Sr. Manager, Revenue Recognition

About Us

The Americas Revenue Recognition team is a diverse group of highly motivated professionals that leverages its technical accounting and finance expertise to enable Oracle stakeholders to execute transactions with customers that will maximize Oracle’s revenue while mitigating risk.  The team focuses on meeting the highest standard of compliance with US GAAP, Oracle’s Revenue Recognition policies, Internal Controls, Business Practices and Finance & Accounting policies.

As a member of this high performing team, you will have a fiduciary responsibility to adhere to and promote our core objective of ensuring revenue is recognized in accordance with US GAAP, ASC 606 and Oracle’s Revenue Recognition, Internal Controls, Finance & Accounting and Business Practices policies.

Revenue Recognition Mission

We promote consistent revenue recognition practices through collaboration with our stakeholders, training and development, and continuous improvement of our processes, all while remaining committed to our responsibility as business fiduciaries.

RESPONSIBILITIES:

- Maintain an up to date and thorough knowledge of Oracle’s Revenue Recognition, Internal Controls, Business Practices and Finance & Accounting policies 

- Review and discuss assessments of non-standard, complex transactions internally with the Americas and Global RevRec teams and communicate accounting conclusions to external stakeholders

- Ensure consistent application of Revenue Recognition policies, practices and processes, promote continuous improvement

- Collaborate with external stakeholders during the pre-execution stage of contracts, provide rev rec guidance on deal structures and advise on ways to minimize risk and maximize revenue

- Develop and maintain relationships with external stakeholders, promote a highly collaborative work environment and promote and provide training 

- Maintain an up to date and thorough knowledge of Global RevRec and Americas team objectives and initiatives and ensure direct reports understand and align goals & objectives accordingly

- Responsible for performance management, conducting annual reviews, and identifying training and development needs for self and direct reports 

- Review significant signed contracts for compliance with US GAAP ASC 606 and Oracle’s Revenue Recognition Policy to ensure timely and accurate financial reporting, prepare technical write ups and liaise with external auditors 

- Maintain an up to date, working knowledge of Global RevRec and Oracle systems, databases and communication tools 

- Lead or assist in special projects as assigned, promote team participation in projects

- Work with the Revenue Recognition team, external and internal auditors and respective business partners to prepare and maintain quarterly controls / PBCs and SOX compliance

 

PERSONAL SKILLS:

- Excellent people management & leadership skills and strong team player

- Strong decision making and problem-solving skills

- Strong influencing, communication and persuasion skills at all levels

- Strong technical accounting acumen with ability to comprehend and apply technical guidance to complex scenarios

- Ability to present and effectively communicate complex accounting issues 

- Strong organization skills, with the ability to manage and prioritize multiple, competing tasks, while maintaining attention to detail

- Ability to work under pressure in a fast-paced demanding environment                                                 

- Ability to manage and stay connected with internal and external stakeholders in a remote working environment

- Highly customer focused and results oriented

- Self-starter, ability to work both independently and collaboratively, as needed 

- Strong organizational awareness, with ability to recommend improvements in a rapidly changing environment

- Fluent in English is essential; additional language skills (i.e., Spanish or Portuguese) is a plus

 

QUALIFICATIONS:

- Minimum of 7+ years revenue recognition ASC 606 and accounting US GAAP experience 

- Minimum of 5+ years of management and leadership experience

- Business degree, masters or MBA qualification

 

#LI-KNC2

 

Disclaimer:

Certain US customer or client-facing roles may be required to comply with applicable requirements, such as immunization and occupational health mandates.

Range and benefit information provided in this posting are specific to the stated locations only

US: Hiring Range in USD from: $109,200 to $223,400 per annum. May be eligible for bonus and equity.

Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle’s differing products, industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.

Oracle US offers a comprehensive benefits package which includes the following:
1. Medical, dental, and vision insurance, including expert medical opinion
2. Short term disability and long term disability
3. Life insurance and AD&D
4. Supplemental life insurance (Employee/Spouse/Child)
5. Health care and dependent care Flexible Spending Accounts
6. Pre-tax commuter and parking benefits
7. 401(k) Savings and Investment Plan with company match
8. Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
9. 11 paid holidays
10. Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
11. Paid parental leave
12. Adoption assistance
13. Employee Stock Purchase Plan
14. Financial planning and group legal
15. Voluntary benefits including auto, homeowner and pet insurance

The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.

Career Level - M3

As a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s challenges. We’ve partnered with industry-leaders in almost every sector—and continue to thrive after 40+ years of change by operating with integrity. 

We know that true innovation starts when everyone is empowered to contribute. That’s why we’re committed to growing an inclusive workforce that promotes opportunities for all.

Oracle careers open the door to global opportunities where work-life balance flourishes. We offer competitive benefits based on parity and consistency and support our people with flexible medical, life insurance, and retirement options. We also encourage employees to give back to their communities through our volunteer programs.

We’re committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by emailing accommodation-request_mb@oracle.com or by calling +1 888 404 2494 in the United States.

Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.