Revenue Recognition Specialist
Job Summary
Job Description
The Revenue Recognition Specialist is responsible for managing and recording Dun & Bradstreet's revenue transactions in compliance with accounting standards and policies. This role involves partnering with various stakeholders, reviewing contracts and supporting documentation, and analyzing financial data to ensure revenue recognition aligns with GAAP/IFRS. The specialist will also assist with audits and financial reporting, providing insights and recommendations to drive financial results. The position requires detailed reviews of Master Agreements and Contracts to ensure proper revenue recording and policy compliance.
Must have:
- Review Master Agreements and Contracts
- Partner with Sales, Product, Legal
- Analyze revenue recognition treatment
- Assist with audits and compliance
- Strong analytical and problem-solving skills
- Proficiency in Microsoft Office Suite (Excel advanced)
Good to have:
- MBA, Bachelor degree in Accounting/Finance or Qualified Chartered Accountant
- 2+ years revenue compliance and ASC 606 experience
9 skills required
Job Details
Why We Work at Dun & Bradstreet
Dun & Bradstreet combines global data and local expertise to help clients make smarter decisions. With 6,000+ people in 31 countries, we are a team of diverse thinkers and problem solvers who all share a common curiosity: to find new ways to turn data into value. If you share this curiosity and want to be part of a future-ready company, come join us! Learn more at dnb.com/careers.
The Revenue recognition specialist is responsible for managing and recording D&B’s revenue transactions in compliance with accounting standards and policies. This role involves partnering with different stakeholders, reviewing contracts and supporting documentation, analyzing financial data, ensuring revenue recognition aligns with GAAP/IFRS, and assisting with audits and financial reporting.
Key Responsibilities:
- Perform detailed reviews/analysis of Master Agreements and Contracts to ensure that revenue is properly recorded, and documentation is in compliance with policy.
- Lead/participate in discussions with Sales, Segment/Product Leaders, Relationship Managers/Specialists and HQ departments in regard to contracts, recommending solutions to ensure product offerings, pricing, terms, variances, etc. are structured to the mutual advantage of customer and D&B.
- Perform analysis on products to evidence/support the appropriateness of revenue recognition treatment.
- Participate on projects from inception to conclusion with minimal guidance and provide insight into actionable financial information that is used to drive financial results. Provide assessment of issues, perspective on results and recommendations.
- Assist Senior Accountant for all audit and compliance works
- Additional duties as assigned.
Key Requirements:
- MBA, Bachelor degree in Accounting/Finance or Qualified Chartered Accountant preferred
- 2+ years financial and accounting experience
- 2+ years revenue compliance and ASC 606 revenue recognition experience preferred
- Experience in reviewing Contracts and Master Agreements which are multi-element and at times complex
- In-depth experience working in partnership with business departments such as sales, product, legal etc.
- Strong analytical skills, critical thinking and problem-solving skills, while attention to process and detail.
- Strong communication and interpersonal skills with the ability to interact collaboratively cross functions and all levels
- Proficiency in Microsoft Office Suite skills, especially advanced level in EXCEL.
- Show an ownership mindset in everything you do. Be a problem solver, be curious and be inspired to take action. Be proactive, seek ways to collaborate and connect with people and teams in support of driving success.
- Continuous growth mindset, keep learning through social experiences and relationships with stakeholders, experts, colleagues and mentors as well as widen and broaden your competencies through structural courses and programs.
All Dun & Bradstreet job postings can be found at https://www.dnb.com/about-us/careers-and-people/joblistings.html and https://jobs.lever.co/dnb. Official communication from Dun & Bradstreet will come from an email address ending in @dnb.com.
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