We are looking for an Finance & Accounting Analyst (m/f/d) to join our corporate Finance team. This position will be primarily responsible for providing technical analysis and reviewing revenue contracts for the global organization. You will work directly with the senior accounting leadership, Legal, Sales, and Product Management to structure contracts, evaluate the executed documents, and prepare/document conclusions. You will also actively engage in process improvement and future revenue automation activities across the company.
Location: Schaffhausen in Switzerland (Xylem Europe Headquarter)
Tasks
* Have an in-depth knowledge of US GAAP, with a focus on revenue recognition rules for product, service and technology companies (ASC 606)
* Provide recommendations to legal and sales on how to appropriately structure sales contracts to avoid revenue recognition issues after execution
* Partner with Operations Finance to provide a view on future revenue timing, impacts of sales concessions, and the impacts from other negotiating inputs
* Evaluate final executed agreements and document accounting conclusions in technical memorandum
* Upload accounting conclusions and contract characteristics into the Company’s electronic contract management system (SalesForce/Appttus)
* Help lead the implementation of best practices for revenue team counterparts worldwide to scale business and global revenue expansion
* Continuously improve the global accounting processes and procedures by identifying areas to streamline, automate or refine
* Partner with the accounting and reporting team to provide guidance on complex transactions including acquisitions, dispositions, impairments, restructuring, litigation, etc.
* Provide training on technical topics to finance teams within the segment
* Provide assistance with monthly, quarterly and annual reporting requirements
* Interface with both internal and external auditors in support of audit procedures
Requirements
* BA/BS in Accounting and/or Finance or equivalent qualification
* ASC 606 experience
* CPA required
* Ability to influence decisions based on expertise
* Proficient in Excel
* Public accounting experience preferred (“Big 4” experience a plus)
* Problem-solving, analytical skills and the ability to balance multiple tasks simultaneously
* Position requires high attention to detail and a desire for continuous improvement
* Strong verbal and written communication skills and a professional attitude and demeanor working with the internal team
* Strong organizational skills and ability to work both independently and collaboratively, manage multiple projects, and prioritize workload to meet deadlines
Benefits
* Professional Development – To advance the capabilities of our people, we offer a wide variety of experiences to support our employees’ professional growth and continuous learning.
* Total Rewards – We offer comprehensive programs for compensation, benefits, recognition, learning and development, work-life integration and corporate citizenship.
* Watermark – Watermark is our corporate social responsibility program working to provide education and access to safe water to ensure healthy lives, gender equality, and resilient communities. Employees have the opportunity to learn and volunteer on various water-related projects.
* Employee Networks – Our Employee Networks provide a professional, supportive network for employees from diverse backgrounds, including Women’s, LGBT+ and Allies, Veteran’s, People of Color and Allies, Emerging Leaders, and Working Parents Networks.
For questions regarding this opportunity, please reach out to Niklas Naunheim, Senior Talent Acquisition Partner at +49 1621374371.
We are looking forward to your application!
Xylem is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, or other characteristics protected by law.
#LI-NN1
Wir sind ein globaler Wassertechnologieanbieter mit knapp 22.000 Mitarbeitenden und einer Mission: unseren Kunden durch innovative Technologielösungen und unser Fachwissen bei der Lösung von Wasserproblemen zu helfen. Wir sind der weltweit führende Anbieter effizienter, innovativer und nachhaltiger Wassertechnologien, die dafür sorgen, dass unser Wasser optimal genutzt, verwaltet, erhalten und wiederverwendet wird.