Senior Financial Systems Specialist

2 days ago

Manama, Manama, Bahrain RESO Full time

At RESO, we are a pioneering tech firm at the forefront of the global move to open source. Our platform, Ubuntu, is widely used in breakthrough enterprise initiatives such as public cloud, data science, AI, engineering innovation, and IoT. We have customers including the world's leading public cloud and silicon providers, and industry leaders in many sectors.

We are looking for a Senior Financial Systems Specialist with experience in revenue accounting and IFRS 15 revenue recognition to drive revenue recognition process, decisions, systems, and reporting. In our finance function, we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes, and systems into alignment.

The ideal candidate will be a professionally qualified accounting leader with expertise in IFRS 15/ASC 606 to build scalable contract review and revenue recognition processes, automated through correct and auditable implementations in NetSuite, Salesforce, and our own business systems. This lead will work across teams including product management, legal, FP&A, sales operations, and commercial business systems to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a very high level of automation.

This is a management position requiring confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency, and speed of reporting as a global tech company.

Key Responsibilities:
  • Lead complex NetSuite configuration, workflows, customization, and integration
  • Implement best practices for data governance, security, and compliance within NetSuite
  • Demonstrate proficiency in script understanding and problem resolution
  • Develop and maintain reports, dashboards, and KPIs to provide insights into business performance
  • Coordinate regular system maintenance, upgrades, and troubleshooting to ensure optimal performance and reliability
  • Provide training and support to end-users to enhance their efficiency and proficiency with NetSuite
  • Oversee Sandbox accounts for development and testing, ensuring seamless deployment of customizations and updates to the production environment
  • Stay updated on new NetSuite features and functionalities, assessing their potential impact on business processes
  • Drive process and systems improvements across teams for end-to-end automation of the revenue life cycle
  • Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy
  • Review and evaluate the revenue recognition impact of non-standard contracts and new products
  • Lead, mentor, and develop a team of revenue accounting and systems accounting professionals
  • Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
  • Develop and maintain effective internal controls over revenue transactions and reporting
  • Research and write accounting memos on significant revenue recognition and other policy matters
  • Act as the primary liaison with external auditors in matters related to order-to-cash
Valued Skills and Experience:
  • An exceptional academic track record from both high school and university
  • An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
  • CPA, CA, or equivalent with excellent technical accounting skills and IFRS experience
  • A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
  • Leadership or management responsibility
  • Drive and a track record of going above-and-beyond expectations
  • Experience of software licensing, subscription, and services revenue accounting and operations
  • Experience driving revenue recognition and scaling accounting processes in a high-growth environment
  • Experience with ERP, Rev Rec, CRM, CPQ, and other relevant software categories - NetSuite and Salesforce preferred
  • Experience in a multi-country, multi-currency, operations, and tax environment
  • Professional written and spoken English
  • Excellent interpersonal skills, curiosity, flexibility, and accountability
  • Thoughtfulness and self-motivation
  • Result-oriented, with a personal drive to meet commitments
  • Ability to travel twice a year, for company events up to two weeks long

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