Director, Revenue Accounting

C1: 1 Contact, 1 Connection, 1 Choice

C1 is the foremost, single-source provider of advanced communications and data technology for business. That means if it's digital, we connect our customers to it -- from phone systems and hardware to computer networks, application development, managed solutions and more. And we're 100% passionate with designing, implementing, managing and supporting our customers' every need from end to end, so that they can focus on what they do best.

So, when it comes to joining a team of IT and communications technology pros who are empowered to do what they do best, your best choice -- your #1 choice -- is C1.

Summary

The Director, Revenue Accounting works closely with the VP, Corporate Controller in the overall strategy and build-out of the Revenue Accounting team (roles/responsibilities/skillsets) in order sufficiently support the organization's growth objectives, including through acquisitions as well as organically through new customer solutions. This position plays a critical role in the assessment and documentation of complex revenue transactions to ensure the accounting is in conformity with Generally Accepted Accounting Principles. It has a deep understanding of the revenue recognition accounting standards, including specific to the IT Industry, and provides guidance to Finance, Sales, and Field personnel, as well as other members of the Revenue Accounting team, pertaining to the accounting implications of various customer arrangement structures. Additionally, it has overall responsibility for the assessment and refinement of internal controls associated with revenue transactions and works with Finance, Sales and Field team members to help standardize processes associated with the organization's various revenue streams.

#LI-JM1

Essential Functions

Thoughtfully leads the overall strategy to build-out the Revenue Team, tools, internal controls and infrastructure to support an aggressive growth strategy of the organization
• Works proactively with Finance, Sales and Field personnel to assist in the assessment of customer arrangements while being able to clearly communicate the GAAP revenue accounting implications associated with the terms of the arrangement with the customer to multiple interested parties
• Work directly in NetSuite to ensure revenue is accounted for correctly in each period.
• Review setup in Zone Access billing to ensure processing of revenue in NetSuite is timely and accurate.
• Reviews and assesses complex revenue arrangements for appropriate GAAP revenue accounting under ASC 606 and be the first point of contact for ad-hoc questions, as they arise, around revenue recognition from the Field and Finance
• Prepares and/or reviews documentation of accounting memos to support the Company's revenue accounting for material and complex arrangements
• Works directly with Finance, Sales and Field personnel to assist in the standardization/simplification of processes associated with the Company's various revenue streams
• Assists in the training of ASC 606 to others within the organization, including other members of the Revenue Accounting team and applicable new employees on-boarded through acquisition, as necessary
• Plays key role in financial due diligence associated with GAAP revenue accounting for any future acquisition and leads effort around the integration of revenue accounting activities post-acquisition
• Leads team in ensuring that the Company's GAAP accounting policies associated with revenue transactions are constantly up-to-date as the organization, and its revenue streams, grow either organically or via acquisitions
• Assesses, refines and implements, as necessary, internal controls pertaining the Company's various revenue streams

Required Qualifications

• 10+ years of experience in a senior level revenue accounting position in the IT industry
• Undergraduate degree in Accounting
• Experience in NetSuite
• Familiar with, and intimate working knowledge of, the provisions of ASC 606 (Revenue from contracts with customers), including experience with ASC 606 within the IT Industry
• Specific ASC 606 experience and expertise should also include (i) ability to identify performance obligations in multi-solution agreements; (ii) ability to assess and determine gross/net classification; (iii) experience with Cloud-based and SaaS solutions; (iv) experience with determining what qualifies as "costs to fulfill" and "costs to acquire" and the associated accounting treatment.
• Excellent communication skills, both verbal and written
• Detailed oriented and experience in leading, developing and growing a team
• Comfortable and confident in the ability to clearly communicate complex matters in a manner that can be understood by others, including more senior members of the organization

Desired/Preferred Qualifications

• Certified public accountant
• Master's degree

C1 BENEFITS

* 401(k) Plan (35% employer match per dollar up to 10% employee contribution)
* Medical Coverage (3 platforms: UnitedHealthcare, Reference Based Pricing includes comprehensive member advocacy; and Kaiser)
* HSA with + Employer Contribution
* In-vitro Fertility (treatment coverage)
* Dental
* Vision (2 plans: 12-month and 24-month frames allowance)
* FSA Plans (Healthcare, Dependent care and Limited Purpose)
* Pre-tax Commuter Plans
* Employer-paid Life Insurance
* Employer-paid Short + Term Disability
* Long Term Disability (2 plans: Employer-paid and Self-paid with non-taxable claim payments)

* Paid Parental Leave (4 weeks at 100%)
* Employee Assistance Plan
* Voluntary Life Insurance
* Legal/ID Theft Plans
* TeleHealth Options
* Wellness via Omada Health (healthy living solution)
* Travel Assistance
* Business Travel Accident Coverage
* Employer-paid Pet Telehealth
* Accident Insurance
* Critical Illness Insurance
* Hospital Indemnity Insurance
* Volunteer Time Off

* On Demand Pay (Daily Pay)

Work Environment
Ability to handle multiple priorities and demands in a fast-paced environment. This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.

Physical Environment
Physical demands described here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.

Other Duties/Changes
This job description is not designed to cover or contain a comprehensive listing of all duties, responsibilities or activities that are required of a team member for this job. Duties, responsibilities and activities may change at any time with or without notice. At any point in time, the essential functions and primary duties associated with this position will be the principal, major or most important duties, responsibilities and activities that the employee is expected to perform as determined and directed by C1.

EEO Statement
C1 provides equal employment opportunities (EEO) to all team members and applicants for employment opportunities. All qualified applicants will receive consideration for employment, and all team members will be treated with respect to their employment, without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity, disability or veteran status. For further details please view the Equal Employment Opportunity Posters provided by OFCCP. http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm

Notice of E-Verify Participation

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Right to Work

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