Global Revenue Recognition Specialist
At CoreX, we are seeking a detail-oriented and experienced Global Revenue Recognition Specialist to join our Finance and Accounting team. This role will be responsible for overseeing and executing revenue recognition processes, supporting global revenue operations, and ensuring accurate invoicing processes are executed efficiently.
The ideal candidate will thrive in a fast-paced, international environment and bring a strong understanding of professional services and subscription-based revenue models.
We’re looking for someone with strong expertise in US GAAP and hands-on experience with revenue recognition, including a deep understanding of ASC 606.
Key Responsibilities :
- Ensure accurate and timely revenue recognition in accordance with ASC 606 and company policies.
- Review and interpret customer contracts to determine appropriate revenue treatment.
- Partner with external local accountants to ensure proper US GAAP and local GAAP treatments of transactions.
- Manage the end-to-end Order-to-Cash process with internal and external accountants. Reviewing and approving transactions to ensure proper accounting treatments and billing requirements are fulfilled, thereby facilitating the timely receipt of payments.
- Manage project accounting within NetSuite and the ServiceNow Project Management system.
- Reconciling projects for proper classification of Revenue, Deferred Revenue, and Unbilled Revenue on a monthly basis by subsidiary.
- Manage monthly Intercompany Transfer Pricing chargebacks between subsidiaries, ensuring each subsidiary properly recognizes and invoices for Intercompany revenue and expenses.
- Perform monthly revenue close procedures, including reconciliations and flux analysis.
- Partner with cross-functional teams (Sales, Project Managers, Accounting, etc.) to assess and document revenue-related terms.
- Calculate Sales Commissions on a monthly basis, ensuring proper calculations and submissions to local payroll personnel.
- Assist in the development and enhancement of global revenue accounting policies and procedures.
- Work with international teams to align global revenue accounting practices.
- Support the implementation and optimization of financial systems (e.g., NetSuite, ServiceNow, HubSpot).
- Support external audits for revenue and billing testing.
Qualifications & Skills :
Bachelor’s degree in accounting, finance, or a related field.5-8 years of relevant experience in revenue accounting; private equity entities are ideal.Bilingual : English and SpanishIn-depth knowledge of ACS 606 and global revenue standards.Strong understanding of Deferred Revenue and Unbilled Revenue classifications.Strong systems knowledge, including NetSuite ERP revenue recognition software.Understanding of foreign currency transactions and global tax / VAT compliance.Experience with multinational operations and foreign currency considerations.Understanding of Intercompany Transfer Pricing processes and local compliance requirements.Excellent analytical, organizational, and communication skills.Ability to work independently and manage multiple priorities in a fast-paced environment.Preferred Experience :
NetSuite Revenue Recognition Software.Experience within a global professional services industry.Prior experience working in a high-growth, global environment.Benefits :
Competitive compensation packagePerformance BonusHealth insuranceGenerous Paid Time OffBirthday Day OffExtended Parental LeaveCareer growth opportunitiesWellness ProgramsAbout CoreX
At CoreX, we’re on a mission to empower customers to harness the power of ServiceNow, unlocking trapped value in their Business Operations – from Customers and Suppliers to Finance, Supply Chain, and Procurement orgs. Powered by ServiceNow since 2009, we’re building a best-of-the-best ecosystem team and uniting talented professionals who want to be part of something special.