Director, Revenue Accounting

Company: Alkami Technology Inc
Location: Plano
Posted on: April 10, 2021

Job Description:

Alkami builds and delivers the nation's most innovative cloud-based digital banking (online and mobile apps) for Credit Unions and Banks with over 10M users on our platform. Through our bold investments in technology and people, our clients confidently grow, adapt quickly and build thriving digital banking communities to compete against the Megabanks. Founded over 11 years ago with headquarters in Plano, Alkami is one of the fastest growing software companies in Texas and among the fastest growing privately held technology companies in the U.S. To share just a few of our recent recognitions: Best Place to Work in Fintech; Inc. 5000 America's Fastest-Growing Private Companies; Best & Brightest to Work For Nationally; and, Comparably's Best for Workplace Culture. With every Alkamist being provided ownership in Alkami, we are obsessively intentional about our culture: optimistic-perseverance, caring-collaboration, transparent-communication, courageous-innovation, trusted-accountability and real-fun. Beyond intentional culture, our commitment is to attract and retain amazing talent by fostering a high-growth, dynamic and rewarding environment; providing great benefits; making meaningful investments in learning and development; celebrating our successes together in remarkable ways; and, ACTing together by taking time to give back and volunteer.-- Position Overview: We are seeking an experienced Director, Revenue Accounting to join our accounting leadership team. Reporting directly to the Senior Director of Accounting, the candidate will lead the revenue accounting function for the organization. This role will manage all aspects of revenue recognition assuring strict adherence to ASC 606. The ideal candidate is an experienced professional who thrives on building, and constantly improving upon, process flows and workpaper structure, that when coupled with a strong team grounded in expert subject matter knowledge, can run an accounting function that is best in class. Key Responsibilities & Duties:

• Analyze and review all client contracts to determine proper revenue recognition under ASC 606
• Manage the inflow of all new and amended contractual documentation assuring complete and accurate monthly billing and revenue recognition at the client level
• Analyze all existing revenue recognition workpapers, making all needed corrections and improvements and reporting all findings to the Senior Director of Accounting
• Roll forward and reconcile deferred revenue on a monthly basis
• Manage the AR collection process, working directly with the Manager of Billing through all client billing questions/issues assuring the timely receipt of all outstanding receivables
• Manage the creation/updating of all necessary input and supporting schedules to be used in the formation of all required reserves for uncollectable receivables and client credits
• Working directly with the Manager of Billing, review and jointly manage the credit memo process
• Act as accounting liaison with Controls and Process Improvement and Client Success to adjust and document user counts as necessary
• Working with the Manager of Billing, perform detailed review of Alkami Platform user counts as used in the monthly client billing process
• Actively manage and perform detailed review of 3 rd Party vendor costs, user counts, monthly client billings, and monthly revenue from 3 rd party provided platform functions
• Work directly with the Company's external auditor through their quarterly review and annual audit of all revenue accounting results and supporting workpapers, timely delivering all requested information while clearly and accurately addressing any, and all follow-up throughout the review and audit process
• Monitor and ensure compliance with internal controls over the client billing and revenue recognition process (Sarbanes-Oxley compliance) and manage audit of controls by internal and external auditors
• Coordinate with other accounting teams to ensure that the overall monthly close is completed accurately and timely
• Manage the professional development of direct reports by establishing annual goals and objectives for each
• Support the Senior Director of Accounting with special projects and process improvements as needed -- Qualifications
  • 8+ years of Public Accounting (i.e. Big 4 Accounting Firms) experience or relevant industry experience with an SEC registrant
  • BA/BS in Accounting, Finance, active licensed CPA required
  • Experience in a SaaS or Software environment is required
  • Experience with NetSuite, Experience with SuiteBilling a plus
  • Experience with review and analysis of complex and detailed SaaS contracts
  • Expert knowledge in all aspects of ASC 606
  • Excellent communication, interpersonal, and presentation skills that help facilitate interactions with business partners and communication of key status points throughout the completion of assigned tasks
  • Advanced analytical skills and the ability to solve complex technical business problems while building process structure around these problems turning them into solutions
  • Self-starter with a can-do attitude and ability to lead with sense of urgency
  • Ability to work both independently and in a team setting; flexible, adaptable, and thrives in a fast-paced business environment
  • Strong problem-solving skills with acute attention to detail and ability to meet tight deadlines and goals
  • Exceptional time management skills
  • Strong computer skills in Excel and other Microsoft products
  • Strong verbal communication skills, and strong technical writing skills, must be able to communicate effectively with several groups from clients, to staff, other departments, management, and external auditors Why Alkami? People who excel at Alkami are smart, motivated and share our values. Ask yourself: Do you want to team with the best talent in the industry? Do you thrive in a fluid work environment? Do you appreciate a company culture that enables individual and group success and celebrates achievement? If you said yes, we want you as our newest Alkamist. Cool Things to Know:
    • Not Just Any Company: Alkami has an awesome diverse and inclusive environment. We have a FUN culture and offer great benefits. Did you know every Alkamist has ownership in Alkami? We also have on and off site employee events and activities.
    • Relocation: Unfortunately we don't offer relocation assistance. We are ready for you to contribute from our super cool Plano, TX location.
    • Work Authorization: We cannot offer employer sponsorship at this time; candidates must be eligible to work in the US for full-time employment.
    • Recruiters: We are not looking for outside recruiting firms to help us in this search - we know who you are and we love you, but we don't need you right now. The Important Stuff: Alkami Technology is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Alkami is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Alkami are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Alkami will not tolerate discrimination or harassment based on any of these characteristics. Alkami encourages applicants of all ages. Qualifications Skills Preferred Advanced Accounting Advanced Behaviors Preferred Dedicated: Devoted to a task or purpose with loyalty or integrity Leader: Inspires teammates to follow them Functional Expert: Considered a thought leader on a subject Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well Motivations Preferred Goal Completion: Inspired to perform well by the completion of tasks Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization Self-Starter: Inspired to perform without outside help Education Required Bachelors or better in Accounting or related field.

Keywords: Alkami Technology Inc, Plano , Director, Revenue Accounting, Accounting, Auditing , Plano, Texas