Director, Revenue Accounting Operations

United States

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$230,400 – $276,500Compensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Software, BiotechnologyIndustries

Requirements

Candidates must possess a BA/BS degree in Accounting, Finance, or a related field, along with a CPA certification or equivalent practical experience. They should have a minimum of 12 years of progressive experience, including at least 7 years in revenue-specific roles, preferably within a Big 4 public accounting firm or a global, publicly traded high-tech organization. Experience in a leadership role in revenue accounting operations at a publicly-traded company is required, as is strong knowledge of US GAAP, particularly ASC 606 for on-premise software revenue and SaaS. Experience with revenue system or ERP implementations, attention to detail, multitasking ability, strong analytical and problem-solving skills, and excellent communication skills are also essential.

Responsibilities

The Director, Revenue Accounting Operations will lead the global revenue close and reporting process, including reviewing controls and reconciliations. They will drive significant process improvements, including automations and system implementations, and play a key role in the company's quarterly revenue forecasting. This role involves developing and training the Revenue Accounting Operations Team across US and India, optimizing workload allocation, and providing thought leadership on revenue accounting policies and processes. Responsibilities also include managing internal controls, improving SOX coverage, acting as a subject matter expert for usage-based SaaS and on-premise contracts, and partnering with Accounts Receivable to understand billing processes and their revenue recognition impacts.

Skills

Revenue Recognition

ASC 606

ASC 340

SOX Controls

Order to Cash Process

Financial Reporting

SaaS

On-premise software revenue

CPA

Accounting Policies

SEC Reporting

Confluent

Data streaming solutions for real-time processing

About Confluent

Confluent specializes in data streaming solutions, focusing on helping businesses manage and process real-time data streams. Its main product is built on Apache Kafka, an open-source platform that allows users to create real-time data pipelines and streaming applications. Clients, including large enterprises and financial institutions, utilize Confluent's tools to collect, process, and analyze data streams, which helps them make quicker and more informed decisions. Unlike many competitors, Confluent offers a subscription-based model for its cloud platform, Confluent Cloud, and its on-premises software, Confluent Platform, ensuring a steady revenue stream. The company also provides professional services like training and consulting to assist clients in optimizing their data streaming solutions. Confluent's goal is to be a leader in the data streaming market, enabling organizations to leverage real-time data for improved operational efficiency.

Mountain View, CaliforniaHeadquarters

2014Year Founded

$443.5MTotal Funding

IPOCompany Stage

Data & Analytics, Enterprise SoftwareIndustries

1,001-5,000Employees

Benefits

Best Teammates on Planet Earth - Loving your job has a lot to do with the people around you. Luckily at Confluent, you will find some of the most genuine people who make you excited to come to work each day.

Adjustable Working Arrangements - While most of our employees work typical business hours, we encourage everyone to partner with their manager to make a schedule that works best for them and Confluent.

Robust Benefits - Health and wellness is important and Confluent is proud to offer a total benefits program that ranks in the top percentile of companies similar in size to our industry in our established geographies.

Rest and Recharge Days - Personal time off is great but it is even better when your whole team has the day. Each quarter, teams have three recharge days where the entire team logs off and refreshes before coming back to work.

Weekly Lunch Spend - At Confluent, we have a weekly lunch program called “No Pay Thursday.” On Thursdays, lunch is provided by Confluent at local restaurants and grocery stores, taxes may apply for some countries.

Flexible Paid Time Off (PTO) - Confluent employees work really hard to meet the needs of our growing and scaling business. To make sure that we don’t burn out, we encourage everyone to balance their PTO in an adequate way.

Risks

CTO Chad Verbowski's retirement may lead to a temporary leadership vacuum.

WarpStream acquisition may present integration challenges, disrupting operations.

Participation in MongoDB AI Program exposes Confluent to competitive pressures.

Differentiation

Confluent's platform is based on Apache Kafka, a leading open-source data streaming technology.

The company offers a subscription-based model, ensuring steady recurring revenue streams.

Confluent's solutions cater to diverse industries, enhancing real-time data processing capabilities.

Upsides

Increased adoption of Apache Flink complements Confluent's existing Apache Kafka-based solutions.

Integration with MongoDB's AI Applications Program enhances AI-driven data processing capabilities.

The OEM Program launch can drive new partnerships and expand market presence.

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