Revenue Recognition Assistant Controller

Description

About Company:

Ceragon Networks Ltd. (NASDAQ: CRNT) is the global innovator and leading solutions provider of 5G wireless transport. We help operators and other service providers worldwide increase operational efficiency and enhance end customers’ quality of experience with innovative wireless backhaul and fronthaul solutions.

Ceragon’s unique multicore technology and disaggregated approach to wireless transport provides highly reliable, fast to deploy, high-capacity wireless transport for 5G and 4G networks with minimal use of spectrum, power, real estate, and labour resources. We deliver a complete portfolio of turnkey end-to-end AI-based managed and professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 400 service providers, as well as more than 800 private networks, in more than 140 countries.

About India Talent Centre:

India Talent Centre is a GCC which situated in Prestige Tech Park IV, Near Marathalli, Bangalore, which is serving as the 3rd HQ office for Ceragon Networks global, we have multiple teams here which includes IT, Global Operations & Support Services /NOC, Finance & FP&A as well as R&D.

What we can offer:

1.      Hybrid Work Model: 3 days from office 2 days from Home

2.      Global Team Exposure and a rewarding career

3.      State of the art office

4.      MNC standard Package & Benefits

About the role:

Key Responsibilities:

SOX Controls Documentation:

• Develop and maintain robust documentation of SOX controls for Revenue, COGS recognition, and inventory management.
• Ensure compliance with internal control requirements and corporate policies.

Technical Accounting Reviews:

• Conduct in-depth technical reviews of customer contracts to ensure accurate revenue recognition in compliance with US GAAP.
• Identify potential accounting issues and recommend solutions to align with regulatory standards.

Revenue Recognition Optimization:

• Support business teams by assessing new deals to optimize revenue recognition while identifying and mitigating associated risks.
• Collaborate with cross-functional teams to provide insights on revenue implications and compliance.

Audit Support:

• Act as a liaison with EY auditors during quarterly reviews and annual audits.
• Provide required data, insights, and documentation to ensure smooth audit processes.

Revenue Source Analysis:

• Perform detailed analysis of specific revenue streams, including Kinetics and Private Networks, to support accurate reporting and business decision-making.

Requirements

Required Qualifications and Experience:

• Chartered Accountant (CA) or Certified Public Accountant (CPA) qualification is mandatory.
• 3-6 years of experience in accounting, with significant exposure to US GAAP and SOX compliance.
• Proven experience in revenue recognition and contract review, preferably in the technology or telecommunications sector.
• Strong understanding of technical accounting principles and financial controls.
• Excellent analytical skills and attention to detail.

Preferred Skills:

• Proficiency in ERP systems and financial reporting tools.
• Strong interpersonal and communication skills to effectively collaborate with cross-functional teams.
• Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
• Prior experience in working with Big 4 audit teams is a plus.