Revenue Accountant

We are seeking a qualified Revenue Accountant, supporting our Global Revenue Accounting (GRA) team, headquartered in Waltham, Massachusetts (USA), to participate in monthly and quarterly accounting close cycles.

The successful candidate will be responsible for providing best-in-class support for the period close of revenue and cost G/L accounts in a global, technology and manufacturing environment, and contributing to improvements in our revenue system (RevStream, powered by Alteryx data analytics).

The Accountant will assist with defining and improving revenue procedures and participating in various new accounting system initiatives. Key responsibilities include processing transactions in revenue accounting systems, making journal entries, running financial reports, analyzing booked and deferred revenue, costs of sale and deferred contract costs, etc. We are also expecting the Accountant to review commercial contracts, reconcile engineering projects and write accounting memos.

The Accountant will report to the Global Director of Revenue, located at HQ in Massachusetts, USA and will work closely with other members of the GRA team as well as Sales and Operations managers, Divisional and Regional Finance Partners, Technical Revenue Accounting, IT and Order-To-Cash support personnel at various regional site locations.

Excelitas Technology has operating companies in North America, EMEA and APAC regions. The role will involve communications with teams located in other locations, as well as personnel at HQ in USA.

Principal Duties & Responsibilities:

• Collect and review data from various operating sites and systems used to close revenue books;
• Support monthly and quarterly financial close process including importing and exporting data, analyzing and explaining variances from forecast;
• Process transactions in revenue support systems;
• Review customer contracts for revenue recognition attributes;
• Make manual adjusting journal entries;
• Reconcile B/S accounts at period end;
• Maintain appropriate internal controls and support external audit activities and audit preparation;
• Provide relevant financial reporting to Revenue Accounting management, Business Unit Sales and Operations managers and Finance teams;
• Support the implementation of new revenue recognition calculation tools (RevStream, Alteryx, Agiloft CMS, Blackline, PowerBI) by testing of transactions, running exception reports, working with others on Revenue Accounting Team and on individual site;
• Support external regional statutory reporting requirements as needed.

Education: Bachelors degree in Accounting/ Finance required. CPA, CA, CIA, CMA designation would be a big plus.

Years of Work Experience: At least 3+ years of experience in public accounting or corporate accounting, preferably within a manufacturing publicly traded company.

Required Experience:

• Accounting background including experience of making journal and general ledger entries, doing reconciliations, etc.;
• Experience working with Financial ERP systems (i.e. SAP, Oracle, Great Plains AX)
• Excellent analytical skills;
• Advanced Microsoft Excel skills (pivot tables, v-lookups, etc.);
• Goal / deadline oriented;
• Must be able to focus on detail and be able to prioritize multiple tasks;
• Ability to work flexible hours in support of Corporate and regional teams, particularly around quarterly close.

Preferred Experience:

• Experience in technology manufacturing, engineering services businesses, defense sector;
• Exposure to revenue recognition software such as Aptitude/ RevStream, Zuora Revenue/ RevPro or Softrax, and to SAP S/4 HANA or Oracle e-Business Suite, including GL, OM, AR, and Projects;
• Exposure to data analytics tools such as Tableau, PowerBI or Alteryx;
• Exposure to automated Contract Management solutions and Blackline reconciliation tool;
• This position requires the use of information which is subject to the International Traffic in Arms Regulations (ITAR);
• Visa sponsorship is not available for any position at Excelitas;
• Working knowledge of ASC 606/ IFRS 15 revenue recognition standards.

Excelitas Technologies is headquartered in Waltham, Massachusettsand is committed to ensuring overall business success and corporate governance. In addition to a vast portfolio of high-performance photonic products and technologies, Excelitas offers single source convenience and reliability for integrated end-to-end photonic solutions... from light source to sensor, and everything in between. We excel at delivering innovative and customized components, sub-assemblies and fully integrated photonic systems to meet the unique illumination, optronic, sensing and optical technology needs of global OEM customers.

Equal Opportunity/Affirmative Action Employer

Minorities/Females/Disability/Gender Identity/Sexual Orientation

Excelitas is seeking leaders and innovators to join our global team!

Visit: www.excelitas.com/join-our-team

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