (Hybrid/Remote)
Compensation: $150,000 – $170,000 15% bonus
Company Overview
Our client is a PE-backed provider of cloud communications and technology solutions, delivering hardware, software, and managed services to commercial, enterprise, and public sector organizations. With over $1B in revenue, the company is experiencing continued growth and expansion.
Position Summary
The Senior Manager, Revenue will lead the revenue accounting function, ensuring accurate and timely revenue recognition across multiple revenue streams, including Cloud, Equipment, and Professional/Managed Services. This role will oversee a team and partner cross-functionally to support financial reporting, compliance, and operational decision-making.
Key Responsibilities
- Manage and develop a team of 4 (2 Managers and 2 Senior Revenue Accountants)
- Oversee revenue recognition in accordance with ASC 606 across multiple revenue streams
- Review customer contracts and assess appropriate revenue treatment, including non-standard terms
- Lead month-end close activities related to revenue, including journal entries, reconciliations, and reporting
- Partner with Sales, Deal Desk, and Operations to evaluate deal structures and revenue implications
- Maintain and enhance revenue accounting processes, controls, and documentation
- Support revenue forecasting, reporting, and variance analysis
- Collaborate with internal and external auditors to ensure compliance with US GAAP
- Drive system improvements and process automation, particularly within NetSuite and Salesforce
- Bachelor’s degree in Accounting, Finance, or related field; CPA preferred
- 8 years of experience in revenue accounting, preferably within SaaS or technology
- Strong knowledge of ASC 606 and multi-element revenue arrangements
- Experience managing and developing accounting teams
- Experience with NetSuite and Salesforce strongly preferred
- Strong analytical, organizational, and communication skills
- Ability to work in a fast-paced, high-growth environment
KBW789