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Finance Manager

Farmington Hills, MI 48335

Posted: 06/10/2024 Employment Type: Direct Hire Job Category: 1 - Accounting & Finance Job Number: JO10000349

Job Description

5 plus years of experience as a Finance Manager Digital Transformation

Venteon Finance is currently seeking a Finance Manager Digital Group for a leading manufacturing company located in the metro Detroit area.   As a Digital Transformation Finance Manager specializing in subscription management, Software as a Service (SaaS) solutions, and IFRS 15/ASC 606, your primary role is to lead financial strategies that drive the digital evolution of the organization, particularly in subscription-based and SaaS offerings while ensuring compliance with the IFRS 15/ASC 606 revenue recognition standard.

Requirements of the Finance Manager
  • Bachelor s degree in Accounting or related field
  • MBA or advanced finance certification (e.g., CFA, CPA) is preferred.
  • 5- years of experience in financial management, with a focus on subscription-based businesses, SaaS companies, or digital transformation initiatives, with expertise in IFRS 15/ASC 606.
  • Proficiency in financial modeling, forecasting, and analysis while adhering to IFRS 15/ASC 606 requirements.
  • Strong understanding of subscription models, recurring revenue metrics, SaaS economics, and IFRS 15/ASC 606 revenue recognition standard.
  • Experience with subscription management tools and ERP systems, with the ability to implement IFRS 15/ASC 606-compliant revenue recognition practices.

Responsibilities of the Finance Manager    
  • Develop comprehensive financial plans, budgets, and forecasts tailored to subscription-based and SaaS offerings, considering the impact of IFRS 15/ASC 606 on revenue recognition.
  • Conduct detailed financial analysis to evaluate the performance, profitability, and growth potential of subscription models and SaaS solutions, considering IFRS 15/ASC 606 requirements.
  • Manage the end-to-end subscription lifecycle, including acquisition, billing, revenue recognition, and renewal, ensuring compliance with IFRS 15/ASC 606.
  • Implement and oversee subscription billing processes and revenue recognition practices in accordance with IFRS 15/ASC 606 guidelines, ensuring accurate and timely recognition of subscription revenue.
  • Develop and deliver regular financial reports and dashboards specific to subscription and SaaS revenue streams, highlighting key metrics, trends, and insights, while ensuring compliance with IFRS 15/ASC 606.

If you are a high performer and would like to work for an equally high performing company and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume to ppirrone@venteon.us.com.
 
We treat all resumes with strict confidentiality. We will always contact you first before submitting your resume to our client(s) for review. If you do not receive correspondence, you are not a fit for this position.
 
At Venteon, our talent acquisition team is proud to provide our clients with the most qualified Accounting & Finance, Engineering and IT talent in the industry today.
 
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About Farmington Hills, MI

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