Deferred Revenue Manager Venafi

Job Code: 1300-1201-01
Job Descriptions:

Venafi is searching for a Deferred Revenue Manager to provide support for the application of consistent revenue recognition policies and procedures for revenue associated with all appropriate transactions. These transactions include software sales, licensing, and professional services.
Responsibilities:

Ensure the proper revenue recognition in accordance with the revenue policy and generally accepted accounting principles (GAAP) including, but not limited to multiple-element arrangements, customer incentives, software licenses and maintenance.
Advise on implications of modifying existing standard contracts throughout NORAM and EMEA.
Maintain the revenue recognition policies for NORAM and EMEA, as well as guidelines for reviewing contracts for revenue recognition.
Provide expertise on all NORAM and EMEA revenue recognition practices and decisions for accounting, financial planning and analysis, sales, product management, legal and billing contracts, and operations.
Proactively build relationships with sales, pricing, product management and contract management personnel to establish strong lines of communication and documentation flow.
Proactively build relationships with the shared service center personnel handling the processing of transactions to ensure compliance with policies and procedures.
Perform technical accounting research regarding revenue recognition and write memo?s documenting conclusions and proper accounting treatment as required.
Proactively identify, assess and implement preventative and detective controls and process improvements and take responsibility for compliance with all internal Sarbanes Oxley related requirements.
Create and review standard revenue reporting including a revenue flash report during each close and an internal revenue growth calculation each quarter, among other reporting.
Review and analyze North American bad debt reserves, credit memo reserves, and any other revenue related reserve requirements and reconciliations and adjust as necessary.
Participate in the balance sheet review process including analysis of accrued, deferred and unbilled revenues.
Oversee some unique customer billing activities.

Required Skills & Knowledge:

Degree in Accounting or Finance with minimum of 5 to 7 years relevant work experience.
Excellent understanding of GAAP as well as SOX requirements.
Preferred: Expert knowledge of revenue recognition issues in general and multiple-element arrangements and software and high-tech revenue recognition.
Demonstrate a track record of designing and instituting policies and procedures that will maintain or enhance a strong control environment.
5+ years? professional experience with Deferred Revenue and Revenue Recognition.
Advanced experience with MS Excel, and Word (Access a plus).
Ability to analyze problems, actively strategize to resolve such problems.
Solid organization skills, the ability to work in a team, and advanced communication skills (both written and oral).

Company Overview:

Venafi, Inc. delivers industry-leading encryption management products and solutions and is deployed in some of the world?s largest companies, including financial services (4 of the top 10), telecommunications (3 of the world?s largest), healthcare, retail, aerospace, and others. Venafi products provide turn-key management of encryption keys and certificates, including discovery, monitoring, enrollment, and provisioning across a broad number of platforms/applications and certificate authorities. The tangible business values for Venafi customers include improved data security and compliance, reduced system failures (caused by mismanaged encryption), and increased operational efficiency. Venafi has been recognized by leading industry analysts and publications as being the leader in this field. For more information, go to www.venafi.com.

Venafi is looking for highly motivated, self-starting, top performing individuals to help further grow its leadership position in the rapidly expanding enterprise key and certificate management (EKCM) market and support the needs of its growing customer base. Venafi offers a strong team environment that encourages excellence, seeks out and rewards individual contributions, and provides opportunities for personal and professional development. A competitive, comprehensive benefits package is offered to full-time employees.

Location:	9350 South 150 East Suite 910 Sandy, UT 84070 United States