Revenue Recognition Accountant

Medidata Solutions New York , NY 10007

Posted 1 week ago

Medidata is leading the digital transformation of life sciences with the world's most-used platform for clinical development, commercial and real-world data. Powered by artificial intelligence and delivered by #1 ranked industry experts, the Intelligent Platform for Life Sciences helps pharmaceutical, biotech, medical device companies and academic researchers accelerate value, minimize risk and optimize outcomes. Medidata serves more than 1,000 customers and partners worldwide and empowers more than 100,000 certified users every day to create hope for millions of patients. Discover the future of life sciences: www.mdsol.com

We know that diverse teams win and are fully committed to selecting leaders and employees that represent the markets in which we operate. We are still led by our Co-founders, Tarek Sherif and Glen de Vries, and have global operations in US, Europe and Asia with over 2000 employees.

Your Mission:

The Revenue Accountant plays a critical role in positioning Medidata as a leader of best-in-class accounting practices and processes. The Revenue Accountant manages multiple revenue functions as well as provides meaningful insight into accounting treatment for complex contracts. This position requires a person with impeccable attention to detail who is comfortable managing a variety of functions while providing a high level of value to our partners across the business

  • Analyze customer contracts to identify complex provisions and advise on appropriate treatment under ASC 606

  • Partner with the Commercial Accounting and Sales functions to optimize contract structure under ASC 606

  • Manage monthly and quarterly revenue close process including monitoring, review, and analysis of revenue activity

  • Reconcile and review Deferred Revenue and prepare required adjusting entries

  • Manage accounting related to incremental costs of obtaining contracts, including variable sales compensation

  • Perform technical accounting research and prepare documentation around complex revenue recognition accounting issues

  • Assist in compliance and maintenance of Sarbanes Oxley requirements

  • Review and support all revenue recognition disclosures in all SEC filings.

  • Ensure compliance with key controls and accurate GAAP reporting and fulfill internal and external reporting requirements, including the external audit

Your Competencies:

  • Strong technical accounting skills and exposure to revenue recognition rules under U.S. GAAP (mastery of revenue recognition not required)

  • Impeccable attention to detail, strong analytical skills, and ability to multi-task on a variety of complex projects

  • Experience in researching accounting literature to resolve complex U.S. GAAP technical issues, with the ability to communicate findings and conclusions to financial and non-financial personnel

Your Education & Experience:

  • Bachelor's degree required in Accounting or Finance

  • 1-2 years public accounting audit experience (or 2-4 years of a mix of public and private experience) with a focus on revenue recognition

  • Experience at a global SaaS company preferred or enterprise software company with many multiple element arrangements preferred

  • CPA or CPA candidate strongly preferred

Medidata is making a real difference in the lives of patients everywhere by accelerating critical drug and medical device development, enabling life-saving drugs and medical devices to get to market faster. Our products sit at the convergence of the Technology and Life Sciences industries, one of most exciting areas for global innovation. Nine of the top 10 best-selling drugs in 2017 were developed on the Medidata platform.

Medidata's solutions have powered over 14,000 clinical trials giving us the largest collection of clinical trial data in the world. With this asset, we pioneer innovative, advanced applications and intelligent data analytics, bringing an unmatched level of quality and efficiency to clinical trials enabling treatments to reach waiting patients sooner.

Medidata Solutions, Inc. is an Equal Opportunity Employer. Medidata Solutions provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by the law. Medidata Solutions complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities.

#LI-LS1


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