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Revenue Recognition Manager

Bedford, MA 01730

Posted: 09/07/2023 Employment Type: Direct Hire/Perm Job Category: Accounting & Finance Job Number: 566669 Country: United States Is job remote?: No

Job Description


Key Responsibilities/Essential Functions
  • Review of revenue contracts and preparation of memorandum documentation in accordance with US Generally Accepted Accounting Principles (GAAP)
  • Develop and maintain robust tracking and monitoring processes to ensure complete and accurate recording of revenues, including royalty, license and milestone related revenues
  • Compiles data from disparate sources and from various departments to identify and assess achievement of revenue recognition criteria
  • Develop revenue recognition guidelines (“Play book”) for business use in negotiations and modeling of opportunities
  • Partnering with FP&A in the review and analysis of revenue recognition (commercial product, Pharma Services, licensing, etc.) to enhance forecast accuracy
  • Provides accurate and timely processing of month end, quarter end and year end financial close requirements; Prepare and/or review entries and account reconciliations related to revenue; Close collaboration with FP&A team on monthly revenue variance analysis
  • Effectively communicate with FP&A, Commercial and Corporate Development to develop and maintain revenue tracking and revenue recognition data sets
  • Contribute to the planning and assessment of new initiatives or business cases (i.e. M&A, licensing etc.) as needed;
  • Prepare presentation and training materials as needed to support continuous development for various departments of revenue recognition knowledge
  • Provide actionable insight on performance against business unit KPI’s
  • Support Finance team’s facilitation of cross-functional implementation of new or improved processes/systems for all related financial systems critical to core organizational functions
  • Manage multiple projects, indirect reports and competing priorities simultaneously
  • Develop and maintain relationships with various levels of personnel
  • Perform ad-hoc analysis and projects as required
  • Challenge processes and the status quo to drive improvements
Job Requirements
  • BA/BS degree in Accounting, Finance or equivalent. MBA and/or CPA certification preferred, not required.
  • Minimum years of experience: 5+, 2+ revenue recognition focus
  • Advanced Microsoft Excel skills with the ability to provide meaningful analysis and controls.
  • Life Sciences industry experience/knowledge preferred
  • Demonstrate strong business acumen.
  • Strong understanding of GAAP, focused on ASC 606 and other relevant revenue recognition standards.
  • Experience in performing technical research and writing position papers
  • Feel comfortable challenging business partners and make recommendations.
  • Critical thinking and problem solving skills.
  • Roll up the sleeves attitude and demonstrates strong attention to detail.
  • Ability to oversee and build development of others in a fast paced environment
  • Must have excellent verbal communication and organizational skills.
  • Strong interpersonal skills including the ability to communicate effectively with individuals across all levels. 
  • Ability to work in a fast paced, collaborative, team environment with tight deadlines. 
  • Commitment to quality and excellence, upholding the highest professional standards.
 
 

The staffing industry has seen an increase in people falsely representing themselves as recruiters to gather personal information from job seekers. For your safety, do not provide sensitive data to anyone you have not spoken with thoroughly, never provide banking information during the application process and always double check the email address of the Recruiter to ensure it’s from an official Planet domain (@theplanetgroup.com, @theplanetforward.com, @planet-technology.com, @planet-pro.com, @planetinteractive.com, @pfes.com, @launchcg.com, @planet-pharma.com, @planet-healthcare.com) - and not a domain with an alternative extension like .net, .org or .jobs.

The Planet Group and our companies are equal opportunity employers. It is our practice not to discriminate against any employee or applicant based on any criteria, condition or basis protected by laws or regulations in the locations where we do business. All qualified applicants are encouraged to apply. We celebrate diversity and are committed to providing an environment of mutual respect. We believe that diversity, equity and inclusion enable us to better meet our mission and values while serving our clients across the globe. If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter, or contact us, so that we can discuss the appropriate alternatives available.

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About Bedford, MA

Explore exciting job opportunities in and around Bedford, Massachusetts! Located in Middlesex County, just a short drive from Boston, this charming town offers a perfect blend of suburban tranquility and urban convenience. With close proximity to historic sites like the Bedford Flag and the Minute Man National Historical Park, as well as a thriving arts scene showcased at the Higgins Art Gallery, job seekers can enjoy a rich cultural experience while advancing their careers. Indulge in delicious New England cuisine, catch a show at the nearby Merrimack Repertory Theatre, or cheer on the beloved Boston Red Sox at Fenway Park. Embrace the picturesque beauty of nature at nearby Bedford Center Park or take a stroll by the Concord River. Don't miss the chance to grow both personally and professionally in this vibrant and dynamic region!
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