Job Description

Job Description

About Prometheus Group

Prometheus Group is a team of self-starters centered on being resourceful, accountable, and results-focused. Career progress is based on merit and not years of service or attaining certifications. Our drive and dedication to creating great products for our global customers are at the heart of all we do! In joining Prometheus, you will become a part of the largest global provider of comprehensive enterprise asset management (EAM) software solutions that support the management life cycle for equipment maintenance and operations.

Position Summary

The Revenue Manager is responsible for overseeing all aspects of the company’s revenue accounting in compliance with ASC 606. This includes managing the revenue recognition process, ensuring timely and accurate month-end close and providing actionable insights through reporting and analysis. The role will partner closely with Sales, Legal, and Operations to ensure proper deal understanding, billing, and reporting to support company growth and operational excellence.

Key Responsibilities

Revenue Recognition & Accounting

- Lead the review, interpretation, and application of ASC 606 for customer contracts, including identifying performance obligations, determining transaction prices, allocating consideration, and recognizing revenue.

- Manage the revenue close process, ensuring timely and accurate recording of revenue transactions, journal entries, and reconciliations.

- Establish and enforce cut-off deadlines and materiality thresholds for deal inclusion in monthly close.

- Oversee automation of revenue allocations and SSP updates to reduce manual processes.

Process Improvements & Systems

- Identify and implement process improvements to accelerate close timelines and improve data accuracy.

- Collaborate with IT to integrate Salesforce, billing systems, and ERP for syncing of deals closed in Salesforce.

- Partner with FP&A to enhance revenue forecasting and reporting capabilities, including product-level and regional revenue metrics.

Reporting & Analytics

- Develop advanced reporting on revenue, contract performance, project profitability, and customer spend trends.

- Work with the AR analyst and CS teams to track and report on key revenue-related KPIs, including DSO, billing cycle times, and renewal performance.

Cross-Functional Collaboration

- Work with Billing and Collections to ensure timely invoicing, dispute resolution, and cash collection.

- Support audit requests related to revenue recognition.

Leadership & Team Development

- Manage and mentor revenue accounting staff, fostering a culture of accuracy, accountability, and continuous improvement.

- Provide training to staff on revenue recognition requirements and policies.

Qualifications

- Bachelor’s degree in Accounting, Finance, or related field;

- 5+ years of progressive experience in revenue accounting, with at least 2 years in a leadership role.

- Strong technical knowledge of ASC 606 in a SaaS or software environment.

- Experience with ERP systems (Sage Intacct preferred), Salesforce, and BI/reporting tools.

- Proven track record in process improvement and cross-departmental collaboration.

- Strong analytical, problem-solving, and communication skills.

Performance Metrics

- Accuracy and timeliness of monthly revenue close.

- Timely completion of revenue-related audit deliverables.

- Increase in actionable reporting and revenue insights delivered to leadership.

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