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Senior Director, Revenue Accounting
Job in
Champaign, Champaign County, Illinois, 61820, USA
Listed on 2026-06-07
Listing for:
Rocket Software, Inc.
Full Time
position Listed on 2026-06-07
Job specializations:
-
Finance & Banking
Financial Reporting
Job Description & How to Apply Below
Job Summary
The Senior Director of Accounting leads the global revenue recognition function, ensuring the integrity, scalability, and compliance of revenue accounting practices across the organization. The role provides executive oversight of revenue recognition in accordance with US GAAP (ASC 606), partners cross‑functionally to support evolving business models, and influences strategic initiatives such as the transition to subscription‑based models and enterprise license agreements.
This highly visible position leads a global team, advising senior leadership on business and commercial decisions through deep accounting expertise and forward‑looking insight.
- Build and maintain strong cross‑functional partnerships to anticipate the financial and revenue recognition implications of business decisions in advance, ensuring consistent and predictable outcomes.
- Partner closely with Sales, Legal, Business Units, and Finance teams to shape deal structures and pricing strategies in alignment with revenue recognition requirements.
- Lead and influence enterprise‑wide initiatives, including ERP transformation, process optimisation, and adoption of new accounting standards.
- Own the design and continuous improvement of the order‑to‑cash revenue accounting process, overseeing revenue automation systems, subledger configuration, and integration with the ERP environment.
- Identify opportunities to drive efficiency, strengthen controls, and improve the quality and timeliness of financial insights.
- Act as a trusted advisor to senior finance and business leaders, influencing decisions that have broad organizational impact.
- Own global revenue recognition policies and practices, ensuring compliance with US GAAP (ASC 606) across subscription, SaaS, perpetual licensing, and ELA arrangements.
- Provide guidance and approval on complex and non‑standard customer contracts, ensuring appropriate accounting treatment.
- Prepare and maintain technical accounting position memos for complex revenue arrangements, including multi‑element arrangements, variable consideration, SSP methodology, and contract modifications.
- Integrate revenue recognition into the broader financial close and reporting processes, ensuring accuracy, consistency, and scalability.
- Partner with FP&A to align revenue accounting, financial reporting, and forecasting.
- Maintain a strong control environment—accruals, reserves, reconciliations, deferred revenue, and contract assets—to ensure audit readiness.
- Support the transition to subscription‑based models and the optimisation of Enterprise License Agreements, advising on structure, risk, and accounting implications.
- Lead engagement with external auditors, serving as the primary point of contact for revenue recognition and broader accounting matters.
- Contribute to Audit Committee reporting, providing insights on financial performance, risks, and control effectiveness.
- Ensure the design and effectiveness of internal controls over financial reporting (SOX compliance).
- Support corporate governance processes and adhere to global standards.
- Lead a global team to ensure strong execution and alignment across regions.
- Develop and execute workforce strategies to support business growth.
- Build a strong leadership bench, coaching and developing future leaders.
- Foster a culture grounded in humanity, empathy, trust, and love, encouraging collaboration, accountability, and cross‑functional partnership.
- CPA required.
- 15+ years of progressive accounting experience, including significant leadership responsibility in a complex, global organization.
- Command of US GAAP with deep expertise in ASC 606 (revenue recognition).
- Proven experience leading a global accounting function and multi‑layered teams and developing leaders.
- Software industry experience preferred.
- Demonstrated ability to influence senior leadership and shape business decisions in ambiguous and complex environments.
- Strong experience with financial systems, ERP environments, global accounting processes, and internal controls compliance.
- Experience with revenue automation and subledger systems (e.g., Zuora, Oracle, Salesforce CPQ) preferred.
- Experience supporting…
Position Requirements
10+ Years
work experience
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