Job Description Summary

The Senior Analyst, Revenue Accounting, reporting to the Associate Director, Revenue Recognition & General Accounting, is responsible for the accurate and timely recognition and reporting of instrument sales and placements. Key duties include managing and coordinating the reconciliation and analysis of customer revenue accounts, interpreting contracts, and providing lease classification guidance to the contracts, finance, marketing, and sales teams. This guidance supports budgeting and forecasting, decision-making during deal negotiations, and final lease classification and revenue allocation post-deal execution. The role also involves utilizing BOT output files for the revenue recognition software, maintaining revenue recognition files and Stand-Alone Selling Prices, and interacting with external auditors and other internal groups. Additionally, the Senior Analyst supports the finance and accounting teams with various schedules and analyses, including account reconciliations, serves as a subject matter expert for ASC 606 and ASC 842, and provides training and coaching.

Job Description

We are the makers of possible 

 

BD is one of the largest global medical technology companies in the world. Advancing the world of health™ is our Purpose, and it’s no small feat. It takes the imagination and passion of all of us—from design and engineering to the manufacturing and marketing of our billions of MedTech products per year—to look at the impossible and find transformative solutions that turn dreams into possibilities. 

 

We believe that the human element, across our global teams, is what allows us to continually evolve. Join us and discover an environment in which you’ll be supported to learn, grow and become your best self. Become a maker of possible with us. 

*** This position would require an external candidate to relocate to our Sparks, MD location.

***Will consider current internal BD candidates at any U.S BD locations without requiring relocation to Sparks, MD.

Responsibilities:

• Perform revenue recognition for customer contracts in accordance with Uniform Internal/External Agreement on Revenue Recognition Treatments under ASC 606 and ASC 842

• Manage workload against deadlines

• Co-manage BOT processes and utilize outputs

• Be a power user of the revenue recognition software and perform, with little guidance, activities including scheduling, sample selection, procedures surrounding system testing, and upgrades in coordination with the Systems Lead for the revenue recognition software as needed

• Interact with Contracts and Marketing teams regularly for the development of revenue recognition analysis, budgeting and forecasting of 606/842 impact, and ad hoc analysis

• Complete journal entries as needed to correct or adjust financials

• Coordinate and complete analysis of revenue and COGS actual results

• Create and Review Account Reconciliations, Stand-Alone Selling Prices, and monthly reporting

• Participate in projects, audits, and presentations as needed

Qualifications:

• BS Degree in Accounting or related field is required

• Minimum of 5 years of experience in Accounting/Finance function or combination of education and experience if CPA obtained

• Preferred CPA certification and/or MBA

• Highly preferred direct exposure to Revenue Recognition and Lease Accounting Rules and Regulations

• This position would require an external candidate to relocate to our Sparks, MD location.

Required Skills:

• Advance Microsoft Office (Excel/PowerPoint) skills required

• U.S. GAAP literate with working knowledge of ASC 606 and ASC 842 required.

• Excellent Communication Skills

• SAP and Salesforce.com Experience a plus

• Strong analytical skills with attention to detail and quality

• Out of the box thinker / Global view oriented for problem solving and continuous improvement

• Independent and proactive

• Assertive

For certain roles at BD, employment is contingent upon the Company’s receipt of sufficient proof that you are fully vaccinated against COVID-19. In some locations, testing for COVID-19 may be available and/or required. Consistent with BD’s Workplace Accommodations Policy, requests for accommodation will be considered pursuant to applicable law.

Why Join Us?

A career at BD means being part of a team that values your opinions and contributions and that encourages you to bring your authentic self to work.