Director of Revenue Accounting

Role Overview

• Serve as Avid’s primary technical authority on ASC 606 and maintain working fluency in legacy ASC 605 for transition-period comparatives and contract modifications.
• Author and maintain technical accounting position papers, white papers, and contract review memos that document the company’s application of GAAP to complex arrangements.
• Evaluate new and non-standard customer contracts, identifying performance obligations, variable consideration, SSP allocations, license vs. service distinctions, and principal/agent considerations.
• Monitor FASB ASU updates, SEC staff guidance (e.g., SAB 104, Topic 13), and emerging practice to proactively assess impact on Avid’s revenue model.
• Lead technical accounting discussions with external auditors, ensuring positions are defensible, documented, and consistently applied.
• Own the monthly and quarterly revenue close process end-to-end—from journal entry review to final flux analysis—ensuring timely, accurate completion within close deadlines.
• Oversee the integrity of transaction data and configurations within RevPro (the company’s revenue management system), ensuring proper allocation and recognition schedules across all contract types.
• Prepare and review revenue-related disclosures for SEC filings (10-K, 10-Q), including disaggregation of revenue, contract balances (deferred revenue, unbilled AR), remaining performance obligations (RPO), and significant judgments.
• Develop and maintain robust month-end analytical review procedures that quickly surface anomalies for investigation.
• Act as a standing resource for Deal Desk and Sales during contract negotiation, providing real-time guidance on how proposed terms affect revenue recognition.
• Educate Sales, Customer Success, and Legal teams on ASC 606 principles in clear, non-technical language—building a compliance culture without slowing deal velocity.
• Maintain a repository of pre-approved contract language and term structures that simplify deal review for recurring transaction types.
• Own the design, documentation, and operating effectiveness of key revenue-related internal controls under SOX, including controls over contract review, system configuration, and journal entry.
• Lead, mentor, and develop a team of Revenue Managers and Revenue Accountants, setting clear performance expectations and fostering a culture of precision, learning, and accountability.

Requirements

• Bachelor’s degree in Accounting; CPA license required.
• 8+ years of progressive accounting experience, including a meaningful mix of public accounting (Big 4 or regional firm) and industry roles at publicly traded companies.
• Deep, hands-on expertise in ASC 606 including multi-element / multiple performance obligation arrangements, SSP estimation, variable consideration, licensing, and SaaS/subscription models.
• Familiarity with ASC 605 for legacy contract analysis and comparative period reporting.
• Demonstrated experience authoring technical accounting memos and presenting positions to external auditors.
• Experience managing a revenue accounting close process at a publicly traded company, including SEC disclosure preparation.
• SOX controls experience—design, documentation, and operating effectiveness testing.
• Exceptional written and verbal communication skills; ability to distill complex GAAP issues for non-accountant audiences including Sales, Legal, and C-suite.
• Strong people leadership skills with a track record of developing high-performing teams.

Tech Stack

• Flux

Benefits

• Health insurance
• Retirement plans
• Paid time off
• Flexible work arrangements
• Professional development
• Bonuses
• Stock options
• Equipment allowances
• Wellness programs