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About the Role
The Revenue and Recognition Accountant performs analyses and reconciliation of complex deals, ensuring compliance with regulatory reporting and Thales Cyber Security Products (CSP) revenue recognition policies. This position collaborates closely with various departments including Sales, Sales Operations, Sr. Management, Operations, Legal, and Finance.
Responsibilities
- Assist with the review and interpretation of revenue contracts and commercial transactions to determine proper accounting in accordance with CSP policies and IFRS.
- Analyze and document sales transactions in APAC, EMEA, NORAM above certain thresholds.
- Research revenue recognition issues as they arise.
- Process, record, and reconcile revenue and deferred revenue.
- Provide support for all aspects of revenue-related month-end close activities.
- Perform timely reconciliations each month to ensure data integrity of revenue, deferred revenue, and assigned balance sheet accounts.
- Report outstanding deferred revenue items to the sales team and operations.
- Ensure all revenue is properly allocated for multiple element arrangements.
- Provide monthly revenue reporting, including preparing revenue and deferred revenue roll-forward analysis, and reports for internal and external reporting related to revenue transactions.
- Work with auditors to answer questions and provide support for CSP revenue recognition and assigned balance sheet reconciliations, including policies and procedures.
- Obtain an in-depth knowledge of Authoritative Accounting Literature such as IFRS 15 and pending Topic 606.
- Assist in training efforts, primarily for Sales, on basic revenue recognition principles.
- Monitor changes in accounting guidance and regulations to ensure accurate reporting of revenue.
- Review and reconcile various Revenue Related Balance Sheet accounts.
- Perform other duties as assigned.
Requirements
- Bachelor’s degree in Accounting or Finance or 5+ years of experience working in Accounting or Finance
- Advanced experience with Excel and major ERP systems.
- Effective written and verbal communication; ability to explain revenue recognition to various teams unfamiliar with finance.
- Demonstrated ability to proactively manage and multi-task critical projects to completion within established deadlines.
- Prior experience with period-end close process and reporting.
- Ability to work cooperatively and collaboratively with all levels of employees, management, and external parties to maximize performance, creativity, problem-solving, and results.
- Ability to operate independently to produce creative and practical solutions from general direction.
- Applicants must be legally authorized to work in the United States for any employer at the time of hire.
- This position is not eligible for visa sponsorship or for assuming sponsorship of an employment visa now or in the future.
- This position will require successfully completing a post-offer background check.
Skills
- Excel
- ERP systems
- Revenue recognition
- Analytical skills
- Problem-solving skills
- Organizational skills
Location
- Austin, United States of America
Work Type
- Hybrid
Experience Level
- 1 to 3+ years of previous experience working in revenue recognition (Preferred)
- 5+ years of experience working in Accounting or Finance (Minimum)
Education Level
- Bachelor’s degree in Accounting or Finance
- Certified Public Account (CPA) (Preferred)
- MBA or Master’s degree in another relevant field of study (Preferred)
Salary/Compensations
- Total Target Cash (TTC) 81,927.00 - 142,140.00 USD Annual
Benefits
- Elective Health, Dental, Vision, FSA/HSA, Voluntary Life and AD&D, Whole Group Life w/LTC, Critical Illness, Hospital Indemnity, Accident Insurance, Legal Plan, Identity Theft, and Pet Insurance
- Retirement Savings Plan after 30 days of employment with a company contribution and a match, and with no vesting period
- Company paid holidays and Paid Time Off
- Company provided Life Insurance, AD&D, Disability, Employee Assistance Plan, and Well-being Program
About the Company
- Thales people architect identity management and data protection solutions at the heart of digital security.
- Business and governments rely on us to bring trust to the billions of digital interactions they have with people.
- Our technologies and services help banks exchange funds, people cross borders, energy become smarter and much more.
- More than 30,000 organizations already rely on us to verify the identities of people and things, grant access to digital services, analyze vast quantities of information and encrypt data to make the connected world more secure.
Equal Opportunity
- Thales champions inclusion and we believe diversity strengthens the fabric of our culture.
- Thales is an Equal Opportunity Employer, including disability/veterans.
- Qualified candidates with [a] criminal history will be considered and are not automatically disqualified, consistent with federal law, state law, and local ordinances.