Director, Revenue Recognition and Accounting

Introduction

Optimizely is looking for a highly-motivated individual to lead the Global Revenue Accounting function. This role will serve as a key subject matter expert on revenue recognition for our portfolio of SaaS products and services. The ideal candidate will have deep technical knowledge of ASC 606 and IFRS 15, exceptional leadership skills, and a strong track record of partnering cross-functionally to enable business growth while ensuring compliance and operational excellence.

The role will ensure implementation of systems and controls necessary to report revenue and deferred revenue accurately and on a timely basis. The role will be highly collaborative with other key functions including Go to Market, Sales Operations, Finance, Business Systems and Sales teams. The candidate will develop a strong team which focuses on process improvement, technology enhancement and technical accounting expertise and ability to scale in a fast paced environment.

Job Responsibilities

Lead the global revenue recognition team and oversee all aspects of revenue accounting, including policy development, contract review, technical accounting, and month-end close.

· Ownership of procedures and controls relating to revenue across the Optimizely group of companies. Provide strategy and vision around the revenue accounting processes, system implementations, use of automation, and standardization of policies.

· Serve as the primary authority on IFRS15 and ASC 606, ensuring accurate interpretation and application across complex contracts and global entities.

· Develop, maintain, and enforce global revenue recognition policies, procedures, and internal controls.

· Partner closely with Sales, Legal, Deal Desk, FP&A, Professional Services and Business Operations to review non-standard contracts and advise on structuring and revenue implications. Serve as a point of escalation for exception requests from the business.

· Function as a strategic advisor to executive leadership on revenue-related matters, including new product offerings, pricing strategies, and go-to-market initiatives. Understand pricing, deal mechanics, and play a key role influencing the evolution of both with regards to revenue recognition as the company continues to grow and scale.

· Run a smooth month-end close process, developing and maintaining high quality reporting, reconciliations and controls around revenue and deferred revenue with the team.

· Working closely with Group Financial Reporting and Financial Planning and Analysis teams to ensure accurate accounting and forecasting of revenue and invoicing

· Periodically review, update and develop appropriate policies and procedures for revenue recognition and revenue processes, ensuring compliance with current regulatory guidance and business practices

· Work closely with the Order to Cash Director and team to ensure seamless deal flow and co-ordination on credits and revenue recognition / collectability issues.

· Lead the continuous improvement of the Subscription and Revenue modules. Ensure revenue systems are well controlled and scaled to meet the demands of a growing and evolving business.

· Provide thought leadership, guidance, and strategy on technical revenue recognition matters in relation to implementation of new systems and processes.

· Lead, mentor, and develop a high-performing team with a focus on excellence, collaboration, and career growth

Knowledge and Experience

You are a seasoned professional with extensive revenue recognition experience in the SaaS and Professional Services industry who has managed a large team and can provide sound strategic and risk management insights, while efficiently managing day to day activities to ensure compliance. Other requirements include:

· Minimum 10 years of finance and accounting experience.

· Strong leadership, relationship development and people management skills who can collaborate with individuals and executives across the company.

· Public company / IPO / Global company experience is preferred.

· Strong knowledge of IFRS 15 / ASC 606

· Demonstrated success building strong cross-functional relationships leading across organizations through influence.

· Outstanding oral and written communication skills are critical for success.

· Strong proficiency in revenue and accounting systems. Experience with Netsuite, Zone Billing and Salesforce strongly preferred.

· Excellent project management skills and the ability to work at a fast pace on multiple projects.

· Strong analytical, written/verbal communication, interpersonal and relationship building skills, and ability to work in a multi-cultural environment across different geographies.

· Big 4 accounting experience preferred.

Education

ACA, CPA, MBA or equivalent preferred

Competencies