Red Hat Manager, Revenue Accounting in Raleigh, North Carolina

Job description

Company description

At Red Hat, we connect an innovative community of customers, partners, and contributors to deliver an open source stack of trusted, high-performing solutions. We offer cloud, Linux, middleware, storage, and virtualization technologies, together with award-winning global customer support, consulting, and implementation services. Red Hat is a rapidly growing company supporting more than 90% of Fortune 500 companies.

Job summary

The Red Hat North America Revenue Accounting team is seeking a Manager, Revenue Accounting to join us in Raleigh, NC. In this role, you will be responsible for the day-to-day accounting and compliance activities of the North America Revenue Accounting team as related to the risks involved with complex revenue arrangements. You'll need to be able to communicate clearly and effectively with other groups both inside and outside of the Finance team, including Bid Desk, Sales, Legal, Project Accounting, Sales Operations, IT Support, and product owners. We will need you to be highly motivated with creative problem solving and analytical skills, as well as a basic understanding of accounting principles under U.S. GAAP, especially as it relates to revenue recognition.

Primary job responsibilities

  • Manage the day-to-day functions of the North America Revenue team

  • Prepare review of detailed revenue recognition checklists on significant and complex revenue contracts

  • Review period-end close process by preparing account reconciliations and journal entries

  • Work with the Project Accounting team in setting up and reviewing services projects to ensure appropriate revenue recognition

  • Review annual VSOE study as it relates to historical price studies for our services offerings

  • Ensure compliance with internal controls and processes to ensure adherence to Sarbanes-Oxley policies in the order to cash process

  • Communicate with quarter-end external audit

  • Review complex deal structures to ensure compliance with revenue recognition guidelines

  • Work closely with other departments inside and outside of Finance on special projects as needed

Required skills

  • Bachelor's degree in accounting; master's degree is a plus

  • 6+ years of accounting experience; technical accounting experience is an advantage

  • Experience with SOP 97-2 (ASC 985-605), software revenue recognition

  • Knowledge of U.S. GAAP

  • Active CPA license

  • Excellent interpersonal skills

  • Willingness to work extra hours during quarter-end and other high-volume times when necessary

  • Experience at a Big 4 or other global public accounting firm is a plus

  • Experience with Hyperion and Oracle is a plus

Red Hat is proud to be an equal opportunity workplace and an affirmative action employer. We review applications for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, citizenship, age, uniformed services, genetic information, physical or mental disability, medical condition, marital status, or any other basis prohibited by law.

Job ID 54984

Department Finance

Location US - NC - Raleigh

Posting date 11/29/2016

Remote base ..