Key Responsibilities & Duties:
● Own complex revenue streams by analyzing contracts, determining appropriate revenue recognition treatment, and ensuring accurate application of ASC 606
● Analyze and interpret customer contracts by identifying performance obligations, transaction prices, and revenue timing across multi-element arrangements
● Prepare and review detailed revenue recognition schedules by ensuring accuracy of deferred revenue, contract assets, and liabilities
● Resolve complex revenue accounting issues by evaluating technical guidance and applying sound judgment to unique scenarios
● Develop and document technical accounting memos by clearly articulating conclusions, supporting analysis, and business implications
● Ensure compliance with SOX requirements by designing, executing, and maintaining effective internal controls over revenue processes
● Partner with Sales, Legal, and other cross-functional teams by advising on contract structuring to align with revenue recognition requirements
● Lead revenue-related close activities by validating data, reviewing outputs, and ensuring completeness and accuracy of reported results
● Evaluate and improve revenue processes by identifying inefficiencies and implementing automation and standardization initiatives
● Support internal and external audits by serving as a subject matter expert and providing detailed documentation and analysis
● Analyze revenue trends and variances by synthesizing complex data and providing actionable insights to stakeholders
● Ensure integrity of financial reporting by reviewing reconciliations and validating system-generated revenue outputs
● Drive consistency in revenue accounting practices by standardizing methodologies, documentation, and controls
● Support system implementations and enhancements by defining revenue requirements and validating system outputs
● Assess impact of new accounting standards by developing implementation approaches and ensuring proper adoption