Revenue Recognition Technical Accounting Analyst mfd at our European HQ
Revenue Recognition Technical Accounting Analyst mfd at our European HQ
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1 Vacancy
Job Description
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23000 employees operating in over 150 countries Xylem is at the forefront of addressing the worlds most critical water challenges. We invite passionate individuals to join our team dedicated to exceeding customer expectations through innovative and sustainable solutions.
We are looking for an Technical Accounting Analyst (m/f/d) to join our corporate Finance team. This position will be primarily responsible for providing technical analysis and reviewing revenue contracts for the global organization.You will work directly with the senior accounting leadership Legal Sales and Product Management to structure contracts evaluate the executed documents and prepare/document conclusions.You will also actively engage in process improvement and future revenue automation activities across the company.
Location: Schaffhausen in Switzerland (Xylem Europe Headquarter)
Essential Duties/Principal Responsibilities:
- Have an indepth knowledge of US GAAP with a focus on revenue recognition rules for product service and technology companies (ASC 606
- Provide recommendations to legal and sales on how to appropriately structure sales contracts to avoid revenue recognition issues after
- Partner with Operations Finance to provide a view on future revenue timing impacts of sales concessions and the impacts from other negotiating inputs
- Evaluate final executed agreements and document accounting conclusions in technical memorandum
- Upload accounting conclusions and contract characteristics into the Companys electronic contract management system (SalesForce/Appttus)
- Help lead the implementation of best practices for revenue team counterparts worldwide to scale business and global revenue expansion
- Continuously improve the global accounting processes and procedures by identifying areas to streamline automate or refine
- Partner with the accounting and reporting team to provide guidance on complex transactions including acquisitions dispositions impairments restructuring litigation etc.
- Provide training on technical topics to finance teams within the segment
- Provide assistance with monthly quarterly and annual reporting requirements
- Interface with both internal and external auditors in support of audit procedures
Qualifications: Education Experience Skills Abilities License/Certification:
- BA/BS in Accounting and/or Finance or equivalent qualification
- ASC 606 experience
- CPA required
- Ability to influence decisions based on expertise
- Proficient in Excel
- Public accounting experience preferred (Big 4 experience a plus)
- Problemsolving analytical skills and the ability to balance multiple tasks simultaneously
- Position requires high attention to detail and a desire for continuous improvement
- Strong verbal and written communication skills and a professional attitude and demeanor working with the internal team
- Strong organizational skills and ability to work both independently and collaboratively manage multiple projects and prioritize workload to meet deadlines
We Offer You More Than Just A Job
- Professional Development To advance the capabilities of our people we offer a wide variety of experiences to support our employees professional growth and continuous learning.
- Total Rewards We offer comprehensive programs for compensation benefits recognition learning and development worklife integration and corporate citizenship.
- Watermark Watermark is our corporate social responsibility program working to provide education and access to safe water to ensure healthy lives gender equality and resilient communities. Employees have the opportunity to learn and volunteer on various waterrelated projects.
- Employee Networks Our Employee Networks provide a professional supportive network for employees from diverse backgrounds including Womens LGBT and Allies Veterans People of Color and Allies Emerging Leaders and Working Parents Networks.
For questions regarding this opportunity please reach out to Niklas Naunheim Senior Talent Acquisition Partner at.
We are looking forward to your application!
Xylem is an Equal Opportunity Employer. Employment decisions are made without regard to race color religion national or ethnic origin sex sexual orientation gender identity or expression age disability or other characteristics protected by law.
#LINN1
Join the global Xylem team to be a part of innovative technology solutions transforming water usage conservation and reuse. Our products impact public utilities industrial sectors residential areas and commercial buildings with a commitment to providing smart metering network technologies and advanced analytics for water electric and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
Required Experience:
IC
Employment Type
Full-Time
