Senior Manager, Subscription Revenue Accounting

Company: Smartsheet Location: Remote (US-based, anywhere in the US where Smartsheet is a registered employer)

Position Overview

Smartsheet is seeking a highly skilled and experienced Senior Manager of Subscription Revenue Accounting to lead the accurate processing and close of subscription services revenue. This role involves overseeing a team, collaborating with various departments, and ensuring compliance with ASC 606. The ideal candidate will be a strong leader with a deep understanding of revenue recognition principles and a passion for developing teams.

Responsibilities

• Revenue Recognition Expertise: Serve as an expert in ASC 606 for subscription services revenue, ensuring all customer contracts are accounted for completely and in compliance with applicable guidance.
• Close Process Management: Lead the monthly close process related to revenue accounting for subscriptions.
• Internal Controls: Implement and operate internal controls, recommending updates as needed to improve processes. Partner with the Head of Internal Audit to consider process improvements and test controls.
• Workpaper Review: Perform monthly reviews of revenue accounting workpapers, fostering a process that delivers high-quality documentation.
• Process Improvement: Implement processes that minimize the potential for error.
• Team Development: Develop, coach, and retain team members as the company grows.
• Cross-Functional Collaboration: Establish and develop cross-functional relationships with key stakeholders in Finance, Legal, Revenue Accounting, Financial Operations, and other departments.
• Internal Controls Compliance: Oversee internal controls compliance, including updating process narratives, risk identification, design, implementation, and ongoing operation of key control activities for subscription revenue accounting. Ensure team members understand their roles and responsibilities related to Internal Controls.

Requirements

• Experience:
  • 10+ years of experience in accounting, with a strong emphasis on ASC 606 revenue accounting.
  • 5+ years of people management experience.
  • SOX experience is required (obtained through public accounting or a publicly traded company).
• Certifications: Current CPA certification.
• Skills:
  • Proven ability to coach and manage teams.
  • Comfort working in an organization that values deadlines.
  • Ability to work cross-functionally and collaborate effectively with various departments.
  • Knowledge of ERP systems (preferably NetSuite).

Company Information

For over 20 years, Smartsheet has empowered people and teams to achieve their goals through seamless work management and smart, scalable solutions. We are building tools that help automate manual tasks, uncover insights, and scale smarter. Smartsheet fosters an environment that encourages big thinking, action, and the pursuit of meaningful work.

US Perks & Benefits

• Health & Wellness: HSA, 100% employer-paid premiums, or Buy-up medical/vision and dental coverage options for full-time employees.
• Retirement: 401k Match (50% of your contribution up to the first 6% of eligible pay).
• Productivity Stipend: Monthly stipend to support work and productivity.
• Time Off: Flexible Time Away Program, plus Sick Time Off.
• Insurance: Company-sponsored life insurance, short-term, and long-term disability plans for US employees.
• Holidays: 12 paid holidays per year for US employees.
• Parental Leave: Up to 24 weeks of Parental Leave.
• Community Involvement: Personal paid Volunteer Day to support the community.
• Professional Development: Opportunities for growth, including access to Udemy online courses.
• Company Funded Perks: Includes a counseling membership, local retail discounts, and a personal Smartsheet account.
• Teleworking: Teleworking options available from any registered location in the U.S. (role specific).

Smartsheet offers a competitive base salary range for this role.