Senior Manager, Revenue Accounting

Strata Decision Technology•Chicago, IL
•$125,000 - $145,000

About The Position

The Senior Manager, Revenue Accounting leads Strata Decision Technology’s revenue accounting function, ensuring compliance with U.S. GAAP and ASC 606 while supporting the company’s growth. The role oversees revenue close activities and internal controls, partners with Sales, FP&A, Business Operations, Deal Desk, Legal, Finance, and IT, and provides technical accounting guidance on complex customer arrangements. It reports to the VP of Accounting and manages five members of the revenue accounting team. The ideal candidate has significant SaaS revenue recognition experience, strong people leadership skills, and the ability to improve processes in a fast-paced, high-growth environment. The role also supports system implementations, acquisitions, special projects, and other strategic initiatives.

Requirements

  • Bachelor’s degree in Accounting or Finance.
  • At least 8 years of progressive accounting experience, including significant revenue accounting experience.
  • Strong knowledge of U.S. GAAP and ASC 606.
  • Experience in a SaaS or subscription-based software company.
  • Experience managing or mentoring accounting professionals.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong communication skills and ability to explain technical accounting concepts to non-finance stakeholders.

Nice To Haves

  • CPA license.
  • NetSuite ERP experience.
  • Experience in a high-growth technology environment.
  • Public accounting experience at a Big Four or national firm.

Responsibilities

  • Lead all aspects of revenue accounting and revenue recognition in accordance with ASC 606.
  • Manage monthly, quarterly, and annual revenue close processes to ensure timely and accurate financial reporting.
  • Review and interpret customer contracts to determine appropriate revenue recognition treatment.
  • Partner with Sales, Deal Desk, and Legal to evaluate non-standard contract terms and their accounting implications.
  • Oversee deferred revenue, accounts receivable and related reserves, commissions accounting, and related balance sheet reconciliations.
  • Ensure the completeness and accuracy of revenue-related journal entries and account reconciliations.
  • Maintain and enhance revenue accounting internal controls, supporting SOX compliance and audit readiness.
  • Research and document technical accounting conclusions for complex transactions.
  • Drive process improvements, automation initiatives, and system enhancements to improve efficiency and scalability.
  • Develop, mentor, and manage five revenue accounting team members.
  • Collaborate with Finance and IT on company initiatives, system implementations, and business growth.
  • Assist with special projects, acquisitions, and other strategic initiatives as needed.

Benefits

  • Retirement benefits.
  • Health and welfare benefits.
  • Paid time off.
  • Parental leave.
  • Life and accident insurance.
  • Other voluntary and well-being benefits.
  • Discretionary variable pay programs based on role.
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