Director, Revenue Accounting

Job Term: Full-Time

The Opportunity:

We are seeking a highly skilled and motivated Revenue Manager to join our dynamic finance team and play a key role in managing revenue recognition, intercompany transactions, and supporting various financial initiatives.

Responsibilities:

• Must have experience in both technical and operational revenue accounting
• Lead and oversee the revenue recognition process in accordance with ASC 606, ensuring compliance with accounting standards and accurate recognition of revenue across all business lines.
• Oversee and manage intercompany revenue and COGS transactions, ensuring accurate recognition and reconciliation between Picarro, Inc. and its subsidiaries.
• Lead the process of intercompany eliminations, ensuring the consolidation of financial statements accurately reflects the economic reality of the company's performance.
• Review and approve customer credit limits and payment terms minimizing credit limits and payment terms minimizing credit risk and ensuring timely payment.
• Manage month-end close process ensuring completeness and accuracy of revenue and revenue related accounts for both internal and external reporting, including review of journal entries and account reconciliations
• Manage the invoicing process working closely with the order management team.
• Ensure revenue recognition practices adhere to relevant accounting standards (e.g., ASC 606) and other regulatory requirements. Stay abreast of changes in accounting standards.
• Continuously evaluate and optimize revenue-related processes, identifying opportunities for automation and efficiency gains.
• Undertake ad hoc projects as directed by the Corporate Controller, providing financial analysis, insights, and support for strategic initiatives.
  
  

Qualifications:

• Bachelor's degree in accounting or finance. CPA certification is a plus.
• Minimum of 8-10 years of experience in accounting and minimum of 5 years in revenue accounting and financial management, also with a focus on intercompany transactions.
• Strong understanding of revenue recognition principles, including ASC 606.
• Experience with COGS analysis, intercompany eliminations, and credit management.
• Proficiency in ERP systems, with preference given to candidates familiar with NetSuite.
• Excellent analytical and problem-solving skills with meticulous attention to detail.
• Self-starter, highly proactive with strong ability to work with minimal guidance and direction.
• Strong communication and interpersonal skills to collaborate effectively across departments.
• Ability to manage multiple priorities and meet deadlines in a dynamic and fast-paced environment.
• Proven experience in leading and executing ad hoc projects.
• Confidentiality in handling sensitive financial information.
  
  

Salary & Benefits:

The base salary range for this full-time position is $150k-180k. Your base salary range and title will be determined based on the location, experience, qualification, skills, knowledge, level, and pay of employees in similar positions.

We offer a comprehensive benefit package including:

• Medical, Dental, and Vision insurance
• Flexible Spending Account (FSA) and Health Savings Account (HSA) plans
• Life, Short-Term Disability, and Long-Term Disability Insurance
• Paid Time Off and Paid Holidays
• Employee Referral Program
• 401K
• Social events (summer picnic, holiday party, team lunches, etc.)
• On-site Health & Wellness programs (fitness challenges, outdoor bootcamp, flu-shots, etc.)
  
  

About Picarro:

We are the world's leader in timely, trusted, and actionable data using enhanced optical spectroscopy. Our solutions are used in a wide variety of applications, including natural gas leak detection, ethylene oxide emissions monitoring, semiconductor fabrication, pharmaceutical, petrochemical, atmospheric science, air quality, greenhouse gas measurements, food safety, hydrology, ecology, and more. Our software and hardware are designed and manufactured in Santa Clara, California and are used in over 90 countries worldwide based on over 65 patents related to cavity ring-down spectroscopy (CRDS) technology and are unparalleled in their precision, ease of use, and reliability.

All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status, gender identity, social orientation, nor on the basis of disability. Posted positions are not open to third party recruiters/agencies and unsolicited resume submissions will be considered free referrals.

If you are an individual with a disability and require reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Picarro, Inc. at [email protected] for assistance.