Vendavo is the leading provider of Commercial Excellence solutions across Opportunity to Order processes for business-to-business companies worldwide. Commercial Excellence looks at each step of this process to ensure our clients are using data and science to improve financial outcomes. We help some of the world’s biggest companies optimize every step of this process to help improve win rates, prices, and profitability. We help our customer reduce the time to quote through CPQ, identify the right target price for every deal, better recover cost-to-serve, manage their channel business with the right incentives and enable their sales force with relevant analytical data. Over 100 Leading Fortune 2000 companies across the chemicals, high-tech, industrial manufacturing, and distribution industries leverage Vendavo solutions to drive higher profits. We’re making a difference in business, and we’re looking for energetic, talented professionals to grow our team. If you are someone who is driven to make a global impact and believes in a culture of mutual respect, with focus on customer success, then you need to join us here at Vendavo! Come help us grow! Vendavo is headquartered in Denver, CO and has offices around the globe. Learn more at vendavo.com.

Job Title and Location: Software Revenue Accounting Manager, located in Denver, Colorado

Reports to: VP Controller

About the Position:  We are seeking a technical accounting expert who specializes in software revenue recognition.  We sell our software and implementation services using perpetual, time-based, percentage of completion, and SaaS models.  This position is an individual contributor role.

Required Experience:

• Must have had a significant role in the implementation of ASC 606 at a software company
• Must be expert level in current software revenue recognition rules (ASC 605-985, 605-25 and 605-35)
• Must be a CPA with 4-6+ years of experience working in public accounting (or equivalent experience)
• Able to defend positions taken with auditors
• Strong excel skills
• Familiarity with purchase accounting rules as they relate to deferred revenue
• Experience establishing and maintaining support for VSOE

Nice to Have Experience:

• 2+ years working in the revenue function of a software company
• Experience with NetSuite
• Transaction tax background (sales, use, etc…)

Duties:

• Read and interpret existing customer contracts
• Own the monthly close of revenue which includes:
  • Preparation of percentage of completion calculations,
  • Preparation of journal entries,
  • Reconciliation of deferred revenue and unbilled receivable accounts
  • Maintaining excel spreadsheets for revenue by customer and other reporting needs
• Partner with the sales and legal organizations to review and properly structure new customer contracts
• Review closed customer contracts and approve the contract for booking.
• Collaborate with FP&A team to forecast revenue including presentation to CFO on a monthly basis which includes:
  • Meetings with consulting team management to track customer project status to ensure percentage of completion calculations are accurate
  • Maintain forecast for recurring revenue streams (i.e. hosting, cloud and maintenance)
• Sales and use tax liaison with tax firm
• Help determine proper revenue recognition for new revenue models
• Coordinate and update monthly bookings report
• Write technical memos on accounting for new revenue contracts
• Ability to meet close deadlines and work overtime when needed
• Ability to support the billing and collection team when needed
• Strong written and verbal skills – at the tactical and strategic levels
• Ability to work with remote team members
• Ability to identify and resolve accounting issues through analysis and investigation

Relocation:  A modest amount of reimbursement for relocation could be made available for the right candidate.  Local candidates preferred. 

Send Resumes to: [email protected] No recruiters – sorry.