Revenue Accountant

Singapore, Singapore

Job Description


About the job:
The Red Hat Asia Pacific (APAC) Revenue Accounting team is looking for a Revenue Accountant to join us in Singapore. In this role, you will assist in month-end accounting and the day-to-day support of financial operations for our APAC Sales and Services team. You will report to the revenue accounting manager and work cross-functionally with the Accounting, Finance, Services, Sales, Legal, Global Business Delivery, and Order Management teams. As a subject matter expert for services in the APAC Revenue team, you’ll need to have excellent communication and stakeholder management skills. You will strive to collaborate across Red Hat. As a Revenue Accountant, you’ll need to be able to analyze data and effectively present findings and insights to your stakeholders including accounting management. What you will do:

  • Work with the regional Revenue team to ensure that transactions are appropriately considered and accounted for under the requirements of the U.S. Generally Accepted Accounting Principles (GAAP)
  • Review sales contracts to determine appropriate application of revenue recognition principles
  • Review business terms language in non-standard or complex agreements to comply with corporate policies; ensure the use of Red Hat agreements and business forms whenever possible
  • Work closely with the Legal and Deal Desk teams on contract review and revision
  • Advise the Project Accounting and Order-to-Cash teams on accurate deal processing
  • Coordinate deal or agreement review and approval by stakeholders using defined processes and systems
  • Ensure the use of the corporate approval framework and associated policies
  • Prepare account reconciliations and journal entries
  • Work on special revenue projects, including the implementation of new systems and standards
  • Report on and analyze revenue results
  • Assist with analyzing standalone selling price
  • Ensure compliance with internal controls and processes
  • Engage with internal and external audit teams to support the quarterly review and annual audit activities
  • Perform monthly closing in RevStream and Disclosure reporting
  • Identify and develop best practices and process improvements
  • Perform ad hoc tasks as necessary
What you will bring:
  • 5+ years of relevant work experience
  • Bachelor’s degree or higher in business, accounting, or finance
  • Ability to manage multiple priorities under given time constraints and deadlines
  • Internal and external stakeholder customer management skills
  • Solid analytical abilities with advanced spreadsheet skills
  • Experience with Salesforce.com (SFDC), Oracle, or RevStream
  • Demonstrated experience working in a cross-functional team
  • Meticulous, ability to work on your own, and good problem-solving skills in a fast-paced environment
  • Recent experience related to the new Revenue Recognition Guidance (ASC 606) is a plus


#LI-REMOTE #LI-EL1

About Red Hat:
Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

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Job Detail

  • Job Id
    JD1048901
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned