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:
VIAVI (NASDAQ: VIAV) has a 100+ year history of technical innovations that have evolved to keep pace and address our customer’s most pressing business issues. We make equipment, software, and systems that help to plan, deploy, certify, monitor, and optimize all kinds of networks - like those for mobile phones, service providers, large businesses and data centers. VIAVI is also a leader in high performance thin film optical coatings and engineered diffusers, providing light management solutions to anti-counterfeiting, consumer electronics, automotive, defense and instrumentation markets. We are the people behind the products that help keep the world connected – at home, school, work, at play, and everywhere in between. VIAVI employees are fierce about supporting customer success and we welcome people who bring their best every day to the company - to question, to collaborate and to push for solutions that will delight our customers.
Location : Pune
Description - Internal
• Monitor and maintain the Product Pricing and Fair Value analysis for Revenue Recognition
• Perform Data Collection and Transfer Accounting activities between Oracle and RevPro
• 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.
• Must be an advanced user of Excel (pivot tables, vlookups, filtering, deduplication) 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 Preferred
Qualifications:
• Public company or Big 4 experience preferred
• CPA/CA/CWA or equivalent a strong plus
• Oracle and Hyperion experience highly desired
• RevPro experience a plus If you have what it takes to push boundaries and seize opportunities, apply to join our team today. VIAVI Solutions is an equal opportunity and affirmative action employer – minorities/ females/ veterans/ persons with disabilities
Pre-Requisites / Skills / Experience Requirements:
