Email: info@virtualcareers.com

Senior Technical Revenue Recognition Analyst at Micro Focus

Senior Technical Revenue Recognition Analyst (U.S. REMOTE)

Job Description:

Job Title: Senior Technical Revenue Recognition Analyst (U.S. REMOTE)

Location: Remote eligible, anywhere within the U.S.

The position is an experienced finance role working within the Revenue Recognition team. The team focuses on monitoring, maintaining and performing the global revenue recognition process for the company. This includes reviewing contracts, applying and advising on revenue recognition principles, and dealing with deferred income and prepayments.

A Senior Technical Revenue Recognition Analyst provides leadership, development and application of consistent revenue recognition rules, policies and assists in documenting accounting guidance for Micro Focus’ revenue generating activities on a global basis with specific reference to IFRS15 as well as handling contra revenue rebates, discounts, and returns. You will ensure the integrity of key processes by understanding systems, flow of transactions, internal controls and recommending efficiency and effectiveness improvements. Work with IT to prioritize system enhancements and development projects related to revenue.

Responsibilities

  • Performing and owning multiple Revenue Recognition tasks and responsibilities with minimal guidance, and applying expertise and initiative to complex activities and decision making
  • Reviewing contracts and sales transactions to ensure proper revenue recognition in accordance with IFRS-15/ASC 606 and Company Policy
  • Performing the month end reconciliation process, investigating variances between forecast and actual revenue, and preparing and advising on revenue-related journals and adjustments
  • Assisting in the negotiation of large/medium complexity deals by advising on revenue recognition and responding to internal queries on revenue recognition
  • Writing good quality memos on revenue treatment for large transactions
  • Maintaining an audit trail of complex revenue treatment of transactions and amendments, and responding to inquiries from auditors
  • Monitoring revenue, performing revenue analysis, preparing revenue reporting and providing data to support the revenue forecasting process
  • Providing revenue recognition training to key stakeholders such as Sales, Sales Operations, Finance, Legal, etc.
  • Collaborating with the broader Quote to Cash team and internal stakeholders to create a seamless, efficient end-to-end process and to fulfill Service Level Agreements
  • Identifying problems or inconsistencies and working with senior colleagues to resolve them in accordance with practice and precedence
  • Assisting with ad-hoc work and Quote to Cash projects as needed, including, but not limited to process improvement initiatives, internal control implementations and system changes
  • Contributing towards individual targets, reporting on progress toward KPIs and interacting with manager on performance
  • Establishing, maintaining and monitoring internal controls and SOX compliance
  • Developing an in-depth understanding of the End-to-end process for Revenue Recognition and Quote to Cash

Required Skills and Experience

Education and Experience

  • BS Finance / Accounting – or equivalent experience
  • 4-6 years of experience in Revenue Recognition
  • Experience within a Global Technology or Software Company and operating within a SOX controls environment is preferred
  • Experience working in a Shared Service Center is preferred
  • Experience across other areas of the Quote to Cash process is an advantage
  • Certified Public Accountant (CPA) preferred but not required

Knowledge and Skills

  • Fluency in the English language required
  • Fluency in another language preferred
  • Advanced communication and presentation skills
  • Excellent problem solving and decision making skills
  • Ability to work with different information systems and business applications
  • Advanced proficiency with Microsoft Office (particularly Excel, Word, PowerPoint and Outlook)
  • Advanced knowledge of Accounting principles (including revenue accounting standards), quote to cash process and financial analysis, with specific knowledge in one area
  • Ability to adapt to a changing environment
  • High level of attention to detail and good analytical skills
  • Ability to work independently and to make key decision under pressure
  • Excellent time management and multi-tasking abilities, with an ability to meet multiple deadlines
  • Good teamwork skills
  • Highly organized and motivated team player
Share this job
Virtual Careers

Virtual Careers is your most reliable job board for remote jobs not just in the United States but also in different parts of the world.

CONTACT US

Virtal Careers
info@virtualcareers.com