The Americas Revenue Recognition team is a diverse group of highly motivated professionals that leverages its technical accounting and finance expertise to enable Oracle stakeholders to execute transactions with customers that will maximize Oracle’s revenue while mitigating risk. The team focuses on meeting the highest standard of compliance with US GAAP, Oracle’s Revenue Recognition policies, Internal Controls, Business Practices and Finance & Accounting policies.
As a member of this high performing team, you will have a fiduciary responsibility to adhere to and promote our core objective of ensuring revenue is recognized in accordance with US GAAP, ASC 606 and Oracle’s Revenue Recognition, Internal Controls, Finance & Accounting and Business Practices policies.
Revenue Recognition Mission
We promote consistent revenue recognition practices through collaboration with our stakeholders, training and development, and continuous improvement of our processes, all while remaining committed to our responsibility as business fiduciaries.
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RESPONSIBILITIES:
- Maintain an up to date and thorough knowledge of Oracle’s Revenue Recognition, Internal Controls, Business Practices and Finance & Accounting policies
- Review and discuss assessments of non-standard, complex transactions internally with the Americas and Global RevRec teams and communicate accounting conclusions to external stakeholders
- Ensure consistent application of Revenue Recognition policies, practices and processes, promote continuous improvement
- Collaborate with external stakeholders during the pre-execution stage of contracts, provide rev rec guidance on deal structures and advise on ways to minimize risk and maximize revenue
- Develop and maintain relationships with external stakeholders, promote a highly collaborative work environment and promote and provide training
- Maintain an up to date and thorough knowledge of Global RevRec and Americas team objectives and initiatives
- Review significant signed contracts for compliance with US GAAP ASC 606 and Oracle’s Revenue Recognition Policy to ensure timely and accurate financial reporting
- Maintain an up to date, working knowledge of Global RevRec and Oracle systems, databases and communication tools
- Provide support to internal and external auditors and assist in special projects as assigned
KEY SKILLS:
- Strong decision making and problem-solving skills
- Strong technical accounting acumen with ability to comprehend and apply technical guidance to complex scenarios
- Ability to present and effectively communicate complex accounting issues
- Strong organization skills, with the ability to manage and prioritize multiple, competing tasks, while maintaining attention to detail
- Ability to work under pressure in a fast-paced, remote, and demanding environment
- Highly customer focused and results oriented
- Self-starter, ability to work both independently and collaboratively, as needed
- Fluent in English is essential; additional language skills (i.e., Spanish or Portuguese) is a plus
QUALIFICATIONS AND EXPERIENCE:
- 8+ years of relevant accounting experience, with a minimum of 4+ years revenue recognition ASC 606 and accounting US GAAP experience at a cloud service provider
- Business/ Accounting/ Finance degree
- Public accounting experience is a plus
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Career Level - IC4
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