Rimini Street, Inc

  • Sr. Revenue Accountant

    Job Location US-CA-Pleasanton
    Job ID
  • Job Description

    Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software support products and services, and the leading third-party support provider for Oracle and SAP software products. The Company was founded to disrupt and redefine the enterprise software support market by developing innovative new products and services, providing ultra-responsive service and delivering outstanding value to clients.


    We actively seek a Sr. Revenue Accountant resident in our Pleasanton, California office.


    Rimini Street views all of our employees as partners, and is committed to providing an exciting, participatory and team oriented work environment. In addition to our very competitive compensation packages, be prepared for challenging professional growth and fun along the way in our work hard, play hard corporate environment.


    Rimini Street has an exciting opportunity for an experienced Sr. Revenue Accountant to join our Finance organization, the Sr. Director of Global Revenue. As a member of this team, you will be required to have a strong background and understanding of US GAAP accounting principles, and in depth knowledge or revenue recognition guidance including ASC-605 and ASC-606. You will be joining a team of consisting of experienced, motivated, creative, self-sufficient and high energy performers who are responsible for global revenue recognition and accounting, the adoption of ASC-606 and implementation of RevPro This position will build strong partnerships with sales, sales operations, legal and cross functional finance teams including FPA, GL and operations.


    In this role, you will:

    • Provide revenue recognition guidance based on authoritative literature and company policies
    • Documenting and accounting for new and renewal business in accordance with ASC-605 and company policy
    • Evaluate contracts and document the differences between ASC-605 & 606 accounting treatment on a transaction basis
    • Set up revenue recognition schedules in ERP
    • Lead role in monthly revenue close
    • Assist with the adoption and implementation of ASC-606, working closely with our external third parties and internal resources
    • Work cross functionally to support the accounting team in special projects and initiatives
    • Support the revenue team in developing best practices in go forward accounting systems, processes and procedures
    • Prepare journal entries and reconcile financial data
    • Assist in the development and support of Standalone Selling Price (SSP)
    • Stay current on revenue recognition guidance and make interpretations of guidance with respect to company revenues.
    • Prepare technical accounting memos that analyze and conclude on revenue issues on large customer contracts as required.
    • Build and manage strong business partnerships with the project PMO, key finance, legal, sales, and operations leaders to ensure effective internal control collaboration in a fast paced environment
    • Assist in establishing and monitoring the implementation and maintenance of accounting control procedures and accounting policies.
    • Ensure compliance with Sarbanes-Oxley 404 by maintaining required documentation and supporting the testing of revenue operations.
    • Assist in special finance and accounting projects



    • Bachelor’s degree in Finance or Accounting or equivalent; CPA strongly desired



    • Pleasanton, California



    • 7-10 years of Revenue Accounting experience in public companies
    • Public Accounting experience auditing technology companies and/or ASC 606 strongly desired
    • Experience in ASC 985-605, ASC 605-25, ASC 606, ASU 2009-13 and ASU 2009-14



    • Self-starter that works independently with minimal direction
    • In depth knowledge of US GAAP, technology revenue accounting and reporting
    • Team player and solid communicator (written and verbal skills).
    • Strong analytical and creative problem solving skills
    • Strong system and excel skills. Experience with Microsoft AX a plus


    Company Description

    Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products. The company has redefined enterprise software support services since 2005 with an innovative, award-winning program that enables licensees of IBM, Microsoft, Oracle, SAP and other enterprise software vendors to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for a minimum of 15 years. Over 1,330 global Fortune 500, midmarket, public sector and other organizations from a broad range of industries currently rely on Rimini Street as their trusted, third-party support provider.


    The company is widely recognized by clients, leading industry analysts (including Gartner, Forrester, Constellation Research and Nucleus), and financial analysts as the leader in a large, fast growing market with tremendous upside and an extremely strong value proposition that resonates with CIOs and CFOs. With tight IT budgets and flat global economic growth, IT and procurement professionals are actively looking for proven methods to cut costs while improving service. Rimini Street enables organizations to free up budget for strategic business initiatives by delivering savings of up to 90 percent on total maintenance and support costs.


    Be Treated Like the Best

    • Rimini Street hires only the best – and provides the compensation, bonus and benefit programs appropriate for proven top-performing professionals. We want our employees to have an opportunity to share in the financial success that results from our dedication to service excellence, high-quality deliverables and an unparalleled client experience
    • No bureaucracy, thousand-page rule books or politics — just everyone working together to build a great company through service excellence and client success
    • Work hard, play hard environment – Rimini Street is a group of hard-working professionals who are passionate about achieving success, but we also enjoy opportunities to meet up at fun company events
    • We are also passionate about giving back to our communities around the world, with plenty of opportunities for volunteering and charity through the Rimini Street Foundation
    • All Rimini Street professionals are encouraged to grow and learn new skills


    Accelerating Company Growth

    • Trading on Nasdaq: RMNI
    • Over 1,450 active clients, including 85 of the Fortune 500 and Global 100
    • 47 consecutive quarters of sequential revenue growth
    • 2017 Q3 revenue results of $53.6 million, a quarterly increase of 32% year over year


    Recent Industry Recognition

    • Listed as a 2017 Top Workplace in the Bay Area by the Bay Area News Group
    • Named an Inc. 5000 company for the seventh consecutive year, and recognized as one of America’s fastest-growing private companies with three-year revenue growth of 172%
    • Honored with 11 Stevie Awards in 2017, including 5 awards for delivering excellence in customer service
    • Received 7 Golden Bridge awards including Technology Company of the Year



    To learn more about how Rimini Street is redefining the enterprise software support industry, visit http://www.riministreet.com


    Rimini Street is committed to creating a diverse environment and is proud to be an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, national origin, sexual orientation, gender or gender identity, disability and protected veterans status or any other characteristic protected by law.


    Please Note:  Rimini Street does not accept resumes submitted by recruiting/staffing firms unless specifically requested by Human Resources.  Unsolicited resumes will be ineligible for referral fees.


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