The Americas Revenue Recognition team is a group of highly motivated professionals who leverage their specialist knowledge and expertise to enable Oracle’s business leaders execute deals which maximize Oracle’s revenues across multiple pillars (software, hardware, cloud & various services), while applying the highest degree of compliance with internal and external accounting policies.
As a member of this highly skilled team, you will be working closely with various stakeholders (e.g. Deal Management, Business Practices, Legal, etc.) to ensure Oracle’s Revenue Recognition policies are adhered to and that revenues are recognized appropriately.
- Identify, develop and establish relationships with key stakeholders such as Sales, Business Practices, Deal Management and Legal organizations
- Provide technical accounting advice to Sales, Business Practices, Deal Management and Legal teams during deal negotiation stage such that revenues are maximized where possible and risk is mitigated in accordance with external and internal accounting guidance
- Maintain an up to date and thorough knowledge of the technical accounting policies, including Oracle’s internal Revenue Recognition Policy
- Review significant signed contracts for compliance with US GAAP ASC 606 and Oracle’s Revenue Recognition Policy to ensure timely and accurate financial reporting
- Partner with Global Revenue Recognition regional and cross functional teams to ensure consistent application of revenue accounting practices and controls are adhered to
- Develop relationships with our external auditors to ensure all quarterly audit requirements are met on a timely basis.
- Responsible for and/or assist with recruitment, performance management, conducting appraisals, and identifying training and development needs of direct reports and the wider team
- Lead, assist or participate in Global Revenue Recognition projects such as Simplification, Stabilization of Revenue Recognition Teams in Oracle hubs, System Enhancements, etc.
PERSONAL SKILLS
- Excellent people management/leadership skills
- Strong decision making and problem solving skills
- Strong technical accounting skills
- Strong influencing and persuasion skills at senior levels
- Ability to interpret, present and explain complex accounting issues to various internal business contacts
- Excellent organization skills and the ability to handle multiple, competing tasks simultaneously, whilst maintaining attention to detail
- Self-starter, ability to work independently, and recommend continuous process improvement in a rapidly changing environment
PREFERRED SKILLS & EXPERIENCE
- Minimum of 4 years revenue recognition or finance/accounting experience
- Bachelor’s degree in business required
- Strong knowledge of US GAAP ASC 606
- Public accounting experience a plus
- Additional languages (i.e. Spanish or Portuguese) a plus
!|!Ensures that revenue is recognized in accordance with Corporate and SEC standards. Provides direction to sales organization prior to contracts being concluded.
As a member of Revenue Accounting you will assist in the processing of revenue impacting adjustments and reconciling balance sheet account. Monitor revenue, reconcile receivables, and unearned accounts. Work with internal customers to resolve related revenue inquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.
Job duties are varied and complex utilizing independent judgment. May have project lead role. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Familiarity with Oracle Financials is essential. 5 years accounting experience and BA/BS degree in Accounting or equivalent. Some positions need you to be bilingual in English and Spanish or Portuguese.
Oracle is an Affirmative Action-Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veterans status, age, or any other characteristic protected by law.
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