Revenue Accounting Manager

Bengaluru - India

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

GAQ227R133

We are seeking an experienced Revenue Accounting Manager to join our team to lead the revenue accounting function in Bengaluru to ensure accurate timely and compliant revenue recognition for Databricks. Drive close excellence (MEC) strengthen internal controls (SOX-ready) and partner cross-functionally across RevOps Deal Desk Revenue Assurance Sales Ops Legal FP&A and Audit. This position requires close collaboration with our core Revenue Accounting teams based in the U.S. providing essential global financial support to Databricks. This is an individual contributor position and will be the first hire for this function in India !!

The impact you will have:

Ensure proper application of ASC 606 to customer contracts.
Perform and review monthly accounting close activities and deliverables (i.e. journal entries account reconciliations revenue estimate calculations month-end analytics).
Execute and continuously improve MEC
Own revenue subledger-to-GL tie-out; prepare and review journal entries and reconciliations (deferred revenue contract assets unbilled AR).
Perform flux analysis vs. plan/prior period; resolve discrepancies quickly and conclusively.
Sponsor process and system enhancements across ERP billing and revenue automation; define requirements lead UAT and maintain controls and documentation.
Support the financial reporting process by preparing supporting schedules
Establish well-defined checklists calendars and SLAs for MEC and audits; escalate blockers early and bias for action to unblock close.
Evaluate transactions in accordance with revenue policies with minimal supervision.
Provide management insights and recommendations for improving scalability and efficiency
Support the external reporting requirements for the quarterly and annual audits
Drive root cause analysis investigation and documentation for issues impacting scope of responsibility to drive first principle resolution
Analyze large sets of data and identify key drivers to support trends in key financial metrics (i.e. revenue unbilled revenue and deferrer revenue)
Build a strong partnership model with Deal Desk Legal Sales Ops RevOps and FP&A to preempt revenue-impacting terms and resolve issues prior to booking.
Establish and maintain relationships with key business partners
Coach and develop a high-performing team; set clear goals review work quality and raise the bar on documentation controls and cycle time.
Implement and maintain required process & internall controls perform control procedure to ensure compliance with company policy

What we look for:

Bachelors in Accounting/Finance; CA/CPA/ACA certification required
Minimum of 10 years of experience in Revenue Accounting or Quote to cash or related financial operations
2 years of experience managing teams is preferred
Experience with Netsuite & Salesforce are preferred SAP experience also beneficial
Experience with Salesforce and subscription billing platforms is strongly preferred usage-based SaaS ASC 606 contract experience a strong plus
Expert knowledge of MS office suite
Ability to work independently to effectively manage time prioritie tasks and work within deadlines with little supervision
Demonstrated success improving MEC speed/quality internal controls (SOX) and audit outcomes.
Excellent written documentation; confident data-driven communication with cross-functional stakeholders.
Align working hours to support global close and audit windows. Rotating overlap windows within the team for month-end quarter-end and audit cycles. Occasional extended coverage during peak periods
Ability to thrive in a fast-paced environment where priorities can shift and manage multiple workstreams simultaneously
SQL proficiency to generate reports and dashboards are a plus

Required Experience:

Manager

GAQ227R133We are seeking an experienced Revenue Accounting Manager to join our team to lead the revenue accounting function in Bengaluru to ensure accurate timely and compliant revenue recognition for Databricks. Drive close excellence (MEC) strengthen internal controls (SOX-ready) and partner cross...

GAQ227R133

The impact you will have:

Ensure proper application of ASC 606 to customer contracts.
Perform and review monthly accounting close activities and deliverables (i.e. journal entries account reconciliations revenue estimate calculations month-end analytics).
Execute and continuously improve MEC
Own revenue subledger-to-GL tie-out; prepare and review journal entries and reconciliations (deferred revenue contract assets unbilled AR).
Perform flux analysis vs. plan/prior period; resolve discrepancies quickly and conclusively.
Sponsor process and system enhancements across ERP billing and revenue automation; define requirements lead UAT and maintain controls and documentation.
Support the financial reporting process by preparing supporting schedules
Establish well-defined checklists calendars and SLAs for MEC and audits; escalate blockers early and bias for action to unblock close.
Evaluate transactions in accordance with revenue policies with minimal supervision.
Provide management insights and recommendations for improving scalability and efficiency
Support the external reporting requirements for the quarterly and annual audits
Drive root cause analysis investigation and documentation for issues impacting scope of responsibility to drive first principle resolution
Analyze large sets of data and identify key drivers to support trends in key financial metrics (i.e. revenue unbilled revenue and deferrer revenue)
Build a strong partnership model with Deal Desk Legal Sales Ops RevOps and FP&A to preempt revenue-impacting terms and resolve issues prior to booking.
Establish and maintain relationships with key business partners
Coach and develop a high-performing team; set clear goals review work quality and raise the bar on documentation controls and cycle time.
Implement and maintain required process & internall controls perform control procedure to ensure compliance with company policy

What we look for:

Bachelors in Accounting/Finance; CA/CPA/ACA certification required
Minimum of 10 years of experience in Revenue Accounting or Quote to cash or related financial operations
2 years of experience managing teams is preferred
Experience with Netsuite & Salesforce are preferred SAP experience also beneficial
Experience with Salesforce and subscription billing platforms is strongly preferred usage-based SaaS ASC 606 contract experience a strong plus
Expert knowledge of MS office suite
Ability to work independently to effectively manage time prioritie tasks and work within deadlines with little supervision
Demonstrated success improving MEC speed/quality internal controls (SOX) and audit outcomes.
Excellent written documentation; confident data-driven communication with cross-functional stakeholders.
Align working hours to support global close and audit windows. Rotating overlap windows within the team for month-end quarter-end and audit cycles. Occasional extended coverage during peak periods
Ability to thrive in a fast-paced environment where priorities can shift and manage multiple workstreams simultaneously
SQL proficiency to generate reports and dashboards are a plus

Required Experience:

Manager