Revenue Accounting Senior Analyst

## Revenue Accounting Senior Analyst Apply locations:
SAN JOSEtime type:
Full time posted on:
Posted Yesterday job requisition :
R55094##
** At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
** This person will join a cohesive team whose environment thrives on collaboration across geographies and departments within the broader Quote-to-Cash team of a publicly-traded software company with $5.0B+ in annual revenues.

Responsibilities include:

* Reviewing software license, hardware, and services contracts and determining the most appropriate revenue accounting per relevant authoritative literature (e.g. ASC 606, ASC 842) and internal revenue recognition policies
* Preparing contract memos highlighting key arrangement components and the five steps required for revenue recognition under ASC 606
* Preparing analytical reports pertaining to revenue-related accounts on a recurring and ad hoc basis
* Participating in quarterly reviews and annual audits conducted by internal and external auditors, including SOX 404 requirements
* Performing quarter-end close activities, including posting journal entries, performing account reconciliations, and executing daily revenue transactions to ensure revenue is properly captured in the financial system
* Contributing to or driving special projects as needed

Position Requirements :
* 4-6 years of industry and/or public accounting (Big
4) experience
* High degree of ethics; meticulous attention to detail
* Strong knowledge of ASC 606 and related guidance
* BS in Accounting, Finance, or related field
* Proficiency with Microsoft Excel
* Excellent written and verbal communication skills
* Strong analytical and critical thinking skills; ability to gather and evaluate information and formulate conclusions
* Ability to work and communicate effectively with cross functional team
* Ability to work on own initiative

Desirable

Qualifications:

* Certified Public Accountant
* Experience with SAP
* Strong knowledge of ASC 842
* Ability and desire to use AI and other tools to improve processes
* The annual salary range for California is $108,500 to $201,500. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location.

Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.
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