At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
This person will join a cohesive team whose environment thrives on collaboration across geographies and departments within the broader Quote-to-Cash team of a publicly-traded software company with $5.0B+ in annual revenues. Responsibilities include:
- Reviewing software license, hardware, and services contracts and determining the most appropriate revenue accounting per relevant authoritative literature (e.g. ASC 606, ASC 842) and internal revenue recognition policies
- Preparing contract memos highlighting key arrangement components and the five steps required for revenue recognition under ASC 606
- Preparing analytical reports pertaining to revenue-related accounts on a recurring and ad hoc basis
- Participating in quarterly reviews and annual audits conducted by internal and external auditors, including SOX 404 requirements
- Performing quarter-end close activities, including posting journal entries, performing account reconciliations, and executing daily revenue transactions to ensure revenue is properly captured in the financial system
- Contributing to or driving special projects as needed
Position Requirements:
- 5-6 years of industry and/or public accounting (Big 4) experience
- High degree of ethics; meticulous attention to detail
- Strong knowledge of ASC 606 and related guidance
- BS in Accounting, Finance, or related field
- Proficiency with Microsoft Excel
- Excellent written and verbal communication skills
- Strong analytical and critical thinking skills; ability to gather and evaluate information and formulate conclusions
- Ability to work and communicate effectively with cross functional team
- Ability to work on own initiative
Desirable Qualifications:
- Certified Public Accountant
- Experience with SAP
- Strong knowledge of ASC 842
- Ability and desire to use AI and other tools to improve processes
The annual salary range for California is $126,000 to $234,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.