Manager, Revenue Accounting, Regional
3 weeks ago
The Red Hat APAC Revenue Accounting team is seeking a Manager, Revenue Accounting, to join us in Singapore. In this role, you will be responsible for the day-to-day accounting and compliance activities of the APAC Revenue Accounting team related to the risks involved with complex revenue arrangements. You'll need to communicate clearly and effectively with other groups inside and outside of the Finance team, including Deal Desk, Sales, Legal, Project Accounting, Sales Operations, IT Support, and product owners. We will need you to be highly motivated with creative problem-solving, analytical skills, and a basic understanding of accounting principles under U.S. GAAP, especially regarding revenue recognition.
What you will do:
Manage the day-to-day functions of the APAC Revenue team
Partner with Red Hat’s leaders in Sales, Sales Operations, Legal, Finance, and Product teams to construct sales contracts that align business objectives with accounting requirements
Provide sound technical revenue accounting guidance to your team and your stakeholders
Review of detailed revenue recognition checklists on significant and complex revenue contracts
Manage the monthly revenue accounting process, including journals, reconciliations, revenue sub-ledger close, and reporting and disclosures
Act independently on process improvement initiatives
Coach and develop highly effective associates
Work with the Project Accounting team in setting up and reviewing services projects to ensure appropriate revenue recognition.
Ensure compliance with internal controls and processes to ensure adherence to Sarbanes-Oxley policies.
Communicate with internal and external audit teams to support quarterly reviews and annual audit activities.
Review complex deal structures to ensure compliance with revenue recognition guidelines.
Work closely with other departments inside and outside of Finance on special projects as needed.
What you will bring:
Bachelor's degree in accounting; master's degree is a plus
Certified Public Accountant (CPA) qualification with 6+ years of progressive experience, including Big 4 or a combination of public accounting and industry
Experience with accounting guidance in ASC 606 – Revenue from Contracts with Customers
Great interpersonal communication skills
Highly productive and motivated with a great work ethic and commitment to excellence
High sense of accountability
Ability to manage multiple priorities by identifying and engaging appropriate resources to deliver under given time constraints and deadlines
Willingness to work extra hours during quarter-end and other high-volume times when necessary
Experience with software and technology companies is a plus
Experience with Oracle, RevStream, and SAP BusinessObjects (BOBJ) is a plus
#LI-EG
About Red Hat
is the world’s leading provider of enterprise software solutions, using a community-powered approach to deliver high-performing Linux, cloud, container, and Kubernetes technologies. Spread across 40+ countries, our associates have the flexibility to choose the work environment that suits their needs from in-office to fully remote to office-flex. Red Hatters are encouraged to bring their best ideas, no matter their title or tenure. We're a leader in open source because of our open and inclusive environment. We hire creative, passionate people ready to contribute their ideas, help solve complex problems, and make an impact. Opportunities are open. Join us.
Diversity, Equity & Inclusion at Red Hat
Red Hat’s culture is built on the open source principles of transparency, collaboration, and inclusion, where the best ideas can come from anywhere and anyone. When this is realized, it empowers people from diverse backgrounds, perspectives, and experiences to come together to share ideas, challenge the status quo, and drive innovation. Our aspiration is that everyone experiences this culture with equal opportunity and access, and that all voices are not only heard but also celebrated. We hope you will join our celebration, and we welcome and encourage applicants from all the beautiful dimensions of diversity that compose our global village.
Equal Opportunity Policy (EEO)
Red Hat is proud to be an equal opportunity workplace and an affirmative action employer. We review applications for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, citizenship, age, veteran status, genetic information, physical or mental disability, medical condition, marital status, or any other basis prohibited by law.
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