Description
We are seeking a highly analytical and detail-oriented Senior Revenue Accountant to play a critical role on our Technical Revenue Accounting team – a part of our overall Contract to Cash Process.
The Senior Revenue Accountant will leverage Oracle Fusion Projects to manage the end-to-end project accounting lifecycle, including contract review, fulfillment, cutoff, allocation of revenue according to ASC 606, and evaluating the appropriate revenue recognition model to apply (point-in-time versus over time).
Responsibilities:
- Work with Technical Accounting to ensure revenue is recognized in accordance with ASC 606 for new and modified customer contracts.
- Perform technical assessments to determine the appropriate timing and method of revenue recognition, with a strong focus on transfer of control for both product sales and service delivery.
- Evaluate and determine Standalone Selling Price (SSP) for use in the allocation of contract pricing to performance obligations.
- Provide guidance and support to cross-functional teams on revenue recognition matters, including contract review, revenue forecasting, and deal structuring.
- Execute revenue close procedures efficiently and accurately within tight monthly, quarterly, and annual deadlines.
- Monitor contract funding, limits, modifications, closeouts, and progress to completion, to ensure accurate revenue recognition.
- Ensure compliance with Generally Accepted Accounting Principles (GAAP) and company policies.
- Collaborate with Project Management, Contracts, and Pricing teams to understand contract terms and conditions, and provide guidance on revenue recognition impacts.
- Provide ad-hoc financial analysis and reporting to support strategic decision-making by senior management and FP&A.
- Prepare and review complex revenue journal entries, ensuring proper classification and supporting documentation.
- Look around the corner to mitigate future potential issues and mitigate actual issues with optimized processes and controls.
- Support internal and external audit requests, including DCAA audits, by providing detailed documentation and explanations.
- Identify opportunities for process improvements and automation within the revenue accounting cycle to enhance efficiency and accuracy.
- Act as a power user of our ERP system (Oracle Fusion Cloud) for all revenue-related activities, including contract setup, project accounting, product and service pricing, and contract asset / liability accounting.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field from an accredited institution.
- 3+ years of progressive experience in revenue accounting, with significant exposure to ASC 606.
- Demonstrated experience with government contracting, including product, service, leasing, and maintenance contract accounting is strongly preferred.
- Hands-on experience with a large-scale ERP system (e.g., Oracle, SAP) and its Project Accounting functionalities.
- Exceptional attention to detail and a commitment to accuracy, especially in a fast-paced environment with tight deadlines.
- Strong analytical, problem-solving, and investigative skills.
- Excellent written and verbal communication skills, with the ability to articulate complex financial concepts clearly.
- Proficiency in Microsoft Office Suite, particularly advanced Excel skills (pivot tables, VLOOKUPs, complex formulas, data modeling).
- Must be authorized to work in the United States.
Benefits: Anduril offers top-tier benefits for full-time employees, including comprehensive, competitive benefits package (available at little to no cost to employees) to support health, recovery, and overall well-being.