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Revenue Accounting Manager

Company: Cadence Design Systems
Location: San Jose
Posted on: September 22, 2022

Job Description:

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 $3.0B+ 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) 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 neededPosition Requirements:
    • 5-6 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 initiativeDesirable Qualifications:
      • Certified Public Accountant
      • Experience with SAPWe're doing work that matters. Help us solve what others can't.

Keywords: Cadence Design Systems, San Jose , Revenue Accounting Manager, Executive , San Jose, California

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