- Review multiple element software license contracts to determine proper revenue recognition treatment in accordance with US Generally Accepted Accounting Principles (US GAAP).
- Communicate complex and difficult issues to Senior Management in appropriate manner.
- Interact with field sales and inside sales personnel and the legal department to promote contract language that avoids revenue recognition issues and facilitates revenue accounting accuracy.
- Apply commercial awareness and provide support and training to field sales personnel to help them understand and structure complex deals and related revenue results.
- Conduct VSOE studies on rolling basis for PCS and PS elements.
- Develop and document global company policy and basis for revenue recognition for non-standard contracts or terms. Review non-standard sales contracts for compliance with accounting rules and company policy.
- Act as a general technical resource for field sales, legal, commissions accounting, accounts receivable, and order processing departments on revenue accounting matters
- Support audits of global entities and provide schedules and various analyses as part of the external audit process.
While the job description describes what is anticipated as the requirements of the position, the job requirements are subject to change based upon any changing needs and requirements of the business.
Required Skills
Required Experience
- 3 - 5 years of experience working in the software industry and dealing with revenue recognition technical guidance and related standards
- Legal background or prior experience with contract reviews and contract language interpretations
- Demonstrated ability to apply US GAAP to specific business situations and familiarity with IFRS as it applies to the software industry
- Accounting or related degree, and a Big 4/CPA background is strongly preferred
- Strong communication, interpersonal and customer service skills for interacting with internal and external customers and ability to explain complex revenue recognition issues to different audiences
KOFAX, INC. IS AN EQUAL OPPORTUNITY EMPLOYER M/F/D/V