Revenue Accountant, NTT
$89.6-128.2k
Plus an annual bonus
More information about location
Technology & business solutions
Job no longer available
Technology & business solutions
1001+ employees
Job no longer available
$89.6-128.2k
Plus an annual bonus
More information about location
1001+ employees
Company mission
To create a lasting impact, by delivering meaningful innovation.
Role
Who you are
- Excellent understanding of finance, accounting, budgeting and cost control principles including US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
- Experience with subscription-based transactions under ASC 606 Accounting Revenue Standard and AR functions
- Strong proficiency with MS Office Suite (Word, Excel, PowerPoint, Project)
- Experience with PowerBI is highly encouraged
- Detail-oriented with excellent organizational skills
- Experience with US GAAP audited financial statements and accompanying footnotes
- Ability to gather and interpret relevant data and information, including contracts and sales orders
- Strong Analytical, written and verbal communication skills
- Dedicated to excellent customer service and process improvement
- Ability to manage multiple projects, prioritize and meet deadlines
- Strong interpersonal skills and professional demeanor
- Ability to communicate well verbally and in writing
- Ability to work well in a team environment and promote inclusiveness and communication among team members
- Accountability under minimal supervision and remote-based teaming
- Ability to maintain confidentiality
- Bachelor Degree with an accounting-related emphasis from an accredited school
- Minimum of seven years experience in accounting functions that include accounts receivable, customer billing & revenue transactions
- SAP and other ERP experience is desired
- Primarily sitting with some walking, standing, and bending
- Able to hear and speak into a telephone
- Close visual work on a computer terminal
- Dexterity of hands and fingers to operate any required computer keyboard, mouse, and other technical instruments
- Able to lift and carry up to 20 lbs
What the job involves
- Revenue is one of the most important and highly visible performance indicators for the company’s management and investors. The Revenue Accountant, L3 is a key player in the entire process and will be responsible for the monthly revenue processing in Oracle and reporting in accordance with monthly close procedures
- This role will evaluate, organize and report on customer contract changes, including new deals and terminations, as well as calculate and report commissions deferrals and expense
- All tasks will be performed in a manner consistent with best-in-class processes with auditable documentation for revenue and accounts receivable-related accounts
- A leader and decision-maker in the month-end close process including journal entries for multiple entities, account reconciliations and fluctuation analysis. All tasks work together in applying GAAP accounting to effectively report accurate GL balances for revenue and accounts receivable accounts
- Review customer contracts, change orders, SOWs, and purchase agreements to ensure appropriate revenue recognition treatment under ASC 606
- Review accounting memos and supporting schedules to ensure all contracts and modifications are documented, and the resulting revenue calculations align with the technical accounting conclusions and revenue policies
- Gathering and explaining revenue variances for over 20 different entities and multiple sales offerings using PowerBI dashboards, custom reporting or Excel-based dynamic tables
- Respond to ad hoc executive requests related to revenue performance, trends and go-forward expectations; provide input to strategic decisions that affect revenue streams and/or billing principles
- Managing the identification, research and resolution of all issues related to revenue recognition
- Significant contributor to the development of Accounting and Finance policies and update of current procedures
- Build strong relationships with our internal and external partners in order to facilitate prompt payment of invoices and continue to develop strong overall relationships
- Work closely with FP&A to develop and improve revenue forecasting accuracy
- Calculate commission payments for both internal and external sales teams and apply technical accounting literature and guidance to support the deferral or in-period recognition
- Regular problem-solving of unique revenue or receivable transactions with a focus on how the resolution contributes to the accuracy of the financial statements
- Foster a dynamic culture within the team – one that is focused on continuous improvement and process development
- Extensive daily usage of a computer or workstation
- This is a remote position that requires reliable internet connection and electricity. A monthly stipend is provided to cover expenses associated with working remotely and use of a personal mobile device, if applicable
Our take
NTT is a global company providing digital business consulting, alongside technology for cybersecurity, cloud computing, workplace operations, and more. Established as the Nippon Telegraph and Telephone Public Corporation in 1952, the company has transformed for the digital era and delivers products that help its clients do the same.
From beginnings as a telephone business, NTT has evolved into a data-led technology and business solutions provider. Its NTT Data branch, now a certified B corporation, was launched in 1988 to create value for clients by leveraging IT, showing that the company adapted early on to the approaching digital revolution. A series of acquisitions in the 2000s and 2010s transformed the company’s structure into what it is today, giving it the capacity to deliver improved solutions across the globe.
NTT serves over 75 of the Fortune Global 100 companies. And in 2023, the company announced its membership in the Joint Cyber Defense Collaborative (JCDC), which aims to strengthen the focus on cybersecurity in the US government and internationally. This, alongside other partnerships such as that of NTT Research with Harvard, aligns with NTT’s goal to be proactive in solving the world’s biggest problems with data.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company HQ
5, Chiyoda City, Tokyo
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