The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.
The RoleThe Director, Revenue Accounting & Operations will play a critical role in owning the revenue accounting to ensure a high quality, accurate and efficient monthly and quarterly financial close. This is a key role within the Finance organization that will also be responsible for ensuring the proper controls and policies are in place to help support AspenTech’s growth structure. Based in Bedford, MA, you will have the opportunity to interact with all Finance functions as well as other groups cross functionally within the Quote-to-Cash process.Your Impact- Maintain revenue recognition policy for all revenue streams (License, Maintenance, Professional Services, SaaS) in accordance with ASC 606
- Become the subject matter expert for all revenue recognition, accounts receivable and contract asset/liability related activities
- Review the revenue determinations that are made on customer contracts
- Manage the Revenue Operations team and all related activities including ensuring that all monthly and quarterly close activities are completed timely and in accordance with company policies
- Partner with Commercial Finance and Sales to help structure customer contracts to achieve desired financial outcomes
- Continuously assess and develop internal control structure to ensure accuracy in reported revenue and contract asset/liability balances
- Identify opportunities for system enhancements and participate in related changes to address efficiencies in revenue related processes
- Ensure that monthly, quarterly and transaction-based revenue controls are completed and reviewed in a timely manner in accordance with company SOX documentation
- Work cross functionally with other departments to help structure customer arrangements and to ensure compliance with internal controls and policies
- Liaise with auditors to address technical accounting and other audit matters
- Participate in the drafting of memos to address revenue recognition matters for complex customer arrangements
- Assist other Finance teams in creating and delivering financial metrics and revenue reports to support reporting for forecasts, actuals and tax-related matters
- Be responsible for the reconciliation all GL accounts related to revenue in addition to preparing monthly fluctuation analysis
- Assist with the implementation of acquired business units into the company’s processes/systems
- CPA preferred with experience at a Big 4 or next tier public accounting firm
- Significant knowledge of ASC 606 and all related guidance regarding revenue recognition in a high-tech software company
- Understanding of the requirements of SOX in a public company environment
- Ability to work and communicate effectively with peers and management up to Executive level, particularly with regard to complex customer negotiations and arrangements
- Experience working with sales organizations and customers in a high pressure, fast paced environment
- Very strong written and oral communication skills
- Experience with Oracle Financials and Zuora a plus
- 10 + years of relevant accounting and revenue recognition experience
- 7 years of diversified leadership, planning, communication, organization and people motivation skills
Skills Required
- CPA (preferred) with Big 4 or next-tier public accounting experience
- Significant knowledge of ASC 606 and revenue recognition guidance for high-tech software
- Understanding of SOX requirements in a public company environment
- Ability to work and communicate effectively with peers and management up to Executive level
- Experience working with sales organizations and customers in a high-pressure, fast-paced environment
- Very strong written and oral communication skills
- Experience with Oracle Financials
- Experience with Zuora
- 10+ years of relevant accounting and revenue recognition experience
- 7 years of diversified leadership, planning, communication, organization and people motivation skills
Aspen Technology Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Aspen Technology and has not been reviewed or approved by Aspen Technology.
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Healthcare Strength — Health coverage is described as strong, with comprehensive medical, dental, and vision plans and high-quality carrier options. Several recent remarks characterize the health insurance as "great" or "amazing," with low copays noted in some cases.
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Parental & Family Support — Maternity and paternity leave receive consistently positive mentions and are characterized as well-reviewed. Company materials also highlight family-oriented benefits alongside core coverage.
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Leave & Time Off Breadth — The package includes vacation/PTO, paid holidays, and sick leave, with multiple indications of generous paid time off. Dedicated volunteer hours and well-regarded leave policies reinforce breadth in time-away benefits.
Aspen Technology Insights
What We Do
AspenTech is a global leader in asset optimization software helping the world’s leading industrial companies run their operations more safely, efficiently and reliably – enabling innovation while reducing waste and impact on the environment. AspenTech software accelerates and maximizes value gained from digital transformation initiatives with a holistic approach to the asset lifecycle and supply chain. By introducing effective AI modeling to traditional principles of process engineering, AspenTech delivers a faster and more accurate analysis of efficiency and performance boundaries. The real-time data and actionable insights delivered by our software help customers push the boundaries of what’s possible.
