Responsible for analyzing, completing, and following up on activities related to the project and revenue accounting.
Responsibilities include but are not limited to analyzing and interpretating Emerson’s contracts with customers to define the correct accounting methodology according to USGAAP, understanding of project’s financial plan and budget adjustments, revenue recognition analysis and approval, preparing manual journal entries, balance sheet accounts review, and performing account reconciliations.
This role is responsible for following Standard Accounting Policies & Procedures according to USGAAP and ensuring that Shared Services customers are responded to in an accurate manner.
PRINCIPAL FUNCTIONAL RESPONSIBILITIES
Provide daily tracking and approve the pending revenue recognition events in workflow.
Analyze Emerson’s contracts to determine the proper Revenue Recognition Accounting Methodology Assessment.
Detect and follow up on any missing information or clarification that doesn’t allow the correct interpretation of the contract from accounting standpoint.
Collaborate with country Project Managers and Project Support team to ensure accurate and healthy financial project administration.
Directs the required action plans to correct possible differences generated in the projects financial plan during the month end close.
Reconcile Project Accounting balance sheet accounts per reconciliation schedule.
Perform and collaborate in the accounting closing process carrying out specific tasks on a timely manner.
Prepare and post Manual Journal Entries as requested.
Prepare monthly and quarterly accruals.
Ensure targets and expected deliverables are met according to the SLA guidelines
Identify potential areas for process improvements and highlight to Supervisors and Continuous Improvement Team towards process standardization and optimization.
Support internal and external audit processes collaborating with the supervision of the area to meet deliverables and address explanations
Participate in the reporting process of financial statements in a monthly basis.
Develop analysis and information as requested by the Business Units.
Associates or BSBA degree in Accounting, Finance, Business Administration and / or Industrial Engineering.
4 to 5 years of experience in general accounting / revenue accounting.
Experience in Shared Services environments.
Good communication both verbal and written in English (B1-B2).
Intermediate Excel level : Vlookups, Pivot Tables, Concatenates.
Intermediate level of Portuguese.
Oracle / SAP or other ERP experience is preferred. Hyperion or other reporting system.