The Revenue Recognition Technical Program Office is a diverse and high-performing team of motivated professionals who apply deep technical accounting and finance expertise to help Oracle stakeholders structure and execute strategic customer transactions that maximize revenue while mitigating risk.
The team’s responsibilities include active participation in strategic contract reviews, technical accounting assessments of Oracle programs, and analysis of evolving regulatory developments. It also provides technical accounting advisory support to the Global Revenue Recognition organization.
As a member of this team, you will play a critical role in upholding Oracle’s fiduciary standards by ensuring that revenue is recognized in full compliance with U.S. GAAP (primarily ASC 606 and ASC 842) and in alignment with Oracle’s Revenue Recognition, Internal Controls, Finance & Accounting, and Business Practices policies.
Internal Responsibilities
- Maintain an up to date and thorough knowledge of Oracle’s Revenue Recognition, Internal Controls, Business Practices and Finance & Accounting policies
- Review and discuss assessments of non-standard, complex transactions internally with the Technical Program Office and communicate accounting conclusions to external stakeholders
- Ensure consistent application of Revenue Recognition policies, practices and processes, promote continuous improvement
- Collaborate with external stakeholders during the pre-execution stage of contracts, provide rev rec guidance on deal structures and advise on ways to minimize risk and maximize revenue
- Develop and maintain relationships with external stakeholders, promote a highly collaborative work environment and promote and provide training
- Maintain an up to date and thorough knowledge of Technical Program Office objectives and initiatives
- Review significant signed contracts for compliance with US GAAP ASC 606 and Oracle’s Revenue Recognition Policy to ensure timely and accurate financial reporting
- Maintain an up to date, working knowledge of Global RevRec and Oracle systems, databases and communication tools
- Provide support to internal and external auditors and assist in special projects as assigned
KEY SKILLS AND REQUIREMENTS:
8+ years of relevant accounting experience, with a minimum of 4+ years revenue recognition ASC 606 and accounting US GAAP experience at a cloud service provider
Business/ Accounting/ Finance degree
Public accounting experience is a plus
Strong decision making and problem-solving skills
Strong technical accounting acumen with ability to comprehend and apply technical guidance to complex scenarios
Ability to present and effectively communicate complex accounting issues
Strong organization skills, with the ability to manage and prioritize multiple, competing tasks, while maintaining attention to detail
Ability to work under pressure in a fast-paced, remote, and demanding environment
Highly customer focused and results oriented
Self-starter, ability to work both independently and collaboratively, as needed
Fluent in English (spoken and written) is essential; additional language skills (i.e., Spanish or Portuguese) is a plus
#LI-KNC2
External Responsibilities
- Maintain an up to date and thorough knowledge of Oracle’s Revenue Recognition, Internal Controls, Business Practices and Finance & Accounting policies
- Review and discuss assessments of non-standard, complex transactions internally with the Technical Program Office and communicate accounting conclusions to external stakeholders
- Ensure consistent application of Revenue Recognition policies, practices and processes, promote continuous improvement
- Collaborate with external stakeholders during the pre-execution stage of contracts, provide rev rec guidance on deal structures and advise on ways to minimize risk and maximize revenue
- Develop and maintain relationships with external stakeholders, promote a highly collaborative work environment and promote and provide training
- Maintain an up to date and thorough knowledge of Technical Program Office objectives and initiatives
- Review significant signed contracts for compliance with US GAAP ASC 606 and Oracle’s Revenue Recognition Policy to ensure timely and accurate financial reporting
- Maintain an up to date, working knowledge of Global RevRec and Oracle systems, databases and communication tools
- Provide support to internal and external auditors and assist in special projects as assigned
KEY SKILLS AND REQUIREMENTS:
8+ years of relevant accounting experience, with a minimum of 4+ years revenue recognition ASC 606 and accounting US GAAP experience at a cloud service provider
Business/ Accounting/ Finance degree
Public accounting experience is a plus
Strong decision making and problem-solving skills
Strong technical accounting acumen with ability to comprehend and apply technical guidance to complex scenarios
Ability to present and effectively communicate complex accounting issues
Strong organization skills, with the ability to manage and prioritize multiple, competing tasks, while maintaining attention to detail
Ability to work under pressure in a fast-paced, remote, and demanding environment
Highly customer focused and results oriented
Self-starter, ability to work both independently and collaboratively, as needed
Fluent in English (spoken and written) is essential; additional language skills (i.e., Spanish or Portuguese) is a plus
#LI-KNC2