Director, Technical Revenue Accounting

Posted 7 Days Ago
Be an Early Applicant
Santa Clara, CA
In-Office
192K-265K Annually
Senior level
Cybersecurity
The cybersecurity partner of choice, protecting our digital way of life.
The Role
The role involves overseeing technical revenue accounting processes, supporting monthly closings, ensuring compliance, and collaborating across functions to optimize revenue recognition while addressing complex accounting issues.
Summary Generated by Built In
Company Description

Our Mission

At Palo Alto Networks® everything starts and ends with our mission:

Being the cybersecurity partner of choice, protecting our digital way of life.
Our vision is a world where each day is safer and more secure than the one before. We are a company built on the foundation of challenging and disrupting the way things are done, and we’re looking for innovators who are as committed to shaping the future of cybersecurity as we are.

Who We Are

We take our mission of protecting the digital way of life seriously. We are relentless in protecting our customers and we believe that the unique ideas of every member of our team contributes to our collective success. Our values were crowdsourced by employees and are brought to life through each of us everyday - from disruptive innovation and collaboration, to execution. From showing up for each other with integrity to creating an environment where we all feel included.

As a member of our team, you will be shaping the future of cybersecurity. We work fast, value ongoing learning, and we respect each employee as a unique individual. Knowing we all have different needs, our development and personal wellbeing programs are designed to give you choice in how you are supported. This includes our FLEXBenefits wellbeing spending account with over 1,000 eligible items selected by employees, our mental and financial health resources, and our personalized learning opportunities - just to name a few!

At Palo Alto Networks, we believe in the power of collaboration and value in-person interactions. This is why our employees generally work full time from our office with flexibility offered where needed. This setup fosters casual conversations, problem-solving, and trusted relationships. Our goal is to create an environment where we all win with precision.

Job Description

Your Career

Become a member of the Technical Revenue team at Palo Alto Networks! We are seeking a highly motivated Technical Revenue Senior Manager who is excited to join a high growth Company. The ideal candidate must possess strong critical thinking and communication skills. This person will partner closely with our cross-functional teams to structure and negotiate contractual terms, perform revenue close accounting activities, as well as work with key stakeholders, lead projects, develop new processes and improve on the month-end close process. The position requires a hands-on person who is flexible, solutions-oriented and works well under pressure in a fast-paced environment.

You have a passion for numbers; our organization has a passion for cybersecurity. You’re looking for a career with a more fulfilling mission. We have open positions to top talent seeking a financial challenge. Our accounting department deals with numbers daily, supporting infrastructure, dealing in automation, building solutions and providing accurate, insightful financial information to empower our business lines. The ideal candidate has exceptional skills in accounting and analytics and an innovative mindset to approach finance problems differently. Our innovation doesn’t stay in Research and Development. Within finance and accounting, we seek people who are looking to try new things, while solving business critical equations. If you’re seeking a financial challenge but with a world-wide impact – this is it.

Your Impact

  • Partner with Sales, Legal, FP&A, and Sales Operations on non-standard contract reviews to determine revenue impact and provide recommendations to maximize revenue and other key financial metrics

  • Support monthly closing activities including, but not limited to, reviewing non-routine revenue transactions, performing accounting assessments, preparing accurate journal entries, and documenting revenue conclusions

  • Monitor revenue inbox to respond timely and appropriately to business requests

  • Research, resolve, and operationalize complex and non-routine revenue accounting transactions

  • Identify actionable insights and suggest recommendations to address issues and improve accounting processes/efficiencies

  • Create accounting policy for new product introductions in partnership with the Product and IT organizations

  • Participate in and/or lead projects and initiatives with cross functional impacts 

  • Ensure compliance with SOX 404 key controls

  • Assist with external audits and special projects as needed

Qualifications

Your Experience 

  • Bachelor’s Degree in Accounting, Finance, or related field or equivalent military experience 

  • Minimum of 8+ years of related work experience with 6+ years of Technical Revenue experience 

  • Prior Public Accounting experience with regards to Revenue (ASC 606) preferred 

  • CPA or equivalent a plus

  • SAP, SFDC, Big Query and accounting operations experience a plus

  • Advanced knowledge of  Microsoft Office (Excel and PowerPoint) and Google Sheets

  • Experienced in writing complex technical revenue accounting position papers

  • Solid organizational skills with the ability to manage priorities and execute in a fast-paced environment with attention to details

  • Team player and effective communicator with all levels of management and cross functional organizations.

Additional Information

The Team

The Technical Revenue Team plays a pivotal role in our company's success by ensuring that our revenue recognition processes are optimized and compliant with regulatory standards. By partnering closely with our legal, finance, and sales teams, the Technical Revenue Team meticulously reviews and analyzes sales contracts to guarantee alignment with SEC guidelines. This collaboration not only safeguards the company against potential compliance risks but also enhances our financial reporting accuracy. Their expertise in navigating complex regulatory landscapes and their dedication to maintaining high standards of integrity are crucial in protecting the company's financial health and fostering sustainable growth.

Compensation Disclosure

The compensation offered for this position will depend on qualifications, experience, and work location. For candidates who receive an offer at the posted level, the starting base salary (for non-sales roles) or base salary + commission target (for sales/commissioned roles) is expected to be between $192000 - $264500/YR. The offered compensation may also include restricted stock units and a bonus. A description of our employee benefits may be found here.

Our Commitment

We’re problem solvers that take risks and challenge cybersecurity’s status quo. It’s simple: we can’t accomplish our mission without diverse teams innovating, together.

We are committed to providing reasonable accommodations for all qualified individuals with a disability. If you require assistance or accommodation due to a disability or special need, please contact us at  [email protected].

Palo Alto Networks is an equal opportunity employer. We celebrate diversity in our workplace, and all qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or other legally protected characteristics.

All your information will be kept confidential according to EEO guidelines.

Top Skills

Big Query
Google Sheets
MS Office
SAP
SFDC
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The Company
HQ: Santa Clara, CA
16,068 Employees
Year Founded: 2005

What We Do

As the global AI and cybersecurity leader, Palo Alto Networks (NASDAQ: PANW) is dedicated to protecting our digital way of life via continuous innovation. Trusted by more than 70,000 organizations worldwide, we provide comprehensive AI-powered security solutions across network, cloud, security operations and AI, enhanced by the expertise and threat intelligence of Unit 42. Our focus on platformization allows enterprises to streamline security at scale, ensuring protection fuels innovation.

Why Work With Us

We are relentless in protecting our customers and their customers from bad actors, threats, and slow downs. This shows up in our speed, thirst to solve problems, our values. We are united in this mission and the unique ideas it takes to keep up. This is why we embrace each individual who is part of our team determined to make a difference.

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