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Director, Revenue Recognition

Department: Accounting
Location: Salt Lake City, UT

Director, Revenue Recognition

About Packsize

Packsize is an automation company that enables more efficient and sustainable packaging process flows from packing to unboxing. We’re propelling our customers and the industry forward, always looking to innovate and improve. Because, to us, packaging is about much more than a box, it’s about delivering what’s right, for our customers, for their customers and our planet.

About the Role

The Director, Revenue Recognition, will partner with Accounting, Sales, and Legal, play a trusted advisor role for customer contract negotiations, and perform contract review for revenue recognition compliance.
The ideal candidate must enjoy working in a fast paced and constantly changing environment across many different functions within the business and the finance organization. A successful applicant will have a strong working understanding of ASC 606 with experience in application of the standard to a SaaS business model in the tech industry. Further, candidate must excel in managing and understanding a wide range of issues and business models that could be driven by revenue recognition requirements and scalable revenue recognition models.

Responsibilities:

  • Review complex revenue contracts for compliance with US GAAP and determine the appropriate accounting treatment
  • Prepare periodic SSP analysis to provide business insights and accurate revenue recognition.
  • Maintain documentation for all review and compliance work completed
  • Work with the Revenue Recognition team and respective business partners to develop and maintain SOX Compliance
  • Revenue reporting and analysis
  • Establish standard contract structures for both existing & new products and work cross-functionally to maintain a scalable quote-to-cash process
  • Work with Accounting, Sales, and Legal during contract negotiations and provide suggestions and guidance to ensure proper revenue recognition
  • Lead training on revenue recognition rules, policies and practices within the Company, and within the Sales organization
  • Engage with external auditors and understand/respond to the changes in the audit approach
  • Keep up with industry trends and build relationships with external technical accounting advisors
  • Deliver the highest standard of departmental, cross departmental and cross region customer service
  • Lead and assist with other special projects, as needed

Experience/Skills Required:

  • Degree or equivalent relevant experience required. Experience will be evaluated based on the Values & Behaviors for the role (e.g. extracurricular leadership roles, military experience, volunteer roles, work experience, etc.)
  • CPA strongly desired
  • 5+ years combined Big 4 and Industry experience, with relevant revenue recognition experience desired (position will depend on level of experience)
  • Primary audit experience in SaaS/software industry
  • Verbal and written communication skills with ability to present ideas in a clear, concise fashion to technical and non-technical audiences as well as high level executives
  • Project Management skills including planning, task assignment, status tracking and reporting

Experience/Skills Desired:

  • Great teammate who is able to work with virtual, global, and cross-functional teams while championing diversity of team, thought, and opinion
  • Ability to work in dynamic, fast paced, fast growing company where adaptability is imperative
  • Social skills; ability to articulate verbally and written, willingness to appropriately debate difficult issues; ability to think quickly and present to an audience
  • Strong ability to multi-task; able to prioritize and handle contending goals and responsibilities
  • Ability to form relationships with new and existing executives across functions
  • Ability to quickly grasp company operations and business drivers
  • Strong MS Excel and MS PowerPoint skills highly desirable
  • SAP and Salesforce skills highly desirable

Physical Demands and Working Conditions

  • Sit/stand at a desk for prolonged periods, primarily sedentary work

  • Communicate with others to exchange information

  • Operate standard office equipment that may require repetitive motions of the wrists, hands, and/or fingers

  • Perform tasks that require bending, reaching, pushing, pulling, lifting, and carrying to move objects

Salary and Benefits

*The Salary for this role is $140,000-$160,000 however, Packsize considers several factors when determining compensation when extending a job offer, including but not limited to, the role being offered, the associated responsibilities, the candidate's prior work experience, education/training, and any special skills.

Packsize offers a competitive benefits package including paid time off, medical, dental, vision, short-term and long-term disability, life, and 401(k) employer match. Pay will be commensurate with experience.

Packsize is an Equal Opportunity employer and is committed to diversity in its workforce. In compliance with applicable federal and state laws, Packsize policy of equal employment opportunity prohibits discrimination on the basis of race or ethnicity, religion, color, national origin, sex, age, sexual orientation, gender identity/expression, veteran’s status, status as a qualified person with a disability, or genetic information. Individuals from historically underrepresented groups, such as minorities, women, qualified persons with disabilities, and protected veterans are strongly encouraged to apply. Reasonable accommodations in the application process will be provided to qualified individuals with disabilities.

 

 

 

 

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