People Matter

Revenue Manager

RingCentral

RingCentral

Bengaluru, Karnataka, India
Posted on Tuesday, June 18, 2024

Say hello to possibilities.

It’s not everyday that you consider starting a new career. We’re RingCentral, and we’re happy that someone as talented as you is considering this role. First, a little about us, we’re the $2 billion global leader in cloud-based communications and collaboration software. We are fundamentally changing the nature of human interaction—giving people the freedom to connect powerfully and personally from anywhere, at any time, on any device.

We’re expanding our Finance Team to make sure we stay ahead of the competition.

We’re currently looking for Revenue Manager, Bengaluru

We are looking for a skilled and professional individual for the Revenue Manager role. Reporting to the Sr. Director of Revenue in Belmont, CA, this position has a critical and highly visible role in the process design, implementation, documentation, and accurate recording of revenue. The Revenue Manager has ownership of all accounting aspects of revenue recognition and must understand, analyze and communicate financial impacts to revenue throughout the organization.

Top 3 Skills:

- Hands-on experience in working remotely with cross-functional teams (Sales, Legal, Operations, deal desk, etc.) in reviewing the revenue deal structure and coordination with the Revenue team in the head office.
- Strong understanding of the end-to-end process (including design, implementation, or testing) of the Order cash process at mid/large size public Companies.
- Experience in handling large volumes of data and applying data analytics as part of close processes or in public accounting.

To succeed in this role you must have experience in:

- Global partner and experience in collaborating with Sales, Legal, and Business.
- Develop a team to review and evaluate the impact of draft contracts for revenue recognition.
- Provide technical accounting guidance and support to the onsite team in performing recurring revenue close tasks to drive operational efficiency.
- Evaluate customer contracts to ensure that revenue is recognized accurately in accordance with accounting rules.
- Work with the FP&A team to provide revenue assurance in the pricing models and new product introductions.
- Provide technical accounting assistance with special projects.
- Be actively involved in the design and implementation of new revenue accounting requirements under ASC606.
- Participate in developing and maintaining strong internal controls, ensuring quality controls over revenue transactions and reporting.
- Recommend changes to reports and processes to improve productivity and accuracy.
- Manage month-end and quarter-end revenue close, including reconciliations and related fluctuation analysis and other reporting requirements.
- Help prepare data and other support information requests as needed for audits and reviews conducted by external auditors.

Qualifications & Skills:
- Bachelor’s degree in Accounting.
- Experience with Big 4 accounting firms and CA/CPA preferred.
- 5+ years of experience in a public company environment.
- Experience in reviewing and analyzing License, SaaS, OEM, and Professional Services contracts to identify revenue-related issues for resolution and proper accounting treatment.
- Knowledge and hands-on experience working with GAAP multi-element revenue recognition accounting standards including ASC 605-25, SAB 104, ASU 2009-13, and ASU 2009-14.
- Working knowledge of the new revenue recognition guidance under ASC606\ERP System Implementation experience (a plus).
- Experience with SFDC and NetSuite (a plus).
- Demonstrated success with process improvement initiatives.
- A solutions-oriented team player who enjoys a dynamic work environment.
- Strong organizational skills and ability to meet tight deadlines.
- Strong interpersonal skills.
- Ability to communicate clearly and concisely both verbally and in writing.
- Strong analytical, written, and verbal communication skills, with a sharp focus on details.
- Ability to communicate complex information in a clear and concise manner.

What we offer:

• Mediclaim Benefits

• Paid Holidays

• Casual/Sick Leave

• Privilege Leave

• CaRing Days

• Bereavement Leave

• Maternity Leave

• Paternity Leave

• Wellness Coaching

• Employee Referral Bonus

• Professional Development Allowances

RingCentral’s Finance team gives you an incredible opportunity to manage stratospheric growth and learn from the best. It’s an unmatched opportunity to put your professional and personal growth on an upward trajectory. You’ll lead change at a $2 billion company that’s growing 30% every year—in a people-first environment designed to power your career. Our work culture is the backbone of our success. And don’t just take our word for it: we are recognized as the Best Place to Work by Glassdoor, the Top Work Culture by Comparably, and hold local BPTW awards in every major location. Bottom line: We are committed to hiring and retaining great people because we know you power our success. RingCentral offers on-site, remote, and hybrid work options optimized for the ways we work and live now.