Data Direct Networks

  • Revenue Recognition Manager

    Job Locations US-CA-Chatsworth
    Job Posted Date 2 weeks ago(11/26/2018 9:54 AM)
    Job ID
    2018-2322
  • Overview

    DataDirect Networks (DDN.com) is a world leader in massively scalable storage. We are the leading provider of data storage and processing solutions and professional services that enable content-rich and high-growth IT environments to achieve the highest levels of systems scalability, efficiency and simplicity. DDN enables enterprises to extract value and deliver results from their information. Our customers include the world's leading online content and social networking providers, high performance cloud and grid computing, life sciences, media production organizations and security & intelligence organizations.

    Job Description

    We are currently seeking an Revenue Recognition Accountant.

     

    Job Summary:

     

    The company is seeking a Revenue Recognition Accountant who will be responsible for performing insightful and impactful revenue analysis. This person will play an integral part in the daily analysis of inbound revenue transactions. Their responsibilities include working directly as a finance business partner with Sales and Operations on deal structure, defining revenue recognition framework, analyzing pricing for ESP/VSOE of fair value for all products, service and support, preparing all revenue processing and transaction/analyses. Role will also interface with the external auditors on any revenue recognition issues specific to customer accounts and/or analyses performed/reviewed as necessary. The successful candidate will be a strong communicator, a versatile business partner with strong business acumen, coupled with exceptional technical strength that can provide proactive guidance and leadership on deal structuring and project management. 

     

    Responsibilities for this role include but are not limited to:

    • Collaborate with Sales organization, order management team, corporate legal team to insure that all revenue transactions are booked in accordance with the Company’s revenue recognition policy. 
    • Participate in discussions, review draft contracts, and provide recommendations for recognition in accordance with relevant accounting literature and Company’s Revenue Recognition Policy.
    • Document revenue contracts and related revenue accounting treatment under current revenue recognition rules. 
    • Evaluate revenue recognition treatment by preparing a revenue recognition checklist for each contract or amendment. 
    • Publish accounting memo as necessary to document the Company’s accounting positions.Work actively with external auditors to ensure that revenue recognition interpretations are consistent and compliant with GAAP. 
    • Responsible for the monthly close on revenue accounting to ensure proper accrual or deferral of revenue as appropriate. 
    • Work with the Company’s international entities team to ensure proper recognition of the Company’s revenue and cost and timely reporting.
    • Maintain and update internal Sarbanes-Oxley documentation for revenue recognition and support internal audits of related controls. 
    • Processes and automation of the implementation of Oracle and Essbase analysis as applicable. 
    • Support all revenue recognition disclosures in all financial reporting requirements. 
    • Create detailed revenue reporting as needed for management purposes as well as other process and control improvement as required. 
    • Implement new revenue recognition guidance including establishing processes, policies and procedures to be in compliance with new guidance. 
    • Provide revenue recognition guidance & training to various teams at the international and domestic locations during the year.


    Qualifications for this role are:

    • The ideal candidate will be a CPA, with strong analytical, business partnering, and interpersonal skills.
    • Strong business acumen and the ability to influence change through written and verbal communications are imperative.
    • Position requires the ability to communicate professionally, clearly and effectively to target audiences.
    • Results oriented.
    • Strong attention to details. CPA required, BA in Accounting or Related Majors or equivalent work experience. 
    • 7 - 10 years progressive experience plus relevant managerial roles, Big 4 required. 
    • Strong technical Revenue Recognition experience, significant knowledge of SOP 97-2, SAB 104, and all related guidance regarding revenue recognition in a publicly traded, high-tech company.

    DDN Core Characteristics

    DDN has a very strong orientation towards these 4 characteristics and any successful employee will demonstrate these capabilities: 

     

    Self-Starter - Takes independent action to identify and solve problems. Seeks out relevant information needed to make decisions. Gets involved with new initiatives. 

    Success/Achievement Orientation - Delivers quality results consistently. Targets, achieves (or exceeds) measurable results. Sets challenging goals, focuses on critical priorities, and is accountable. 

    Problem Solving - Recognizes problems and responds with a systematic assessment that identifies and addresses cause of issue. Practical, realistic, and resourceful. 

    Innovative - Builds and improves key business processes that enhance the effectiveness of DDN. Generates new ideas, challenges the status quo, and solves problems creatively.

     

    DataDirect Networks, Inc. is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, gender expression, transgender, sex stereotyping, sexual orientation, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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