Senior Revenue Manager

Senior Revenue Manager
Job Type: Full-Time
Location: Belmont, CA
Department: Finance
About RingCentral:
RingCentral, Inc. (NYSE:RNG) is a leading provider of global enterprise cloud communications and collaboration solutions. More flexible and cost-effective than legacy on-premises systems, RingCentral empowers today's mobile and distributed workforce to communicate, collaborate, and connect from anywhere, on any device. RingCentral unifies voice, video, team messaging and collaboration, conferencing, online meetings, and integrated contact center solutions. RingCentral's open platform integrates with leading business apps and enables customers to easily customize business workflows. RingCentral is headquartered in Belmont, California, and has offices around the world.
Traditionally, business communications comprised a series of inflexible, expensive, and disparate systems: on-premises hardware??based private branch exchanges, or PBX systems, which are still prevalent in businesses today. The emergence of the cloud and SaaS business models, combined with the proliferation of smartphones and tablets, as well as the corresponding new paradigms in user experiences, has revolutionized how people communicate. RingCentral is leading the charge in cloud-based communications.
RingCentral is the largest and fastest-growing pure-play provider in this space, with a market capitalization of over $3.5 billion. With a $500 million run rate, RingCentral is projected to reach $1 billion by 2020. Examples of Wall Street analyst quotes after recent earnings:
Jeffries: "Firing on all cylinders."
Morgan Stanley: "Near flawless execution. Succeeding where others are stumbling."
Bank of America-Merrill Lynch: "Enterprise traction still in the early innings; accelerating subscription revenues."
Job Description
We are looking for a skilled and professional individual for the Senior Revenue Manager role. Reporting to the Director of Revenue, this position has a critical and highly visible role in the process design, implementation, documentation and accurate recording of revenue. The Senior Revenue Manager has ownership of all accounting aspects of revenue recognition and must understand, analyze and communicate financial impacts to revenue throughout the organization.
Global partner and the Revenue subject matter expert collaborating with Sales, Legal, and Business Development teams to review and evaluate the impact of draft contracts for revenue recognition
Provide technical accounting guidance in negotiating and structuring deals to provide operational efficiency and optimum revenue yield
Act as the primary technical accounting resource for the company by researching, resolving and documenting accounting issues that arise during contracts review and new product introduction
Evaluate customer contracts to ensure that revenue is recognized accurately in accordance with accounting rules
Develop whitepaper or accounting memos to support Company's position or policy election on certain revenue recognition issues
Work with the FP&A team to provide revenue assurance in the pricing models and new product introductions
Provide technical accounting assistance with special projects
Manage the process of maintaining and updating the Company Revenue Accounting Policy
Be actively involved in the design and implementation of new revenue accounting requirements under ASC606
Participate in developing and maintaining strong internal controls, ensuring quality controls over revenue transactions and reporting.
Recommend changes to reports and processes to improve productivity and accuracy
Manage month-end and quarter-end revenue close, including reconciliations and related fluctuation analysis and other reporting requirements
Help prepare data and other support information requests as needed for audits and reviews conducted by external auditors
Manage VSOE and BESP and other revenue recognition related analysis
Qualifications & Skills
Bachelor's degree in Accounting
Experience with Big 4 accounting firms and CPA preferred
5+ years of experience in a public company environment
Experience in reviewing and analyzing License, SaaS, OEM, and Professional Services contracts to identify revenue-related issues for resolution and proper accounting treatment
Knowledge and hands on experience working with GAAP multi-element revenue recognition accounting standards including ASC 605-25, SAB 104, ASU 2009-13 and ASU 2009-14
Working knowledge of the new revenue recognition guidance under ASC606
ERP System Implementation experience (a plus)
Experience with SFDC and NetSuite (a plus)
Demonstrated success with process improvement initiatives
A solutions-oriented team player who enjoys a dynamic work environment
Strong organizational skills and ability to meet tight deadlines
Strong interpersonal skills
Ability to communicate clearly and concisely both verbally and in writing
Strong analytical, written and verbal communication skills, with a sharp focus on details
Ability to communicate complex information in a clear and concise manner
Ability to effectively work with all levels and cross-functionally within the company, including Sales, Legal, and Product Management
Benefits and Amenities:
Centrally located in Belmont, CA (close to highways 101, 280, and 92)
Comprehensive medical, dental, and vision
Unlimited PTO
401K match and ESPP
Complimentary organic breakfast and lunch daily, and fully stocked break rooms
On-site gym with free yoga and boot-camp classes
RingCentral is headquartered in Belmont, California, and has offices around the world.
RingCentral is an EEO/AA employer.

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