Accounting Manager, Software Revenue

Open Systems International, Inc. (OSI), An AspenTech Business, is a fast-paced, growing, high technology company, headquartered in Medina, Minnesota. As a world leader in the Operations Technology (OT) field, OSI develops and supplies state-of-the-art energy management, optimization and control software solutions to energy utility companies worldwide. The Role The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community. The Software Revenue Accounting Manager will work in a fast-paced, cross-functional organization and will undertake responsibilities that enable business transformation and growth in a publicly traded technology company. The Manager would thrive in a role that requires building cross-functional relationships with the Accounting, Commercial, and Professional Services functions to establish and drive a disciplined project review and reporting cadence. The candidate should exemplify the following characteristics: accountability, detail-oriented, and customer focused – in a role that is very actively involved and requires a high level of engagement. Through our business transformation there is a focus on Revenue and separating Performance Obligations under ASC Topic 606 – Contracts with Customers. Specific on-the-job training will be provided. Your Impact As our Software Revenue Accounting Manager your responsibilities will include: Work with Professional Services / Project Management Office (PMO) leadership to set project budgets, and profile costs and revenue recognition. Build and maintain dynamic models to forecast revenue, separate performance obligations, and phasing of professional services backlog. Manage internal reporting of order-to-revenue cycle for various customers and set of books. Lead revenue close process, including project accounting, for close cycle, recurring reporting, and audits Evaluating the various Performance Obligations of the business under ASC 606 and ensuring the proper application of those standards for revenue recognition Review and understand customer / project contract language to determine application of revenue recognition methodology and applicable documentation. Improve automation of accounting and reporting processes with adherence to internal control requirements in a SOX environment - Support the integration of a new Revenue Management System. Supervise Project Accounting (1) and Order Management (1) Accountants. What You'll Need Bachelor’s degree in Accounting, Finance, Economics or related field from an accredited university. 8 years of progressive accounting experience in a publicly traded organization. Experience with ASC 606 revenue recognition principles. Process oriented with strong attention to detail. Proficiency in Microsoft Office applications, including Excel formulas, pivot tables, charts and advanced data modeling skills. Strong communication skills and the ability to facilitate an open dialogue with a wide variety of contributors and stakeholders. Proven history of balancing multiple priorities simultaneously with the ability to adapt to changing needs of business while continuing to meet deadlines. Preferred CPA. Experience with a project-based organization 2 years of experience with Microsoft PowerBI. #LI-RT1 Open Systems International, Inc. (OSI), An AspenTech Business, is a fast-paced, growing, high technology company, headquartered in Medina, Minnesota. As a world leader in the Operations Technology (OT) field, OSI develops and supplies state-of-the-art energy management, optimization and control software solutions to energy utility companies worldwide. AspenTech is an Equal Opportunity/Affirmative Action employer. AspenTech does not discriminate against employees or applicants on the basis of age, race, color, religion, creed, ancestry, sex, sexual orientation, gender identity or expression, pregnancy or related conditions, marital status, familial status, national origin, disability, medical condition, genetic information, citizenship, military service or protected Veteran Status or any other basis protected by applicable federal, state, or local law. Reasonable Accommodation: We will provide reasonable accommodations to qualified individuals who have a disability or sincere religious reasons to request accommodation, when necessary to enable the individual to participate in the job application or interview process. If you wish to request an accommodation, please contact us at recruiting@aspentech.com. GDPR Privacy Notice: AspenTech collects a range of personal information during the recruitment process. This may include the following personal or special categories of personal data: recruitment information such as your application form and resume, references, qualifications and membership of any professional bodies and details of any pre-employment assessments; your contact details and date of birth; your gender; your marital status and family details; your identification documents including passport and driver's license and information in relation to your immigration status and right to work with us; information about your contract of employment (or services) including start and end dates of employment, role and location, working hours, details of promotion, salary (including details of previous remuneration), pension, benefits, and holiday entitlement; your racial or ethnic origin; any criminal convictions and offences. Click here: https://www.aspentech.com/en/privacy-and-security to view the recently updated Security and Privacy Policy. Plan Participants Enrolled in the AspenTech US Medical Plans: The Transparency in Coverage Final Rules require certain group health plans to disclose on a public website information regarding in-network provider rates and historical out-of-network allowed amounts and billed charges for covered items and services in two separate machine-readable files (MRF’s). The MRF’s for the benefit package options under AspenTech’s US Employee Benefit Plan are linked below: https://transparency-in-coverage.bluecrossma.com [transparency-in-coverage.bluecrossma.com] https://home.bluecrossma.com/collateral/sites/g/files/csphws1571/files/acquiadam-assets/55-001108351_TCR_CAA_FAQ.pdf [home.bluecrossma.com]