Revenue Accounting Manager

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology. This person will join a cohesive team whose environment thrives on collaboration across geographies and departments within the broader Quote-to-Cash team of a publicly-traded software company with $5.0B+ in annual revenues. Responsibilities include: Reviewing software license, hardware, and services contracts and determining the most appropriate revenue accounting per relevant authoritative literature (e.g. ASC 606, ASC 842) and internal revenue recognition policies Preparing contract memos highlighting key arrangement components and the five steps required for revenue recognition under ASC 606 Preparing analytical reports pertaining to revenue-related accounts on a recurring and ad hoc basis Participating in quarterly reviews and annual audits conducted by internal and external auditors, including SOX 404 requirements Performing quarter-end close activities, including posting journal entries, performing account reconciliations, and executing daily revenue transactions to ensure revenue is properly captured in the financial system Contributing to or driving special projects as needed Position Requirements: 5-6 years of industry and/or public accounting (Big 4) experience High degree of ethics; meticulous attention to detail Strong knowledge of ASC 606 and related guidance BS in Accounting, Finance, or related field Proficiency with Microsoft Excel Excellent written and verbal communication skills Strong analytical and critical thinking skills; ability to gather and evaluate information and formulate conclusions Ability to work and communicate effectively with cross functional team Ability to work on own initiative Desirable Qualifications: Certified Public Accountant Experience with SAP Strong knowledge of ASC 842 Ability and desire to use AI and other tools to improve processes The annual salary range for California is $126,000 to $234,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more. We’re doing work that matters. Help us solve what others can’t. Additional Jobs Equal Employment Opportunity Policy: Cadence is committed to equal employment opportunity throughout all levels of the organization. Read the policy(opens in a new tab) We welcome your interest in the company and want to make sure our job site is accessible to all. If you experience difficulty using this site or to request a reasonable accommodation, please contact View email address on click.appcast.io. Privacy Policy: Job Applicant If you are a job seeker creating a profile using our careers website, please see the privacy policy(opens in a new tab). E-Verify Cadence participates in the E-Verify program in certain U.S. locations as required by law. Download More Information on E-Verify (64K) Cadence plays a critical role in creating the technologies that modern life depends on. We are a global electronic design automation company, providing software, hardware, and intellectual property to design advanced semiconductor chips that enable our customers create revolutionary products and experiences. Thanks to the outstanding caliber of the Cadence team and the empowering culture that we have cultivated for over 25 years, Cadence continues to be recognized by Fortune Magazine as one of the 100 Best Companies to Work For. Our shared passion for solving the world’s toughest technical challenges, our dedication to pushing the limits of the industry, and our drive to do meaningful work differentiates the people of Cadence. Cadence is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, basis of disability, or any other protected class.