Lead Accountant-Revenue Recognition

Company Overview

Job Overview

Come join Intuit's Accounting organization as a Revenue Recognition Lead. We are looking for creative problem solvers with a passion for innovation to join our team and revolutionize the way the world does business. This is a Revenue Recognition Lead within the Accounting organization. Position is located in San Diego, CA. This leader is primarily responsible for ensuring the accounting and operations functions are working accurately and efficiently, as well as are aligned to our policies for revenue recognition.

As an individual contributor, responsibilities include working with the business unit marketers, product managers, Finance, and IT teams to understand business strategy, systems roadmaps, and end-to-end offering requirements in order to provide technical revenue guidance and ensure proper systemic and manual revenue accounting. This is a highly visible and exciting role in the Finance controllership group in service to accurate revenue recognition and financial statements while supporting Intuit’s overall growth.

The ideal candidate will have the ability to collaborate and lead across multiple functions and roles, ability to translate technical literature and accounting/company policy into clear requirements for execution, strong change management skills, and ability to drive issues through to resolution.

Responsibilities

• Understand the end-to-end operational, financial, and systemic environment and key upstream and downstream processes that drive financial and customer impacts. Drive strategy to support revenue recognition, new offerings, and business changes.
• Develop, maintain, and enforce the Company's revenue recognition policy under ASC 606, developing new positions and interpretations as needed. Stay connected to current business and offering strategies.
• Perform technical accounting research.
• Clearly articulate point of view regarding revenue issues. Use strong communication skills to inspire confidence in decisions and provide transparency as to status and trade-offs, with the ability to bridge between accounting, technical, and business mindsets with ease.
• Stay current on evolving Accounting Standards pronouncements and updates under prevailing regulatory bodies (FASB, SEC), incorporating into Company policy as necessary.
• Apply professional skepticism and an inquisitive approach to review and analyze the appropriateness and reasonableness of underlying revenue accounting principles.
• Establish and maintain controls necessary to ensure that revenue forecasts, deferred revenue balances, and revenue accounting execution are compliant with Company policy and GAAP.
• Proactively lead and influence cross-functionally and at all levels of management. Cultivate strong relationships with leaders in Accounting, Finance, and across the business in order to facilitate timely, high-quality decision-making in connection with revenue recognition matters.
• Develop training and outreach programs and deliver this training to business unit and functional team leaders.
• Work comfortably with cross functional teams and actively consult with product management, sales, and marketing personnel to ensure revenue recognition timing and process implications are understood for each offering.
• Ensure the proper accounting treatment for all product and service offerings is documented and that related accounts are properly prepared, reviewed, and substantiated.
• Streamline systems and reporting tools to ensure efficient and accurate recording and classification of revenue.
• Participate in revenue recognition due diligence activities related to potential acquisitions.

Qualifications

• Bachelors’ degree in Finance/Accounting with minimum of 5 years’ post-graduate experience, or equivalent work experience; CPA/MBA highly desirable.
• Strong technical accounting and revenue knowledge for financial statements and internal controls over financial reporting. Demonstrated understanding of theory and application of relevant revenue recognition accounting literature.
• Strong end-to-end process orientation with demonstrated analytical thinking, project management, and problem-solving skills. Proactively address issues, own the outcome, and continuously strive for best in class processes and deliverables.
• Strong interpersonal skills. Confidence, good judgment, and personality to work in a dynamic, multi-business unit environment. Demonstrated ability to influence cross-functionally and at all levels of management.
• Excellent analytical and organizational skills, time prioritization, and risk assessment.
• Professional skepticism and a testing/validation mindset. Background in public accounting or internal audit is a plus.
• Excellent written and verbal communications, presentation and influencing skills, including the ability to elevate issues to the right level internally and externally to resolve. Ability to clearly articulate a point of view and adjust communication style and content to suit audience needs.
• Strong PC, worksheet, and word processing skills. Working knowledge of Oracle R12, Siebel/BRM, and Business Objects a plus.