Revenue Assurance Specialist at PTC

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Jan, 26

Salary

0.0

Posted On

23 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Revenue Recognition, Accounting Principles, ASC 606, Contract Review, Data Analysis, Process Improvement, Communication Skills, Attention to Detail, Time Management, Organization, Intellectual Curiosity, Creativity, Financial Statement Disclosures, Audit Coordination, Research Skills, Deal Structuring

Industry

Software Development

Description

Perform contract reviews for revenue related contracts to determine appropriate accounting treatment under ASC606 and document conclusions Review, recalculate, and analyze the accounting of revenue contracts in the revenue accounting automation system and communicate any required adjustments and/or revenue judgements to the Revenue Accounting team Interact with Deal Desk, Legal, Operations and Sales during contract negotiations/non-standard deal modeling gaining an understanding of the deal structure and identify facts that might impact revenue recognition and reporting. Assist in updating internal revenue policies and procedures and ensure procedures are followed in compliance with the Company's SOX controls Coordinate and/or review and respond to internal and external audit queries for corporate quarterly and annual audits to ensure auditors are receiving required information in an accurate and timely manner. Clarify operating procedures and help drive process improvement initiatives Assist in the compilation of various financial statement disclosures Understanding of general accounting principles and standards (knowledge of ASC 606 software revenue recognition preferred) Ability to research accounting guidance and apply to new business offerings Ability to work in a fast-paced environment and meet deadlines Intellectual curiosity and creativity Ability to analyze and interpret data sets Strong attention to detail, time management, organization and communication skills Excellent communication skills: able to clearly communicate information in an easy to understand manner; able to deliver message effectively verbally and in writing Bachelor's degree in Accounting or Finance 1-4 years of experience in accounting, finance or related field (Public Accounting firm experience a plus)

Responsibilities

The Revenue Assurance Specialist will perform contract reviews for revenue-related contracts to determine appropriate accounting treatment under ASC 606 and document conclusions. They will also interact with various teams during contract negotiations to understand deal structures and ensure compliance with internal policies and procedures.