Mgr, Accounting

F5 Networks•Seattle, WA

4d•Hybrid

About The Position

F5, Inc. is hiring a Manager, Accounting in Seattle, Washington. The role focuses on revenue accounting and recognition, including providing accounting guidance to management, sales, and other stakeholders; participating in the accounting close; reviewing revenue transactions; and resolving discrepancies. The manager develops and maintains processes, procedures, and controls for recording transactions, responds to revenue-related requests from foreign subsidiaries, and evaluates customer contracts for revenue-recognition implications and risk mitigation. The position also assesses contract-adjustment requests, prepares standard and complex journal entries, reconciles balance sheet and income statement accounts, performs revenue analytics, and responds to auditor requests. It provides guidance to accounting staff and interns, reviews specified high-risk transaction types, oversees the team’s public cloud process involving AWS, Azure, and Google Cloud services, and performs technical accounting analysis related to the Company’s Term License Subscription methodology. The role is hybrid from F5’s Seattle offices, with part-time telecommuting available. The listed salary range is $120,600 to $180,000 per year. F5 also notes potential incentive compensation, bonuses, restricted stock units, and benefits.

Requirements

Bachelor’s degree or foreign equivalent in Business Administration, Accounting, or a related discipline.
At least 3 years of experience in the job offered or a related occupation.
Experience managing revenue accounting and revenue-recognition compliance with accounting standards and regulations.
Experience overseeing revenue-recognition policies and procedures.
Experience reviewing and reconciling accounts, analyzing revenue trends, and identifying potential issues or discrepancies.
Experience managing monthly close for revenue-related accounts and preparing monthly revenue reports.
Experience assisting with development and implementation of internal controls related to revenue accounting.
Any suitable combination of education, training, and experience is acceptable.

Responsibilities

Provide accounting guidance on transactions affecting revenue to management, sales, and other stakeholders.
Participate in the accounting close process.
Review revenue transactions and resolve discrepancies.
Work with management to develop transaction-booking processes, procedures, and controls.
Respond to foreign subsidiaries’ requests concerning revenue-related matters.
Evaluate customer contracts for potential revenue-recognition impacts and work with stakeholders to mitigate risk.
Assess requests regarding contract adjustments.
Prepare standard and complex journal entries.
Reconcile balance sheet and income statement accounts.
Perform analytics on revenue and related balances.
Pull data and respond to auditor requests.
Provide guidance to accounting staff and interns.
Review specified high-risk transaction types.
Oversee the team’s public cloud process involving AWS, Azure, and Google Cloud services.
Provide technical accounting analysis on the Company’s Term License Subscription methodology.
Manage revenue accounting processes to ensure compliance with accounting standards and regulations.
Oversee implementation and maintenance of revenue-recognition policies and procedures.
Review and reconcile accounts, analyze revenue trends, and identify potential data issues or discrepancies.
Manage the monthly close process for revenue-related accounts and prepare monthly revenue reports for management.
Assist with developing and implementing internal controls related to revenue accounting.