Revenue Recognition Analyst 2
VIAVI
0 - 3 years
Pune
Posted: 16/04/2025
Job Description
Summary:
Implements controls and evaluates actions required for compliance with the company’s revenue recognition accounting process, including the bookings and billings process. Performs regular and special analysis (such as reviews of organizational billing practices) to ensure invoice accuracy and proper revenue recognition. Analyzes third party payments and verifies compliance with contractual terms, fee schedules, or other formal agreements. Completes all required month-end close activities including revenue reconciliation and management reporting. May work with legal and sales personnel in reviewing revenue contracts to ensure adherence to company policies and resolves any revenue issues. Follows control procedures and interacts with audit or other functions in the approval of product discount pricing, vendor-specific objective evidence studies and significance analysis to ensure compliance with company policy and proper revenue recording.Duties & Responsibilities:
Description -
- Coordinate with various process owners to obtain supporting documents for revenue transactions
- Responsible for reviewing revenue transactions and preparing revenue packages
- Responsible for providing technical assistance to regional controllers on revenue accounting and implications of non-standard contractual terms
- Advise other organizations regarding revenue recognition issues
- Ensure revenue accounting policies are documented and applied consistently on a worldwide basis
- Participate in and/or lead company-wide projects that impact revenue accounting and analysis
- Undertake various quarter-end and year-end review tasks during the close process
- Maintain SOX compliance for all revenue related controls
- Maintain deferred revenue and deferred cogs and responsible for monthly closing activities
In depth knowledge of ASC 606.
Must be an advanced user of Excel (pivot tables, vlookups, filtering, deduplication) and other Microsoft Office products
Must be able to work in a high paced team environment
Must be willing to learn and "can do" attitude
Must be proactive and a team player
Must be detail oriented
Qualifications - Internal
Bachelor’s in finance, Accounting or related discipline
5+ years of experience with at least 2 years revenue recognition experience.
Pre-Requisites / Skills / Experience Requirements:
Preferred Qualifications:
Public company or Big 4 experience preferred
CPA/CA/CWA/MBA or equivalent a strong plus
Oracle and Hyperion experience highly desired
RevPro experience a plus
About Company
Viavi Solutions Inc. is a global provider of network testing, monitoring, and assurance solutions, headquartered in Milpitas, California. The company offers a range of products and services designed to support network operators, service providers, and enterprises in optimizing their network performance, security, and service quality. Viavi's solutions are used in areas such as 5G, fiber optics, wireless, and cloud networking. The company provides network testing tools, performance monitoring, and troubleshooting solutions for both physical and virtual networks. Viavi is also known for its expertise in optical networking and its role in advancing technologies related to network automation, performance visibility, and cybersecurity.
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