About the Role
Title: Revenue Accountant L3
Location: United States
Job Description:
Make an impact with NTT DATA</p>
Join a company that is pushing the boundaries of what is possible. We are renowned for our technical excellence and leading innovations, and for making a difference to our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can grow, belong and thrive.
Your day at NTT DATA</p>
Revenue is one of the most important and highly visible performance indicators for the company’s management and investors. The Revenue Accountant, L3 is a key player in the entire process and will be responsible for the monthly revenue processing in Oracle and reporting in accordance with monthly close procedures. This role will evaluate, organize and report on customer contract changes, including new deals and terminations, as well as calculate and report commissions deferrals and expense. All tasks will be performed in a manner consistent with best-in-class processes with auditable documentation for revenue and accounts receivable-related accounts.
What you’ll be doing
ESSENTIAL DUTIES & RESPONSIBILITIES
- A leader and decision-maker in the month-end close process including journal entries for multiple entities, account reconciliations and fluctuation analysis. All tasks work together in applying GAAP accounting to effectively report accurate GL balances for revenue and accounts receivable accounts
- Review customer contracts, change orders, SOWs, and purchase agreements to ensure appropriate revenue recognition treatment under ASC 606
- Review accounting memos and supporting schedules to ensure all contracts and modifications are documented, and the resulting revenue calculations align with the technical accounting conclusions and revenue policies
- Gathering and explaining revenue variances for over 20 different entities and multiple sales offerings using PowerBI dashboards, custom reporting or Excel-based dynamic tables
- Respond to ad hoc executive requests related to revenue performance, trends and go-forward expectations; provide input to strategic decisions that affect revenue streams and/or billing principles
- Managing the identification, research and resolution of all issues related to revenue recognition
- Significant contributor to the development of Accounting and Finance policies and update of current procedures
- Build strong relationships with our internal and external partners in order to facilitate prompt payment of invoices and continue to develop strong overall relationships
- Work closely with FP&A to develop and improve revenue forecasting accuracy
- Calculate commission payments for both internal and external sales teams and apply technical accounting literature and guidance to support the deferral or in-period recognition
- Regular problem-solving of unique revenue or receivable transactions with a focus on how the resolution contributes to the accuracy of the financial statements
- Foster a dynamic culture within the team – one that is focused on continuous improvement and process development
KNOWLEDGE, SKILLS & ABILITIES
- Excellent understanding of finance, accounting, budgeting and cost control principles including US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
- Experience with subscription-based transactions under ASC 606 Accounting Revenue Standard and AR functions
- Strong proficiency with MS Office Suite (Word, Excel, PowerPoint, Project)
- Experience with PowerBI is highly encouraged
- Detail-oriented with excellent organizational skills
- Experience with US GAAP audited financial statements and accompanying footnotes
- Ability to gather and interpret relevant data and information, including contracts and sales orders
- Strong Analytical, written and verbal communication skills
- Dedicated to excellent customer service and process improvement
- Ability to manage multiple projects, prioritize and meet deadlines
- Strong interpersonal skills and professional demeanor
- Ability to communicate well verbally and in writing.
- Ability to work well in a team environment and promote inclusiveness and communication among team members.
- Accountability under minimal supervision and remote-based teaming
- Ability to maintain confidentiality
#GlobalDataCentersCareers #LI-PD1
EDUCATION & EXPERIENCE
- Bachelor Degree with an accounting-related emphasis from an accredited school
- Minimum of seven years experience in accounting functions that include accounts receivable, customer billing & revenue transactions
- SAP and other ERP experience is desired
PHYSICAL REQUIREMENTS
- Primarily sitting with some walking, standing, and bending.
- Able to hear and speak into a telephone.
- Close visual work on a computer terminal.
- Dexterity of hands and fingers to operate any required computer keyboard, mouse, and other technical instruments.
- Able to lift and carry up to 20 lbs.
WORK CONDITIONS & OTHER REQUIREMENTS
- Extensive daily usage of a computer or workstation.
- This position is expected to be remote for the foreseeable future with an occasional need to be onsite in a shared worked environment.