Revenue Manager
Apply NowCompany: Nutanix
Location: San Jose, CA 95123
Description:
Hungry, Humble, Honest, with Heart.
The Opportunity
Are you a detail-oriented accounting professional with a passion for technical challenges and a strong understanding of revenue recognition in a software environment? If so, you'll thrive in our dynamic team at Nutanix, where you will play a critical role in shaping our financial strategies, collaborate with cross-functional teams, and contribute to innovative projects that drive the future of enterprise cloud solutions.
About the Team
At Nutanix, the Revenue Accounting team is a close-knit group of 8 dedicated professionals located on the West Coast of the USA. We pride ourselves on fostering a collaborative culture where the Revenue Manager plays a vital role in partnering with various departments such as FP&A, Sales, Legal, Sales Operations, and Product Managers. This collaboration not only enhances our efficiency but also allows the Revenue Manager to act as an advisor during customer contract negotiations and conduct thorough contract reviews for revenue recognition compliance. Additionally, this role serves as a key technical resource and expert within the team, particularly in applying ASC 606 guidance and documenting accounting conclusions on non-standard contracts.
You will report to the Revenue Director, who is committed to supporting your professional growth and success. Our work setup is hybrid, requiring you to be in the office 2-3 times per week to facilitate teamwork and collaboration. We value flexibility, allowing you to balance your time between in-office interactions and remote work. Importantly, there are no travel requirements associated with this position, ensuring that you can focus on your responsibilities without the need for frequent travel.
Your Role
What You Will Bring
Work Arrangement
Hybrid: This role operates in a hybrid capacity, blending the benefits of remote work with the advantages of in-person collaboration. For most roles, that will mean coming into an office a minimum of 2 - 3 days per week, however certain roles and/or teams may require more frequent in-office presence. Additional team-specific guidance and norms will be provided by your manager.
The pay range for this position at commencement of employment is expected to be between USD $ 107,040 and USD $ 160,560 per year.
However, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. Our application deadline is 40 days from the date of posting. In good faith, the posting may be removed prior to this date if the position is filled or extended in good faith.
Nutanix is an equal opportunity employer.
Nutanix is an Equal Employment Opportunity and (in the U.S.) an Affirmative Action employer. Qualified applicants are considered for employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, protected veteran status, disability status or any other category protected by applicable law. We hire and promote individuals solely on the basis of qualifications for the job to be filled. We strive to foster an inclusive working environment that enables all our Nutants to be themselves and to do great work in a safe and welcoming environment, free of unlawful discrimination, intimidation or harassment. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations. If you need a reasonable accommodation, please let us know by contacting [email protected].
The Opportunity
Are you a detail-oriented accounting professional with a passion for technical challenges and a strong understanding of revenue recognition in a software environment? If so, you'll thrive in our dynamic team at Nutanix, where you will play a critical role in shaping our financial strategies, collaborate with cross-functional teams, and contribute to innovative projects that drive the future of enterprise cloud solutions.
About the Team
At Nutanix, the Revenue Accounting team is a close-knit group of 8 dedicated professionals located on the West Coast of the USA. We pride ourselves on fostering a collaborative culture where the Revenue Manager plays a vital role in partnering with various departments such as FP&A, Sales, Legal, Sales Operations, and Product Managers. This collaboration not only enhances our efficiency but also allows the Revenue Manager to act as an advisor during customer contract negotiations and conduct thorough contract reviews for revenue recognition compliance. Additionally, this role serves as a key technical resource and expert within the team, particularly in applying ASC 606 guidance and documenting accounting conclusions on non-standard contracts.
You will report to the Revenue Director, who is committed to supporting your professional growth and success. Our work setup is hybrid, requiring you to be in the office 2-3 times per week to facilitate teamwork and collaboration. We value flexibility, allowing you to balance your time between in-office interactions and remote work. Importantly, there are no travel requirements associated with this position, ensuring that you can focus on your responsibilities without the need for frequent travel.
Your Role
- Provide expert guidance on revenue recognition and accounting standards during cross-functional meetings, ensuring compliance and alignment with ASC 606.
- Review and validate Sales Orders, Invoices, and Revenue Contracts to ensure proper revenue treatment and documentation.
- Collaborate with FP&A to deliver accurate revenue forecasts for complex deals, reconciling projected outcomes with actual results.
- Engage in special projects related to system implementations, process improvements, and user acceptance testing (UAT).
- Conduct monthly/quarterly close tasks, including revenue reviews, journal entries, accruals, and reconciliations.
- Identify opportunities for automation and process enhancements to streamline operations and improve efficiency.
- Foster relationships with cross-functional teams to promote best practices and improve communication on revenue-related matters.
- Set and achieve first-year objectives, including mastering revenue accounting systems, improving compliance with SOX, and successfully leading a key financial initiative.
What You Will Bring
- Bachelor's degree in accounting, finance, or a related field; CPA certification is a plus.
- 2-5 years of experience in a Big 4 accounting firm and publicly-traded software company.
- In-depth understanding of ASC 606 and software revenue recognition principles.
- Experience with RevPro, RevStream, Salesforce, Netsuite, and Zuora preferred.
- Strong technical accounting skills and knowledge of SOX/internal control frameworks.
- Proficiency in accounting systems, spreadsheets, databases, and business analytics applications.
- Exceptional multitasking abilities and strong prioritization skills in a fast-paced environment.
- Excellent interpersonal and communication skills, capable of building cross-functional relationships.
Work Arrangement
Hybrid: This role operates in a hybrid capacity, blending the benefits of remote work with the advantages of in-person collaboration. For most roles, that will mean coming into an office a minimum of 2 - 3 days per week, however certain roles and/or teams may require more frequent in-office presence. Additional team-specific guidance and norms will be provided by your manager.
The pay range for this position at commencement of employment is expected to be between USD $ 107,040 and USD $ 160,560 per year.
However, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. Our application deadline is 40 days from the date of posting. In good faith, the posting may be removed prior to this date if the position is filled or extended in good faith.
Nutanix is an equal opportunity employer.
Nutanix is an Equal Employment Opportunity and (in the U.S.) an Affirmative Action employer. Qualified applicants are considered for employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, protected veteran status, disability status or any other category protected by applicable law. We hire and promote individuals solely on the basis of qualifications for the job to be filled. We strive to foster an inclusive working environment that enables all our Nutants to be themselves and to do great work in a safe and welcoming environment, free of unlawful discrimination, intimidation or harassment. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations. If you need a reasonable accommodation, please let us know by contacting [email protected].