When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance now and in the future.
Summary:
In this role, you will perform Accounting Standards Codification (ASC) 606 technical revenue accounting functions, including accounting for revenue guarantees and assessing revenue recognition for customer and reseller/collaborative agreements. You will regularly interact with the revenue operations team as well as cross-functional stakeholders including Financial Planning & Analysis (FP&A) and business teams.
Responsibilities:
Document ASC 606 analyses and conclusions and prepare and maintain revenue recognition models related to revenue guarantees, including entry and management through the Workday ERP system.
Review channel partner and other affiliate customer contracts and determine appropriate revenue recognition policies in accordance with ASC 606 and company policies.
Document and catalog standard selling price and other revenue recognition conclusions for existing and new products and services in accordance with ASC 606 and company policies.
Assess affiliate arrangements and customer contracts for obligations under ASC 808 Collaborative Arrangements.
Ensure effective application of revenue recognition controls and maintain related documentation.
Collaborate with cross-functional stakeholders to provide insight and communicate revenue accounting positions and impacts.
Support the revenue operations team with operationalization of accounting policies.
Trusted business advisor on revenue recognition and ASC 606.
Contribute to the monthly revenue accounting close process including the timely preparation and management of revenue schedules.
Assist in revenue recognition team projects and nonrevenue technical accounting efforts as time permits.
Support the Technical Accounting Lead – Revenue and assist the multiple element arrangement accounting as needed.
Qualifications:
Relevant degree preferred in Accounting or Finance.
5 or more years of relevant accounting experience required.
Active Certified Public Accountant (CPA) license in good standing or CPA licensing in progress required.
Solid working knowledge of ASC 606 and experience with contract interpretation required.
Experience researching and documenting accounting analyses for complex transactions required.
Big 4 or large national/regional public accounting firm experience preferred.
Solid planning and organization skills, ability to multitask, prioritize competing demands and adapt to change; ability to complete tasks with minimal supervision.
Proficient with MS Office Suite to include strong Excel skills. (Experience with Workday is a plus).
Strong critical-thinking, analytical and problem-solving abilities.
Detail-oriented, self-directed, and accountable for timelines, deliverables, and accuracy of work.
CPA Related Benefits (administered at the discretion of the department):
Annual CPA License Fee
Annual AICPA and TSCPA Membership Fees
CPA Review Course
CPA testing Fees (one test/sitting)
Reimbursement for CGMA designation
#IDS
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Estimated Hiring Range:
$77,400.00 – $115,050.00
This position is also incentive eligible.
Vizient has a comprehensive benefits plan! Please view our benefits here:
Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities
The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.
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