Overview
This is an accounting role as a Senior Accountant on the Revenue Recognition team within the Controllership, Assurance, and Operations (CAO) organization. The position is located in Bengaluru. The position will be responsible for applying revenue recognition principles through the performance of revenue accounting, while also charged with gaining efficiencies and work product improvements that address financial risk and support business growth.
Intuit's Finance team drives business growth and profitability through strategic, financial and operational leadership. Our team is comprised of finance, accounting, supply chain, corporate strategy, and development and tax professionals that support and enhance Intuit's operating efficiencies.
Responsibilities
This position will require strong cross-functional skills, revenue accounting application, and ability to scope and centralize new accounting requirements that come from organic growth within the business.
- Responsible for applying, enforcing, and executing the Company's revenue recognition policy as it relates to the performance of revenue accounting.
- Stay current on evolving Accounting Standards pronouncements and updates under prevailing regulatory bodies (FASB, SEC), incorporating into current Company policy as necessary.
- Apply professional skepticism and an inquisitive approach to review and analyze the appropriateness and reasonableness of underlying accounting principles that support revenue recognition.
- Work closely with business unit partners, accounting leads, and internal/external auditors on accounting matters.
- Comfortable working with cross functional teams in order to understand company offerings and implement accounting models that properly recognize revenue and expense according to accounting principles and company policy.
- Participate in the month- and quarter-end close process and related responsibilities, including preparing journal entries and maintaining account reconciliations consistent with GAAP and corporate accounting policies and ensuring close timelines are met.
- Perform analysis to support deferrals and other revenue and expense impacting entries.
- Able to clearly articulate results and variances and demonstrate an understanding of root cause to management.
- Streamline systems and reporting tools to ensure efficient and accurate recording and classification of revenue.
- Establish controls necessary to ensure that revenue forecasts, deferred revenue balances and revenue accounting execution are compliant with Intuit company policy and GAAP.
- Prepare and maintain reports and analysis for management, as well as prepare schedules requested by internal and external auditors.
Qualifications
- Background in understanding and applying software and SaaS revenue accounting literature and related concepts.
- Ability to manage complexity well and demonstrated experience managing across functions and businesses to accomplish large scale goals in a large, public company environment.
- Confidence, good judgment, energy, and personality to work in a dynamic, multi-business unit environment across all levels of management and across business units and functions.
- Strong end-to-end process orientation with demonstrated analytical thinking, organizational skills, and problem-solving skills.
- Ability to influence people indirectly and work with people in multi-functional roles.
- Excellent analytical and organizational skills, time prioritization, and risk assessment.
- Chartered Accountant/CPA with minimum of 4 years experience preferred.
- Candidates should have strong technical (GAAP) and financial accounting skills and Public accounting or large public company experience is strongly preferred.
- Software industry and Shared Service Center experience a plus
- Working knowledge of Oracle, Siebel/BRM, BlackLine, and QlikSense is a plus.
- Strong attention to detail, excellent organizational and multitasking skills, strong written and oral communication skills and influencing skills, including the ability to raise issues appropriately to the right level internally and externally to resolve.
Intuit provides a competitive compensation package with a strong pay for performance rewards approach. This position may be eligible for a cash bonus, equity rewards and benefits, in accordance with our applicable plans and programs (see more about our compensation and benefits at Intuit: Careers | Benefits). Pay offered is based on factors such as job-related knowledge, skills, experience, and work location. To drive ongoing fair pay for employees, Intuit conducts regular comparisons across categories of ethnicity and gender. The expected base pay range for this position is:
