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