Financial Analyst
Job Description
At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You'll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients.
Baxter's products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.
Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work.
Join us at the intersection of saving and sustaining lives- where your purpose accelerates our mission.
Your Role at Baxter:
Baxter is looking for a Revenue Recognition Analyst who is interested in being an instrument of change on a high-impact team. This position will work with and receive guidance from senior level accountants within the organization. This position is a perfect fit for someone with a background in Revenue and/or Accounting or a Financial Analyst with experience in Accounting or Revenue Recognition, looking to marry their technical accounting, analytical, and reporting skills.
What You'll be Doing:
- Work daily with the Project Managers to support the weekly forecast and month end journal entries. Ensure all relevant revenue recognition documentation is received timely from the Project Managers, and all professional service hours are accurately forecasted to support accurate revenue recognition for the services. Manage the projects from a revenue perspective by tracking the completion of performance obligations.
- Assist in the preparation of revenue recognition schedules used to define the timing and accuracy of revenue recognition in accordance with current accounting policy, the executed customer contract, and US GAAP.
- Assist in the preparation and review of the weekly forecasting.
- Assist in the Billing/Invoicing functions.
- Prepare monthly journal entries to recognize revenue / deferred costs within the appropriate accounting period. Ensure all relevant documentation to support revenue recognition is received and retained for audit purposes.
- Prepare monthly deferred revenue / costs account reconciliations, as well as the quarterly balance sheet roll forwards, and identify any inconsistencies with expectations. Propose and prepare well supported adjusting journal entries, as applicable.
- For new products, coordinate directly with the Senior Revenue Analyst to understand the new products and apply proper guidance.
- Support other departments within the organization; assist with special projects on an as-needed basis, including system integration and process improvements.
What You'll Bring:
- Bachelor's degree in Accounting or Finance.
- CPA preferred but not required.
- 2+ years' experience of accounting.
- Demonstrable knowledge and application of multiple element and software revenue recognition guidance including ASC 606, a plus but not required.
- Ability to work in a detail-oriented environment and possess the desire to learn new and challenging skills.
- Organizational skills to prioritize multiple projects in a fast-paced environment.
- Strong interpersonal, communications and problem-solving skills.
- Intermediate Excel skills.
We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $52,800 to $132,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.
#LI-JE1
The successful candidate for this job may be required to verify that he or she has been vaccinated against COVID-19, subject to reasonable accommodations for individuals with medical conditions or religious beliefs that prevent vaccination, and in accordance with applicable law.
Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
EEO is the Law
EEO is the law - Poster Supplement
Pay Transparency Policy
Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.
Recruitment Fraud Notice
Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice.
Date Posted
09/13/2023
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5
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