Revenue Manager Parallels

Revenue Manager (Renton, WA)

Want to join one of the fastest-growing, most innovative software companies in the world? Are you interested in taking on an exciting, challenging and rewarding leadership role at a privately held, profitable company? Join the company that is leading the innovation of virtualization and automation software on desktops and servers for consumers, businesses and service providers.

Recently named a Top 100 private company in the country by Red Herring, Parallels is looking to extend its market success from its current positions as the #1 in desktop virtualization, #1 in container-based server virtualization, and #1 in automation control panels.

Founded in 1999, Parallels offers a dynamic environment at a truly global company with over 800 employees, 15 million customers, and 800 partnerships including Microsoft, Apple and Intel.

Please visit www.parallels.com for more about our award-winning products and company.

Role Definition

The Revenue Manager will be responsible for providing corporate-wide revenue recognition accounting, reporting, and related internal controls. This position is focused on software and services revenue recognition. The revenue manager will also play a key role in contract review/negotiations, revenue recognition training, and the revenue forecasting process. The ideal candidate must enjoy working in a growing, fast-paced environment. This position reports to VP Finance â€" Group Controller.

Responsibilities

• Point of contact for all revenue recognition matters relating to the Company
• Work with Sales, Sales Operations and Legal during contract negotiations
• Review revenue related contracts for compliance with revenue recognition guidelines, ASC 985-605 (f/k/a SOP 97-2), ASC 605-25 (f/k/a EITF 00-21), and ASU 2009-13 (f/k/a EITF 081-1) and determine appropriate treatment
• Maintain documentation for all review and compliance work completed
• Lead training on revenue recognition rules, policies and practices within the Company, and in particular within the Sales organization
• Participate and assist in forecasting the Company's recognized revenue
• Revenue reporting and analysis as needed
• Prepare audit schedules, provide analysis, and work with external auditors as needed
• Seek to continuously improve current process and procedures
• Ad-Hoc revenue projects as required

Qualifications

• CPA preferred
• Combination of public accounting & recent experience (in a revenue recognition role) at a public software company is preferred
• In-depth knowledge of ASC 985-605 (f/k/a SOP 97-2), ASC 605-25 (f/k/a EITF 00-21), and ASU 2009-13 (f/k/a EITF 08-1) principles
• Excellent interpersonal skills; ability to articulate verbally and written, willingness to appropriately debate difficult issues; ability to think quickly and present to an audience
• Ability to work in dynamic, fast paced, fast growing company where adaptability is imperative
• Ability to build relationships with new and existing executives across functions
• Ability to quickly grasp company operations and business drivers
• Strong MS Excel and MS PowerPoint skills highly desirable
• Bachelor's degree
• 5 to 7+ years of financial experience with relevant revenue recognition experience require

Standout Compensation and Benefits

What's in it for the right Candidate?

• Competitive Compensation and Benefit plan
• Stock options
• 10 annual holidays and 18 additional days of paid time off
• The unique opportunity to have a significant leadership impact at one of the world's fastest growing software companies

Thanks for considering Parallels, one of the world's fastest growing software companies!