Revenue Recognition Center of Excellence (COE) Specialist

Eaton Corporation plc
Beachwood, OH, United States
16 days ago
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Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
5 years minimum
Compensation
$113,000.0 - $165,000.0
Working hours
Regular working hours

Tech stack

Microsoft Excel Data Security Data Visualization Oracle (Applications) Power BI SAP (Applications) Tableau (Software)

Job description

The Revenue Recognition COE Specialist ensures accurate US GAAP (ASC 606) revenue recognition for organizational arrangements. This role handles complex revenue accounting, including contract review, monthly close, and journal entries, while maintaining compliance with company policies and SOX controls and supporting process and system improvements. You will work closely with the CoE leadership, Finance, and IT to maintain accurate revenue reporting and assist with automation initiatives., * Support Senior Analysts with preparing and posting revenue-related journal entries in compliance with ASC 606.

  • Perform contract review and identify performance obligations for standard and non-standard arrangements.
  • Calculate and allocate transaction price, including SSP analysis and variable consideration estimates.
  • Partner with the business and operations finance teams to determine percent complete/milestones and project margins to ensure accurately and timely recognition.
  • Reconcile revenue subledger to the general ledger and investigate variances.
  • Support monthly and quarterly close activities, ensuring accuracy and timeliness.
  • Maintain documentation for SOX controls and assist in audit requests.
  • Ensure adherence to company revenue recognition policies and procedures., All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates’ privacy rights and data security will be protected in accordance with applicable laws.

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant’s race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

Eaton believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.

You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.

To request a disability-related reasonable accommodation to assist you in your job search, application, or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.

Requirements

  • Bachelor’s degree from an accredited institution required.
  • Minimum 5 years of progressive accounting experience, including public accounting or accounting corporate roles.
  • Must be able to work in the United States without corporate sponsorship now and within the future.

Preferred qualifications:

  • Masters degree.
  • CPA or equivalent, * Working knowledge of ASC 606 principles and application; strong technical accounting skills.
  • Strong analytical and problem-solving skills.
  • Ability to communicate complex accounting concepts in clear, business-friendly language.
  • Advanced proficiency in Excel and ERP systems (SAP, Oracle) and revenue automation tools.
  • Advanced proficiency with visualization tools (Power BI, Tableau) and process automation.
  • Attention to detail.
  • Ability to manage multiple priorities in a fast-paced environment.

About the company

Eaton’s Corporate Sector division is currently seeking a Revenue Recognition Center of Excellence (COE) Specialist.

The expected annual salary range for this role is $113000 - $165000 a year.

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