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Sr Director, Revenue Recognition and Billing

Company: Xperi Corporation
Location: San Jose
Posted on: May 12, 2024

Job Description:

Xperi invents, develops and delivers technologies that create extraordinary experiences at home and on the go for millions of people around the world. Powering billions of consumer electronics, connected cars and digital content titles, we make entertainment more immersive, driving more intelligent and every interaction seamlessly personalized through our renowned consumer brands: DTS -, HD Radio--- and TiVo -.

Xperi (NYSE: XPER) is a publicly traded technology company headquartered in San Jose, CA with over 2,000 employees across North America, Europe and Asia. Come join a thriving team where you can play an integral role in shaping the future of entertainment technology. - Director of Revenue Recognition and Billing - Responsibilities: -

  • Leading the revenue recognition team - from non-standard deal modeling to applying the revenue recognition accounting guidance to providing disclosures to external reporting
  • Driving technical application of the revenue recognition accounting guidance
  • Advising sales teams, sales operations and shared services on deal structure and the related accounting impact
  • Evaluating and documenting the accounting treatment for non-standard revenue transactions
  • Reviewing activities associated with non-recurring engineering (professional services) agreements
  • Lead the revenue recognition processes for internal control purposes
  • Ensuring timely documentation of key revenue recognition issues
  • Serving as liaison with external auditors on accounting and reporting matters related to revenue recognition
  • Work cross-functionally to support Controllership, FP&A, Sales and Sales Operations, Legal and Shared Services to ensure the integrity of financial information, resolve accounting issues and provide accounting advice
  • Ensure accurate and timely processing of billings and payments to vendors
  • Work with billing system programmers with ongoing rate changes and testing
  • Ensure accounting for billing transactions and adjustments is accurately reflected on the financial statements
  • Manage the credit and collections team to support accelerated collections
  • Compiling, analyzing and reporting financial information to management and government agencies, including IRS reporting
  • Reporting to the Chief Accounting Officer Education/Skills/Experience: - -
    • Minimum of 8 years of experience with recent public accounting client service (Big 4 preferred)
    • Bachelor's degree and CPA required
    • Strong understanding of US GAAP and exposure to complex revenue recognition transactions is a must
    • Proficient at writing technical accounting memos
    • Good judgment, problem identification and problem solving ability
    • Systems knowledge (NetSuite) helpful
    • Proficient in ERP systems including billing and collections functions
    • Strong knowledge of accounting principles
    • Strong understanding of system design
    • Strong project management skills Life @ Xperi: - At Xperi, we value People, Customers, Performance and Innovation. We are dedicated to creating a workplace where all employees have a voice and sense of belonging, feel safe and valued, and are acknowledged for how their unique differences contribute to organizational culture and business outcomes. - Our employees and their families are important to us, and our comprehensive pay, stock and benefits programs reflect that. Xperi supports personal well-being, builds financial security and enables employees to share in our collective success. - Rewards include: -
      • Competitive compensation (salary, equity and bonuses) and comprehensive benefits designed to foster work-life balance, care for your health, protect your finances and help you save and invest for the future.
      • Generous paid time away from work, including flexible time off, holidays and sick time, health and wellness initiatives, and a charitable match program to help you give back to your community.
      • Great perks, which vary by location and can be site-specific: employee discounts, transportation reimbursements, subsidized cafes and fitness facilities.
      • A flexible, hybrid work environment combining the best of in-office collaboration and community-building along with the benefits of working from home. The estimated base salary range for this full-time position is$169,811 - $225,000 plus bonus, equity, and benefits, and can vary if outside of this location. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, competencies, experience, market demands, internal parity, and relevant education or training. Your recruiter can share more about the specific salary range and perks and benefits for your location during the hiring process.

Keywords: Xperi Corporation, San Jose , Sr Director, Revenue Recognition and Billing, Accounting, Auditing , San Jose, California

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