- Review sales arrangements to ensure proper revenue recognition in accordance with Guidewire policy and Revenue Recognition Accounting Standards - ASC 606
- Assist in the review of complex revenue transactions including on-premise license conversions (migration to SaaS), non-standard terms and conditions and contract modifications
- Identify revenue implications through contract review and take initiative to perform the guidance research
- Prepare deal write-up for final revenue recognition accounting conclusions and supporting documentations for executed contracts and work with our external auditor;
- Partner with Deal Desk, Legal, Sale and Sale Operation, FP&A and other Finance teams for deal review during contract negotiations and monthly close tasks;
- Assist Managers in maintaining and updating internal revenue policies, procedure and SOX controls;
- Assist with other accounting projects/areas as necessary Requirements:
- An experience finance professional with strong software revenue recognition knowledge in the areas of ASC 606, and related revenue recognition pronouncements under US GAAP and IFRS preferably gained in the software industry with 2+ years of experience or in an audit of Big 4 accounting firms. Other requirements are as follows:
- Bachelor's degree in Accounting, Economics, or Finance. CPA preferred
- Experience with multiple business models such as SaaS, on-premise licenses, and services
- Great interpersonal skills to collaborate with different individuals across the organization and ability to impart ideas in both technical and user-friendly language.
- Ability to work in a fast-paced environment, manage competing priorities, and adhere to tight deadlines
- Keen analytical and problem-solving skills and ability to learn new systems and processes quickly
- Highly motivated to learn and enjoy challenges
- Working knowledge of Google Workspace, Saleforce CPQ and Oracle a plus.
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Senior Revenue Analyst - Hopkins, United States - Guidewire
Description
Revenue TeamOur revenue team plays an integral role with regard to Guidewire's current operations, our growth objectives, and the broader finance organization. Revenue assurance has an important seat at the table with the CEO, CFO, and the Sales leadership team as it relates to deals, new products, licensing, and business model expansion. We operate throughout the world today with plans to drive our growth through organic initiatives as well as acquisitions and partnerships. Our revenue team will be evolving. The revenue team receives a lot of exposure with opportunities to influence the long term direction of the company including how we license and sell our software, consulting, and cloud services.
The Role
As The Senior Revenue Analystyou will be a contributing member of the revenue accounting team and will report to the Revenue Manager. As a top candidate, you should have a desire to learn and review revenue related contracts and apply your knowledge of revenue recognition guidance (ASC 606) and documentation the assessment in contract write-up
Responsibilities
