Senior Revenue Recognition Analyst
Western DigitalAbout the role
Company Description
At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.
At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.
We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.
Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.
We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.
Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.
Job Description
Western Digital is seeking for a Senior Revenue Recognition Analyst to join our Revenue Accounting Team. This position will be responsible for revenue accounting activities including reviewing and assessing revenue contracts, analyzing and documenting revenue transactions, performing monthly revenue accounting close and supporting internal and external audits and reviews. The Sr. Revenue Recognition Analyst will get exposure to a wide range of business activities and interact across geographies with cross functions. This role requires a highly motivated and experienced accounting professional with a track record of success in global revenue operations. This role will partner with other business functions on projects, lead corporate initiatives towards process improvement and supporting transformational projects to achieve best in class results. This individual must possess the ability to successfully interact with, influence, coordinate both a geographically and culturally diverse set of financial team members.
Job Responsibilities:
- Review and assess sales contracts, PO terms and conditions and non-standard transactions for revenue recognition implication under ASC 606; document revenue recognition analysis and provide guidance to internal revenue team and cross functions
- Perform technical research and analysis for significant revenue arrangements and write technical memos supporting the accounting position
- Collaborate within revenue team and cross-functionally with Sales, Sales Ops, BU Finance, Product Management, Legal and Field Application Engineering to review and analyze issues around revenue recognition and advise revenue treatment
- Perform various monthly and quarterly revenue close tasks, including validating but not limiting to product return reserves, qualifications sales, ecommerce loyalty, rebate programs, posting revenue journal entries and preparing deferral revenue and refund liability reconciliations
- Assist to establish and maintain ASC 606 revenue recognition policies and procedures to ensure US GAAP compliance and strong internal controls
- Collaborate with other functional business units to perform quarterly revenue analytics
- Design, implement and maintain effective key accounting processes, policies, and internal controls; Evaluate and recommend best practices for close optimization and process improvement opportunities.
- Maintain SOX control compliance for revenue related controls
- Coordinate the audit requests in support of internal management and external audit to ensure that all revenue PBC deliverables are properly completed
- Lead or assist with ad-hoc projects as needed and drive projects to successful completion
Qualifications
- 6+ years of combined experience in Big 4 audit and corporate revenue accounting in technology industry
- Bachelor’s Degree in accounting or finance
- ASC 606 revenue recognition experience required
- Strong verbal and writing communication (including technical memo writing) and analytical skills
- CPA preferred
- Experience in SAP and Oracle Cloud
- Proficient in Power BI preferred
- Strong skills on Microsoft Excel, Word & PowerPoint
Additional Information
Western Digital is committed to providing equal opportunities to all applicants and employees and will not discriminate against any applicant or employee based on their race, color, ancestry, religion (includ
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