Director of Revenue

We are looking to hire a Director of Revenue to join our team in Minneapolis, Minnesota. This role is integral to our operations in the Printing/Publishing industry. As the Director of Revenue, you will take charge of the global revenue recognition accounting function, manage the revenue team, and act as the subject matter expert for revenue recognition in accordance with ASC606.

Responsibilities:

• Lead the global revenue recognition accounting function and manage the revenue team
• Act as the subject matter expert for revenue recognition in accordance with ASC606
• Oversee the monthly book closing, drive operational process enhancements, and integrate acquired companies’ revenue processes
• Collaborate with team members from legal, IT, sales, accounting, FP& A, billing, product, and marketing departments to improve processes and move the organization forward
• Assist business leaders in defining key controls, auditing processes, and addressing business issues and opportunities
• Ensure global revenue recognition is recorded in accordance with ASC606
• Own the monthly close process to ensure accurate and timely reporting, including controls over the revenue process, analysis, and reporting
• Work collaboratively with other functional leaders to ensure appropriate revenue recognition in accordance with new product launches, pricing changes, new customer contracts and new acquisitions
• Research and document revenue recognition memos/whitepapers and advise on new accounting standards, new/changes in product offerings, new contracts, and acquired companies’ revenue recognition processes
• Conduct accounting policy and principles revenue accounting research and proactively advise management on the potential impact of emerging GAAP guidance and policies
• Review Accounts Receivable / Bad Debt Reserves and related flux analysis
• Review Deferred and Accrued Revenue Adjustments
• Review revenue journal entries and assist revenue team in posting as required
• Review Revenue reconciliations and Sales Credit Reserves
• Work with legal, sales, finance, and project engineering personnel in reviewing revenue contracts to ensure adherence to company policies and verbalize any revenue recognition and operational issues. • Possession of a minimum of 10 years of experience in the Printing/Publishing industry, with a focus on Revenue Management roles.
• Proficient in CRM, Accounting Functions, Accounts Receivable (AR), Auditing, and Billing Functions.
• Demonstrated expertise in Budget Processes, Revenue Recognition, Revenue Recognition Accounting, and Revenue Recognition Guidance.
• Familiarity with ASC 606 is essential.
• Proven experience in using Workday and Workday ERP systems.
• Ability to integrate and manage Salesforce systems effectively.
• Strong leadership skills with the ability to drive revenue growth and manage a team.
• Excellent communication skills and the ability to present complex financial data in an understandable manner.
• A bachelor's degree in Finance, Accounting, or a related field is required, a Master's degree is preferred.
• CPA certification is a plus.
• Proven track record in developing effective strategies for revenue growth.
• Excellent problem-solving skills and the ability to make decisions based on accurate and timely analyses.