At ICON, it’s our people that set us apart. Our diverse teams enable us to become a better partner to our customers and help us to fulfil our mission to advance and improve patients’ lives.
Our ‘Own It’ culture is driven by four key values that bring us together as individuals and set us apart as an organisation: Accountability & Delivery, Collaboration, Partnership and Integrity. We want to be the Clinical Research Organisation that delivers excellence to our clients and to patients at every touch-point. In short, to be the partner of choice in drug development.
That’s our vision. We’re driven by it. And we need talented people who share it.
If you’re as driven as we are, join us. You’ll be working in a dynamic and supportive environment, with some of the brightest and the friendliest people in the sector, and you’ll be helping shape an industry.
Director, Finance Revenue - Office Based, Dublin
The Director of Revenue Recognition is responsible for the day-to-day execution as well as the ongoing evolution and improvement of the organisation’s global revenue cycle. He/she will control and report on the organisation’s revenue accurately on a monthly basis and aid the VP Finance/Business Leadership in the decision making process through the provision of superior financial analysis. This position will also analyse revenue accounting impacts and implement new revenue accounting policies.
The Director of Revenue Recognition will contribute to the tactical input for the various business units regarding recognition and timing of revenue, in accordance with other members of the management team. The appointee will lead and guide the revenue accounting team and ensure the revenue results of the global entities are properly reported based on U.S. generally accepted accounting principles of GAAP (ASC 605 and 606).
The ideal candidate will have proven experience in a complex global organisation, understanding the nuances that various geographies hold. He/she will shape a team of individuals responsible for the day-to-day operation of revenue functions of a multi-location, multi-national distributed business. This role will also require a breadth of organisational leadership as well as change/project management skills, so to ensure that function is responsive and continually provides ‘centre of excellence’ support to business initiatives and challenges.
Responsibilities
Processes/controls
- Ensure that the correct operational controls, reporting procedures, and systems for revenue recognition are in place throughout the organisation
- Ensure that robust internal control systems are in place to assure the integrity of the organisation's revenue management and statutory reporting
- Lead the development of best practice and relevant accounting standards, policies and procedures, creating meaningful impact at all levels where appropriate
- Maintain and build an organisation that appreciates the criticality of strong revenue accounting practices, ensuring high levels of governance and compliance, particularly with regard to SOX processes
- Manage the annual audit and quarterly reviews and the SOX testing process
- Collaborate with internal customers and stakeholders to develop, challenge and continually improve processes and systems aligned with revenue recognition
- Ensure that relevant accounting policies and procedures are documented, understood, and reviewed/ updated as necessary.
Reporting
- Ensure best in class Business Intelligence revenue reporting is developed and implemented, in both operating businesses and at management level to optimise timely decision-making and monitoring of business outcomes
- Develop and implement appropriate revenue recognition practices & policies throughout the business to ensure accounting, financial and operating reports accurately reflect the financial results of the business and provide reliable information to all stakeholders
- Manage the monthly and quarterly revenue reporting close process to strict deadlines ensuring integrity and accuracy of the information reported
Teambuilding
- Lead, motivate and develop the revenue recognition team with a strong focus on coaching and recognising opportunities for development in order to achieve KPIs
- Demonstrate exemplary people management and in line with organisation policies and procedures
- Proactively use the Performance Management Process as a means to support resource planning within your team
- Resource the revenue recognition team and define the roles to deliver the business strategy
- The organisation actively promotes succession planning for key roles. The Director of Revenue Recognition will be expected to develop succession plans in respect of key roles within his/her area of responsibility.
Performance Improvement/Relationship Management
- Develop and monitor key business target setting and performance improvement indicators in conjunction with the VP Finance
- Create and maintain a strong customer centric culture within the revenue recognition team
- Apply knowledge to develop systems and business processes for revenue recognition that increase efficiency or support emerging business initiatives or transactions
- Provide advice on the impact of revenue recognition policies to key stakeholders; in doing so build and maintain excellent working relationships with colleagues in elated function inter alia billing, operations, sales, legal, corporate finance, investor relations and finance business partners
- Communicate effectively with business unit leaders and the management team to ensure that they have a thorough understanding of revenue levers, procedures, and controls.
Qualifications
- A relevant honours degree from a third level institution
- Membership of a recognised, professional accountancy body.
- 10+ years’ post qualification experience, of financial accounting, revenue recognition or audit experience, with a minimum of eight years in a management capacity
- Ideally, work experience in a publicly quoted environment
- Comprehensive and technical knowledge of U.S. GAAP software revenue recognition rules, including deep understanding of new revenue standards (ASC 606)
- Experienced in a range of finance disciplines including corporate finance, regulatory reporting, taxation and treasury
- Leadership in all technical finance matters through building organisation wide ‘centre of excellence’ for revenue recognition; continually aligning this function with the emerging needs of the business
- Multi-skilled professional comfortable working with all levels of the organisation
- Advanced business analysis skills to evaluate, select and implement ‘best in class’ revenue recognition solutions capable of making a substantial contribution to the organisation’s capability to grow its business.
Personal Qualities
- Takes responsibility for own actions and visibly supports the senior leadership team and their agenda
- Results-focused - understands what is important to senior management and the wider community of employees
- Excellent interpersonal skills – with the ability to influence and negotiate
- A strong communicator who invites participation and engagement
- Displays integrity - is sincere in own behaviour and in dealings with others
- Takes a broad interest in the success and development of the finance function as a whole
- Sound judgment, in terms of dealing with people, and his/her ability to demonstrate good decision making across a broad range of operational areas
- Track recording of thriving in a complex, fast–paced and potentially ambiguous environment
- Team player - capable of working across all levels to achieve objectives
- Track record for rapid career advancement to date, in recognition for individual performance in roles
- A natural collaborator – comfortable interacting with the various business units.
- A self-confident, decisive personality whose superior interpersonal skills invite participation and engagement through effective communication and the ability to influence and negotiate
- A natural networker with presence and gravitas who builds and nurtures relationships both internally and externally
- An accomplished leader with a reputation for tenacity, determination and professionalism while able to accommodate compromise
- A dedicated professional, committed to delivering superior service through having an open disposition and a willingness to listen and learn
Benefits of Working in ICON:
Our success depends on the quality of our people. That’s why we’ve made it a priority to build a culture that rewards high performance and nurtures talent.
We offer very competitive salary packages. And to keep them competitive, we regularly benchmark them against our competitors. Our annual bonuses reflect delivery of performance goals – both ours and yours.
We also provide a range of health-related benefits to employees and their families and offer competitive retirement plans – and related benefits such as life assurance – so you can save and plan with confidence for the years ahead.
But beyond the competitive salaries and comprehensive benefits, you’ll benefit from an environment where you are encouraged to fulfil your sense of purpose and drive lasting change.
ICON is an equal opportunity and inclusive employer and is committed to providing a workplace free of discrimination and harassment. All qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please let us know through the form below.
