Director of Revenue Recognition, Inventory

1 day ago


Rosh HaAyin Center District, Israel Ceragon Networks Full time $120,000 - $150,000 per year

Job Description
Who We Are?
Ceragon is the global innovator and leading solutions provider of end-to-end wireless connectivity, specializing in transport, access, and AI-powered managed & professional services. Through our commitment to excellence, we empower customers to elevate operational efficiency and enrich the quality of experience for their end users.

Our customers include service providers, utilities, public safety organizations, government agencies, energy companies, and more, who rely on our wireless expertise and cutting-edge solutions for 5G & 4G broadband wireless connectivity, mission-critical services, and an array of applications that harness our ultra-high reliability and speed. Ceragon solutions are deployed by more than 600 service providers, as well as more than 1,600 private network owners, in more than 130 countries.

Through our innovative, end-to-end solutions, covering hardware, software, and managed & professional services, we enable our customers to embrace the future of wireless technology with confidence, shaping the next generation of connectivity and service delivery.

Ceragon delivers extremely reliable, fast to deploy, high-capacity wireless solutions for a wide range of communication network use cases, optimized to lower TCO through minimal use of spectrum, power, real estate, and labor resources - driving simple, quick, and cost-effective network modernization and positioning Ceragon as a leading solutions provider for the "connectivity everywhere" era.

About the Role:
We are looking for a highly skilled and experienced Director of Revenue Recognition, Inventory & Cost of Goods Sold to join our world-class finance team. This role will be responsible for all aspects of financial reporting related to revenue recognition (ASC 606), inventory and COGS accounting across a complex and evolving product portfolio, including hardware, software, and services of a dynamic, global, US publicly traded, high-tech company. The Director will play a key role in ensuring compliance with US GAAP, working with external auditors, leading a high-performing accounting team and collaborating with key stakeholders across various functions. The ideal candidate will have a CPA license with a strong background in technical accounting and financial reporting, excellent managerial skills and at least 5 years of experience as a Revenue Recognition Manager or a Senior Controller of a global US publicly traded high-tech company.

What You'll Do as a Part of Your Role:
Leading Global Revenue Recognition and Accounting Operations:

  • Serve as the Company's global technical expert on revenue recognition.
  • Oversee the quarter-end revenue recognition process for hardware, software, services, and bundled offerings, ensuring accurate treatment in compliance with ASC 606.
  • Own the design and implementation of revenue recognition policies and procedures, ensuring consistent application across regional business units, including complex scenarios such as unbilled revenue, variable consideration, Percentage-of-Completion accounting, and contract acquisition costs.
  • Maintain and update revenue recognition memos for significant transactions.
  • Monitor and assess the impact of new accounting standards or interpretations.
  • Oversee global inventory & COGS accounting (ASC 330 & ASC 705) across multiple geographies and supply chain sites.
  • Support the analysis of inventory obsolescence, excess, and slow-moving stock.
  • Partner with Operations and Supply Chain teams on inventory cycle counts, annual physicals, and valuation matters.
  • Prepare related presentations for senior leadership and the board of directors.
  • Prepare related sections of the Company's SEC filings, including 20F and 6K.
  • Establish partnerships and maintain strong relationships with Business-Finance, FP&A, Legal, Operations and Sales to evaluate new contracts and complex revenue arrangements for appropriate accounting treatment.
  • Work with the Company's external auditors (EY) on quarterly reviews and annual audits.
  • Maintain ongoing communication and collaboration with finance teams across global subsidiaries.
  • Maintain SOX procedures and execute internal controls related to revenue recognition, COGS, inventory management, and reserves for inventory obsolescence, ensuring thorough documentation and compliance.
  • Implement and enhance accounting systems and processes, leveraging BI tools to improve reporting accuracy and efficiency.
  • Proactively identify opportunities for cost savings and operational efficiencies through process improvements, technology adoption, and automation.
  • Support M&A and restructuring transactions, including due diligence and post-deal integration from revenue recognition and inventory perspectives.
  • Perform ad hoc analyses and provide support on special accounting matters as needed.
  • Lead and supervise a global accounting team of 3 accounting professionals, including training, performance evaluations, and ongoing professional development. Ensure high-quality output, encourage collaboration, and foster a positive and supportive work environment.

The Director of Revenue Recognition, Inventory & Cost of Goods Sold will play a crucial role in shaping the financial strategy of our Company

Job Requirements
What does it require from you?

  • Bachelor's degree in accounting, CPA with Big 4 experience in the high-tech industry.
  • Minimum 5 years of relevant experience as a Revenue Recognition Manager or Senior Financial Controller in a global US publicly traded technology company.
  • Proven experience in direct management of a team of at least 2-3 accounting professionals.
  • Deep knowledge of US GAAP and SEC reporting, with specific expertise in ASC 606, inventory, and COGS accounting.
  • Experience with SOX compliance and internal control frameworks.
  • Strong analytical skills, with the ability to evaluate data, perform complex calculations and identify and resolve technical accounting problems.
  • Ability to distill complex accounting analysis and effectively articulate accounting issues to non-accounting specialist colleagues.
  • Demonstrated success working cross-functionally and communicating across all levels of an organization.
  • Excellent attention to detail and ability to produce high-quality, accurate work within tight deadlines.
  • Hands-on, proactive, and solution-oriented approach to problem-solving.
  • Team player, fast learner, self-motivated with a high sense of urgency, high level of independence & self-review, and can-do mindset.
  • Good interpersonal skills, high work ethic, and willingness to work under pressure and extended hours when needed.
  • Proficient in ERP and Consolidation systems, preferably Oracle and HFM (past experience in system implementation - an advantage).
  • Excel, Word, and PowerPoint Wizard.
  • Excellent written and verbal English, including the ability to draft technical memos and present to senior leadership.
  • Immediate availability – an advantage.


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