REVENUE RECOGNITION BUSINESS PARTNER

The JAPAC 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 function, you will be involved in analyzing the construct of Oracle’s multiple element deals and providing specialist advisory services by highlighting potential revenue accounting impact on draft deals as well as strategic executed orders, whilst working closely with critical stakeholders such as Deal Management, Business Practices, Finance & Legal. Your main focus will be to ensure quarterly earnings results fully adhere to Oracle’s accounting policies and US GAAP accounting guidelines.

The Revenue Recognition Team enjoys high visibility within Oracle given their direct governance over revenue which directly impacts Oracle’s share price.

Location: Sydney, Australia

 

RESPONSIBILITIES

• Provide technical accounting advice to Sales, Deal Management, Finance and Legal teams during deal negotiation stage such that revenues are maximized in accordance with external and internal accounting guidance whilst ensuring Finance’s forecasting activities are supported
• Develop and establish relationships with key stakeholders such as Sales, Finance, Deal - Management and Legal organizations
• Maintain an up to date and thorough knowledge of the technical accounting policies, including Oracle’s internal Revenue Recognition Policy
• Review strategic contracts for compliance with above mentioned policies
• Lead or assist in global projects across various Revenue Recognition teams/functions
• Cross-team partnering within the Global Revenue Recognition Org to ensure consistent application of revenue accounting
• Provide subject matter training to all lines of business across JAPAC as and where needed

 

PERSONAL SKILLS

• Qualified accountant with minimum of 5 years industry and/or public accounting experience
• Demonstrate strong influencing, decision making and problem solving skills
• Highly customer focused and results oriented
• Ability to develop strong cross functional relationships with stakeholders across various functions
• Ability to interpret, present and explain complex accounting issues to various internal business partners
• Excellent organisation skills and the ability to handle multiple, competing tasks simultaneously, whilst maintaining attention to detail
• Strong written and verbal communication skills
• Self-starter, ability to work independently, and recommend continuous process improvement in a rapidly changing environment

 

QUALIFICATIONS:

- Qualified accountant or equivalent

- US GAAP ASC 606 experience is desirable

Maintain general accounting systems, policies, and procedures to ensure that proper information is reported in accordance with Generally Accepted Accounting Principles.

As a member of the finance division, you will assist in accounting functions which may include general ledger, accounts payable, accounts receivable, fixed assets, and inter-company transactions. Maintain the general ledger to include the preparation of journal entries, analysis, reconciliation and reporting. Maintain and implement general accounting systems. Conduct account reconciliation periodically, ledger close activities, and provide accurate financial data to support management in decision making. Develop and prepare financial reports including profit and loss, income and balance sheet statements. Review and analyze inter-company transactions. Ensure all journal entries comply with internal and external audit specifications. Participate in the ongoing development and maintenance of internal procedures and processes. May participate in special projects.

Leading contributor individually and as a team member, providing direction and mentoring to others. Work is non-routine and very complex, involving the application of advanced technical/business skills in area of specialization. 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. 8 years accounting experience and BA/BS degree in Accounting or equivalent. Some positions need you to be bilingual in English and Spanish or Portuguese.