Revenue Recognition Center of Excellence (COE) Specialist

Eaton CorporationBeachwood, OH
$113,000 - $165,000Hybrid

About The Position

We are currently seeking a Specialist Revenue Recognition Center of Excellence (COE). This position is based at our North American HQ in Beachwood, OH with hybrid work available. Position Overview: The Revenue Recognition COE Specialist ensures accurate US GAAP (ASC 606) revenue recognition for organizational arrangements. This role handles complex revenue accounting, including contract review, monthly close, and journal entries, while maintaining compliance with company policies and SOX controls and supporting process and system improvements. You will work closely with the CoE leadership, Finance, and IT to maintain accurate revenue reporting and assist with automation initiatives.

Requirements

  • Bachelor’s degree from an accredited institution required.
  • Minimum 5 years of progressive accounting experience, including public accounting or accounting corporate roles.
  • Must be able to work in the United States without corporate sponsorship now and within the future.
  • Working knowledge of ASC 606 principles and application; strong technical accounting skills.
  • Strong analytical and problem-solving skills.
  • Ability to communicate complex accounting concepts in clear, business-friendly language.
  • Advanced proficiency in Excel and ERP systems (SAP, Oracle) and revenue automation tools.
  • Advanced proficiency with visualization tools (Power BI, Tableau) and process automation.
  • Attention to detail.
  • Ability to manage multiple priorities in a fast-paced environment.

Nice To Haves

  • Masters degree.
  • CPA or equivalent

Responsibilities

  • Support Senior Analysts with preparing and posting revenue-related journal entries in compliance with ASC 606.
  • Perform contract review and identify performance obligations for standard and non-standard arrangements.
  • Calculate and allocate transaction price, including SSP analysis and variable consideration estimates.
  • Partner with the business and operations finance teams to determine percent complete/milestones and project margins to ensure accurately and timely recognition.
  • Reconcile revenue subledger to the general ledger and investigate variances.
  • Support monthly and quarterly close activities, ensuring accuracy and timeliness.
  • Maintain documentation for SOX controls and assist in audit requests.
  • Ensure adherence to company revenue recognition policies and procedures.

Benefits

  • Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service