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Revenue Assurance Associate

Date:  May 2, 2021
Location: 

Morristown, NJ, US

Requisition ID:  29107

About Avaya

Businesses are built by the experiences they provide, and every day millions of those experiences are delivered by Avaya Holdings Corp. (NYSE: AVYA). Avaya is shaping what's next for the future of work, with innovation and partnerships that deliver game-changing business benefits. Our cloud communications solutions and multi-cloud application ecosystem power personalized, intelligent, and effortless customer and employee experiences to help achieve strategic ambitions and desired outcomes. Together, we are committed to help grow your business by delivering Experiences that Matter. Learn more at www.avaya.com.

ABOUT THE OPPORTUNITY

Please note - ASC 606 or prior experience with ASC 605 and ability to do Pivot Tables and V Lookups is required for this role.  These skills MUST be listed on your resume or you will not be able to be considered.

The successful candidate will be responsible for supporting the technical revenue accounting (TRA) function for the company which includes accounting guidance for all agreements for the company. This role is responsible for working with the members of the revenue team to develop and establish analytical reporting. The Candidate will be supporting the monthly and quarterly accounting close cycles. This position will also be responsible for assisting with preparation of reconciliations and related analysis of assigned revenue/cost of sales accounts monthly as well as assisting with defining and creating operating procedures and participating in business process improvement initiatives related to revenue accounting activities.

The qualified candidate will work closely with the revenue accounting team as well as other groups, such as Sales and Operations managers, Business Development, FPA, and Order Management.  To be successful in this role you will be required to maintain a high level of accuracy, meet critical timelines and heavy interaction with Stakeholders.

 

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ABOUT THE RESPONSIBILITIES

  • Assist with reviewing complex, multi-element agreements to support compliance with applicable external authoritative literature and internal guidelines as it relates to ASC 606
  • Works with cross-functional groups to ensure that agreements are structured in a way that ensures revenue will be recognized properly while following all commercial internal policies and procedures and manages all TRA approvals internally
  • Assist with preparation of all ad-hoc technical memos and other projects as necessary
  • Assist with preparation of periodic studies for technical revenue accounting (including SSP, Customer Life, etc.)
  • Works with Project Accounting Manager to support 500+ projects within the Workday accounting system including project accounting and cost of sales
  • Perform monthly and quarterly activities in support of financial close process including validation of all contracts/projects have correct revenue recognition and analyzing and explaining variances from expectations, with emphasis on cost of sales, and CA/CL processing
  • Prepare journal entries that support financial close process
  • Prepare required monthly/quarterly analytics for auditors and Sr. Management
  • Provide documentation that support internal/external audit activities and audit preparation
  • Ensures adherence to all revenue related SOX controls
  • Completion of Monthly Revenue Account Reconciliations

SKILLS AND COMPETENCIES

  • Advanced Microsoft Excel experience (pivot tables, v-lookups, etc.), as well as PowerPoint
  • Familiar with knowledge of revenue recognition standards (ASC 606, ASC 605, ASC842)
  • Must be eager to learn and ready to be a team player.
  • Strong problem solving skills, and a person who takes proactive approach to address issues and avert conflict.
  • Strong time management skills and works on critical items with a sense of urgency.
  • Actively applies strategies and tactics that routinely deliver results.

Experience

3 - 6 Years of Experience

ADDITIONAL INFORMATION

  • Role is based out of Morristown.
  • Working Remotely – Temporary due to COVID-19

Education

Bachelor degree or equivalent experience

Preferred Certifications

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Avaya is an Equal Opportunity employer and a U.S. Federal Contractor. Our commitment to equality is a core value of Avaya. All qualified applicants and employees receive equal treatment without consideration for race, religion, sex, age, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other protected characteristic. In general, positions at Avaya require the ability to communicate and use office technology effectively. Physical requirements may vary by assigned work location. This job brief/description is subject to change. Nothing in this job description restricts Avaya right to alter the duties and responsibilities of this position at any time for any reason. You may also review the Avaya Global Privacy Policy, accessible at https://www.avaya.com/en/privacy/policy/ and applicable Privacy Statement relevant to this job posting accessible at https://www.avaya.com/en/documents/info-applicants.pdf. For Job Postings within European GDPR Countries you can access this document for additional Data Privacy Information: https://www.avaya.com/en/documents/gdpr-info-applicants.pdf


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