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Director of Revenue Accounting

Date: May 4, 2021

Location: Waltham, MA, US, 02451 Waltham, MA, US, 02451

Company: Cytel Inc

Cytel provides unrivaled biostatistics and operations research knowledge to our customers in the life sciences industries in the form of both software and services.  At Cytel, we work hard to create successful careers with significant professional growth for our employees, as a result of which they work hard to make Cytel successful. Cytel is a place where talent, experience and integrity come together to advance the state of clinical development.

The Director of Revenue Accounting will join our Finance team on the East Coast.

 

Resposibilities: :

  • Own global revenue for the company and own the backup support to work with auditors and leadership.
  • Review worldwide revenue transactions across Cytel on a monthly basis, working with those responsible for revenue to ensure proper accounting.
  • Partner with Sales ops, legal & auditors on assessing correct revenue recognition streams based on contract.
  • Prepare analyses, reconciliations and other revenue related schedules on monthly basis.
  • Run revenue recognition in Sage Intacct and ensure proper entries are made for monthly revenue in appropriate entities.
  • Management of collections including direct supervision of Senior accountant in charge of collections.
  • Putting together reconciliation for Unbilled/deferred revenue adjustments.
  • Partner with Business to align appropriate revenue recognition process/method.
  • Ensure the consistent practice and application of the Company’s revenue accounting policies, with attention to areas requiring judgment and estimates.
  • Responsible for maintaining appropriate financial internal controls related to revenue recognition.
  • Recommends and helps implement process improvements, as needed.
  • Help to ensure implementation of and compliance with US GAAP revenue recognition matters.
  • Provide data for external auditors and support global controller in yearend audit matters related to revenue.
  • Reviewiand assess business/contracts to ensure appropriate revenue recognition method is recommended to accounting & sales ops
  • Ad-hoc requests from management in regard to revenue recognition and variance analysis.

 

Qualifications:

  • Bachelor degree in Accounting or Accounting related field
  • 8+ years relevant experience 
  • Strong knowledge of ASC 606, ideally in software.
  • CRO industry experience a plus

 

Cytel Inc. is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.

Cytel does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Cytel’s human resources department to obtain prior written authorization before referring any candidates to Cytel. The obtaining of prior written authorization is a condition precedent to any agreement (verbal or written) between the employment business/ agency and Cytel. In the absence of such written authorization being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of Cytel. Cytel shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies.


Nearest Major Market: Waltham
Nearest Secondary Market: Boston

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