Finance Accountant (Revenue Recognition)

Revenue Accountant

Netcracker Technology, a wholly owned subsidiary of NEC Corporation, is a forward-looking software company, offering mission-critical solutions to service providers around the globe.

The Revenue Accounting department is responsible for reviewing customer contracts for proper revenue accounting treatment, making recommendations on revenue recognition strategies, determining treatment of multi-element deliverables and general accounting functions such as journal entries, month-end close, revenue allocations and quarterly/annual audits.

Job Description:

Netcracker is in search of a Revenue Accountant, reporting to a Revenue Supervisor, who has a strong attention to detail and is eager to learn. This individual should have an understanding of the revenue recognition guidance (ASC Topic 606/IFRS 15) and be able to successfully apply this guidance in a fast paced corporate environment.

Responsibilities:

• Review and document complex, multi-element sales contracts to support compliance with ASC Topic 606/IFRS 15.
• Provide revenue guidance to various departments (i.e. Legal, Sales, and Project Teams) on any revenue risks identified during contract review.
• Responsible for month end close activities, including preparation of journal entries and month end reconciliations.
• Monitor monthly committed revenue forecast and identify any risks or variances to be reported to upper management.
• Active collaboration with cross functional groups in Finance department as well as Sales and Project Management to ensure accurate interpretation of the project and drive best practices in revenue.
• Enhance and document policies, procedures and controls.
• Review & monitor balance sheet accounts related to revenue.
• Establish strong relationships in highly collaborative environment.
• Assist with annual audit led by Big 4 firm and respond to external audit queries to ensure auditors receive required information in an accurate and timely manner.
• Support the Revenue Accounting team with special projects, such as improving internal ERP system used to book and record revenue transactions.

Knowledge, Skills and Experience Needed for the Job:

• Bachelor's Degree with concentration in Accounting
• ACCA preferred; Master's Degree highly valued
• 2-3 years of accounting experience
• Experience in Big 4 company will be a plus
• Experience with US GAAP & IFRS revenue recognition and contract structuring, particularly in the technology or software industry/Big 4 company
• Strong organizational and time management skills, as well as the ability to handle numerous projects and deliverables concurrently and within tight deadlines.
• Takes initiative and ownership over responsibilities.
• Ability to think strategically and have a keen attention to detail.
• Strong English verbal and communication skills with experience working cross-functionally within the company & across different time zones.