Revenue Recognition Center of Excellence Manager
- Compensation
- Not disclosed
- Location
- Budapest, HUN, 1123
- Work setup
- Onsite
- Seniority
- Not specified
- Employment
- Contract
- Experience
- 3+ years
- Category
- Not specified
- Posted
Skills
Must have
- Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred), advanced or professional qualifications (e.g., ACCA, CPA) are a strong advantage.
- 8+ years of progressive accounting experience, including public accounting and corporate roles. Strong knowledge of ASC 606 and complex revenue arrangements.
- Minimum of 3 years managing a team, building up a local structre and processes from scrath is highly desirable.
- Experience in a Center of Excellence or highly matrixed global organization preferred, SSC/Big4 experience is an advantage.
- Strong analytical and problem-solving skills.
- Advanced proficiency in Excel and ERP systems (SAP, Oracle) and revenue automation tools.
- Proficiency with visualization tools (Power BI, Tableau) and process automation (Alteryx, RPA).
- Ability to manage multiple priorities in a fast-paced environment and drive change through influence.
- Strong stakeholder management and partnering skills.
- Business fluency in English, other EU language knowledge is welcomed.
- Able to live, work and travel within EMEA region without any restrictions.
Full description
The Revenue Recognition CoE Manager will be part of a specialized team responsible for ensuring accurate recognition under US GAAP (ASC 606) for arrangements across the organization. You will serve as a subject matter expert, assisting with policy development, contract decision-trees, process standardization, and automation initiatives. The role will partner closely with Sales, Commercial Finance, Legal, IT, and FP&A to ensure accurate, timely revenue recognition and scalable processes. You will also oversee a team of revenue recognition accountants.
What you’ll do:
Technical Leadership: Interpret and apply ASC 606 and US GAAP guidance to complex revenue arrangements, draft technical accounting memos and guidance for significant transactions.
Operational Excellence: Implement standardize revenue recognition processes, execute SOX controls related to complex revenue recognition.
Governance & Compliance: Comply with internal controls, US GAAP, and external audit requirements and monitor changes in accounting standards and apply their impact on company policies.
Business Partnership: Partner with various teams to review contracts and assess revenue, cashflow implications, financial impact and provide guidance on revenue recognition implications during negotiations. Provide real-time support during contract modifications.
Close, Controls & Reporting: Execute complex revenue close and reporting in partnership with the COE team and lead issue resolution with internal/external auditors.
Training & Development: Assist with the delivery of training programs on revenue recognition policies and best practices.
Leadership & Team Building: Oversee a high-performing CoE and develop revenue accountants and analysts while champion a culture of quality, speed, and continuous improvement.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred), advanced or professional qualifications (e.g., ACCA, CPA) are a strong advantage.
- 8+ years of progressive accounting experience, including public accounting and corporate roles. Strong knowledge of ASC 606 and complex revenue arrangements.
- Minimum of 3 years managing a team, building up a local structre and processes from scrath is highly desirable.
- Experience in a Center of Excellence or highly matrixed global organization preferred, SSC/Big4 experience is an advantage.
- Strong analytical and problem-solving skills.
- Advanced proficiency in Excel and ERP systems (SAP, Oracle) and revenue automation tools.
- Proficiency with visualization tools (Power BI, Tableau) and process automation (Alteryx, RPA).