*This position can be remote within the US*
What we’re looking for…
We are seeking a dedicated and experienced individual to join our finance team as an Order-to-Cash and Revenue Recognition Manager. The role is responsible for managing the end-to-end order-to-cash process, ensuring compliance with revenue recognition guidelines under ASC 606, and managing accounts receivable using NetSuite. The ideal candidate will have a strong background in revenue accounting, extensive knowledge of ASC 606, and proficiency in NetSuite or similar ERP systems. This role has 2 direct reports.
What you’ll be doing…
Order-to-Cash Management:
- Manage the order-to-cash process, including order entry, invoicing, billing, collections, and cash application.
- Work closely with sales, operations, and customer service teams to streamline order processing and ensure timely and accurate invoicing.
- Monitor order backlog, shipments, and delivery schedules to facilitate accurate billing and revenue recognition.
- Collaborate with cross-functional teams to resolve order-related issues and optimize the order-to-cash cycle.
- Manage Salesforce to NetSuite integration.
2. Revenue Recognition:
- Ensure compliance with ASC 606 revenue recognition standards for all customer contracts and sales transactions.
- Review sales contracts and agreements to determine appropriate revenue recognition treatment.
- Utilize NetSuite Advanced Revenue Management module for automated revenue recognition
- Prepare memos and documentation supporting revenue recognition decisions
- Maintain Standalone Selling Price documentation
3. Accounts Receivable Management with NetSuite:
- Utilize NetSuite or similar ERP system to manage accounts receivable processes, including customer invoicing, collections, and credit management.
- Monitor accounts receivable aging and proactively follow up on past due accounts to ensure timely payment.
- Work closely with customers to resolve billing discrepancies and disputes in a timely manner.
- Generate and analyze accounts receivable reports to identify trends, variances, and opportunities for improvement.
4. System Optimization and Integration:
- Identify opportunities to optimize and streamline order-to-cash processes within NetSuite.
- Collaborate with IT and finance teams to implement system enhancements, integrations, and automation solutions to improve efficiency and accuracy.
- Provide training and support to users on NetSuite functionalities related to order-to-cash and revenue recognition.
Qualities you possess…
- Bachelor's degree in accounting, finance, or related field.
- CPA designation preferred.
- 5+ years of experience in revenue accounting, order-to-cash management, and accounts receivable.
- Deep understanding of ASC 606 revenue recognition standards and their application to various business scenarios.
- Proficiency in NetSuite or similar ERP systems.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Ability to multitask, prioritize, and meet tight deadlines in a fast-paced environment.
Benefits & Perks
- A remote-first culture - work from home or come into the office, it's totally up to you.
- Comprehensive medical, dental and vision plans.
- 401(k) plan with employer match.
- Flexible Paid Time Off (FTO) so that you can take the time that you need to re-energize.
- Volunteer Time Off (VTO) - take two days off per calendar year to volunteer with your preferred charitable organization.
- 5-year Service Milestone Sabbatical.
- Paid parental leave.
- Generous employee referral bonus program.
- Pet insurance.
- HQ Office centrally located in Reston Town Center featuring a well-stocked kitchen with rotating snacks and beverages, and catered lunch on Thursdays.
- Regular virtual company-wide events, including cooking classes, yoga, meditation and more.
- The opportunity to learn and develop from some of the best and brightest minds in the industry!
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At ScienceLogic, we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or any other applicable legally protected characteristics in the location in which you are applying.
About ScienceLogic
ScienceLogic is a leader in IT Operations Management, providing modern IT operations with actionable insights to resolve and predict problems faster in a digital, ephemeral world. Its solution sees everything across cloud and distributed architectures, contextualizes data through relationship mapping, and acts on this insight through integration and automation.www.sciencelogic.comAll ScienceLogic employees have the responsibility to protect information assets, adhere to access controls, report suspicious activity, and comply with security and privacy policies.#LI-Remote
