Director of Revenue

Accuray Incorporated•Madison, WI

56d

About The Position

At Accuray, we make a direct and powerful impact on the lives of cancer patients every day - helping them live longer, better lives. But our commitment to innovation offers a truly unique opportunity: the chance to change the fight against cancer - helping to develop, introduce and support new treatment delivery systems and software that will give new hope and new health to cancer patients and cancer survivors around the world. Accuray develops, manufactures and sells radiotherapy systems for alternative cancer treatments. Our radiation therapy for cancer makes treatment shorter, safer, personalized and more effective, ultimately enabling patients to live longer, better lives. Job Description SUMMARY: The Director of Revenue Accounting is responsible for overseeing the revenue accounting function, ensuring accurate and timely revenue recognition, compliance with accounting standards, drive process efficiencies, and provide strategic insights to support commercial decision-making.

Requirements

6-9 years public accounting or relevant industry experience, including knowledge of technical ASC 606 accounting guidance
Background and experience with SAP's Revenue and Accounting ("RAR") module
Ability to effectively coach and manage an accounting team

Nice To Haves

Bachelor's degree in accounting or finance, CPA preferred

Responsibilities

Be the primary subject matter expert on revenue recognition in the company and ensure that revenue is accurately and timely recognized
Partner closely with the sales organization and legal during contract negotiations to ensure that transactions are booked in accordance with the Company's backlog policy
Experience with maximizing system capabilities to drive efficiencies
Provide guidance on moving backlog transactions to revenue and be an integral part of the revenue forecasting process
Supervise, train, develop and mentor revenue accounting team members
Lead and manage the month-end and quarter-end close activities including revenue and cost of revenue recognition in accordance with US GAAP (ASC 606)
Ensure compliance with all SOX controls and requirements
Review high-risk revenue contracts to ensure compliance with ASU 606
Review and prepare revenue related memos ensuring that all relevant facts and circumstances are disclosed, and the appropriate revenue guidance is applied
Develop a strong working relationship with and liaise with the Company's external auditors on all revenue related audit items
Collaborate proactively with cross-functional teams to support the needs of the business and drive operational efficiencies (Sales Ops, Legal, SOX, and Sales)
Develop and perform training within Finance and cross-functionally for revenue considerations relevant to the audience
Drive and implement business process improvements that streamline and automate current business and close processes
Maintain the revenue recognition policy up-to-date with the current changes in regulations.