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Revenue Accounting Manager

Bloom EnergyBloom Energy·Energy

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2 days

01

About the role

Position Summary:

Bloom Energy is seeking a highly analytical and strategic Revenue Accounting Manager to join our Finance team. Reporting to Sr. Manager, Revenue Accounting, this individual contributor role is pivotal in driving the accuracy and integrity of our global revenue operations. Based onsite at our Bangalore office, the Revenue Manager will serve as a subject matter expert, fostering high level collaboration with our cross-functional teams to manage complex revenue streams.

 The successful candidate will be responsible for performing revenue related accounting tasks, preparing complex reconciliations and supporting the month end close process for product, installation and service revenue streams. This role is ideal for a seasoned professional with deep expertise in ASC 606 who thrives on interpreting complex datasets to provide strategic financial insights.

Key Responsibilities:

  • Lead day-to-day accounting activities to ensure accurate and timely recognition of product, installation, and service revenues in accordance with ASC 606 and Company policy.
  • Review and analyze customer contracts, identifying key terms that impact revenue recognition and ensuring appropriate accounting treatment.
  • Review contracts to support deal negotiations and prepare and review contract checklists to provide revenue recognition guidance and ensure accuracy
  • Manage monthly, quarterly, and year-end revenue close activities including high level journal entries, complex account reconciliations, and detailed variance analytics.
  • Develop technical accounting position papers and schedules for external auditors, serve as primary contact for quarterly reviews and annual audits.
  • Oversee and execute key controls to support SOX compliance and maintain the integrity of financial reporting.
  • Drive the implementation and continuous improvement of ERP and revenue automation tools to streamline revenue operations.
  • Provide data driven analysis and schedules to support HQ in revenue forecasting and strategic decision-making.

Qualifications:

  • Bachelor’s degree in accounting and finance (Chartered Accountant, MBA, CPA or equivalent). Minimum 6+ years of relevant accounting experience, with at least 5 years specifically focused on revenue recognition.

  • Prior experience with combined hardware and software industry
  • Strong working knowledge of US GAAP and ASC 606, including experience with multi-element arrangements and contract modifications.
  • Strong proficiency in Microsoft Excel and the ability to manage and interpret large data sets with attention to detail.
  • Experience working with revenue related modules in ERP systems such as NetSuite, Oracle, RevPro and Salesforce.
  • Strong organizational and communication skills, with the ability to explain complex revenue concepts to cross-functional partners.

Preferred Qualifications:

  • Big 4 or large public accounting firm background.
  • Prior experience in energy, manufacturing or high-tech sectors.
  • Experience working in a global company with exposure to international revenue practices.
  • Direct experience with SOX compliance documentation and testing.
  • Excellent communication skills
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Aplyr's read

Bloom Energy is at the forefront of clean energy innovation, attracting professionals passionate about sustainable technology and advanced engineering solutions.

Synthesized from recent postings & public sources

What's promising

  • Bloom Energy is a leader in solid oxide fuel cell technology, offering cutting-edge solutions for clean energy.
  • The company has a strong focus on innovation, continually developing advanced power generation systems.
  • Bloom Energy's commitment to sustainability aligns with growing global demand for eco-friendly energy solutions.

What to watch

  • The energy sector is highly competitive, with rapid technological advancements posing constant challenges.
  • Bloom Energy faces financial pressure to maintain profitability amidst fluctuating market conditions.
  • Regulatory changes in the energy industry could impact Bloom Energy's operations and growth.

Why Bloom Energy

  • Bloom Energy specializes in solid oxide fuel cells, differentiating it from traditional energy providers.
  • The company offers unique opportunities for engineers interested in cutting-edge clean energy technologies.
  • Bloom Energy's distributed power generation approach provides resilience and flexibility in energy supply.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Bloom Energy

Bloom Energy is a public company that designs, manufactures, and sells solid oxide fuel cells for distributed power generation.

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