This position assists management in accurate revenue reporting and deal review which accomplishes customer objectives while yielding desired economics and accounting outcomes.
Work closely with Management in reviewing significant sales contracts to reduce contract related issues to ensure proper revenue recognition.
Review and document multi-element sales contracts to support compliance with applicable authoritative literature and reduce contract related issues to ensure proper revenue recognition.
Generate complex excel based relative sales value allocation and compute applicable revenue and deferred revenue.
Prepare and update weekly/monthly/annual schedules, revenue and deferred revenue journal entries, monthly reconciliations and reporting.
Analyze and understand various service/product offerings and revenue streams to ensure proper revenue recognition and maintain processes and procedures for accurate and timely revenue recognition.
Support special projects as requested including assisting implementation and maintenance of the Revenue Management System.
Prepare Ad hoc reporting as required.
Bachelor's Degree in Accounting/Finance
2-4 years' experience in Software/Technology industry or corporate experience in a similar role with relevant revenue exposure
Working knowledge of United States Generally Accepted Accounting Principles (US-GAAP), including ASC 606 Revenue
From Contracts with Customers a plus. Strong communication (written and oral) and organizational skills
Detail oriented with excellent analytical skills and interest in identifying and fixing problems.
Ability to draw conclusions, recommend and implement changes to improve processes to mitigate risk
Ability to work independently with minimal direction from management
Advanced Excel skills (Pivot tables, V-look-up)
Self-motivated with the ability to multi-task and work in a dynamic fast-paced environment to meet deadlines
Ability to effectively use accounting knowledge to collaborate with varying levels of employees and management to drive sound business decisions
Might be in a stationary position for a considerable time (sitting and/or standing).
The person in this position needs to move about inside the office to access file cabinets, office machinery, etc.
Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
Must be able to collaborate with colleagues via face to face, conference calls, and online meetings.
Houghton Mifflin Harcourt (NASDAQ:HMHC) is a global learning company dedicated to changing people's lives by fostering passionate, curious learners. As a leading provider of pre-K12 education content, services, and cutting-edge technology solutions across a variety of media, HMH enables learning in a changing landscape. HMH is uniquely positioned to create engaging and effective educational content and experiences from early childhood to beyond the classroom. HMH serves more than 50 million students in over 150 countries worldwide, while its award-winning children's books, novels, non-fiction, and reference titles are enjoyed by readers throughout the world.
For more information, visit http://careers.hmhco.com
Houghton Mifflin Harcourt is an equal employment opportunity employer and participates in E-Verify. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of gender, race/ethnicity, gender identity, sexual orientation, protected veteran status, disability, or other protected group status.
Houghton Mifflin Co