Canonical is a leading provider of open source software and operating systems to the global enterprise and technology markets. Our platform, Ubuntu, is very widely used in breakthrough enterprise initiatives such as public cloud, data science, AI, engineering innovation and IoT. Our customers include the world's leading public cloud and silicon providers, and industry leaders in many sectors. We are also a pioneer of global distributed collaboration, with 1000+ colleagues in 70+ countries and very few roles based in offices. Teams meet two to four times yearly in person, in interesting locations around the world, to align on strategy and execution.
The company is founder led, profitable and growing. We are hiring a Revenue Accounting Manager, ideally a candidate with a passion for systems accounting, to drive revenue recognition process, decisions, systems and reporting.
In our finance function we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes and systems into alignment.
We are looking for a professionally qualified accounting leader with expertise in IFRS 15/ASC 606 to build scalable contract review and revenue recognition processes. This lead will work across teams including product management, legal, FP&A, sales operations and commercial business systems to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a very high level of automation. Perhaps unusually we prefer a leader with deep personal interest in the software and technology industry, and ideally some data analytics and software engineering experience. The Revenue Accounting Manager will ensure the proper application of revenue accounting guidance for public market scrutiny. Ideally they will also be familiar with Systems Accounting and able to work effectively with technical teams and software engineers.
This is a management position which requires confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency and speed of reporting as a global tech company.
Location:This role is home-based in EMEA time zones, with the option to be based in our London office. It will report to our Global Head of Accounting.
Key responsibilities
Collaborate with Product Management, Sales Operations, Sales, Legal, and FP&A teams to design standard contracts
Drive process and configuration improvements in NetSuite and related systems for end-to-end automation of the revenue life cycle
Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy
Review and evaluate the revenue recognition impact of non-standard contracts and new products
Lead, mentor and develop a team of revenue accounting and systems accounting professionals
Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
Develop and maintain effective internal over revenue transactions and reporting
Research and write accounting memos on significant revenue recognition and other policy matters
Act as the primary liaison with external auditors in matters related to order-to-cash
Valued skills and experience
An exceptional academic track record from both high school and university
An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
CPA, CA or equivalent with excellent technical accounting skills and IFRS experience
A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
Leadership or management responsibility
A track record of going above-and-beyond expectations
Experience of software licensing, subscription and services revenue accounting and operations
Experience driving revenue recognition and scaling accounting processes in a high-growth environment
Experience with ERP, Rev Rec, CRM, CPQ and other relevant software categories -NetSuite and Salesforce preferred
Experience in a multi-country multi-currency, operations and tax environment
Professional written and spoken English
Excellent interpersonal skills, curiosity, flexibility, and accountability
Thoughtfulness and self-motivation
Result-oriented, with a personal drive to meet commitments
Ability to travel twice a year, for company events up to two weeks long
Additional, optional skills we value
Public company reporting and revenue accounting experience
Software implementation, integration and user acceptance
Software engineering qualification or experience
A passion for technology and a desire to work with motivated colleagues
MBA or other relevant business degree
What we offer you
We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognise outstanding performance. In addition to base pay, we offer a performance-driven annual bonus or commission. We provide all team members with additional benefits, which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.
Distributed work environment with twice-yearly team sprints in person
Personal learning and development budget of USD 2,000 per year
Annual compensation review
Recognition rewards
Annual holiday leave
Maternity and paternity leave
Employee Assistance Programme
Opportunity to travel to new locations to meet colleagues
Priority Pass, and travel upgrades for long haul company events
About Canonical
Canonical is a pioneering tech firm at the forefront of the global move to open source. As the company that publishes Ubuntu, one of the most important open source projects and the platform for AI, IoT and the cloud, we are changing the world of software. We recruit on a global basis and set a very high standard for people joining the company. We expect excellence - in order to succeed, we need to be the best at what we do. Most colleagues at Canonical have worked from home since its inception in 2004. Working here is a step into the future, and will challenge you to think differently, work smarter, learn new skills, and raise your game.
Canonical is an equal opportunity employer
We are proud to foster a workplace free from discrimination. Diversity of experience, perspectives, and background create a better work environment and better products. Whatever your identity, we will give your application fair consideration.
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