Sr Director, Head of Revenue Accounting

Company Description

At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.

As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.

Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.

Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.

Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.

Job Description

Opportunity and Primary Function of the Position

We’re looking for a thought leader to join our fantastic revenue team in our journey to build a best-in-class financial reporting and Finance organization. We’re a mission driven company that always puts patients first. We are relentless in our pursuit of improving healthcare – from building leading-edge, integrated systems and software to providing education and support that aims to keep hospitals and their staff at the forefront of minimally invasive care. Helping more people gain access to the care they need is a value we hold strongly. The Finance and the Revenue teams play a critical role in this mission, including in supporting our offering of flexible financing and lease arrangements.

We are looking for a leader to head our revenue department with deep expertise in complex revenue and lease (as a lessor) arrangements to help ensure we continue to provide the highest quality of financial reporting. This is a fantastic opportunity to lead a very strong revenue team and work closely with the executive team, sales, finance, and to provide input and support to our financial reporting process and Audit Committee. 

Essential Job Duties

The Sr. Director, Head of Revenue Accounting reports directly to the Corporate Controller and Principal Accounting Officer and leads a very strong revenue team that is organized in focused groups to support leasing; all other revenue transactions; technical accounting & policy; and a revenue accounting center of excellence team. The Head of Revenue will be the primary owner of all accounting matters stemming from our arrangements with our customers which include multi-element sales arrangements, leasing arrangements, software as a service, and other services. The number of leasing arrangements has increased over time as many of our customers find our flexible financing arrangements helpful in meeting their needs when acquiring robotic surgical systems. Complexity, from an accounting perspective, has also increased over time, which is why we are looking for a leader with deep experience in revenue and leasing arrangements, preferably while working at the national office or in a technical advisory role at a national public accounting firm.

The Head of Revenue will drive our conversations around revenue accounting with the executive team, commercial organization, auditors, and assist in supporting the Company’s Audit Committee. The Head of Revenue will also drive networking and discussions with other life-science and med-device entities around industry practices and emerging accounting topics. We are looking for a thought leader that can help ensure we stay ahead of developments in accounting and financial reporting regulations, have effective risk management practices, and help build and maintain a highly engaged revenue team. We believe in creating a great environment for our teams and take employee engagement very seriously and are looking for leaders who are passionate in developing people and teams.

In addition to these responsibilities, the Head of Revenue will together with the revenue team be responsible for following:

• Build and develop a strong and highly engaged team that displays the highest level of integrity and character in everything we do.
• Ensure we have effective risk assessment and internal controls