Revenue Technical Accounting Principal

Company Description

At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.

As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.

Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.

Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.

Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.

Job Description

Opportunity:

The Revenue Technical Accounting Principal plays a critical role in achieving our overall objective of delivering best-in-class financial reporting based on best-in-class processes, tools and building strong and agile teams that display the highest level of integrity and character. The Company’s operations have grown significantly over the past several years, especially in its leasing business, and with it, the level of complexity we are facing. The Revenue Technical Accounting Principal will own the revenue and lease accounting policy, accounting for non-routine revenue and lease accounting transactions, and be an integrated team member of the revenue accounting organization.

This role offers a great opportunity to showcase and develop your strong revenue recognition skills along with your operational skills by working closely with cross-functional departments of the Company. This will allow you to develop a broad and deep understanding of the Company’s business and operations that are essential for strong career development and personal growth.

At Intuitive, you will share in a commitment to excellence by collaborating with world-class managers and executive leadership. We are looking for leaders that can take on additional responsibility as they progress in their career and we are committed to providing an environment that fosters career growth and development. We look to hire quality individuals with integrity, high capacity for growth, personal accountability, teamwork, and drive.

If you exemplify our values and want to be part of our interesting journey in the world of robotic-assisted surgery, this is the role for you.

Primary Roles and Responsibilities:

The Revenue Technical Accounting Principal plays a critical role in ensuring that we deliver the highest quality financial reporting in analyzing and assessing the accounting implications of contracts that we enter into when we sell or lease products.

The Revenue Technical Accounting Principal is responsible for, together with the overall revenue team, ensuring that the entire contract lifecycle, from drafting our contracts to shipping our products and billing, is executed effectively. This is done through effective coordination with the global Contracts team, Customer Finance, Sales Organizations, Accounts Receivable Department, Order Management, Logistics, FP&A, and the Executive Team.

This position has responsibility for the following:

• Own the Company revenue accounting and related policy to ensure it is effective, adhered to, and up-to-date with U.S. GAAP, and that the Company is compliant with all applicable rules, regulations, and laws.
• Conduct research on accounting literature and partner with key functional business teams to collection information pertaining to non-routine complex revenue and lease accounting transactions. Prepare technical accounting memos on these transactions.
• Work closely with our auditors to drive conclusions on complex accounting issues. Build a strong and effective professional relationship with our external auditors to ensure effective coordination of quarter-end review and year-end audit activities.
• Assist with the timely execution and review of month-end and quarter-end close activities (including, but not limited to: deal review, account reconciliation, analysi