When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.
Summary:
In this role, you will perform ASC 606 technical revenue accounting functions, including accounting for revenue guarantees and assessing revenue recognition for customer and reseller/collaborative agreements. You will collaborate with the revenue operations team as well as cross-functional stakeholders including Financial Planning & Analysis (FP&A) and business teams.
Responsibilities:
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Apply ASC 606 and the company's accounting policies to nonstandard and multiple element customer contracts.
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Document ASC 606 conclusions and prepare and maintain revenue recognition allocation models.
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Integrate and establish revenue allocation accounting within the company’s Workday ERP system.
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Assist in determining appropriate revenue recognition for new and existing services in accordance with ASC 606 and company accounting policies.
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Collaborate with cross-functional stakeholders to provide insight and communicate revenue accounting positions and impacts.
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Support the revenue operations team with training and operationalization of accounting policies.
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Work on revenue team projects and process and control improvements.
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Become a subject matter expert (SME) on revenue recognition and ASC 606.
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Assist with maintenance of ASC 606 accounting policies.
Qualifications:
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Relevant degree preferred. Master’s degree in accounting, finance or business a plus.
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5 or more years of relevant accounting experience required.
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Active CPA license in good standing or CPA licensing in progress required.
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Experience researching and documenting accounting analyses for complex transactions required.
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Solid working knowledge of ASC 606 Revenue Recognition and experience with complex contract interpretation.
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Big 4 or large national/regional public accounting firm experience highly preferred.
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Proficiency with MS Office Suite including strong Excel skills.
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Experience with Workday is preferred.
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Strong critical-thinking, analytical, communication, and problem-solving abilities.
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Solid planning and organization skills, ability to multitask, prioritize competing demands and adapt to change, ability to complete tasks with minimal supervision.
CPA Related Benefits (administered at the discretion of the department):
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Annual CPA License Fee
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Annual AICPA and TSCPA Membership Fees
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CPA Review Course
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CPA testing Fees (one test/sitting)
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Reimbursement for CGMA designation
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Estimated Hiring Range:
At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $127,600.00.
This position is also incentive eligible.
Vizient has a comprehensive benefits plan! Please view our benefits here:
http://www.vizientinc.com/about-us/careers
Equal Opportunity Employer: Females/Minorities/Veterans/Individuals with Disabilities
The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.
What We Do
Vizient, Inc., the nation’s largest health care performance improvement company, serves more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $130 billion in annual purchasing volume.
Vizient is based in Dallas and has offices in 20 metropolitan areas across the United States. We have 4,000 employees with a breadth of expertise, experience and compassion, who are eager to develop and implement solutions that advance health care for the greater good.