GAQ226R233
While candidates in the listed location(s) are encouraged for this role, candidates in other locations will be considered.
Databricks is looking to hire a Revenue Assurance Manager. With a goal of organizational excellence in support of Databricks' rapid growth and strategic goals, the Revenue Assurance Manager will act as a subject matter expert while partnering with cross-functional teams to maximize revenue and ensure the accuracy of revenue reporting. You will be responsible for optimizing revenue-related contractual terms, providing guidance on contract structures pre-execution, and reviewing contracts post-execution to finalize and document revenue recognition treatment in a timely manner. You will participate in projects to help build a sustainable, SOX-compliant deal support function to fuel deal velocity. This role requires a highly energetic, collaborative, and cross-functional individual who has a strong understanding of ASC 606, and is a problem-solver and strategic thinker.
This position reports to the Sr. Manager, Revenue Assurance.
The impact you will have:
* Support the Sales organization by advising on complex accounting and finance compliance issues during contract/deal negotiations in order to ensure deals are structured in accordance with Databricks' policy and US GAAP (ASC 606) to maximize revenue
* Review new and modified customer contracts to determine appropriate revenue recognition in accordance with ASC 606 and prepare revenue checklists and technical accounting memos
* Evaluate and apply revenue recognition principles in a complex usage-based revenue model that contemplates new product offerings, contract modifications, gross vs. net considerations, variable consideration, volume-based pricing, and other technical topics as needed
* Prepare monthly/quarterly deal metrics and other reporting as needed
* Support internal and external audit requirements for quarterly and annual audits
* Engage with Sales, Deal Desk, Strategic Deal Pricin,g and RevOps on strategic, complex, nonstandard transactions to accelerate deal velocity and provide trusted finance leadership to the deal process in support of accurate revenue recognition
* Identify opportunities for process optimization within the quote-to-revenue process, implementing best practices to enhance efficiency and accuracy while maintaining a SOX-compliant control environment
* Summarize findings to seek alignment between Commercialization, Legal, SalesOps, Revenue, and RevOps to drive consistency and best practices to build for scale
* Participate in and support user acceptance testing (UAT) and validation of revenue-related functionality in various automation projects
What we look for:
* Bachelor's degree with an emphasis in Business, Finance, or Accounting, CPA is a plus
* 5+ years of experience in public or corporate accounting, with at least 3 years focused on revenue recognition
* Strong understanding of revenue recognition principles and ASC 606
* Experience in working with Sales to assist with deal negotiations, providing guidance to ensure deal structures and commercial terms result in contracts that meet company policy and objectives
* Deal review and operational accounting experience in a growing SaaS technology business
* Experience with writing technical revenue memos
* Intermediate to advanced spreadsheet skills, including V-lookups and pivot tables required
* Excellent communication and presentation skills, with the ability to work with cross-functional teams and senior management