Manager, Technical Revenue Accounting

A Moving Experience.

Cerence AI is looking for a Technical Revenue Accounting Manager to join our Finance team. In this role, you will be responsible for managing contract reviews to ensure compliance with ASC 606 revenue accounting standards and company policies. You will achieve cross-functional alignment with key business stakeholders on revenue accounting impacts, provide technical accounting guidance, support revenue accounting operations, and drive process and system improvement initiatives, including automation and the use of AI where applicable.

This is a hands-on role requiring subject matter expertise in ASC 606 and exceptional attention to detail. You will actively problem-solve revenue recognition issues across various teams. You’re a great fit for this role if you have a strong understanding of revenue accounting standards (ASC 606), are solution-oriented, have strong business acumen, and can simplify complex problems in your communication (both oral and written). You will have the opportunity to collaborate and gain exposure to other areas of the finance organization, including, but not limited to, accounting operations, project accounting, and financial reporting.

The qualified candidate will work closely with other groups, including Order Management, Revenue Operations, Sales Operations, Sales and Legal teams.

Principal Duties and Responsibilities:

• Manage and lead in the preparation, review, and approval of customer contracts, ensuring appropriate recognition in accordance with ASC 606, while providing support and guidance by partnering with Sales, Legal, Order Management, and Sales Operations teams on deal structure, contractual terms, and revenue guidance implementation.
• Serve as one of the company’s subject matter experts on ASC 606, owning the end-to-end revenue accounting process.
• Oversee month-end and quarter-end tasks, including preparing complex fair value allocation workbooks, journal entries, and technical memos under ASC 606, while actively managing the Technical Revenue Accounting team's daily activities, such as deal tracking, priority approvals, and transactional revenue reviews.
• Lead in the preparation of Technical Revenue Accounting ad hoc projects (SSP Analysis, Customer Life Analysis, Revenue Policies).
• Collaborate with the Project Accounting team on various tasks such as transactional revenue approvals, project revenues, project terminations and modifications.
• Continuously identify and implement improvements to revenue accounting processes to enhance efficiency and accuracy.
• Serve as a point of contact for external auditors regarding revenue accounting matters, providing necessary documentation and explanations.

Salary

Salary range of $98,700 – 158,000. (It is not typical for offers to be made at or near the top of the range. The actual salary will be determined based on experience and other job-related factors).

Education and Experience:

• Bachelor’s Degree in Accounting / Finance

· CPA required

• Public accounting firm / Publicly traded company background

· 6+ Years of Experience

Required Qualifications and Skills:

• Excellent interpersonal skills and team player attitude.
• Strong problem-solving and navigating a fluid and fast-paced environment.
• High-level analytical abilities and excellent communication skills, both verbal and written.
• Working knowledge of US GAAP, ASC 606, SOX, and the audit cycle of a large accelerated filer.
• Extensive knowledge of Excel, Outlook, PowerPoint, Word, Visio.
• Self-motivated with the ability to manage deadlines and work efficiently and effectively in a remote-work environment.
• Careful attention to detail and strong organizational skills.
• Self-starter with a continuous improvement mindset, willing to seize opportunities for improvement and implement such improvements.

Cerence Inc. (Nasdaq: CRNC and www.cerence.com) is the global industry leader in creating unique, moving experiences for the automotive world. Spun out from Nuance in October 2019, Cerence is a new, independent company that has quickly gained traction as a leader in the automotive voice assistant space, working with all of the world’s leading automakers – from Ford and Fiat Chrysler to Daimler, Audi and BMW to Geely and SAIC – to transform how a car feels, responds and learns. Its track record is built on more than 20 years of industry experience and leadership and more than 500 million cars on the road today across more than 70 languages.

As Cerence looks to the future and continues an ambitious growth agenda, we need someone to join the team and help build the future of voice and AI in cars. This is an exciting opportunity to join Cerence’s passionate, dedicated, global team and be a part of meaningful innovation in a rapidly growing industry.

EQUAL OPPORTUNITY EMPLOYER

Cerence is firmly committed to Equal Employment Opportunity (EEO) and to compliance with all federal, state and local laws that prohibit employment discrimination on the basis of age, race, color, gender, gender identity, gender expression, sex, sex stereotyping, pregnancy, national origin, ancestry, religion, physical or mental disability, medical condition, marital status, citizenship status, sexual orientation, protected military or veteran status, genetic information and other protected classifications. Cerence Equal Employment Opportunity Policy Statement.

All prospective and current Employees need to remain vigilant when it comes to executing security policies in the workplace. This includes:

• Following workplace security protocols and training programs to familiarize with the ways to maintain a safe workplace.
  - Following security procedures to report any suspicious activity.
  - Having respect for corporate security procedures to allow those procedures to be effective.
  - Adhering to company's compliance and regulations.
  - Encouraging to follow a zero tolerance for workplace violence.
• Basic knowledge of information security and data privacy requirements (e.g., how to protect data & how to be handling this data).
• Demonstrative knowledge of information security through internal training programs.

Originally posted on Himalayas