Manager of Revenue Accounting

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About Druva

Druva enables cyber, data and operational resilience for every organization with the Data Resiliency Cloud, the industry’s first and only at scale SaaS solution. Customers can radically simplify data protection, streamline data governance, and gain data visibility and insights as they accelerate cloud adoption. Druva pioneered a SaaS-based approach to eliminate complex infrastructure and related management costs, and deliver data resilience via a single platform spanning multiple geographies and clouds. Druva is trusted by thousands of enterprises, including 60 of Fortune 500, to make data more resilient and accelerate their journey to the cloud. Visit druva.com and follow us on LinkedIn, Twitter and Facebook.

Position Summary

The Manager of Revenue Accounting reports to the Senior Manager of Revenue Accounting.  This role is an individual contributor position with no direct reports. In this position, you will assist with the entire revenue accounting and close process. We are looking for individual that want to scale controls, improve processes, and leave a legacy while taking Druva’s accounting function to the next level. If you thrive in a fast-paced, dynamic environment, and are ready for the adventure awaits you at Druva, then keep on reading!  

This role will work closely with cross functional teams to ensure timely and accurate recording and reporting of revenue. The ideal candidate has experience with multiple element arrangements, complex revenue transactions, can think strategically on a process level, and also execute in the details.

Responsibilities include, but are not limited to:

  • Perform and/or manage revenue system processes and validate close data for accuracy and completeness
  • Assist with contract analysis review and apply critical thinking to ensure proper revenue recognition in accordance with company policy and ASC 606 revenue recognition accounting standards
  • Assist with ASC 606 revenue accounting analyses such as Standalone Selling Price analysis, Contract Combination assessment, Contract Modification assessment, and Material Right assessment
  • Perform revenue month-end close activities: prepare journal entries, reconciliations, flux analyses, related reporting and disclosures, etc.
  • Take ownership of the consumption based revenue stream (Phoenix)
  • Assist with process improvement initiatives to further streamline revenue process as business expands and shorten the revenue close calendar.
  • Work with the external auditors to provide the required support for the quarterly reviews and annual audit.
  • Assist with developing and documenting public company-caliber controls and procedures to assist with narratives and risk control matrices
  • Supporting ad-hoc accounting projects and analysis as required, including data analysis and management reporting, design of accounting operational processes, efficiency improvements, automation, etc.

Minimum Qualification:

  • Bachelor's degree in Accounting, Finance or related field of study
  • 5-7 years of relevant revenue accounting experience 
  • Technical accounting knowledge of ASC 606
  • Excellent verbal and written communication, collaborative, ability to work cross-functionally at all levels
  • Detailed-oriented with excellent analytical skills
  • Strong organizational skills and ability to meet tight deadlines
  • Excellent computer skills with MS Office software, including Excel, Word, and PowerPoint
  • Must be a self-starter, team player and able to work in a fast paced, rapidly changing environment.

Preferred Qualifications:

  • CPA
  • Mix of industry and Big 4 experience
  • Experience with high-growth companies, ideally in the Software or SaaS industry
  • Strong financial systems background and NetSuite experience
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Location

150 Mathilda Pl, Sunnyvale, 94086

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