Job Information
FactSet Research Systems Senior Manager Technical Accounting & Revenue Recognition in Chicago, Illinois
This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13426815
FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access
to financial data and analytics that investors use to make crucial decisions.
At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. We believe that the best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients needs and exceeding their expectations.
We are seeking a highly motivated and detail-orientedSenior Manager of Technical Accounting & Revenue Recognitionto join our team. This high-impact, high visibility role will focus primarily on revenue recognition, ensuring compliance with ASC 606 and internal policies, while also supporting broader technical accounting research and aspects of external financial reporting.
You will serve as a key resource in the organization, partnering closely with Sales, Legal and Accounting teams to provide technical guidance during deal negotiations and ensure accurate revenue treatment. In addition to evaluating and documenting complex revenue recognition conclusions, you will circulate best practices, maintain critical revenue recognition and technical accounting policies and provide ongoing training across the organization.
At FactSet, you\'ll be part of an exciting, dynamic environment with a wide variety of opportunities to apply and grow your technical accounting expertise across numerous topics.
Job Specifications:
Lead technical accounting consultations with the Sales and Legal teams during deal negotiations, providing insights into revenue recognition implications of proposed contract terms.
Interpret complex contracts to identify and evaluate accounting issues and determine appropriate treatment under ASC 606.
Provide guidance on best practices for structuring contracts in a way that aligns revenue recognition with business expectations.
Research, document, and present revenue recognition conclusions and other technical accounting positions, including preparing internal memos.
Partner with the Corporate Accounting team to ensure technical conclusions are properly reflected in financial reporting.
Update and maintain corporate revenue recognition policies to reflect emerging trends, changes in GAAP, and SEC guidance.
Deliver training to cross-functional teams on revenue recognition and technical accounting topics.
Support the quarterly external reporting process, particularly in reviewing and drafting disclosures related to revenue and technical accounting conclusions (no prior SEC reporting experience required).
Requirements:
Degree in Accounting
8 + years of accounting experience with a focus on revenue recognition and technical accounting for public companies
Big 4 accounting firm experience
Strong technical background with deep knowledge of ASC 606 and experience.
Proven experience conducting technical accounting research and preparing formal accounting conclusions
Excellent written and verbal communication skills with the ability to present and articulate complex financial analysis in a clear and concise manner to a variety of audiences
Demonstrated ability to work independently and manage multiple priorities in a fast-paced environment, with ability to bring assigned tasks to resolution.
Strategic thinker with strong leadership skills and the ability to problem-solve and drive change
Strong interpersonal skills with the ability to build relationships and work in a highly collaborative environment
Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
The budgeted amount range for this position in the State of Connecticut and New York City is \$140,000 - \$175,000. The base pay range is specific to these locations and may not be applicable to other locations.
What\'s In It For You
At FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a FactSetter means:
- The opportunity to join an S&P 500 company with over 45 years of sustainable growth powered by the entrepreneurial spirit of a start-up.
Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time o