Senior Manager, Finance

Landis+Gyr is a leading global provider of integrated energy management solutions for the utility sector.

We’ve been an innovator in metering technology since 1896, shortly after the invention of electricity generation.

125 years later, we continue to lead the industry with solutions that help utilities solve complex challenges in Smart Metering, Grid Edge Intelligence, and Smart Infrastructure.

Our company is made up of over 5,000 people across 30 countries, driven by the common mission to help the world manage energy better.

With regional headquarters in Alpharetta, GA and locations across the U.S., we offer excellent benefits, career development opportunities, and a hybrid work environment where employees can work remotely up to two days per week.

This position will manage the team owning the modeling of all potential deals, including new business and renegotiation/extensions of existing contracts along with the oversight on ensuring models are built with appropriate revenue recognition, cashflow principles, and implement processes to ensure work is completed timely and accurately.

This person will also serve as a liaison between Accounting, Finance and Commercial Operations to lead and support the organization’s functions which include, but not limited to the following: 

• Revenue recognition includes working with Finance, Accounting, Commercial Operations, Sales Operations, Legal and other business partners to ensure full compliance with appropriate revenue recognition guidelines in accordance with US GAAP including accounting research, review and analysis of large multi-element contracts and documentation of significant terms during RFP process and upon execution of contracts.

Working to prepare technical memos, board papers and development and maintenance of appropriate revenue recognition models and audit support.

Serve as an advisory role to senior management and Finance organization related to revenue recognition of complex transactions.

This person will also work with Finance and other business partners to help identify and protect revenue, prevent revenue leakage, cost overruns and losses to improve margins as well as support the organization’s budget, mid-term plan and monthly forecasting.

• Contract review, compliance and audit support.

• Monthly close and financial reporting/preparation of schedules, disclosures, order entry and backlog. 

Key Responsibilities

• Contract reviews and develop revenue models for new contracts according to ASC 606.

• Review monthly revenue including unbilled receivable and deferred revenue and changes in variable considerations and contract modifications to ensure proper revenue recognition and identify any potential revenue leakage.

• Review order entry for proper recognition and periodic review of backlog to ensure reasonableness.

• Provide technical guidance and ad hoc support to Legal and Com-ops for contract negotiations.

• Provide relevant accounting guidance and support to Finance and Operations including correct use of material IDs to ensure proper accounting treatment and financial reporting.

• Own the analysis, changes and publication of the price lists and rate sheets.

• Provide pricing strategies/analyses/recommendations to increase win rates across all products.

• Primary lead for financial audits related to revenue accounting including ASC 606 checklists and revenue models for multi-element arrangements.

• Periodic review of accrued and deferred COGS associated with revenue contracts to ensure appropriate recognition and reasonableness of margin

• Understands the financial risk profile including the development of key mitigation plans in conjunction with subject matter experts.

• Develop, track and analyze Commercial & Financial KPI’s (win rate, hit rate, cycle time, price & margin expansion/erosion).

• Lead data-driven analyses on pricing, profitability and other business analytics to provide business intelligence to drive decisions.

• Supports and adheres to Company’s core values.

• Performs other duties or responsibilities as assigned or required.

• Supports and adheres to Company’s Code of Conduct and Ethics Policy.

• Represents Company in a positive, professional manner when working with both internal and external customers.

Education & Experience

• Required Minimum Level of Education: Bachelor’s Degree

• Required Minimum Years of Experience: 7+ to 10

• Required/Desired Certifications: Certified Public Accountant

Desired Education/Experience

• A Bachelors degree in Accounting, Finance or related field with at least 5+ years with national public accounting firm and/or work with a public company in a similar role or equivalent working where ASC 606 is required.

• Experience in fast-paced global, technology and/or utility industry, complex long-term customer and vendor contracts, SAP and ASC 460 desired. 

Knowledge/Skills/Abilities

• Analytical, problem solving and follow through skills.

• Managing, Coaching and Training skills.

• Excellent communication skills.

• Acute vision to see details at close range.

• Excellent listening skills and ability to understand information and ideas presented through spoken words.

• Ability to recognize potential problems and take proactive measures.

• Ability to read and understand information and ideas presented in writing.

• Must have proficient multitasking, organizational and time management skills.

• Experience with large ERP applications with experience in SAP, IBM Cognos, TM1 or Tableau, a plus.

• Excellent relationship-building skills.

• Ability to work independently or on a team.