Associate Director, Technical Accounting - Revenue Recognition

FactSet creates data and software solutions for tens of thousands of investment professionals around the world. For almost 40 years, through market changes and technological progress, we've maintained our focus on providing exceptional client service. Our world-class service is built on our employees' ability to engage our clients through proactive consultation on FactSet's suite of product offerings. FactSet creates an inclusive environment where all perspectives are encouraged. We bring varying backgrounds, ideas, and points of view to help our clients solve their toughest challenges in creative ways.

As the Associate Director, Technical Accounting for Revenue Recognition you will serve as a key resource, leading technical accounting consultations with the sales teams on compliance with revenue recognition guidance per ASC 606. This role will partner with the sales and legal teams to provide accounting insight during the negotiation process and with the accounting team to ensure revenue is recorded appropriately. Your responsibilities will include documenting the complexities associated with the technical accounting conclusions, circulating best practices, and maintaining critical revenue recognition accounting policies.

Job Specifications:

• Lead technical accounting consultations with the sales team during the sales negotiation process, highlighting the revenue recognition implications of proposed contractual language.
• Provide guidance on best practices to the sales team for structuring contractual terms and conditions to ensure the expectation of the sales opportunity aligns with revenue recognition criteria.
• Read and interpret complex sales contracts and identify relevant issues to determine appropriate accounting treatment in accordance with ASC 606.
• Research, document, justify and present revenue recognition conclusions associated with complex sales contracts.
• Work closely with the corporate accounting team to ensure revenue is properly recognized.
• Refresh corporate revenue policies to address trends noted in sales negotiations or updated FASB guidelines or SEC reporting requirements.
• Provide ongoing training to cross-functional organization members.

Requirements:

• Degree in Accounting
• Big 4 accounting firm experience
• Expertise in revenue recognition technical accounting research working with a publicly traded company.
• Strong technical knowledge and thorough understanding of revenue recognition guidelines in ASC 606.
• Excellent written and verbal communication skills with the ability to present and articulate complex financial analysis in a clear and concise manner to a variety of audiences.
• Demonstrated ability to work independently and manage multiple priorities in a fast-paced environment, with ability to bring assigned tasks to resolution.
• Strategic thinker with strong leadership skills and the ability to problem-solve and drive change.
• Strong interpersonal skills with the ability to build relationships and work in a highly collaborative environment.

Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

The budgeted amount range for this position in the State of Connecticut and New York City is $140,000 - $175,000.

What’s In It For You:

• Flexible work accommodations. Choose to work remotely, in person, or in a hybrid set-up.
• The opportunity to join a growing firm with a proven track record of success for over 40 years, made up of thoughtful, innovative minds that value collaboration and welcome your new ideas to the table
• Mentorship and growth opportunities from senior employees
• Career progression planning and a focus on career development, complete with dedicated time each month for conference attendance, online learning seminars, and networking
• A robust social community dedicated to volunteerism, intramural sports, and team-building events
• Business resource groups that align with our DE&I strategy, designed to cultivate an inclusive environment for all

Learn more about our benefits here.

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Company Overview:

FactSet Research Systems Inc. is a global provider of integrated financial information, analytical applications and industry-leadi