Senior Revenue Accountant

Company:	Seagate Technology Company Profile \| Current Opportunities (11)
Job Location(s):	Scotts Valley
Employment Term:	Regular
Employment Type	Full Time
Start Date:	As soon as possible
Starting Salary Range:	Not Provided
Required Experience:	Open
Related Categories:	Accounting - General

Position Description

Responsibilities:

Develop, propose and implement revenue recognition policies and methodologies in conformance with current FASB and SEC guidance (such as SAB 101& 104, SOP 97-2, EITF 00-21).
Review customer agreements to determine the appropriate revenue recognition in accordance with revenue recognition accounting standards and identify issues to be addressed with Sales, Legal and other key stakeholders. This may include determination of appropriate accounting for sales incentives under EITF 01-9.
Provide guidance to Sales, Legal and finance partners in Seagate divisions in structuring revenue contracts and models to avoid unfavorable revenue recognition outcomes or surprises. These revenue contracts and models may include multiple elements or deliverables and the application of the accounting literature in SOP 92.7, EITF 00-21in addition to SAB 104 is necessary.
Proactively research technical revenue issues, and keep abreast of developments in revenue accounting literature (FASB, SEC guidance), including those arising from IFRS convergence,and advise management on the potential impact to Seagate.
Preparing technical accounting memorandums to document revenue recognition considerations and determinations and interact with external auditors regarding these determinations and other revenue accounting issues. Assist on special projects including financial due diligence and acquisition integration activities related to revenue accounting.
Ensure that internal controls related to revenue and cost of sales are effective, document related processes and perform SOX 404 testing.
Other revenue recognition related accounting activities and analysis may be assigned.

Qualifications

5-7 years total accounting experience; including 3-5 years experience in revenue recognition at a large public technology company with proven proficiency in software revenue recognition (SOP 97-2, EITF 03-5, EITF 00-21), or equivalent big four audit experience focused on technology clients and specifically including revenue recognition audits or reviews.
Strong accounting and analytical skills. Previous experience advising sales leadership and legal partners on revenue recognition impacts of sales agreements and contracts a plus.
Excellent verbal and written communication skills. Demonstrated ability to write technical accounting memorandums; ability to convey revenue recognition and other accounting concepts and issues to non-finance audiences.
Capable of working independently, but also a good team player
Ability to work effectively in a fast-paced environment and multi-task.
Experience in Excel, Oracle, Essbase and MS Access.
Strong internal control focus.

Educational Requirements:

Bachelor degree in Accounting. CPA is required. Qualifications

5-7 years total accounting experience; including 3-5 years experience in revenue recognition at a large public technology company with proven proficiency in software revenue recognition (SOP 97-2, EITF 03-5, EITF 00-21), or equivalent big four audit experience focused on technology clients and specifically including revenue recognition audits or reviews.
Strong accounting and analytical skills. Previous experience advising sales leadership and legal partners on revenue recognition impacts of sales agreements and contracts a plus.
Excellent verbal and written communication skills. Demonstrated ability to write technical accounting memorandums; ability to convey revenue recognition and other accounting concepts and issues to non-finance audiences.
Capable of working independently, but also a good team player
Ability to work effectively in a fast-paced environment and multi-task.
Experience in Excel, Oracle, Essbase and MS Access.
Strong internal control focus.

Educational Requirements:

Bachelor degree in Accounting. CPA is required.