Manager, Revenue Recognition

Ref#: 23824

Function: Finance

Location: Canada, ON, Richmond Hill

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As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine the future of digital. Be part of a winning team that leads the way in Enterprise Information Management. 

The opportunity:

The Revenue Recognition Team is seeking a Manager to support world-wide revenue recognition activities to ensure that all internal and external reporting commitments are met in a timely manner. This role will collaborate with various cross-functional teams including Shared Services, Sales, and IT to ensure consistent application of rev rec policy.

You are great at:

• Read, document and analyze material customer agreements to apply revenue recognition policy
• Review and approve POC revenue on professional services engagements
• Maintain detailed/accurate deferred revenue schedules for assigned entities/regions
• Development/ preparation of monthly revenue reporting package to provide revenue assurance for assigned entity for timely distribution to leadership
• Partner with Billing Operations and Finance teams to research and resolve revenue fluctuations
• Participate in system migration activities
• Prepare and/or review GL account reconciliations
• Assist in the preparation and review of financial statement disclosures
• Facilitate SOX and statutory testing as needed
• Prepare materials for internal and external audit requirements and respond to audit inquiries
• Ad hoc projects and analysis to answer business questions and opportunities

What it takes:

• Bachelor’s Degree in Accounting, Finance or related field
• Minimum 5-7 years’ experience in finance and/or accounting
• Experience with Revenue Recognition including application of technical accounting guidance
• Technical Revenue Recognition experience required, specifically knowledge and application of Topic 606
• Knowledge of finance, accounting, and internal control principles, with strong knowledge of US GAAP
• Desire to continually strive for ongoing process and systems improvements to better support all critical functional groups
• Relevant industry experience preferred
• Excellent Excel skills
• Experience with SAP, Netsuite’s OpenAir product are preferred
• Prior management experience
• Team player with good interpersonal skills
• Proactive approach to problem solving
• Strong work ethic and follow-through
• Detail oriented

At OpenText we understand and value diversity in our employees and are proud to be an Equal Opportunity Employer. We hire the best talent regardless of sex, national origin, disability or race. If you require accommodation at any time during the recruitment process please email

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