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For Companies At a Glance
- Tasks: Join our team to ensure accurate revenue recognition and support audits.
- Company: InterSystems is a leading data technology provider with a global presence.
- Benefits: Enjoy a full-time role with opportunities for professional growth and development.
- Why this job: Be part of a creative company solving real-world problems with data technology.
- Qualifications: 5+ years in multinational finance, qualified accountant, and strong Excel skills required.
- Other info: Flexible work environment with a focus on innovation and excellence.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for an experienced Revenue Accountant to join our International team, based in Windsor. This person will assist in the provision of a professional finance service, which provides timely and accurate information to the Corporate, Country Managers and the appropriate external authorities.
Key Responsibilities
- To ensure accurate revenue recognition in accordance with US GAAP standards.
- Maintain standard working papers supporting the calculated revenue recognition for the International region.
- Support the audit process, gathering the required information and presenting in a clear and standard format.
- Review complex software revenue contracts to evaluate and implement the appropriate revenue recognition model in accordance with both ASC 606 (US GAAP) and internal management policies for both new and existing customers.
- Review and update the work in progress schedules, working closely with the local controllers and Implementation teams.
- Prepare the required analytics and segmental reporting for the financial statements.
- Participate in the month end close process by reviewing revenue related journal entries, preparing account reconciliations, and assisting in reporting to the various stakeholders.
- Collaborate with the Customer Operations Team (Billing) and General Accounting team to explain variances, provide inputs to forecasts, and identify trends in revenue.
- Assist in external audits, statutory and where necessary tax.
- Respond to ad hoc management requests.
- Review, as appropriate, systems and procedures and make recommendations for their improvement to the International Controller.
Qualifications
- The post-holder must be flexible, adaptable and quick to learn new routines.
- Attention to detail is paramount, as is the ability to work to strict time-scales and meet deadlines.
- Minimum 5 years previous experience working in a multinational environment using multi-currency systems and dealing with US GAAP software revenue recognition.
- Qualified Accountant.
- Proficient use of Microsoft Excel is mandatory.
About InterSystems
InterSystems, a creative data technology provider, delivers a unified foundation for next-generation applications for healthcare, finance, manufacturing, and supply chain customers in more than 80 countries. Our data platforms solve interoperability, speed, and scalability problems for large organizations around the globe to unlock the power of data and allow people to perceive data in imaginative ways. Established in 1978, InterSystems is committed to excellence through its 24×7 support for customers and partners around the world. Privately held and headquartered in Boston, Massachusetts, InterSystems has 38 offices in 28 countries worldwide.
Revenue Accountant employer: InterSystems
Contact Detail:
InterSystems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Accountant
✨Tip Number 1
Familiarise yourself with US GAAP standards and ASC 606, as these are crucial for the Revenue Accountant role. Consider taking a short online course or reading up on recent changes to ensure you're well-versed in the latest regulations.
✨Tip Number 2
Network with professionals in the accounting field, especially those who have experience in multinational environments. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals.
✨Tip Number 3
Brush up on your Microsoft Excel skills, focusing on advanced functions and data analysis techniques. Being proficient in Excel is mandatory for this role, so consider practising with real-world financial data to enhance your capabilities.
✨Tip Number 4
Prepare to discuss your experience with revenue recognition and audit processes during interviews. Have specific examples ready that demonstrate your attention to detail and ability to meet strict deadlines, as these are key attributes for the position.
We think you need these skills to ace Revenue Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with revenue recognition, particularly in accordance with US GAAP standards. Include specific examples of your work in multinational environments and any relevant software revenue contracts you've reviewed.
Craft a Strong Cover Letter: In your cover letter, emphasise your attention to detail and ability to meet strict deadlines. Mention your proficiency in Microsoft Excel and how it has helped you in previous roles, especially in preparing analytics and segmental reporting.
Showcase Relevant Experience: When detailing your work history, focus on your previous roles that involved complex revenue recognition models and collaboration with finance teams. Highlight any experience you have with external audits and statutory requirements.
Prepare for Potential Questions: Think about the key responsibilities listed in the job description and prepare answers that demonstrate your expertise in those areas. Be ready to discuss how you've supported audit processes and improved systems and procedures in past positions.
How to prepare for a job interview at InterSystems
✨Understand US GAAP Standards
Make sure you have a solid grasp of US GAAP standards, especially regarding revenue recognition. Be prepared to discuss how you've applied these standards in your previous roles and any challenges you've faced.
✨Showcase Your Analytical Skills
As a Revenue Accountant, you'll need to prepare analytics and segmental reporting. Bring examples of past reports you've created and be ready to explain your analytical process and the tools you used, particularly in Microsoft Excel.
✨Prepare for Technical Questions
Expect questions about complex software revenue contracts and ASC 606. Brush up on these topics and think of specific instances where you've had to evaluate or implement revenue recognition models.
✨Demonstrate Collaboration Experience
Collaboration with various teams is key in this role. Be ready to share examples of how you've worked with cross-functional teams, such as Customer Operations or General Accounting, to resolve issues or improve processes.
