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Accounting, staff

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Synopsys Inc

6d ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax

AI generated summary

  • You must have CPA/CA, a degree in Accounting/Finance, 6+ years in corporate finance with 3-5 years in revenue accounting, ASC 606 knowledge, and strong communication skills.
  • You will assist with monthly closings, review revenue transactions, reconcile accounts, ensure GAAP compliance, suggest process improvements, and ensure SOX compliance in a collaborative environment.

Requirements

  • Must be, or recently have been, a senior revenue accountant or the assistant revenue manager for a company in the software space
  • Must have a CPA/CA and a bachelor’s degree or higher in Accounting, Finance, or a related field
  • Minimum of 6 years of experience in a corporate finance environment, ideally including 3-5 years of experience in revenue accounting of software and cloud-based offerings.
  • Experience in SAP/HANA 4 is a plus
  • Must have an understanding of ASC 606 and preferably have worked in a company that has been through the adoption of the new standard
  • Excellent verbal and written communications skills, as well as the ability to work effectively across internal and external organizations
  • Ability to work independently and as part of a team
  • Ability to efficiently provide high-quality work in a fast-paced environment
  • Ability to communicate complex scenarios and topics in a clear and ingestible manner to the team and senior management
  • Above all else, a willingness to undertake all projects to support your teammates and improve the overall effectiveness of the function.

Responsibilities

  • Assist and Support monthly closing activities including, but not limited to, reviewing non-routine revenue transactions, performing accounting assessments, preparing accurate journal entries, reconciliations, data analysis, documenting revenue conclusions and ad hoc requests
  • Perform monthly balance sheet account reconciliations for various revenue accounts, ensuring accuracy and adherence to GAAP
  • Perform reviews of revenue transactions of acquired contracts for accounting compliance with applicable US GAAP
  • Understanding and application of various business models of the software industry including SAAS offerings
  • Identify actionable insights and suggest recommendations to address issues and improve accounting processes/efficiencies
  • Partner closely with cross-functional to identify areas for improvement and implement best practices, automation, and continuous process improvements
  • To succeed in this role, you should also have a problem-solving attitude
  • Ensure compliance with internal control policies in a SOX environment

FAQs

What is the role of the Accounting, Staff position at Synopsys India?

The Accounting, Staff position involves assisting with monthly closing activities, performing account reconciliations, conducting revenue transaction reviews, understanding business models, identifying insights for process improvements, and ensuring compliance with accounting principles and internal control policies.

What qualifications are required for this position?

Candidates must hold a CPA/CA and a bachelor's degree or higher in Accounting, Finance, or a related field, along with a minimum of 6 years of experience, ideally including 3-5 years in revenue accounting for software and cloud-based offerings.

Is experience with ASC 606 necessary for this role?

Yes, an understanding of ASC 606 is essential, and preferably candidates should have worked in a company that has adopted this new standard.

Are there any preferred software skills for candidates?

Experience with SAP/HANA 4 is a plus for this position.

What kind of work environment can I expect in this role?

The work environment is fast-paced, requiring the ability to provide high-quality work both independently and as part of a team, while effectively communicating complex scenarios to management.

Are there opportunities for process improvement within the role?

Yes, the role involves identifying actionable insights and suggesting recommendations to improve accounting processes and efficiencies.

What qualities are important for success in this position?

Strong analytical and problem-solving skills, the ability to communicate effectively, a willingness to support teammates, and a proactive problem-solving attitude are important for success.

How does Synopsys value diversity in the workplace?

Synopsys embraces diversity to create innovative solutions that serve both technology and the diverse human community behind it.

What type of company culture should I expect at Synopsys?

You can expect a culture of enthusiasm for learning, innovation, collaboration, and a commitment to making technology safer and more efficient.

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Synopsys Inc

Powering the New Era of Smart Everything—from Silicon to Software

Technology
Industry
10,001+
Employees

Mission & Purpose

Smart, Secure Everything—From Silicon to Software Synopsys technology is at the heart of innovations that are changing the way we live and work. The Internet of Things. Autonomous cars. Wearables. Smart medical devices. Secure financial services. Machine learning and computer vision. These breakthroughs are ushering in the era of Smart, Secure Everything―where devices are getting smarter, everything’s connected, and everything must be secure. Powering this new era of technology are advanced silicon chips, which are made even smarter by the remarkable software that drives them. Synopsys is at the forefront of Smart, Secure Everything with the world’s most advanced tools for silicon chip design, verification, IP integration, and application security testing. Our technology helps customers innovate from Silicon to Software, so they can deliver Smart, Secure Everything. Since 1986, Synopsys has been at the heart of accelerating electronics innovation with engineers around the world having used Synopsys technology to successfully design and create billions of chips and systems that are found in the electronics that people rely on every day.