[Remote] Director of Revenue Accounting

Note: The job is a remote job and is open to candidates in USA. Avid is a company that provides technology and collaborative tools for media creation. They are seeking a Director of Revenue Accounting who will lead revenue recognition processes globally, ensuring compliance with ASC 606 and GAAP standards while collaborating with various departments to evaluate complex arrangements.ResponsibilitiesTechnical Revenue Recognition LeadershipServe as Avid’s primary technical authority on ASC 606 (Revenue from Contracts with Customers) and maintain working fluency in legacy ASC 605 for transition-period comparatives and contract modificationsAuthor and maintain technical accounting position papers, white papers, and contract review memos that document the company’s application of GAAP to complex arrangementsEvaluate new and non-standard customer contracts, identifying performance obligations, variable consideration, SSP allocations, license vs. service distinctions, and principal/agent considerationsMonitor FASB ASU updates, SEC staff guidance (e.g., SAB 104, Topic 13), and emerging practice to proactively assess impact on Avid’s revenue modelLead technical accounting discussions with external auditors, ensuring positions are defensible, documented, and consistently appliedRevenue Close & ReportingOwn the monthly and quarterly revenue close process end-to-end—from journal entry review to final flux analysis—ensuring timely, accurate completion within close deadlinesOversee the integrity of transaction data and configurations within RevPro (the company’s revenue management system), ensuring proper allocation and recognition schedules across all contract typesPrepare and review revenue-related disclosures for SEC filings (10-K, 10-Q), including disaggregation of revenue, contract balances (deferred revenue, unbilled AR), remaining performance obligations (RPO), and significant judgmentsDevelop and maintain robust month-end analytical review procedures that quickly surface anomalies for investigationDeal Desk & Commercial PartnershipAct as a standing resource for Deal Desk and Sales during contract negotiation, providing real-time guidance on how proposed terms (e.g., cancellation rights, acceptance clauses, bundled elements, discounts) affect revenue recognitionEducate Sales, Customer Success, and Legal teams on ASC 606 principles in clear, non-technical language—building a compliance culture without slowing deal velocityMaintain a repository of pre-approved contract language and term structures that simplify deal review for recurring transaction typesInternal Controls & SOX ComplianceOwn the design, documentation, and operating effectiveness of key revenue-related internal controls under SOX, including controls over contract review, system configuration, and journal entryCoordinate with internal audit and external auditors on revenue controls testing, walkthroughs, and remediation of any deficienciesEnsure that the revenue accounting team’s processes are audit-ready at all timesTeam Leadership & DevelopmentLead, mentor, and develop a team of Revenue Managers and Revenue Accountants, setting clear performance expectations and fostering a culture of precision, learning, and accountabilityBuild scalable processes and desk procedures that reduce key-person dependency and support team growthPartner with Finance leadership on hiring, succession planning, and organizational design for the revenue functionSystems, Process, & Special ProjectsServe as the finance lead and subject matter expert on RevPro enhancements, system upgrades, and integrations with ERP (e.g., NetSuite, SAP) and CPQ toolsLead or contribute to revenue workstreams in M&A due diligence and acquisition integration, including carve-out accounting and purchase price allocation for deferred revenueDrive continuous process improvement across the revenue cycle to enhance efficiency, controls, and scalabilitySkillsBachelor's degree in Accounting; CPA license required8+ years of progressive accounting experience, including a meaningful mix of public accounting (Big 4 or regional firm) and industry roles at publicly traded companiesDeep, hands-on expertise in ASC 606 including multi-element / multiple performance obligation arrangements, SSP estimation, variable consideration, licensing, and SaaS/subscription modelsFamiliarity with ASC 605 for legacy contract analysis and comparative period reportingDemonstrated experience authoring technical accounting memos and presenting positions to external auditorsExperience managing a revenue accounting close process at a publicly traded company, including SEC disclosure preparationSOX controls experience—design, documentation, and operating effectiveness testingExceptional written and verbal communication skills; ability to distill complex GAAP issues for non-accountant audiences including Sales, Legal, and C-suiteStrong people leadership skills with a track record of developing high-performing teamsExperience with RevPro, Zuora Revenue, or a comparable revenue management systemBackground in software, SaaS, media technology, or other multi-element subscription / license businessesM&A and integration experience, including deferred revenue step-down and purchase accountingFamiliarity with IFRS 15 for international entity reportingExperience presenting to Audit Committees or CFOs on revenue accounting mattersCompany OverviewWe help media visionaries create art that colors our perceptions and enriches our culture. It was founded in 1987, and is headquartered in Burlington, Massachusetts, USA, with a workforce of 1001-5000 employees. Its website is http://www.avid.com.