Senior Manager, Revenue Accounting

Okta

Location: United States

Job Type: Full time

Posted

Be brave, not perfect.
- Reshma Saujani

Okta is seeking a best-in-class Senior Manager of Revenue Accounting to report to the Director of Revenue. This role has direct supervisory and mentorship responsibilities over a world class revenue team. You will provide leadership, accounting expertise, business sense, and will have a strong desire to improve processes. You will manage the revenue close and will drive strategic initiatives while working cross-functionally by partnering with our Finance, Deals Desk, Legal, and Order Management teams. Ideally you are an excellent teammate who is hands on, highly detail oriented and process driven, but also a critical and creative thinker that can jump into the details while keeping an eye on the big picture. You’re a great fit for this role if you have a strong technical revenue background with and experience in managing revenue accounting operations in a fast-paced environment.


Responsibilities:

  • Management of Okta’s revenue accounting including the month/quarter end close process, reconciliations, and related reporting and disclosures while operating in an effective SOX framework
  • Provide support to Deal Strategy, Legal and Order Management teams on deal structure and guidance on the contractual terms for revenue compliance and optimization
  • Engage with the external audit team to support the quarterly review and annual audit activities including the preparation and review of audit PBC’s
  • Review significant and complex revenue related agreements to drive appropriate accounting throughout related systems
  • Preparation of technical revenue accounting memos and policies that address complex or non-standard revenue arrangements
  • Collaborating with cross functional teams including sales, legal, deal strategy, finance systems and FP&A to ensure strategic alignment on business initiatives and specific transactions, system enhancements, and process streamlining
  • Coaching your team to support their growth and professional development
  • Assisting with special projects, as necessary

JOB REQUIREMENTS:

  • Bachelor’s degree in Accounting or Finance
  • CPA is preferred
  • 8+ years of revenue accounting experience, with experience at both public companies and Big 4 accounting firms
  • Strong understanding of ASC 606 principles in a SaaS or Software focused industry
  • Highly productive self-starter with very strong work ethic and commitment to excellence
  • Experience supporting Deals Desk, Legal and/or Sales team during the deal negotiations for revenue compliance
  • Experience with systems including RevPro, NetSuite, Salesforce and FinancialForce preferred
  • Maintains a high sense of accountability for self and team
  • Demonstrates exceptional communication, collaboration and coordination skills
  • Exhibits the ability to manage multiple priorities by identifying and engaging appropriate resources to deliver under given time constraints and deadlines
  • Proven ability to develop and inspire a team by empowering decision-making at lower levels, offering frequent opportunities to develop, and encouraging upward feedback
  • Presents ideas and information in a concise, well-organized manner

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((Colorado, New York and Washington only*) Minimum salary of $135,000/year + bonus + equity + benefits *Note: Disclosure as required by sb19-085(8-5-20))

Okta’s Top 5 Core Leadership Competencies are part of the deeply ingrained principles that guide all of our company’s actions. They also align strongly to our cultural cornerstones, our Okta values: love our customers, empower our people, never stop innovating, act with integrity, and maintain transparency. It’s our expectation that our managers and leaders embody these core competencies:
  • Builds Effective Teams: Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
  • Demonstrates Self-Awareness (EQ): Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
  • Develops Talent: Developing people to meet both their career goals and the organization’s goals.
  • Drives Results: Consistently achieving results, even under tough circumstances.
  • Strategic Mindset: Seeing ahead to future possibilities and translating them into breakthrough strategies.

Okta is an Equal Opportunity Employer/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, marital status, age, physial or mental disability, or status as a protected veteran.We also consider for employment qualified applicants with arrest and convictions records, consistent with applicable laws. If reasonable accommodation is needed to participate in the job application or interview process, please use this Form to request an accommodation.

Okta offers everything you need to support your work, your life, and your work-life balance. Click here to learn more: https://rewards.okta.com/us

Okta is rethinking the traditional work environment, providing our employees with the flexibility to be their most creative and successful versions of themselves, no matter where they are located. We enable a flexible approach to work, meaning for roles where it makes sense, you can work from the office, or from home, regardless of where you live. Okta invests in the best technologies and provides flexible benefits and collaborative work environments/experiences, empowering employees to work productively in a setting that best and uniquely suits their needs. Find your place at Okta https://www.okta.com/company/careers/.

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