Job Posting
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.
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 skillsStrong technical accounting acumen with ability to comprehend and apply technical guidance to complex scenariosAbility to present and effectively communicate complex accounting issuesStrong organization skills, with the ability to manage and prioritize multiple, competing tasks, while maintaining attention to detailAbility to work under pressure in a fast-paced, remote, and demanding environmentHighly customer focused and results orientedSelf-starter, ability to work both independently and collaboratively, as neededFluent in English is essential; additional language skills (i.e., Spanish or Portuguese) is a plusQualifications 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 providerBusiness / Accounting / Finance degreePublic accounting experience is a plusDisclaimer : Certain US customer or client-facing roles may be required to comply with applicable requirements, such as immunization and occupational health mandates.
Range and benefit information provided in this posting are specific to the stated locations only US : Hiring Range in USD from : $79,100 to $158,200 per annum. May be eligible for bonus and equity. Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle's differing products, industries and lines of business. Candidates are typically placed into the range based on the preceding factors as well as internal peer equity. Oracle US offers a comprehensive benefits package which includes the following :