Revenue Analyst - (B3)

10 Minutes ago • 5-7 Years • $106,000 PA - $146,000 PA
Monetization

Job Description

Applied Materials is a global leader in materials engineering solutions. We are seeking a Revenue Analyst to join our team in Santa Clara, CA. This role involves partnering with various business organizations to update revenue forecasts and provide guidance on actuals. Key responsibilities include analyzing product/service offerings for proper revenue recognition, maintaining revenue cutoff procedures, and collaborating on large customer deals. The analyst will also be a crucial contributor to month-end/quarter-end revenue close, ensuring compliance with ASC 606, and supporting ad hoc projects and audit requirements. This position requires 5-7 years of accounting/finance experience and strong analytical skills.
Good To Have:
  • Experience with SAP
  • Revenue recognition experience (SAB 104, Multiple Element Arrangements, Software Revenue Recognition, Contract Accounting)
  • Knowledge of ASC 606
Must Have:
  • BS or BA degree in Business
  • 5-7 years of experience in Accounting/Finance
  • Ability to understand complex transactions and propose US GAAP compliant solutions
  • Strong written and verbal communication skills
  • Proficiency in Excel and other related tools
  • Competence in financial analysis and cross-functional collaboration
  • Proficient in extracting and manipulating data from relational databases
  • Experience in extracting and presenting data insights
  • Partner with business organizations for revenue forecast and actuals guidance
  • Analyze product/service offerings for proper revenue recognition
  • Maintain revenue cutoff procedures at quarter end
  • Collaborate with Deal Desk and sales groups on large customer deals
  • Key contributor to month-end/quarter-end revenue close, including ASC 606
  • Comprehend order-to-cash cycle and provide recommendations
  • Support ad hoc projects, systems implementation, and process improvements
  • Prepare and respond to internal and external audit inquiries
Perks:
  • Supportive work culture that encourages learning, development, and career growth
  • Empowerment to push boundaries and drive innovative solutions
  • Comprehensive benefits package for health and wellbeing
  • Programs and support for personal and professional growth
  • Participation in a bonus program (if applicable)
  • Stock award program (if applicable)

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Job ID

R2517149

Who We Are

A global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, we enable the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world.

What We Offer

Salary: $106,000.00 - $146,000.00

You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more.

At our company, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits.

We are the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. Our innovations make possible the technology shaping the future.

We are actively recruiting for a Revenue Analyst!

Responsibilities:

  • Partner with business organizations (Business Management Operation, Business Unit Controller, Order Management etc.) to update revenue forecast and provide guidance on revenue actuals
  • Analyze and understand various product/service offerings and related revenue streams to ensure proper revenue recognition
  • Maintaining revenue cutoff procedures at quarter end to ensure revenue is properly and accurately recorded for the period
  • Partner with the Deal Desk and regional sales groups to understand and correctly account for large customer deals
  • Be a key contributor to the month-end/quarter end revenue close by validating accounting for revenue under ASC 606, reviewing documents, revenue account reconciliations, and performing internal controls
  • Comprehend the order to cash cycle of products with the ability to give constructive recommendations that maximized the Company’s revenue outlook
  • Support ad hoc projects, including systems implementation, and process improvements related to revenue processes
  • Prepare materials for internal and external audit requirements and respond to audit inquiries

Requirements:

  • BS or BA in Business
  • 5-7 years of experience in Accounting / Finance
  • An ability to understand complex transactions and propose solutions to structuring issues that are compliant with our policies and US GAAP.
  • Strong written and verbal communication skills to facilitate the effective writing of internal and external documents and to facilitate decisions and achieve results.
  • Strong proficiency in using Excel or other related tools, experience with SAP preferred
  • Proven competencies in communication, financial analysis and working across functions with different levels of management to drive results
  • Revenue recognition experience preferred – SAB 104, Multiple Element Arrangements, Software Revenue Recognition, Contract Accounting and related accounting pronouncements. Knowledge of ASC 606 preferred
  • Proficient at extracting and manipulating datasets from relational databases
  • Experience extracting insights from data and presenting them to an audience
  • Confidence, good judgment, with energy and personality to work in a dynamic environment across all levels of management and geographies.

Additional Information

Time Type: Full time

Employee Type: Assignee / Regular

Travel: Not Specified

Relocation Eligible: No

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

We are an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

In addition, we endeavor to make our careers site accessible to all users. If you would like to contact us regarding accessibility of our website or need assistance completing the application process, please contact us via e-mail at AccommodationsProgram@amat.com, or by calling our HR Direct Help Line at 877-612-7547, option 1, and following the prompts to speak to an HR Advisor. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

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