[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.

Responsibilities

• Technical Revenue Recognition Leadership
• Serve 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 modifications
• Author and maintain technical accounting position papers, white papers, and contract review memos that document the company’s application of GAAP to complex arrangements
• Evaluate new and non-standard customer contracts, identifying performance obligations, variable consideration, SSP allocations, license vs. service distinctions, and principal/agent considerations
• Monitor FASB ASU updates, SEC staff guidance (e.g., SAB 104, Topic 13), and emerging practice to proactively assess impact on Avid’s revenue model
• Lead technical accounting discussions with external auditors, ensuring positions are defensible, documented, and consistently applied
• Revenue Close & Reporting
• Own the monthly and quarterly revenue close process end-to-end—from journal entry review to final flux analysis—ensuring timely, accurate completion within close deadlines
• Oversee the integrity of transaction data and configurations within RevPro (the company’s revenue management system), ensuring proper allocation and recognition schedules across all contract types
• Prepare 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 judgments
• Develop and maintain robust month-end analytical review procedures that quickly surface anomalies for investigation
• Deal Desk & Commercial Partnership
• Act 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 recognition
• Educate Sales, Customer Success, and Legal teams on ASC 606 principles in clear, non-technical language—building a compliance culture without slowing deal velocity
• Maintain a repository of pre-approved contract language and term structures that simplify deal review for recurring transaction types
• Internal Controls & SOX Compliance
• Own the design, documentation, and operating effectiveness of key revenue-related internal controls under SOX, including controls over contract review, system configuration, and journal entry
• Coordinate with internal audit and external auditors on revenue controls testing, walkthroughs, and remediation of any deficiencies
• Ensure that the revenue accounting team’s processes are audit-ready at all times
• Team Leadership & Development
• Lead, mentor, and develop a team of Revenue Managers and Revenue Accountants, setting clear performance expectations and fostering a culture of precision, learning, and accountability
• Build scalable processes and desk procedures that reduce key-person dependency and support team growth
• Partner with Finance leadership on hiring, succession planning, and organizational design for the revenue function
• Systems, Process, & Special Projects
• Serve as the finance lead and subject matter expert on RevPro enhancements, system upgrades, and integrations with ERP (e.g., NetSuite, SAP) and CPQ tools
• Lead or contribute to revenue workstreams in M&A due diligence and acquisition integration, including carve-out accounting and purchase price allocation for deferred revenue
• Drive continuous process improvement across the revenue cycle to enhance efficiency, controls, and scalability

Skills

• Bachelor's degree in Accounting; CPA license required
• 8+ years of progressive accounting experience, including a meaningful mix of public accounting (Big 4 or regional firm) and industry roles at publicly traded companies
• Deep, hands-on expertise in ASC 606 including multi-element / multiple performance obligation arrangements, SSP estimation, variable consideration, licensing, and SaaS/subscription models
• Familiarity with ASC 605 for legacy contract analysis and comparative period reporting
• Demonstrated experience authoring technical accounting memos and presenting positions to external auditors
• Experience managing a revenue accounting close process at a publicly traded company, including SEC disclosure preparation
• SOX controls experience—design, documentation, and operating effectiveness testing
• Exceptional written and verbal communication skills; ability to distill complex GAAP issues for non-accountant audiences including Sales, Legal, and C-suite
• Strong people leadership skills with a track record of developing high-performing teams
• Experience with RevPro, Zuora Revenue, or a comparable revenue management system
• Background in software, SaaS, media technology, or other multi-element subscription / license businesses
• M&A and integration experience, including deferred revenue step-down and purchase accounting
• Familiarity with IFRS 15 for international entity reporting
• Experience presenting to Audit Committees or CFOs on revenue accounting matters

Company Overview