Revenue Recognition Analyst
Synopsys Inc · Canonsburg, PA · 1 wk ago
FinanceFull-time
About the role
We Are
Synopsys is the leader in engineering solutions from silicon to systems, enabling customers to rapidly innovate AI-powered products. We deliver industry-leading silicon design, IP, simulation and analysis solutions, and design services. We partner closely with our customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow.
Responsibilities
- Review and analyze software contracts to identify key terms, document your accounting conclusions, and help ensure revenue is recorded in line with ASC 606 and Synopsys policy
- Work with Order Management, Sales, Legal, Credit & Collections, and Professional Services to gather the details you need to make informed accounting decisions
- Approve revenue recognition in Salesforce opportunities, checking that transactions align with business practices around pricing, milestones, and contract terms
- Support month-end revenue close activities including preparing journal entries, reconciling balance sheet accounts, and organizing documentation for revenue transactions
- Help prepare revenue audit packages for external auditors during quarterly reviews and year-end audits, making sure the materials are clear and complete
- Collaborate with the technical support team on automation projects, including new tools and process improvements that help reduce manual work
- Maintain internal control documentation and contribute ideas for process improvements that make the revenue cycle more efficient and accurate
Requirements
- Bachelor's degree in accounting or finance
- 3-5 years of revenue accounting experience, ideally with a technology or software company
- Working knowledge of ASC 606 revenue recognition standards and how they apply to software contracts
- Strong Excel skills, you are comfortable building models, pivot tables, and analyses that others can follow
- Good analytical skills with attention to detail and accuracy
- Clear written and verbal communication skills, you can explain revenue conclusions to different audiences in ways that make sense
- Experience with Oracle is helpful, familiarity with Salesforce, SAP, or Alteryx is a plus