General Ledger and Revenue Accountant
- Warszawa, mazowieckie
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As one of the leaders in our industry, over the past 30 years we’ve confirmed our place as the largest provider of electronic payment systems worldwide. With a diverse, dynamic and fast-paced work environment, our employees are results-focused and always given opportunities to excel.
We’re leading the payments industry through experience, innovation, and an entrepreneurial spirit. Whether it’s developing the next platform of secure payment systems or searching for new ways to bring electronic payments to new markets, our team is dedicated to the success of our customers, partners and investors.
Even though we’re a leader in the industry, in the past year we started a transformation of our global business. We’ve hired a new CEO and changed the direction of the companies, so we are not so focused only on hardware but expanding to offer more services and software. And with more than 90 offices around the world, we offer a wide variety of local opportunities to fit your career goals. We provide competitive compensation and benefits packages throughout our locations along with a culture-rich environment with advancement and career development opportunities. There are fantastic opportunities to develop your career and after our transformation we expect to be even bigger, and you can be a big part of the evolution.
General Ledger and Revenue Accountant
Miejsce pracy: Warszawa
Reporting to the Revenue Controller for the European Region, the GL Revenue Accountant is responsible for the revenue accounting process in their assigned responsibility interacting as required with sales, legal, professional services, local controllers, and order administration.
The GL Revenue Accountant supports the Revenue Controller for the European region in determining and documenting compliance with US GAAP and the Company’s revenue recognition guidelines for new and existing contracts.
The GL Revenue Accountant is responsible for monthly, quarterly and annual close activities related to revenue accounting, reporting and analysis. These include but are not limited to preparing account reconciliations, oversight of customer billing transactions, monitoring of deferred revenue and contractual milestones, trend and variance reporting and gathering supporting analysis including customer contractual and billing data for local and corporate review.
Essential Duties and Responsibilities:
Ensure the proper revenue recognition in accordance with Company revenue policies and US GAAP including but not limited to multiple-element arrangements, customer incentives, software licenses and maintenance.
Working closely with Sales, Legal and local Controller(s), review contracts prior to signature to ensure the most appropriate revenue treatment.
Support the quarterly revenue forecasting process in quantifying and communicating impact of revenue treatment on deferred revenues.
Proactively build relationships with sales, pricing, product management legal and contract management personnel to establish strong lines of communication and documentation flow.
Review signed agreements to determine appropriate revenue recognition based on VeriFone revenue recognition policy and US GAAP.
Prepare Revenue Recognition Checklists (RRCs) in accordance with corporate thresholds for review and approval by Revenue Director and Corporate team.
Manage monthly revenue accounting close efforts for assigned area, including assurance of accurate and timely results and preparation of auditable revenue and deferred revenue account reconciliations.
Maintain appropriate deferred revenue schedules to support recognition of revenue against agreements.
Work with local Controllers and Shared Services accounting team to prepare analytical review of revenue related accounts for reporting purposes.
Proactively build relationships with the shared service centre personnel handling the processing of transactions to ensure compliance with policies and procedures.
Work with Legal and Sales to maintain contractual documentation for assigned areas (including contracts, purchase orders, client acceptances and other documentation) required for review and audit of revenue recognition.
Assist with annual and half year VSOE analysis.
Perform technical accounting research regarding revenue recognition and write memo’s documenting conclusions and proper accounting treatment as required.
Participate in proactively identifying, assessing and implementing preventative and detective controls and process improvements and participate in compliance with all internal Sarbanes Oxley related requirements.
Reports to: Revenue Controller for the European Region
Knowledge and Skills (Qualifications)
At least 4 years professional accounting experience
1+ years of relevant revenue recognition experience including application of revenue recognition pronouncements and guidance will be an asset.
CIMA, ACCA or CA qualification will be an asset
Ability to effectively communicate to and influence very different audiences in different functions and geographic locations.
Ability to discuss issues in a technical manner both within and outside of finance.
Ability to research technical accounting issues and communicate relevant conclusions.
Strong organization skills and ability to work accurately and independently.
Ability to manage priorities and meet deadlines in a dynamic environment.
Effective problem-solving skills including the ability to recognize problems, gather data, draw valid conclusions, and effectively present information to managers, peers, and other organizations within the Company.
Experience with enterprise-wide applications and accounting systems e.g. Oracle, Hyperion Essbase and Business Objects is desirable.
Verifone is proud to be an Equal Opportunity Employer.
To apply, please visit: http://global.verifone.com/company/careers/
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