Revenue Recognition Accountant - REMOTE
Job Description
This is where you save and sustain lives
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
This is where your insights influence change.
Your belief in hard work, critical thinking, and analytical approach is essential in understanding the big picture as well as collaborating on solutions. Though your talent is needed across a wide array of work environments, your preference is working at a large, stable company. One that appreciates your skills and actively invests in your career.
Your Team
Baxter is a large, global company that provides rich opportunities to develop professionally and learn from one another. Our mission to save and sustain lives is backed by a strong business model and over 90 years of success and growth.
As our company's mission comes to life, it brings vast amounts of data with it. The finance organization has the responsibility and privilege of translating this data into meaningful, practical insights to help teams learn and adapt along the way!
Are you 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 flawless 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. Own 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.
- Proven 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 our employees, and we strive to be more transparent with our pay practices. To that end, this position has a base salary range of $52,800 to $132,000 plus an annual incentive bonus. The above range represents the expected base salary range for this position. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in the role, business line, and geographic/office location.
#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
01/29/2023
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