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Title:  Revenue Accountant

Location: 

Bangalore, Karnataka, IN, 560071

Requisition ID:  31623
Job Summary

The Revenue Accountant is a key member of the overall revenue team and is responsible for ensuring all revenue contracts are accounted for in accordance with ASC 606 guidelines.  Activities are performed on a daily, monthly and quarterly basis and involve a variety of tasks, some of which include:

  • Reviewing and understanding standard and non-standard agreements
  • Reviewing transacted orders to validate proper accounting
  • Analysis and special accounting for non-standard deals
  • Placement and release of revenue hold reserves and calculation or reserve requirements
  • Review of fair value allocations
  • Monthly and quarterly account analysis, journal entries and reconciliations
  • Management reports
  • Quarterly disclosures
  • Monthly data validations between ERP and Revenue Accounting systems
  • Support the internal & external audit as well as SOX control process by generating and providing supporting schedules and evidence or review and approval and Compliance with revenue SOX controls
  • Perform ad hoc projects and analysis to answer business questions and evaluate strategic opportunities
Job Requirements
  • Be a versatile player in the revenue space who is detail oriented, organized, and able to prioritize work and meet deadlines
  • Able to articulate technical revenue accounting guidance and apply to real world situations
  • Ability to collaborate with the rest of the Revenue Team as well as establish cross-functional working relationship with other departments.
  • Strong understanding of the principles of revenue recognition: ASC606
  • Working knowledge of US GAAP and accounting operations (e.g. reconciliations)
  • Strong proficiency with Excel (advanced functions)
  • Experience with RevPro and Oracle preferred.
  • Monthly Close process - Analysis Schedules/ Reserve Requirements/ Journal Entries/ Reconciliations
  • Monthly Business Review and Finance Operational Reporting
  • Prepare periodic reporting for finance, sales, services, etc.
  • Document key processes and desk procedures and cross-train on routine tasks and reporting
  • Support Process Change and Improvements
  • Support system upgrades and related projects including user acceptance testing
  • Provide back-up coverage when teammates are out of office
  • Able to handle large volumes of data and multi-task in a fast-paced organization
  • Aptitude in root cause analysis
  • Experience in a high-tech company helpful.
  • Must have great problem-solving skills, be a self-starter, understand business issues and be able to clearly and concisely put together recommendations and implementation plans
  • Strong communication skills (verbal and written) are required
Education
  • Bachelor’s degree Accounting, Finance, or related field
  • CPA or Chartered Accountant a plus
  • A minimum of 5 years of Accounting experience related to revenue
  • Ability to influence and partner with business colleagues throughout the organization
  • Attention to detail, organizational skills, and ability to meet firm deadlines is a must
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