Senior Manager, Revenue Accounting

Bio-TechneMinneapolis, MN
2dOnsite

About The Position

By joining Bio-Techne, you’ll join a company with a powerful and positive purpose of enabling cutting-edge research in Life Sciences and Clinical Diagnostics. Bio-Techne, and all of its brands, provides tools for researchers to further treat and prevent disease worldwide. Pay Range: $115,900.00 - $190,450.00 Position Summary: We are seeking an experienced and detail-oriented Senior Manager of Revenue Accounting to lead our revenue recognition processes and ensure compliance with applicable accounting standards (ASC 606). The ideal candidate will oversee revenue accounting operations, manage complex revenue transactions, collaborate closely with finance, sales, and legal teams, and provide strategic insights to support business objectives . This role requires strong technical expertise in revenue recognition, leadership skills, and the ability to drive process improvements in a n evolving environment.

Requirements

  • Requires a bachelor’s degree in related field and 8-10 years of progressive relevant experience
  • 5 or more years management experience preferred
  • Bachelor’s degree in Accounting , Finance, or related field; CPA or equivalent professional certification preferred.
  • Proven expertise in ASC 606 revenue recognition standards and experience applying them in complex contract environments.
  • Experience managing and developing high-performing teams.
  • Strong analytical skills with attention to detail and accuracy.
  • Excellent communication and interpersonal skills, capable of working across diverse team s .
  • Ability to manage multiple priorities in a fast-paced, deadline-driven environment.

Nice To Haves

  • Experience in contracts with multiple performance obligations and royalties is highly desirable.

Responsibilities

  • Lead and manage the revenue accounting team, providing mentoring, training, and professional development.
  • Support month-end processes related to revenue.
  • Oversee recognition of revenue according to applicable standards, including complex arrangements.
  • Collaborate with cross-functional teams (Sales, Legal, Finance, and IT) to assess contract terms and revenue arrangements, providing guidance on revenue recognition policies.
  • Develop, implement, and maintain internal controls and accounting policies related to revenue.
  • Review and validate accounting entries, reconciliations, and reports, ensuring accuracy and compliance with royalty and commissions contracts .
  • Drive process improvements and automation initiatives to enhance efficiency, accuracy, and compliance.
  • Stay current with changes in accounting standards, regulations, and industry best practices related to revenue recognition.

Benefits

  • We offer competitive insurance benefits starting on day one: medical, dental, vision, life, short-term disability, long-term disability, pet, and legal and ID shield.
  • We invest in our employees’ financial futures through 401k plans, an employee stock purchase plan (ESPP), Health Saving Account (HSA), Flexible Spending Account (FSA), and Dependent Care FSA.
  • We empower our employees develop their careers through mentorship, promotional opportunities, training and development, tuition reimbursement, internship programs, and more.
  • We offer employee resource groups, volunteer paid time off, employee events, and charity drives to build a culture of caring and belonging.
  • We offer an accrued leave policy with paid holidays, paid time off, and paid parental leave.
  • We foster a culture of empowerment and innovation, where employees feel valued and encouraged to bring their new ideas to the table.
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