Revenue Recognition Analyst

Revenue Recognition Analyst

Oracle Corporation Asia Pacific Division
Singapore Thailand
2 - 5 Years
Not Specified

Job Description


Job Description :
Preferred Qualifications
Revenue Recognition Analyst
The EMEA Revenue Recognition team is a group of highly motivated professionals who leverage their knowledge and expertise to support Oracle%26rsquo;s business leaders in executing commercial business with partners and customers that will maximize Oracle%26rsquo;s revenues, while ensuring the highest standard of compliance with Oracle%26rsquo;s internal controls, business practices and internal and external accounting policies.
As a member of this highly skilled team, your focus will be to ensure that all revenues are recognized in accordance within the framework of Oracle%26rsquo;s Revenue Recognition policies and relevant accounting framework (ASC 606), thereby ensuring all revenue allocations and adjustments are recorded accurately and timely. In addition, you will be working closely with various stakeholders (e.g. Deal management, Sales, Business Practices, Legal) in resolving revenue related queries and provide minor support on deal structuring.
RESPONSIBILITIES:
-Review executed arrangements for compliance with US Generally Accepted Accounting Principles (ASC 606) and Oracle%26rsquo;s Revenue Recognition and other corporate policies;
-Ensure all revenue allocations/adjustments are accounted for accurately and timely, and duly communicated to relevant stakeholders to facilitate in their accurate forecasting of revenues;
-Providing some advisory support to various lines of businesses to ensure deals are structured in accordance with Oracle%26rsquo;s revenue recognition policy whilst maximizing revenue;
-Maintain an up to date and thorough knowledge of all relevant technical guidance, including ASC 606 and Oracle%26rsquo;s Revenue Recognition Policy;
-Provide support to ad hoc projects as required.
Desired Skills and Experience:
-Degree in Accounting/Finance or equivalent;
-Minimum two years of accounting experience, with exposure to revenue accounting (ASC 606) ideal, but not essential;
-Strong analytical skills, a can-do attitude with good organizational and problem-solving skills, as well as attention to detail;
-Strong written and verbal communication skills, ability to communicate clearly %26amp; concisely with external stakeholders and internally within rev rec;
-Ability to work under pressure;
-Highly customer focused and results orientated;
-Experience with Oracle (i.e. deal management, legal, business approvers, etc.) is a plus;
- Fluency in English is mandatory.Ensures that revenue is recognized in accordance with Corporate and SEC standards. Provides direction to sales organization prior to contracts being concluded.
As a member of Revenue Accounting you will assist in the processing of revenue impacting adjustments and reconciling balance sheet account. Monitor revenue, reconcile receivables, and unearned accounts. Work with internal customers to resolve related revenue inquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.
Duties and tasks are standard with some variation. Completes own role largely independently within defined policies and procedures. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Familiarity with Oracle Financials is essential. 2 years accounting experience and BA/BS degree in Accounting or equivalent. Some positions need you to be bilingual in English and Spanish or Portuguese.
As part of Oracle%27s employment process candidates will be required to successfully complete a pre-employment screening process. This will involve identity and employment verification, professional references, education verification and professional qualifications and memberships (if applicable).Detailed Description and Job Requirements
Ensures that revenue is recognized in accordance with Corporate and SEC standards. Provides direction to sales organization prior to contracts being concluded.
As a member of Revenue Accounting you will assist in the processing of revenue impacting adjustments and reconciling balance sheet account. Monitor revenue, reconcile receivables, and unearned accounts. Work with internal customers to resolve related revenue inquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.
Duties and tasks are standard with some variation. Completes own role largely independently within defined policies and procedures. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Familiarity with Oracle Financials is essential. 2 years accounting experience and BA/BS degree in Accounting or equivalent. Some positions need you to be bilingual in English and Spanish or Portuguese.
As part of Oracle%27s employment process candidates will be required to successfully complete a pre-employment screening process. This will involve identity and employment verification, professional references, education verification and professional qualifications and memberships (if applicable).

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