Director, Revenue & Technical Accounting

C1 Company Overview

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.

Overview

Summary

The Director, Revenue & Technical Accounting is responsible for (i) leading the team in all aspects of technical accounting research and documentation, including focus on revenue recognition, of this fast-paced and growing organization as well as (ii) leading the organization’s financial reporting function.  This position is also responsible for maintaining and further building-out a strong system of internal controls around areas of responsibility.  As the organization continues to grow and increase in complexity, this position will also have a key role in outlining the overall strategy and vision of the technical accounting and financial reporting team, processes and capabilities.

 

This position leads two separate teams – one focused specifically on ASC 606/Revenue Recognition and one focused on other technical accounting matters as well as financial reporting. 

Responsibilities

Essential Functions

• Leads the technical accounting and financial reporting function of the organization, inclusive of revenue recognition and evaluating complex revenue transactions
• Leads the team in researching, documenting and supporting the organization’s more complex accounting decisions and policies
• Works proactively with Finance and Sales 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
• 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 material and complex arrangements
• Leads the team with respect to year-end process around financial statement preparation/presentation, including footnote disclosures
• Has the primary responsibility for all aspects of financial accounting due diligence and purchase accounting associated with acquisitions (outside of income tax matters)
• Leads the team relative to the annual goodwill impairment assessments as well as assessments for the potential impairment of other long-lived assets
• Maintains a strong internal controls environment around technical accounting matters and the external reporting processes
• Leads the effort around the adoption of all relevant new accounting standards
• Attends Audit Committee meetings as needed and presents on material/complex accounting matters
• Leads the effort around the updating of the organization’s written accounting policies
• Plays a key role in developing the overall strategy. As the organization grows and increases in complexity, provides vision around the technical accounting and financial reporting function (team structure and capabilities, process around quarterly external reporting, technology decisions, etc.)
• Assists in the financial statement integration of acquired businesses as they occur
• Assists with the overall coordination and interactions with the external audit firm

Qualifications

Required Qualifications

• 12+ years of hands-on experience in roles of increasing responsibility within the accounting and finance function
• Bachelor’s degree in Accounting
• Licensed Certified Public Accountant (CPA)
• Strong knowledge of US GAAP and financial reporting, inclusive of ASC 606 (Revenue Recognition)
• Current knowledge of the expectations of a strong internal control environment
• Strong research capabilities
• Experience with purchase accounting
• Ability to comprehensively and persuasively document accounting conclusions on complex matters
• Comfortable operating in a highly dynamic, fast paced and high growth environment with a demonstrated ability to add value to the business
• Excellent communication, writing, managerial organizational and pe