Manager, Revenue Recognition

at  Micro Focus

Waterloo, ON, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate23 Nov, 2024Not Specified29 Aug, 20247 year(s) or aboveGood communication skillsNoNo
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Description:

OPENTEXT

OpenText is a global leader in information management, where innovation, creativity, and collaboration are the key components of our corporate culture. As a member of our team, you will have the opportunity to partner with the most highly regarded companies in the world, tackle complex issues, and contribute to projects that shape the future of digital transformation.
Working at OpenText is more than just a job; it’s a chance to make a difference. Every day, in every department, uniquely interesting work takes place. OpenText is a forerunner in providing enterprise AI and business intelligence. Our solution allows millions of developers to create solutions to help enterprises gain greater automation, insights, and efficiencies at scale.
Work with a talented and diverse team developing product lines and involvement with partners, technology and professional services.

Responsibilities:

Being THE internal revenue recognition expert and resource available to finance and operational groups globally
Ensuring full compliance with ASC 606, US GAAP and internal policies and procedures relating to revenue recognition and reporting including advice to operational staff throughout the sales cycle, reviewing finalized sales contracts and recommending appropriate accounting treatment
Prepare audit paperwork, written summaries for large license sales and participate in quarterly contract review of all license sales with external audit team
Supervise Revenue Recognition staff
Timely escalation of all unresolved issues
Conduct training sessions for sales and finance staff
Update and keep current the OpenText Revenue Recognition policy
Collaborate with counterparts in the OpenText “Deal Desk” to ensure adherence to US GAAP revenue recognition rules
Review SSP studies
Special projects and ad hoc reporting/analysis as required
Assist with SOX compliance


REQUIREMENT SUMMARY

Min:7.0Max:10.0 year(s)

Marketing/Advertising/Sales

Sales / BD

IT

Graduate

Accounting, CPA

Proficient

1

Waterloo, ON, Canada