Summary:
Implements controls and evaluates actions required for compliance with the company’s revenue recognition accounting process, including the bookings and billings process. Performs regular and special analysis (such as reviews of organizational billing practices) to ensure invoice accuracy and proper revenue recognition. Analyzes third party payments and verifies compliance with contractual terms, fee schedules, or other formal agreements. Completes all required month-end close activities including revenue reconciliation and management reporting. May work with legal and sales personnel in reviewing revenue contracts to ensure adherence to company policies and resolves any revenue issues. Follows control procedures and interacts with audit or other functions in the approval of product discount pricing, vendor-specific objective evidence studies and significance analysis to ensure compliance with company policy and proper revenue recording.Duties & Responsibilities:
Summary:
Implements controls and evaluates actions required for compliance with the company’s revenue recognition accounting process, including the bookings and billings process. Completes all required month-end close activities including revenue reconciliation and management reporting. Work with legal and sales personnel in reviewing revenue contracts to ensure adherence to company policies and resolves any revenue issues. Follows control procedures and interacts with audit or other functions in the approval of non-standard contractual terms, including discounts, additional performance obligations, and future commitments. Performs significant analysis to ensure compliance with company policy and proper revenue recording.
Job Description:
- Coordinate with various process owners to obtain supporting documents for revenue transactions
- Responsible for reviewing revenue transactions and preparing revenue packages
- Responsible for providing technical assistance to regional controllers on revenue accounting and implications of non-standard contractual terms
- Advise other organizations regarding revenue recognition issues
- Ensure revenue accounting policies are documented and applied consistently on a worldwide basis
- Participate in and/or lead company-wide projects that impact revenue accounting and analysis
- Undertake various quarter-end and year-end review tasks during the close process
- Maintain SOX compliance for all revenue related controls
- Maintain deferred revenue and deferred cogs and responsible for monthly closing activities
- In depth knowledge of ASC 606.
Qualifications
- Bachelor’s in finance, Accounting or related discipline
- 5+ years of experience with at least 2 years revenue recognition experience.
- Must be an advanced user of Excel (pivot tables, vlookups, xlookups, filtering) and other Microsoft Office products.
- Must be able to work in a high paced team environment
- Must be willing to learn and "can do" attitude
- Must be proactive and a team player
- Must be detail oriented
- Must be able to independently work on ad hoc projects
Preferred Qualifications:
- Public company or Big 4 experience preferred
- CPA/CA/CMA or equivalent a strong plus
Pre-Requisites / Skills / Experience Requirements:
Skills Required
- Bachelor's degree in Finance, Accounting, or a related discipline
- 5+ years of professional experience
- At least 2 years of revenue recognition experience
- Advanced Microsoft Excel skills, including pivot tables, VLOOKUPs, XLOOKUPs, and filtering
- Proficiency with other Microsoft Office products
- Ability to work in a fast-paced team environment
- Willingness to learn and a can-do attitude
- Proactive and team-oriented approach
- Strong attention to detail
- Ability to work independently on ad hoc projects
- Public company or Big Four experience
- CPA, CA, CMA, or equivalent certification
VIAVI Solutions Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about VIAVI Solutions and has not been reviewed or approved by VIAVI Solutions.
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Leave & Time Off Breadth — Time off options are described as generous, including paid time off with flexible scheduling and work-from-home arrangements. Feedback suggests some teams implement unlimited or discretionary PTO and respect balance through flexible start times.
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Healthcare Strength — Health coverage is portrayed as comprehensive, spanning medical, dental, vision, life, disability, wellness initiatives, annual health exams, and emergency medical coverage for travel. Strong medical allowances and an employee assistance program further reinforce perceived coverage depth.
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Strong & Reliable Incentives — Incentive programs are highlighted through variable pay and bonus structures that can augment base pay. Feedback suggests twice-yearly bonuses may occur when company performance supports it.
VIAVI Solutions Insights
What We Do
VIAVI Solutions (NASDAQ: VIAV) is a global leader in both network and service enablement and optical security performance products and solutions. Our technologies contribute to the success of a wide range of customers – from the world’s largest mobile operators and governmental entities to enterprise network and application providers to contractors laying the fiber and building the towers that keep us connected
