Title: Principal, Technical Accounting
Palm Bay, FL, US, 32905
Job Title: Principal, Technical Accounting
Job Code: 36708
Job Location: Palm Bay, FL
Job Schedule: 9/80 (Every other Friday off)
Job Description:
This position is a key contributor to the team leading the SMS Segment in contract analysis and documentation related to revenue recognition, leases, and other technical accounting topics. The ideal candidate for this role has strong technical ASC 606 and ASC 842 experience specifically in their application to government contracts and commercial contracts, and is considered an expert on revenue recognition.
Essential Functions:
• Lead teams in contract reviews to ensure compliance with revenue recognition policies and guidance
• Work with accounting and finance teams to ensure well-documented analyses to support our revenue recognition positions
• Research GAAP to provide technical accounting recommendations for non-routine or complex revenue transactions
• Develop and deliver training to segment finance teams and peers for appropriate understanding of the application of revenue recognition guidance with respect to our contracts
• Recommend process or policy additions or enhancements, as necessary, in support of technical accounting matters
• Communicate with leadership to influence acceptance of concepts, practices, and/or approaches
• Support and update internal controls relating to the revenue recognition process, the lease process, and other technical accounting matters
• Support internal and external audits of revenue recognition and other technical accounting matters
• Conduct ad hoc accounting technical research as necessary
• Ability to obtain US Government security clearance
Qualifications:
• Bachelor’s Degree in Accounting, Business Administration, or Finance and a minimum of 12 years of prior relevant experience; Or, Graduate Degree and a minimum of 10 years of prior related experience; Or, in lieu of a degree, minimum of 16 years of prior related experience
• CPA with active license
• 5 years of revenue recognition experiencee
Preferred Additional Skills:
• Strong project management skills, including demonstrated ability to think end-to-end and manage multiple priorities simultaneously
• Ability to work under consultative direction and set own priorities
• Master’s Degree in Accounting
• Big Four experience, especially with audits or consulting for clients with government business and complex contracts
• Experience with contract accounting and use of contracts modules in SAP, PeopleSoft, or Costpoint
Nearest Major Market: Melbourne