Lara Deen
Vice President, Global Revenue Recognition at Oracle Corporation
- Role
- Vice President and Strategic Process Owner, Global Revenue Recognition at Oracle
- Location
- Redwood City, CA, US
- LinkedIn followers
- 500 followers
About Lara Deen
Over a 18 year career I’ve worked in the complex and high risk world of revenue recognition starting at the ground floor as an analyst and growing up through the organization to shape a high touch and high performance global operation of over 90 professionals. I am blessed with the opportunity to lead Global Revenue Recognition for one of the largest technology companies in the world, a company who continues to experience massive organic and in-organic growth and who is becoming a leading provider of cloud based solutions. I am laser focused on my team as they are what drives our success. I enjoy finding creative ways to enable the entire organization to win every day – from the collaborative production of training and sales enablement education for the field to directing ever evolving strategic policies and process that allow a large operations team across the globe to proactively meet the needs of our customers. Developing my team to be trusted experts in their specialized functions has been a hallmark achievement in meeting these needs. Trusting my team to perform at a high level every day has opened new and exciting opportunities to more closely partner with the sales organization and contribute in a more tangible way to driving revenue for the company.
Experience
Vice President and Strategic Process Owner, Global Revenue Recognition
Aug 1998 — Present · San Francisco, CA, US
Leading a global organization of 95 professionals and overseeing $50B in revenue.+ Broad knowledge of finance, accounting, revenue recognition, mergers & acquisitions, and a proven track record of leading high risk functions and high touch and high performance teams through corporate growth and change.+ Leading Oracle’s adoption of ASC 606, Revenue from Contracts with Customers.+Leading the team responsible for implementation of Oracle Fusion Revenue Management which is designed to address the requirements of ASC 606.+ Moved local country revenue recognition functions into 6 regional shared service centers in the US, EMEA, Asia & Romania.+ Created a dedicated M&A team that performs revenue recognition and associated operational diligence, identifying and reporting on key findings to the CAO and Corporate Development office. This team also manages the integration of the revenue recognition function into the wider Revrec team enabling them to take immediate responsibility for revenue recognition at the point of Change of Control, before acquired company systems and process have been integrated.+ Developed a functional team within the Global Revenue Recognition unit that supports Oracle’s marketing and development organization and is focused on ensuring all future product communications, public marketing events, and customer programs do not compromise revenue recognition.+ Partnered with Oracle’s Financing Division to develop sound financing and leasing policies that have allow Oracle to provide customers with an array of payment plan options that do not adversely impact revenue recognition.+ Craft, revise and enforce all financial policies covering revenue recognition. Authored and released financial policies covering concessions, future product communications, reciprocal transactions and funded software development transactions. Key content contributor to policies covering Order to Cash, Accounting to Corporate Rptg, and Business Combinations.
Education
California State University, Chico
BS Business Administration, Accounting and MIS
1991 — 1995
Skills
- Acquisition Integration
- Saas
- Project Management
- Accounting
- Fair Value
- Us Gaap
- Sox 404
- Centralization
- Credit
- Process Improvement
- Finance
- Strategic Planning
- Mergers
- Vsoe
- Revenue Recognition
- Due Diligence
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