Senior Manager Revenue Recognition & Technical Accounting

Posted 2 Days Ago
Be an Early Applicant
6 Locations
140K-175K Annually
Senior level
Big Data • Software
The Role
The Senior Manager of Revenue Recognition and Technical Accounting will ensure compliance with ASC 606, support technical accounting research, and collaborate with Sales and Legal teams.
Summary Generated by Built In

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-oriented Senior Manager of Revenue Recognition and Technical Accounting to 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

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 off for holidays, family leave, and company-wide wellness days.  
  • Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives. 
  • A global community dedicated to volunteerism and sustainability, where collaboration is always encouraged, and individuality drives solutions. 
  • Career progression planning with dedicated time each month for learning and development. 
  • Business Resource Groups open to all employees that serve as a catalyst for connection, growth, and belonging. 

Learn more about our benefits here. 

Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications. 

Company Overview: 

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 200,000 individual users. Clients across the buy-side and sell-side, as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized among the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn. 

At FactSet, we celebrate difference of thought, experience, and perspective. Qualified applicants will be considered for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, disability, protected veteran status or other characteristics protected by law. FactSet participates in E-Verify 

Top Skills

Asc 606
Gaap
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The Company
HQ: Norwalk, CT
10,310 Employees
On-site Workplace
Year Founded: 1978

What We Do

FactSet creates flexible, open data and software solutions for tens of thousands of investment professionals around the world, providing instant access to financial data and analytics that investors use to make crucial decisions.

For 40 years, through market changes and technological progress, our focus has always been to provide exceptional client service. From more than 60 offices in 23 countries, we’re all working together toward the goal of creating value for our clients, and we’re proud that 95% of asset managers who use FactSet continue to use FactSet, year after year.

As big as we grow, as far as we reach, and as successful as we become, we stay connected to our clients and to each other.

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