Senior Manager, Revenue Recognition - PowerSchool Group LLC

PowerSchool is seeking an energetic and dedicated Senior Manager of Revenue Accounting to join our expanding Accounting team, situated in a vibrant and fast-paced environment. Reporting to the Director of Revenue, this pivotal role plays a crucial part in maintaining the integrity of our worldwide revenue accounting practices. It requires a combination of leadership qualities, profound accounting expertise, strategic insight, and a forward-thinking approach to refining processes and internal controls. This position merges both the technical and operational facets of revenue management, focusing on the detailed analysis of standard and non-standard sales contracts, essential for ensuring compliance with intricate accounting standards and strengthening our control framework. The successful candidate will excel in working with diverse teams, such as Legal, Sales, and Professional Services, aiming to enhance accounting practices and the contract review process.

Essential duties and responsibilities include the following. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Engage with cross-functional departments to provide expert knowledge of ASC606 guidance for complex revenue contracts and transactions.
• Conduct comprehensive reviews of all standard and non-standard new sales contracts, with a focus on identifying multiple performance obligations and ensuring proper revenue recognition.
• Research technical revenue accounting issues for complex revenue arrangements, documenting the company's position in a formal memo.
• Serve as a technical accounting resource for the team, providing guidance and support on complex and unusual contracts to ensure proper accounting treatment.
• Engage in continuous improvement initiatives to streamline the contract review process and enhance the overall efficiency and effectiveness of the Revenue Accounting function, while ensuring strict adherence to SOX compliance standards
• Provide support to external and internal auditors during quarterly and annual audits, ensuring all necessary documentation and explanations are available to facilitate a thorough and streamlined audit process.

• Qualifications include:

  • Bachelor’s degree in Accounting or Finance; CPA preferred
  • 6+ years of experience in a public accounting firm with enterprise software and/or SaaS industry/client experience OR/AND a publicly traded, high-tech organization
  • Proficient in the use of NetSuite and Salesforce, with the ability to filter and analyze large datasets
  • Strong understanding of ASC 606 principles and US GAAP
  • Capable of working with cross functional teams
  • Demonstrate ability to spearhead and project manage major programs to successful completion
  • Excellent written and verbal communication skills with the ability to communicate with all levels within the organization
  • Strong leadership skills with the ability to manage and mentor

PowerSchool offers the following benefits:

• Comprehensive Insurance Coverage (including Medical, Dental, Vision, Pharmacy benefits, Life Insurance and AD&D)​
• Flexible Spending Accounts
• Health Savings Accounts​ with employer match
• Short-Term Disability and Long-Term Disability​
• Comprehensive 401(k) plan​ with employer match
• Generous Parental Leave​
• Unrestricted paid time off (known as Discretionary Time Off - DTO) ​
• Paid Community and Volunteer Time Off (VTO)​
• Wellness Program, including ClassPass & Employee Assistance Program​
• Tuition Reimbursement​
• Optional Benefits: Pet Insurance, Identity Theft Protection, Student Debt Repayment Program and Prepaid Legal coverage​.

​A reasonable estimate of the base compensation range for this position is $130,000 – $160,000 USD. The compensation range is specific to the United States and incorporates many factors including but not limited to an applicant’s skills and prior relevant experience and training; licensures, degrees, and certifications; internal equity; internal pay ranges; and market data/range parameters.

PowerSchool is committed to a diverse and inclusive workplace. PowerSchool is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Our inclusive culture empowers PowerSchoolers to deliver the best results for our customers. We not only celebrate the diversity of our workforce, we celebrate the diverse ways we work. If you have a disability and need an accommodation regarding our recruiting process, please let us know by emailing accommodations@powerschool.com.

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