Posted:
10/1/2024, 10:47:34 PM
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Consulting
Job Description:
Revenue Recognition Manager
DXC Technology (NYSE: DXC) is the world’s leading independent, end-to-end IT services company, helping clients harness the power of innovation to thrive on change. Created by the merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise, DXC Technology serves nearly 6,000 private and public sector clients across 70 countries. The company’s technology independence, global talent and extensive partner alliance combine to deliver powerful next-generation IT services and solutions. DXC Technology is recognized among the best corporate citizens globally. For more information, visit www.dxc.technology .
As an integral part of the Global Revenue Assurance team, the Revenue Recognition Manager provides leadership, development and application of consistent revenue recognition rules, policies and assist in documenting accounting guidance for DXC's revenue generating activities on a global basis with specific reference to US GAAP. You will ensure the integrity of key processes by understanding contracts, systems, flow of transactions, internal controls and recommending efficiency and effectiveness improvements.
Responsibilities
• Ensure compliance to DXC Policy & US GAAP. ASC 606 and 842.
• Review customer arrangements to determine proper revenue recognition in accordance with company policy and revenue recognition accounting standards.
• Partner with company stakeholders, including Pricing, Finance, and Contracts/Legal teams to assist internally in the structuring of contracts to support revenue recognition objectives.
• Review and approve revenue treatment documentation of junior team members, as well as documenting revenue treatment for larger, more complex transactions.
• Working with controllership and auditors on acceptance of the revenue dispositions.
• Provide revenue recognitions training to all stakeholders.
• Provide strategic initiatives and other ad hoc projects to the company in the area of revenue assurance.
• Support existing deals with Revenue Recognition queries.
• Provide coaching to increase revenue recognition awareness.
• Mentor/Coach and develop new joiners.
Qualifications
Education and Experience
• Degree with a focus in business or accounting; advanced degree or accounting certification (e.g., Certified Public Accountant (CPA), Master of Business Administration (MBA) preferred.
• 5-7 years of finance experience, with a focus in revenue recognition (ASC 606).
• Experience with lease accounting ASC 842 is a plus.
Knowledge And Skills
• Knowledge of US Generally Accepted Accounting Principles and ability to research relevant Accounting Standards Codification (ASC).
• Excellent analytical skills.
• Excellent business application/spreadsheet skills (e.g., Microsoft Excel).
• Excellent communication and influencing skills.
• Superior teamwork skills, as well as ability to operate independently.
• Strong business acumen.
• Good project management skills.
• Self-starter, responsible, accountable.
Recruitment fraud is a scheme in which fictitious job opportunities are offered to job seekers typically through online services, such as false websites, or through unsolicited emails claiming to be from the company. These emails may request recipients to provide personal information or to make payments as part of their illegitimate recruiting process. DXC does not make offers of employment via social media networks and DXC never asks for any money or payments from applicants at any point in the recruitment process, nor ask a job seeker to purchase IT or other equipment on our behalf. More information on employment scams is available here.
Website: https://ioscm.com/
Headquarter Location: Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom
Year Founded: 2012
Industries: E-Learning ⋅ Education ⋅ Logistics ⋅ Procurement ⋅ Supply Chain Management ⋅ Warehousing