Director, Revenue Recognition

Kaseya
Miami, FL Full Time
POSTED ON 3/2/2024

Kaseya® is the leading provider of complete IT infrastructure and security management solutions for Managed Service Providers (MSPs) and internal IT organizations worldwide. Kaseya’s best-in-breed technologies allow organizations to efficiently manage and secure IT to drive sustained business success. Kaseya has achieved sustained, strong double-digit growth over the past several years and is backed by Insight Venture Partners www.insightpartners.com), a leading global private equity firm investing in high-growth technology and software companies that drive transformative change in the industries they serve.

Founded in 2000, Kaseya currently serves customers in over 20 countries across a wide variety of industries and manages over 15 million endpoints worldwide. To learn more about our company and our award-winning solutions, go to www.Kaseya.com and for more information on Kaseya’s culture, please click here: Kaseya Culture.

Kaseya is not your typical company. We are not afraid to tell you exactly who we are and our expectations. We have achieved record levels of success being BOLD, being GRITTY, being ACCOUNTABLE. The thousands of people that succeed at Kaseya are prepared to go above and beyond for the betterment of our customers, and the betterment of their careers and long-term financial wealth. 

Director of Revenue Recognition – Miami, FL 

Full-Time Position 

WHAT WE ARE LOOKING FOR: 

As the Director of Revenue Recognition, you'll lead our financial symphony by overseeing and optimizing revenue recognition processes. Your strategic guidance and expertise in compliance will be instrumental in steering our organization's financial success. If you're a seasoned leader with a knack for precision in revenue recognition, join us in orchestrating excellence! 

WHAT YOU’LL DO: 
 
As the Director of Revenue Recognition, you will play a critical role in managing the company's revenue recognition processes and ensuring adherence to accounting standards. Reporting to the CAO, you will lead a team of revenue recognition specialists, collaborating with cross-functional teams such as finance, legal, and sales, to ensure accurate and timely revenue recognition across a complex and dynamic revenue stream. 
 
ESSENTIAL DUTIES AND RESPONSIBILITIES: 

  • Experience in creating an environment where people want to achieve their best. You should be able to motivate direct reports, team or project members and have a keen sense of how to assess individuals or a team to ensure you are maximizing their potential. Experience should include specific examples of growing/developing a team via your management approach to help develop competency and empowering others to make decisions.  
  • Proven ability to deliver and drive to results in measurable and defined ways.  
  • Process management excellence – Resourceful in creating or fine tuning the processes necessary to complete the work along with the ability to organize people and activities.  
  • Understands personal productivity and how to measure it and see synergy and integration where others can’t as a solution provider, not a task master. Simplifies complex processes, gets more out of resources to hand.  
  • Exceptional problem solver – uses rigorous logic and methods to solve problems and is excellent at honest analysis. Doesn’t stop at first answers rather he/she will strive to seek the correct answer.  
  • Strong business acumen – can identify risk and opportunity.  
  • An efficient multi-tasker - can marshal resources and orchestrate multiple activities at once to accomplish their goal.  
  • You will provide technical revenue recognition guidance in accordance with our existing revenue policy, ASC 606 and in accordance with U.S. GAAP to properly recognize revenue. Will also serve as one of the primary contacts for all technical accounting matters.  
  • Perform technical guidance (ASC 606) research and provide solutions/options to new and complex issues.  
  • As specific revenue matters develop prepare technical revenue memos and work with our external auditors to ensure they are discussed and signed off in a timely manner.  
  • Manage and update our existing revenue recognition policies.  
  • Manage and own the contract revenue write-up process and partner with our external auditors to ensure the accuracy of our revenue is maintained.  
  • Partner with the Sales Ops team to provide revenue recognition guidance during contract negotiations.  
  • Partner with the Business (Sales, Legal, Product, and Pricing teams) to provide revenue guidance/consideration with respect to our growing product offerings.  
  • Work closely with the FP&A team as it relates to revenue forecasting.  
  • Reconcile ARR to monthly recognized revenue.  
  • Review, analyze and update Financial Statement - Revenue, deferred revenue sections etc. to ensure compliance with industry reporting standards, U.S. GAAP and SEC requirements.  
  • Create/update training material and provide ongoing training to cross-functional organization members on revenue related matters.  
  • Assist with other accounting projects/areas as necessary.  
     
     

WHAT YOU’LL BRING:  

  • Must have - Software Revenue recognition experience – ASC 985, ASC 606 at a software company, preferably with multiple element agreement experience.  
  • Understands and can calculate SSP.  
  • Firsthand knowledge of Software Operations best practices - Strong software and SaaS revenue recognition knowledge in the areas of ASC 606, and related revenue recognition pronouncements under US GAAP.  
  • Experience with multiple business models such as SaaS, on-premises licenses, and services.  
  • Great interpersonal skills to collaborate with different individuals across the organization.  
  • Excellent written and verbal communication skills.  
  • Ability to coordinate and prioritize multiple tasks in a deadline-driven environment.  
  • Ability to roll-up sleeves and work with team members in a hands-on management capacity as required.  
  • Bachelor's degree in accounting, Economics, or Finance.  
  • 8 years of experience with a combination of Big 4 accounting and industry/corporate accounting.  
  • CPA strongly preferred, but not required.  
  • NetSuite (preferred), SAP or Oracle  
     
    YOUR REWARD: 

Join the fastest growing tech company in the US. Earn a competitive compensation package that allows you to focus your attention on your passion in the heart of Miami's emerging tech and financial scene.   

If this sounds like the right career to fit your personality and interests, please apply, we’re looking forward to meeting you! 

Join the Kaseya growth rocket ship and see how we are #ChangingLives !

Additional information
Kaseya provides equal employment opportunity to all employees and applicants without regard to race, religion, age, ancestry, gender, sex, sexual orientation, national origin, citizenship status, physical or mental disability, veteran status, marital status, or any other characteristic protected by applicable law.

Salary.com Estimation for Director, Revenue Recognition in Miami, FL
$176,850 to $257,588
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