• Revenue Recognition Consultant

    Location IE-Cork
    Job ID
    Position Type
    Regular Full-Time
  • Overview

    Revenue Recognition Position 

    Competitive salary

    Cork, Ireland

    Do you have strong experience in finance or financial services that shows impressive business acumen? In Finance, we are looking for a Revenue Recognition to join our team in Cork and play a key role in the evolution of Quest in EMEA.

    Quest provides end-to-end solutions that enable more affordable and accessible technology around the world, empowering people everywhere to do more. You will be part of a collaborative team that believes in honest communication, shares creativity and welcomes different perspectives. There is a winning culture built on a platform of integrity and a spirit of innovation. We will also provide the mentoring, training and opportunities for you to fulfil your ambitions and potential.


    You will quickly gain a clear understanding of the business and revenue recognition policy & processes within Quest; establish credibility, authority & a good working relationship with your peers, Country Managers, Deal Desk, Sales teams and Contracts teams.
    Liaise with Sales to understand how deals are to be structured, help them understand any resulting rev rec implications and how the different scenarios will be accounted for
    Manage the delivery of timely and accurate revenue recognition results/reports ensuring compliance with Group policy requirements
    Perform order reviews and create revenue order packs for software deals to make sure they meet standard rev rec guidelines to be able to recognize revenue in accordance with ASC 985-605
    Ensure OBIEE reports are run from Oracle and manage the preparation of the monthly deferred revenue accounting
    Oversee Historical Cost deferred revenue account reconciliations in a timely manner after monthly close
    Organise provision of necessary reports for the EMEA Revenue Manager and Field Finance
    Build a team that can work and collaborate with virtual team members & collaborate with key partners


    Essential Requirements


    • Experience in accounting for software revenue recognition in accordance with ASC 985-605, EITF 08.01 EITF 09.03 and related TPAs; SAB 101, SAB 104 and all other related U.S. Generally Accepted Accounting Principles (US GAAP).
    • Experience in reviewing customer contracts and supporting sales representative in optimizing revenue recognition upfront.
    • Obtained Third Level Business Degree or other relevant qualification
    • Ability to work in a team environment or independently while being flexible and open to learning new experiences in a fast-paced changing environment.
    • Proficient in using Oracle R12 or similar ERP System
    • Proficient at Microsoft Excel, Word and Power Point
    • Attention to detail with good communication skills and teamwork skills


    Desirable Requirements

    • Chartered accountant or in the process of obtaining such.
    • Experience using Oracle Financials 12i, OBIEE and Siebel applications


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