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Bentley Systems is looking for a Director of Revenue Accounting to lead the company’s global revenue recognition and reporting function. Reporting to the VP, Finance, the position is responsible for maintaining documentation and oversight of the application of Company accounting policies in accordance with US GAAP and SEC rules and regulation on a global basis. This is a high-profile position with directly visibility to the CFO, CRO and other members of the executive management team.
Job Responsibility:
Global process owner for revenue accounting and analysis function. Lead a growing team currently consisting of five colleagues
Responsible for overseeing and managing various month-end/quarter-end close activities, including but not limited to RevPro administration, journal entry review, account reconciliations, disclosures, and ad hoc analysis
Develop strong business partnerships with sales, legal and other teams to ensure compliance with accounting policies, answer questions and be an enabler to business growth
Assist our Portfolio Development and acquisition team to review the revenue recognition policies of target companies
Hold responsibility for the company’s overall compliance with ASC 606, Revenue From Contracts with Customers, and oversee the review of sales contracts to ensure proper revenue recognition in accordance with company policy and accounting standards
Prepare and/or review technical accounting positions on new complex arrangements
Oversee quarterly analysis of revenue performance and key metrics as disclosed in the MD&A section of the Company’s SEC filings
Drive worldwide fair value policy and responsible for managing worldwide SSP analysis and compliance
Consult with and advise senior leadership, product, and operations counterparts on revenue recognition and the impact on new and existing business models
Oversee all aspects of the external audit relative to contract reviews and revenue recognition (accounting/controls), globally
Liaise with external auditors to evaluate new arrangements and technical accounting issues
Ensure compliance with internal controls for revenue processes
Work with stakeholders and build a deep understanding of the QTC and revenue recognition process to further streamline processes, implement new, or changes to, commercial offerings, and assist in acquisition integration
Coordinate between functions to identify and facilitate data analytics, visual dashboards, and reports for key business initiatives, new strategies, or KPIs
This role will require travel to our Exton, PA office if not local on a quarterly basis, potential for additional minimal travel
Requires sitting or standing at will while performing work on a computer (or any other physical requirements)
Requirements:
Bachelor’s degree and CPA required with a strong technical knowledge of US GAAP, specifically software revenue recognition (ASC 606)
10+ years of progressive accounting or finance experience including Big 4 and public company experience
Experience working for or serving companies in the software or technology industry
RevPro and SalesForce/Workday ERP knowledge preferred
Excellent analytical and interpersonal skills
Strong communication and influencing skills. Ability to build relationships
Highly productive and dependable team player
Proven ability to work well in a fast-paced, deadline-oriented environment
Commitment to process improvement and the ability to think “out-of-the-box”
Nice to have:
RevPro and SalesForce/Workday ERP knowledge preferred
What we offer:
A great Team and culture
An exciting career as an integral part of a world-leading software company providing solutions for architecture, engineering, and construction
An attractive salary and benefits package
A commitment to inclusion, belonging and colleague wellbeing through global initiatives and resource groups
A company committed to making a real difference by advancing the world’s infrastructure for better quality of life, where your contributions help build a more sustainable, connected, and resilient world
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