Senior Manager, Global Revenue Accounting
EDBAbout the role
A Little About Us
EDB provides a data and AI platform that enables organizations to harness the full power of Postgres for transactional, analytical, and AI workloads across any cloud, anywhere. EDB empowers enterprises to control risk, manage costs and scale efficiently for a data and AI led world. Serving more than 1,500 customers globally and as the leading contributor to the vibrant and fast-growing PostgreSQL community, EDB supports major government organizations, financial services, media and information technology companies. EDB’s data-driven solutions enable customers to modernize legacy systems and break data silos while leveraging enterprise-grade open source technologies. EDB delivers the confidence of up to 99.999% high availability with mission critical capabilities built in such as security, compliance controls, and observability. For more information, visit www.enterprisedb.com
We are seeking a proactive Senior Manager, Global Revenue Accounting to join our team at EDB, reporting directly to the VP, Head of Accounting and Financial Operations. This is a key leadership position with responsibility for providing day-to-day oversight of the global revenue accounting function. The role ensures accuracy and compliance, drives the development of scalable processes and systems, and helps shape the future vision, strategy, organization, policies, and processes for the areas outlined below. Collaborating closely with executive leadership, other senior leaders, global team members, and cross-functional teams (including Sales, Revenue Operations, Accounting, FP&A and Legal), you will play a crucial role in ensuring accurate revenue recognition and developing a seamless, efficient, and scalable revenue accounting experience for all stakeholders.
The ideal candidate will have a strong background in global revenue accounting, particularly under ASC 606 in the software/SaaS industry, with the ability to lead and drive continuous improvement while navigating the complexities of a growing global business.
What your impact will be…
Technical Revenue Accounting & Compliance:
- Build a deep understanding of EDB’s Products and Service offerings.
- Oversee the global revenue accounting function, ensuring timely, accurate, and efficient revenue recognition in ongoing compliance with ASC 606, including Stand-alone Selling Price (SSP) analyses.
- Lead the technical accounting review of customer contracts to determine appropriate revenue recognition.
- Manage the monthly and quarterly revenue close process, ensuring timely and accurate revenue recognition and reporting.
- Deliver accurate and insightful financial reporting by preparing and reviewing complex revenue reports, reconciliations, flux analyses, and disclosures.
- Lead and support revenue-related audits and design robust internal controls around revenue recognition.
Strategic Leadership & Process Improvement:
- Define and champion the strategic direction for the global revenue accounting function, identifying opportunities for process automation and efficiency improvements.
- As a subject matter expert, provide support to the Deal Desk process, providing expert guidance and insights on revenue recognition implications for proposed deal structures.
- Develop, implement, and maintain revenue accounting policies, procedures, and systems to optimize accuracy and efficiency.
- Drive continuous improvement initiatives within the revenue accounting function.
Cross-Functional Collaboration & Stakeholder Management:
- Partner with cross-functional teams on revenue recognition implications of new product offerings, contract structures, and business initiatives.
- Present critical revenue insights and strategic recommendations to senior and executive leaders, influencing and guiding decision-making processes.
- Support revenue-related financial planning and analysis workflows, including forecasting.
- Collaborate with billing and collections teams to ensure accurate invoicing and revenue deferral tracking.
Team Leadership & Development:
- Lead and mentor team members, conduct staff assessments and performance reviews, fostering our growth mindset, high-performance, and collaborative team environment for direct reports.
What you will bring…
- A strong and broad knowledge of US GAAP and revenue recognition principles, specifically ASC 606.
- 8+ years of progressive experience in revenue accounting roles, preferably in the software/SaaS industry, with demonstrated leadership experience.
- Bach
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