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Revenue Accounting Manager - Mississauga, Canada

Company

Guidewire Software

Address Toronto, Ontario, Canada
Employment type FULL_TIME
Salary
Category Insurance
Expires 2023-08-14
Posted at 10 months ago
Job Description
Our revenue team plays an integral role with regard to Guidewire’s current operations, our growth objectives, and the broader finance organization. Revenue team has an important seat at the table with the CEO, CFO and the Sales leadership team as it relates to deals, new products, licensing, and business model expansion. We operate in 17 countries today with plans to drive our growth through organic initiatives as well as acquisitions and partnerships. Our revenue team will be evolving. The revenue team receives a lot of exposure with opportunities to influence the long term direction of the company including how we license and sell our software, consulting, and cloud services.


As the Revenue Manager, you will have a central role in assisting with our global revenue accounting function and will report to the Sr Director of Revenue. You will be responsible for ensuring the integrity of revenue accounting and order-to-cash operations by providing leadership, accounting expertise, and a strong desire to improve processes and controls. We are looking for a talented and passionate individual who is organized with an exceptional attention to detail. The ideal candidate is a self-starter, great communicator, and enjoys collaborating with people in a dynamic fast-paced environment. This role will have two direct reports.


Leadership & Process Excellence


  • Strong business acumen – can identify risk and opportunity.
  • Understands personal productivity and how to measure it and see synergy and integration where others can’t as a solution provider, not a task master. Simplifies complex processes, get more out of fewer resources.
  • Leadership style should include an open door policy to input and visibility, as well as the ability and willingness to recognize individual contribution and that their work is important and valued. In essence, be a person that you would want to work for who encourages and challenges and leads by example.
  • Experience in creating an environment where people want to do their best, can motivate direct reports and team or project members, and can assess how to get the best out of the team or individual. Experience should include specific examples of growing a team by pushing tasks and decisions down to create competency and empower others. Be able to roll up sleeves and be hands-on when situations and the team requires.
  • Process management excellence – good at figuring out the processes necessary to get things done along with the ability to organize people and activities; not a micromanager but a leader who can picture and articulate what needs to be done and how to separate or combine tasks into efficient work flows for scalability.
  • Exceptional problem solver – uses rigorous logic and methods to solve problems and is excellent at honest analysis. Doesn’t stop at first answers.
  • Prioritization skills – be on top of what is going on with business and team. Understand the urgency. Be able to plan and prioritize the tasks accordingly.
  • Proven ability to deliver and drive to results in measurable and defined ways.


Revenue Recognition Expertise and Excellence


  • Partner and work cross functionally with other business groups (Professional Services, Professional Services Operations, FP&A, Legal, Deal Desk) on customer contract negotiations and revenue recognition assessments.
  • Understand the order-to-cash processes including systems logics and the downstream impacts.
  • Work closely with key business owners to drive key system initiatives and improvements.
  • Support revenue team on ad-hoc analysis and projects
  • Be able to analyze terms and conditions and identify the relevant ASC 606 guidance, and provide the impact to the business groups in a timely manner
  • Responsible for managing revenue accounting operations focusing on professional services revenue stream;
  • Manage the execution of monthly global revenue close including review of revenue, deferred revenue, journals, account reconciliation and fluxes, ensuring accurate results are delivered on time for reporting in accordance with US GAAP.
  • Ensure compliance with internal requirements and develop/refine revenue accounting processes and procedures with a focus on continuous improvements.
  • Support SEC reporting processes.
  • Review and analyze revenue contracts and document significant terms and accounting conclusions to ensure that revenue is recorded in compliance with Company’s revenue recognition policy and accounting literature in accordance with ASC 606.
  • Lead and manage quarterly reviews and year-end financial audits by external auditors.


Requirements


  • Excellent time management skills and operate with a sense of urgency, with self-starter orientation
  • Experience in the software and technology sector is preferred.
  • Experience at Big 4 public accounting firm is preferred.
  • Knowledge of current US GAAP with respect to revenue recognition and ability/willingness to stay current on all related developing issues
  • Ability to suggest new ideas and process improvements in an increasingly complex environment.
  • Intermediate/advanced Excel skills required and ability to work with and analyze and interpret large volumes of transactional data.
  • 5+ years of combined experience in public/private industry and public accounting, with at least 3 years of work experience directly related to revenue recognition.
  • Bachelor’s degree in Accounting with CPA preferred.
  • Oracle Cloud application experience is preferred.


About Guidewire


Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 450 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.


As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record with 1000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our Marketplace provides hundreds of add-ons that accelerate integration, localization, and innovation.


For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC .


Guidewire Software Inc. provides equal employment opportunities to all applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. All offers are contingent upon passing a criminal history and other background checks where it's applicable to the position.


We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.