Revenue Accounting Manager

4 weeks ago

London, Greater London, United Kingdom Canonical Full time
Join Canonical as a Revenue Accounting Manager

Canonical is a leading provider of open source software and operating systems to the global enterprise and technology markets. Our platform, Ubuntu, is widely used in breakthrough enterprise initiatives such as public cloud, data science, AI, engineering innovation, and IoT. Our customers include the world's leading public cloud and silicon providers, and industry leaders in many sectors. We are a pioneer of global distributed collaboration, with colleagues in 70+ countries and few roles based in offices. Teams meet two to four times yearly in person, in interesting locations around the world, to align on strategy and execution.

The company is founder-led, profitable, and growing. We are hiring a Revenue Accounting Manager to drive revenue recognition process, decisions, systems, and reporting. In our finance function, we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes, and systems into alignment.

We are looking for a professionally qualified accounting leader with expertise in IFRS 15/ASC to build scalable contract review and revenue recognition processes. This lead will work across teams, including product management, legal, FP&A, sales operations, and commercial business systems, to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a high level of automation. We prefer a leader with a deep personal interest in the software and technology industry and ideally some data analytics and software engineering experience.

This is a management position that requires confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency, and speed of reporting as a global tech company.

Key Responsibilities:

  • Collaborate with Product Management, Sales Operations, Sales, Legal, and FP&A teams to design standard contracts
  • Drive process and configuration improvements in NetSuite and related systems for end-to-end automation of the revenue life cycle
  • Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy
  • Review and evaluate the revenue recognition impact of non-standard contracts and new products
  • Lead, mentor, and develop a team of revenue accounting and systems accounting professionals
  • Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
  • Develop and maintain effective internal over revenue transactions and reporting
  • Research and write accounting memos on significant revenue recognition and other policy matters
  • Act as the primary liaison with external auditors in matters related to order-to-cash

Valued Skills and Experience:

  • An exceptional academic track record from both high school and university
  • An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
  • CPA, CA, or equivalent with excellent technical accounting skills and IFRS experience
  • A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
  • Leadership or management responsibility
  • A track record of going above-and-beyond expectations
  • Experience of software licensing, subscription, and services revenue accounting and operations
  • Experience driving revenue recognition and scaling accounting processes in a high-growth environment
  • Experience with ERP, Rev Rec, CRM, CPQ, and other relevant software categories - NetSuite and Salesforce preferred
  • Experience in a multi-country, multi-currency, operations, and tax environment
  • Professional written and spoken English
  • Excellent interpersonal skills, curiosity, flexibility, and accountability
  • Thoughtfulness and self-motivation
  • Result-oriented, with a personal drive to meet commitments
  • Ability to travel twice a year, for company events up to two weeks long

What We Offer:

We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognize outstanding performance. In addition to base pay, we offer a performance-driven annual bonus or commission. We provide all team members with additional benefits, which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.

  • Distributed work environment with twice-yearly team sprints in person
  • Personal learning and development budget of USD 2,000 per year
  • Annual compensation review
  • Recognition rewards
  • Annual holiday leave
  • Maternity and paternity leave
  • Employee Assistance Programme
  • Opportunity to travel to new locations to meet colleagues
  • Priority Pass, and travel upgrades for long haul company events

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