Mazahir Hakimi
Austin,TX
Summary
Senior Revenue accounting leader with 15+ years of experience specializing in ASC606, SaaS/software revenue recognition, and complex contract accounting. Proven track record in leading close processes, technical accounting, and NetSuite ARM implementation. Enthusiastic Leader with the ability to adapt to new challenges and environments within Fortune 600 and Small-Medium size businesses. Extremely strong analytical, organizational, and problem-solving skills coupled with an excellent work ethic and a drive for success.
Overview
30
30
years of professional experience
Work History
Senior Manager Revenue Accounting
F45 TRAINING
Austin, TX
10.2023 - 01.2026
- Reviewed complicated sales contracts and provided insight on revenue recognition treatment. Worked closely in collaboration with legal, sales, operations, and billing to forecast cash workflow.
- Developed and maintained 7 different complex revenue models to book revenue.
- Performed monthly revenue close and reconciled unbilled and deferred revenue accounts.
- Assisted with ARM Advance Revenue Module implementation and Review BRDs, SSP Analysis, and Sandbox testing by working closely with the internal and external implementation partners.
- Worked closely with the forecast team for process improvement and provided revenue guidance to the team.
Global Revenue Manager
MELTWATER
San Francisco, CA
02.2022 - 08.2023
- Supervised a team of three Overseas revenue and close activities; commissions, server and data reviews, and providing guidance by engaging the menu, encouraging full collaboration, active participation, and empowering them to grow their role & responsibilities.
- Reviewed contracts for recent acquisition draft ASC606 memos for assessing the acquisition impact to the business.
- Reviewed complicated software deals and collaborated with legal, sales operations, and finance, and completed the checklist.
- Assisted with ARM Advance Revenue Module implementation and Review BRDs, SSP Analysis, and Sandbox testing by working closely with the internal and external implementation partners.
- Reviewed complicated software deals and collaborated with legal, sales operations, and finance.
- Leading identification of gaps and shortcomings in previous ASC606 implementation, utilizing NetSuite Advance Revenue Module and resolving them by working with consultants and software deployment teams.
- Developing customizations to NetSuite to enhance reporting functionalities and help management drive business decisions.
- Performed monthly/quarterly close and reconciled unbilled and deferred revenue accounts.
- Managed accounting close and procedures concerning ASC606 and provided software revenue guidance to the business.
- Performed monthly revenue reporting management and assisted FP&A in producing revenue forecasts.
Senior Revenue Consultant at North America Commercial Division (Contract position)
SUNPOWER CORP
Austin, TX
08.2019 - 01.2020
- Performed customer contract reviews. Lead and manage accounting engagement with key stakeholders during contract negotiation to provide revenue guidance in line with ASC606, hence optimizing the revenue and minimizing the financial risk to the company.
- Performed contract review for the North America Commercial Business. Write a conclusion about the revenue treatment and complete the ASC606 checklist.
- Engaged with the cross-functional teams, sales, legal, and PM during contract negotiations.
- Coordinated with the extended accounting team for communicating any non-standard terms, variable consideration, etc. for recording appropriate revenue journal entries.
Senior Revenue Lead Accountant AS4 Dell/Software & Peripheral Division
DELITE TECHNOLOGIES INC.
Austin, TX
01.2002 - 01.2019
- Managed software revenue accounting for the Americas region. Lead teams and provide accounting guidance on the treatment of revenue transactions. Assessed and evaluated key controls and identified risks and improved opportunities to Senior Management.
- Led the adoption of ASC606 standard and streamlined the proofing of financials to be compliant with the new revenue standard.
- Guided teams in Asia and Europe to comprehend and apply complex accounting rules governing software revenue recognition.
- Calculated and booked monthly journal entries for U.S. to be in compliance with software revenue recognition rules such as ASC606 SOP97-2, EITF08-1 (Revenue Recognition for Software Product with Multiple Deliverables).
- Reconciled deferred revenue accounts with a combined balance of $700M.
- Performed reviews of large deals to assess required adjustments for gross margin and deferred revenue recognition.
- Performed contract reviews on top software vendors to determine correct accounting treatment in accordance with EITF99-19 (Revenue Recognition Gross vs. Principal).
- Knowledge of SAB101, 104 & SOP97-2 SOP98-9 and EITF00-21 EITF00-20 EITF08-1 and 09-3 for revenue recognition.
- Performed quarterly reviews of VSOE/TPE/ESP to analyze data and impact on revenue recognition to book any revenue adjustments.
Senior Accountant at SOX Analyst Dell/Produce Design Division
01.2008 - 01.2009
- Managed SOX compliance for the Dell Produce Design division. Assessed and evaluated key controls and identified risks and improved opportunities to Senior Management.
- Eliminate SOX and internal controls redundancy and form 105 to 60 controls through the intense risk assessment process.
- Improved controls testing by 2 full days through training and establishing guidelines for the SOX testers.
- Coordinated with the region's global operating to define the field key controls.
Senior Accountant at $260M Global Procurement Division
01.2006 - 01.2008
- Performed Month-End accounting key account analysis, balances sheet reviews, and provided guidance in the allocation of budget to marketing, refund, and business segments. Conducted training and held regular meetings with regional finance and marketing teams to address accounting concerns and vendor requirements to mitigate financial risk. Held monthly balance sheet reviews with business segments/vendors to improve cash flow and aging.
- Averted financial risk of $17M by identifying weaknesses and redesigning the accounting process for A/R.
- Performed actively reviewed delinquent A/R balances and assisted segment Controllers in effectively and efficiently reducing these balances by improving aging by 11 days per year & minimizing financial risk to segment P&L.
- Special Project: Co-testers in multiple project testing during Oracle 11i (Project Monarch) upgrade.
- Special Project: Worked closely with PwC auditors preparing work papers for revenue recognition and Plural Inc. acquisition during the internal investigation of Dell/SEC investigation.
Senior Financial Analyst Dell Professional Service Division
01.2005 - 01.2006
- Directed FP&A for Service division with total revenue of approximately $340M. Managed and presented actual/projected revenue reporting to senior management. Developed and designed financial models for operating expenses & headcount planning, forecasting, and variance analysis using Outlook & Hyperion. Demonstrated subject matter expertise in managing pricing models developed to assist sales team and project managers in scoping contractual deals. Analyzed and evaluated the month-end close results in compliance with Sarbanes-Oxley section 404.
PLURAL INC. (Acquired by Dell Technologies in 2002)
01.2002 - 01.2004
- Worked in the integration of Plural to Dell Technologies from 2002 to 2004.
Manager of Accounting & Finance Reporting at Plural Inc.
PLURAL INC.
New York, New York
01.1996 - 01.2002
- Led the accounting and reporting function for Plural with a focus on month-end close and producing the company's financial statements, variance analysis, and revenue reporting. Advised preparing annual budgets, financial forecasts, and outlook. Held monthly operating meetings with directors and managers to assess required adjustments for gross margin and deferred revenue recognition.
- Co-lead automation of new financial statement reporting to enhance & track business performance evaluation.
- Performed detailed analysis reviews of G&A expenses and identified savings opportunities of 15% year/year.
- Managed software revenue recognition for $54M annually in compliance with SOP97-2 & EITF00-21.
- LAWSON software implementation: Played a lead role in developing progressive Chart of Accounts, worked with Arthur Anderson consultants detailing the accounting processes for the general ledger and accounts payable.
- Resolved 65% of Billing/Revenue LAWSON systems issues in record time post-implementation by leading and working closely with IT Team.
Senior Accountant at Plural Inc.
01.1998 - 01.2000
- Led a team of three staff accountants to manage the full-cycle monthly/quarterly close process, balance sheet reviews, and variance to actual financial account analysis. Facilitated financial statement review processes and external audit support during the quarterly/annual audits.
- Improved the Month-End close cycle by 2 full days to facilitate faster quarterly earnings results.
- Mentored and trained staff accountants in enhancing productivity one full day.
- Managed cash flow projection improving Days Sales Outstanding by 7 days.
- Redesigned and automated the processing again in full day to perform payroll and 401k functions.
Staff Accountant at Plural Inc.
01.1996 - 01.1998
- Administered payroll and the company benefits package including 401k benefits. Performed accounts payable functions. Prepared and maintained multiple bank account reconciliations. Assisted with the month-end close.
Education
MBA - Business Administration And Management
Texas A&M University
Dallas, TXBachelor of Science - Accounting
New Jersey City University
Jersey City, New JerseySkills
- ASC606, SaaS Revenue Recognition, SSP Analysis
- Contract Review & Technical Accounting
- Leading month-close
- Financial Planning & Analysis & Executive Reporting
- SOX Compliance & Audit Support
- Process Improvement Leverage AI for Process Automation
- Coaching & Developing Team
- NetSuite/ARM the ERP System Oracle
- NetSuite/ARM Implementation
- Data Analytics Advance Excel/Power BI/Power Query
- Blackline Salesforce Oracle
- Advanced skills (data analytics) in collecting, verifying, interpreting, and reporting large-scale datasets Excel nested IF statements, pivot tables, lookup functions index lookup, vlookup hlookup condition functions, and advanced charting macros by BA, MS Power Query and MS Power BI Access importing/exporting relationships SQL queries with calculated fields forms reports macros and VBA
Timeline
Senior Manager Revenue Accounting
F45 TRAINING
10.2023 - 01.2026
Global Revenue Manager
MELTWATER
02.2022 - 08.2023
Senior Revenue Consultant at North America Commercial Division (Contract position)
SUNPOWER CORP
08.2019 - 01.2020
Senior Accountant at SOX Analyst Dell/Produce Design Division
01.2008 - 01.2009
Senior Accountant at $260M Global Procurement Division
01.2006 - 01.2008
Senior Financial Analyst Dell Professional Service Division
01.2005 - 01.2006
Senior Revenue Lead Accountant AS4 Dell/Software & Peripheral Division
DELITE TECHNOLOGIES INC.
01.2002 - 01.2019
PLURAL INC. (Acquired by Dell Technologies in 2002)
01.2002 - 01.2004
Senior Accountant at Plural Inc.
01.1998 - 01.2000
Manager of Accounting & Finance Reporting at Plural Inc.
PLURAL INC.
01.1996 - 01.2002
Staff Accountant at Plural Inc.
01.1996 - 01.1998
Bachelor of Science - Accounting
New Jersey City University
MBA - Business Administration And Management
Texas A&M University