Revenue Manager

Posted 9 Days Ago
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Bangalore, Bengaluru Urban, Karnataka
Senior level
Artificial Intelligence • Cloud • Events • Productivity • Software • Business Intelligence • Conversational AI
Trusted AI communications.
The Role
The Revenue Manager will oversee the revenue recognition processes, ensuring compliance with accounting standards like ASC606. Responsibilities include collaborating with various teams to analyze contracts, managing month-end revenue closings, ensuring internal controls, and providing financial insights. This role demands extensive experience in revenue-related issues in a public company environment, data analytics, and technical accounting guidance.
Summary Generated by Built In

Say hello to opportunities.

It’s not every day that you consider starting a new career. We’re RingCentral, and we’re happy that someone as talented as you is considering this role. First, a little about us, we’re a $2 Billion annual revenue company with double digit Annual Recurring Revenue (ARR) and a $93 Billion market opportunity in UCaaS, Contact Center and AI-powered adjacencies. We invest more than $250 million annually to ensure our AI-enabled technology and platforms meet or exceed the needs of our customers. 

RingSense AI is our proprietary AI solution. It’s designed to fit the business needs of our customers, orchestrated to be accurate and precise, and built on the same open platform principles we apply to our core software solutions. 

This is where you and your skills come in. We’re currently looking for: Revenue Manager, Bengaluru

We are looking for a skilled and professional individual for the Revenue Manager role. Reporting to the Sr. Director of Revenue in Belmont, CA, this position has a critical and highly visible role in the process design, implementation, documentation, and accurate recording of revenue. The Revenue Manager has ownership of all accounting aspects of revenue recognition and must understand, analyze and communicate financial impacts to revenue throughout the organization.

Top 3 Skills:

  • Hands-on experience in working remotely with cross-functional teams (Sales, Legal, Operations, deal desk, etc.) in reviewing the revenue deal structure and coordination with the Revenue Team in the head office.
  • Strong understanding of the end-to-end process (including design, implementation, or testing) of the order cash process at mid/large size public companies.
  • Experience in handling large volumes of data and applying data analytics as part of close processes or in public accounting.

 

To succeed in this role, you must have experience in:

  • Global partner and experience in collaborating with Sales, Legal, and Business.
  • Develop a team to review and evaluate the impact of draft contracts for revenue recognition.
  • Provide technical accounting guidance and support to the onsite team in performing recurring revenue close tasks to drive operational efficiency.
  • Evaluate customer contracts to ensure that revenue is recognized accurately in accordance with accounting rules.
  • Work with the FP&A team to provide revenue assurance in the pricing models and new product introductions.
  • Provide technical accounting assistance with special projects.
  • Be actively involved in the design and implementation of new revenue accounting requirements under ASC606.
  • Participate in developing and maintaining strong internal controls, ensuring quality controls over revenue transactions and reporting.
  • Recommend changes to reports and processes to improve productivity and accuracy.
  • Manage month-end and quarter-end revenue close, including reconciliations and related fluctuation analysis and other reporting requirements.
  • Help prepare data and other support information requests as needed for audits and reviews conducted by external auditors.

Desired Qualifications:

  • Bachelor’s degree in accounting.
  • Experience with Big 4 accounting firms and CA/CPA preferred.
  • 5+ years of experience in a public company environment.
  • Experience in reviewing and analyzing License, SaaS, OEM, and Professional Services contracts to identify revenue-related issues for resolution and proper accounting treatment.
  • Knowledge and hands-on experience working with GAAP multi-element revenue recognition accounting standards including ASC 605-25, SAB 104, ASU 2009-13, and ASU 2009-14.
  • Working knowledge of the new revenue recognition guidance under ASC606\ERP System Implementation experience (a plus).
  • Experience with SFDC and NetSuite (a plus).
  • Demonstrated success with process improvement initiatives.
  • A solutions-oriented team player who enjoys a dynamic work environment.
  • Strong organizational skills and ability to meet tight deadlines.
  • Strong interpersonal skills.
  • Ability to communicate clearly and concisely both verbally and in writing.
  • Strong analytical, written, and verbal communication skills, with a sharp focus on details.
  • Ability to communicate complex information in a clear and concise manner.

What we offer:

  • Comprehensive medical, dental, vision, disability, life insurance
  • Health Savings Account (HSA), Flexible Spending Account (FSAs) and Commuter benefits
  • 401K match and ESPP
  • Paid time off and paid sick leave
  • Wellness programs including 1:1 coaching and meditation guidance 
  • Paid parental and pregnancy leave and new parent gift boxes
  • Family-forming benefits (IVF, Preservation, Adoption etc.)
  • Emergency backup care (Child/Adult/Pets)
  • Pet insurance and Pet Telehealth
  • Employee Assistance Program (EAP) with counseling sessions available 24/7
  • Free legal services that provide legal advice, document creation and estate planning
  • Employee bonus referral program
  • Student loan refinancing assistance
  • Employee perks and discounts program

RingCentral’s Finance team gives you an incredible opportunity to manage stratospheric growth and learn from the best. It’s an unmatched opportunity to put your professional and personal growth on an upward trajectory. You’ll lead change at a $2 billion company that’s growing 30% every year—in a people-first environment designed to power your career. Our work culture is the backbone of our success. And don’t just take our word for it: we are recognized as the Best Place to Work by Glassdoor, the Top Work Culture by Comparably, and hold local BPTW awards in every major location. Bottom line: We are committed to hiring and retaining great people because we know you power our success. RingCentral offers on-site, remote, and hybrid work options optimized for the ways we work and live now.

RingCentral’s work culture is the backbone of our success. And don’t just take our word for it: we are recognized as a Best Place to Work by Glassdoor, the Top Work Culture by Comparably and hold local BPTW awards in every major location. Bottom line: We are committed to hiring and retaining great people because we know you power our success. RingCentral offers on-site, remote and hybrid work options optimized for the ways we work and live now.

About RingCentral

RingCentral, Inc. (NYSE: RNG) is a leading provider of business cloud communications and contact center solutions based on its powerful Message Video Phone™  (MVP™) global platform. More flexible and cost effective than legacy on-premises PBX and video conferencing systems that it replaces, RingCentral® empowers modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral is headquartered in Belmont, California, and has offices around the world.

RingCentral is an equal opportunity employer that truly values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. 

The Company
HQ: Belmont , CA
7,000 Employees
Hybrid Workplace
Year Founded: 2003

What We Do

RingCentral is a global leader in AI-powered trusted business communications, contact center, revenue intelligence, video and hybrid event solutions. RingCentral empowers businesses with conversation intelligence and unlocks rich customer and employee interactions to provide insights and improved business outcomes.

Why Work With Us

Innovation isn't just a buzzword—it's the core and heart of everything we do. We believe that groundbreaking ideas emerge from every corner of our organization. Our biggest strength? We are not all the same. At RingCentral, our commitment to fostering a culture of curiosity and inclusivity is what sets us apart.

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