Thursday, May 19, 2011

[KITlist] Manager of Revenue Accounting (Sunnyvale, CA)

Please direct your responses to: TLeonard@Panasas.com

Manager of Revenue Accounting

To apply, please visit http://hire.jobvite.com/j/?bj=ojBKVfwj&s=KITList

Panasas, Inc., the leader in high-performance parallel storage for business-critical applications, enables customers to rapidly solve complex computing problems, speed innovation and accelerate new product introduction. Addressing the Big Data market, all Panasas storage products leverage the patented PanFS™ storage operating system to deliver superior performance, data protection, scalability and manageability. The company's global reach extends to 50 countries with a diverse line-up of fortune 500 companies in key verticals including life sciences, finance, oil and gas, government, research, manufacturing and aeronautics.

Building on five consecutive years of uninterrupted revenue growth the company achieved record revenue in 2010, increasing by more than 40 percent for the year. (http://www.panasas.com/company/pressreleases/pr-02-08-2011.php)

Panasas has a culture where bright, dedicated people can flourish with the opportunity to shape an industry.

To learn more, please visit us at www.panasas.com

Summary

The Manager of Revenue Accounting is responsible for the accurate and timely computation of revenue, analysis of complex technical revenue accounting issues, and the preparation of customer invoices. This position interacts with multiple parties inside the organization including sales operations, operations, marketing, and senior management. The Manager of Revenue Accounting also interacts with customers regarding invoice and collection issues.


Responsibilities

The full cycle of the revenue recognition processes—ensure revenue is recorded in the financial statements in accordance with GAAP including preparation and analysis of all revenue information
Offering analysis and guidance to sales as to the revenue implications and economics of sales contracts
Preparing the monthly revenue recognition entries in accordance with the close schedule including reconciling all deferred balance sheet accounts
Company coordinator for annual audit of revenue recognition by independent auditor
Research technical accounting issues as required; review with with CFO, Controller and independent auditor; document company position as required
Real time communication with FP&A on revenue changes and involvement in the revenue forecasting process.
Liaise with other functions within the organization including sales operations, operations and marketing
Creation of business processes and controls related to new product offerings or changes in the business
Continual education of evolving accounting literature and ability to adopt and apply technical accounting pronouncements
Customer invoicing



Experience / Qualifications

4 + years software revenue recognition experience including hands on work developing VSOE and ESP, prefer both public accounting and in-house public company experience
Advanced technical accounting knowledge including evolving revenue accounting literature
Ability to discern relevant facts and in turn, effectively resolve issues –- problem solve
Solid Analytical skills along with the ability to communicate effectively to various parties internally and externally
Experience with ERP systems, Great Plains preferred
Understanding of specific time restrictions/limitations related to month end close
Ability to build and foster relationships and work with cross-functional teams
Strong systems skills with advanced proficiency in all Microsoft Office applications.
Bachelor's degree

To apply, please visit http://hire.jobvite.com/j/?bj=ojBKVfwj&s=KITList



Panasas offers a competitive compensation and benefits package with pre-IPO stock. Equal Opportunity Employer.


------------------------------------

********************************************************************
Read the new KIT List blog at www.kitlist.wordpress.com for job tips and to connect to our community!

Please go to www.KITlist.org to join, post jobs, or get answers to common questions. If you have any comments or questions, you can reach us directly at KITmoderator@KITlist.org.

By using the KIT List you agree to comply with the Terms of Use on the site, and will not use discriminatory employment practices. The KIT List is a service of Connelly Communications, Inc.

TO UNSUBSCRIBE:
Replying to KIT emails with an "unsubscribe" request does not work.
Instead, just send an email (from the same account you used to subscribe) to KITlist-unsubscribe@yahoogroups.com. If you are still receiving emails after a few days, please email us at KITmoderator@KITlist.org and we will manually remove you. Thanks!Yahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/KITlist/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/KITlist/join
(Yahoo! ID required)

<*> To change settings via email:
KITlist-digest@yahoogroups.com
KITlist-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
KITlist-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/