Senior Revenue Recognition Accountant III - ASC 606

Posted Yesterday
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Medina, OH
Mid level
Software • Energy
The Role
The Senior Revenue Accountant at AspenTech will focus on revenue recognition under ASC 606, prepare forecasts and performance disclosures, assess customer agreements, implement process improvements, and support audit processes, ensuring timely completion of accounting duties across month-end and year-end processes.
Summary Generated by Built In

AspenTech is a global software leader helping industries meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. Our Digital Grid Management software suite, including AspenTech OSI products, helps power and utilities companies achieve superior real-time control, optimization and management for exceptional performance of complex energy networks.

The RoleThe driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.
The Senior Revenue Recognition Accountant III will work with the Manager of Revenue Accounting and Professional Services functions to support the project review process through enhanced reporting and analysis. Undertake responsibilities that enable business transformation and growth in a publicly traded technology company. Specific on-the-job training will be provided.

Your Impact

  • Maintain and update data inputs that drive revenue recognition under topic ASC 606 – Contracts with Customers.
  • Play a key role in the preparation and presentation of information to senior management, including the development of revenue forecasts and remaining performance obligation disclosures.
  • Assess countersigned customer agreements to allow for the proper establishment of Professional Services Projects and Software License Orders.
  • Proactively identify and implement process improvements while adhering to internal controls in a SOX environment.
  • Support internal and external audit processes collaborating with the Manager of Revenue Accounting to meet deliverables and address explanations.
  • Other duties as assigned related to business transformation.
  • Perform assigned month-end, quarter-end, year-end duties in a timely manner.

What You'll Need

  • Bachelor’s degree in Accounting, Finance, Economics or related field from an accredited university.
  • 3 + years of accounting experience in a publicly traded organization.
  • Proficiency in Microsoft Office applications, including Excel formulas, pivot tables, charts and advanced data modeling skills.
  • Process oriented with strong attention to detail.
  • Strong communication skills with ability to facilitate open dialogue with stakeholders.
  • Proven history of balancing multiple priorities with the ability to adapt to changing needs of business while continuing to meet deadlines.
  • Experience with Accounting ERP systems.
  • CPA, experience with ASC 606 revenue recognition principles preferred.
  • Experience with a project-based organization preferred.
  • Knowledge of Epicor or other ERP systems preferred.

#LI-RT1

Top Skills

Excel
The Company
HQ: Bedford, MA
2,466 Employees
On-site Workplace

What We Do

AspenTech is a global leader in asset optimization software helping the world’s leading industrial companies run their operations more safely, efficiently and reliably – enabling innovation while reducing waste and impact on the environment. AspenTech software accelerates and maximizes value gained from digital transformation initiatives with a holistic approach to the asset lifecycle and supply chain.

By introducing effective AI modeling to traditional principles of process engineering, AspenTech delivers a faster and more accurate analysis of efficiency and performance boundaries. The real-time data and actionable insights delivered by our software help customers push the boundaries of what’s possible.

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