Cvent is a leading meetings, events, and hospitality technology provider with more than 4,800 employees and ~22,000 customers worldwide, including 53% of the Fortune 500. Founded in 1999, Cvent delivers a comprehensive event marketing and management platform for marketers and event professionals and offers software solutions to hotels, special event venues and destinations to help them grow their group/MICE and corporate travel business. Our technology brings millions of people together at events around the world. In short, we’re transforming the meetings and events industry through innovative technology that powers human connection.
The DNA of Cvent is our people, and our culture has an emphasis on fostering intrapreneurship – a system that encourages CVENTERS to think and act like individual entrepreneurs and empowers them to take action, embrace risk and make decisions as if they had founded the company themselves. At Cvent, we value the diverse perspectives that an individual brings. Whether working with a team of colleagues or with clients, we ensure that we foster a culture that celebrates differences and builds on shared connections.
About the role:
Cvent, Inc. is seeking a highly skilled and experienced Assistant Manager- Revenue Accounting for their Finance department. The ideal candidate will have a broad-based technology, business, and financially oriented background with the ability to thrive in a fast-paced, growing, and unstructured environment. The candidate must have adequate knowledge of US GAAP accounting, revenue recognition that can assist in daily and project-based accounting including M&As, finance operations.
In This Role, you will:
• Revenue Recognition process for Cvent Inc.
▪ Accounting knowledge of Revenue recognition as per US-GAAP
▪ Accounting knowledge of business transactions
▪ Ensuring all accounting activity is properly documented and by SOX controls and internal policy.
▪ Application knowledge of ASC 606 revenue, deferred revenue, and accounts receivables (AR)
▪ Documenting and continuously improving sub-processes.
• Prepare, review, analyze, and/or record Revenue Accounting entries to the general ledger (G/L) for month- end closing. This will include recording of revenue, deferred revenue, CECL (Bad Debts), and complex renegotiations, accounting, and reporting issues.
• Assist with internal and external audit work, including coordinating the Revenue Accounting request list, documenting SOPs of internal policy, and SOX testing with the auditors.
• Learn the functionality of the new Revenue recognition tool and work with the vendors and stakeholders helping with implementation and data migration.
• Lead cross-department meetings, prepare agendas, schedule meetings, and document and track action items. Escalate issues as appropriate. Own issues and drive issue resolution
• Supporting the FP&A team in the forecasting process
• Assistance in Monthly Closure of books of accounts for Cvent Inc.
▪ Managing the Global Revenue month-end close, including reporting and analysis.
▪ Preparing Balance sheet reconciliations for Deferred revenue and AR accounts
▪ Preparing variance analytics of financial statements
▪ Performing reconciliations between G/L and manual workings every month.
• Prepare various dashboards for Senior Management
• Support yearly Financial Audits
• Perform various financial and accounting analyses.
• Preparation of Journal Entries to adjust revenue.
• Managing queries from US and India Stakeholders and supporting US stakeholders
• Taking care of post merger M&A activities and successful integrations.
• Able to handle a team of 6 to 8 members and have the experience to do it in the past
• Have the ability to think from an Automation / AI standpoint and make the process scalable for future.
Here's What You Need:
• Proficiency in Microsoft Office, especially Excel.
• Experience in ERP packages, preferably Oracle.
• CA/CPA with 8 to 10 years of experience
• Good communication skills, attention to detail, and coordination skills.
• Strong problem-solving and decision-making skills.
• Ability to handle a high-performance culture environment.
• Flexibility and the ability to multi-task are a must.
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