At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
About Cadence Design Systems : Cadence is the only company that provides the expertise and tools, IP, and hardware required for the entire electronics design chain, from chip design to chip packaging to boards and to systems.
We enable electronic systems and semiconductor companies to create innovative products that transform the way people live, work, and play.
Our products are used in mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and other market segments.
This person will join a cohesive team whose environment thrives on collaboration across geographies and departments within the broader Quote-to-Cash team of this publicly traded software company with $2.5B+ in annual revenues.
Responsibilities :
A successful candidate will have strong knowledge of ASC 606 and related guidance
Reviewing software license, hardware, and services contracts and determining the most appropriate revenue accounting per relevant authoritative literature (e.
g. ASC 606) and internal revenue recognition policies
Preparing contract memos highlighting key arrangement components and the four criteria required for revenue recognition
Preparing analytical reports pertaining to revenue-related accounts on a recurring and ad hoc basis
Participating in quarterly reviews and annual audits conducted by internal and external auditors, including SOX 404 requirements
Performing quarter-end close activities, including posting journal entries, performing account reconciliations, and executing daily revenue transactions to ensure revenue is properly captured in the financial system
Contributing to or driving special projects as needed
Position Requirements :
5-6 years of relevant industry and / or public accounting (Big 4) experience
High degree of ethics; meticulous attention to detail
Strong knowledge of ASC 606 and related guidance
BS in Accounting, Finance, or related field
Proficiency with Microsoft Excel and IT systems (SAP, Microsoft Access, or other database programs)
Excellent written and verbal communication skills
Strong analytical and critical thinking skills; ability to gather and evaluate information and formulate conclusions
Ability to work and communicate effectively with cross functional team
Ability to work on own initiative
Desirable Qualifications :
Certified Public Accountant
SAP Experience
LI-JC1
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