Revenue Accountant

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality.

Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace industrial and health.

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

Job Responsibilities: Review and analyze sales transactions and legal contracts in accordance with Software, Hardware, IP and MEA revenue recognition rules. Gathering of delivery evidence and checking for delivery. Preparation of specific documentation and scheduling revenue in RAR. Updating appropriate reports.

• Liaise closely with Cadence internal organizations including Sales finance and provide accurate and timely guidance on complex Revenue Recognition issues.
• Work cross functionally with internal departments to resolve and clarify potential contractual issues (OM, product reporting, credit team, sales finance)
• Participate and help to co-ordinate Quarterly and Year end close activities. Also liaising with our US Team in completion of various quarter end and post-quarter-end processes and reports.
• Work with the Internal Audit group to ensure the revenue group is SOX compliant. Quarterly SOX signed off for PPM certification.
• Participate in quarterly revenue reviews with external independent auditors.
• Work with the internal Controller and External Auditors group on Annual Statutory audits
• Ensure all processes are in accordance with and adhere to corporate policies
• Participate in rotation of weekly and quarterly team tasks
• Participate in peer review and consultation of contracts managed by other team members
• Participating in World-Wide RA Team meetings (training, knowledge sharing, etc), also at times preparation of training materials if required
• Review, preparation and posting of Journal Entries when required
• Participation in process review meetings, suggesting improvements to existing processes, finding new ways of performing tasks more efficiently

Job Qualifications:

• University Degree/ Part Qualified/ Qualified Accountant
• Experience working in Finance Team
• Fluent English
• Excellent communication and interpersonal skills
• Excellent attention to detail
• Strong analytical skills; able to gather facts, evaluate alternatives and reach conclusions
• Ability to deliver to immovable deadlines
• Ability to handle multiple competing priorities

Additional Skills/Preferences:

• Proficient in MS Word/ Excel
• Knowledge of SAP/ RAR would be an advantage
• Basic knowledge of Excel formulas and feeling comfortable working with Pivots (reading and analysis data, drawing conclusions from data, spotting potential issues or discrepancies), analytical skills
• Very good attention to detail (Contract Reviews/ Peer reviews of deals booked/ Review of Reports)
• Positive attitude in receiving on a job feedback from your Manager, Peers and other Business Partners
• Positive attitude in giving on a job feedback to your Peers and Business Partners when required
• Good prioritization of tasks, especially during busy periods like Quarter Ends / Year End/ Quarterly Revenue Audit/ Statutory Audits
• At times will require to work with other cross functional team members in gaining better understanding of contracts/ processes

Additional Information:

Cadence is committed to equal employment opportunity and employment equity throughout all levels of the organization. We strive to attract a qualified and diverse candidate pool and encourage diversity and inclusion in the workplace.

Travel: >10%

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