The Senior Analyst, Revenue Accounting, reporting to the Associate Director, Revenue Recognition & General Accounting, is responsible for the accurate and timely recognition and reporting of instrument sales and placements. Key duties include managing and coordinating the reconciliation and analysis of customer revenue accounts, interpreting contracts, and providing lease classification guidance to the contracts, finance, marketing, and sales teams. This guidance supports budgeting and forecasting, decision-making during deal negotiations, and final lease classification and revenue allocation post-deal execution. The role also involves utilizing BOT output files for the revenue recognition software, maintaining revenue recognition files and Stand-Alone Selling Prices, and interacting with external auditors and other internal groups. Additionally, the Senior Analyst supports the finance and accounting teams with various schedules and analyses, including account reconciliations, serves as a subject matter expert for ASC 606 and ASC 842, and provides training and coaching.
Job Description
We are the makers of possible
BD is one of the largest global medical technology companies in the world. Advancing the world of health™ is our Purpose, and it's no small feat. It takes the imagination and passion of all of us-from design and engineering to the manufacturing and marketing of our billions of MedTech products per year-to look at the impossible and find transformative solutions that turn dreams into possibilities.
We believe that the human element, across our global teams, is what allows us to continually evolve. Join us and discover an environment in which you'll be supported to learn, grow and become your best self. Become a maker of possible with us.
*** This position would require an external candidate to relocate to our Sparks, MD location.
***Will consider current internal BD candidates at any U.S BD locations without requiring relocation to Sparks, MD.
Responsibilities:
Perform revenue recognition for customer contracts in accordance with Uniform Internal/External Agreement on Revenue Recognition Treatments under ASC 606 and ASC 842
Manage workload against deadlines
Co-manage BOT processes and utilize outputs
Be a power user of the revenue recognition software and perform, with little guidance, activities including scheduling, sample selection, procedures surrounding system testing, and upgrades in coordination with the Systems Lead for the revenue recognition software as needed
Interact with Contracts and Marketing teams regularly for the development of revenue recognition analysis, budgeting and forecasting of 606/842 impact, and ad hoc analysis
Complete journal entries as needed to correct or adjust financials
Coordinate and complete analysis of revenue and COGS actual results
Create and Review Account Reconciliations, Stand-Alone Selling Prices, and monthly reporting
Participate in projects, audits, and presentations as needed
Qualifications:
BS Degree in Accounting or related field is required
Minimum of 5 years of experience in Accounting/Finance function or combination of education and experience if CPA obtained
Preferred CPA certification and/or MBA
Highly preferred direct exposure to Revenue Recognition and Lease Accounting Rules and Regulations
This position would require an external candidate to relocate to our Sparks, MD location.
Required Skills:
Advance Microsoft Office (Excel/PowerPoint) skills required
U.S. GAAP literate with working knowledge of ASC 606 and ASC 842 required.
Excellent Communication Skills
SAP and Salesforce.com Experience a plus
Strong analytical skills with attention to detail and quality
Out of the box thinker / Global view oriented for problem solving and continuous improvement
Independent and proactive
Assertive
For certain roles at BD, employment is contingent upon the Company's receipt of sufficient proof that you are fully vaccinated against COVID-19. In some locations, testing for COVID-19 may be available and/or required. Consistent with BD's Workplace Accommodations Policy, requests for accommodation will be considered pursuant to applicable law.
Why Join Us?
A career at BD means being part of a team that values your opinions and contributions and that encourages you to bring your authentic self to work. It's also a place where we help each other be great, we do what's right, we hold each other accountable, and learn and improve every day.
To find purpose in the possibilities, we need people who can see the bigger picture, who understand the human story that underpins everything we do. We welcome people with the imagination and drive to help us reinvent the future of health. At BD, you'll discover a culture in which you can learn, grow, and thrive. And find satisfaction in doing your part to make the world a better place.
To learn more about BD visit https://bd.com/careers
Becton, Dickinson and Company is an Equal Opportunity/Affirmative Action Employer. We do not unlawfully discriminate on the basis of race, color, religion, age, sex, creed, national origin, ancestry, citizenship status, marital or domestic or civil union status, familial status, affectional or sexual orientation, gender identity or expression, genetics, disability, military eligibility or veteran status, or any other protected status.
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Primary Work Location
USA MD - Sparks - 39 Loveton Circle
Additional Locations
USA CA - Milpitas 135, USA CA - San Diego Bldg A&B, USA UT - Salt Lake City BAS
Work Shift
At BD, we are strongly committed to investing in our associates-their well-being and development, and in providing rewards and recognition opportunities that promote a performance-based culture. We demonstrate this commitment by offering a valuable, competitive package of compensation and benefits programs which you can learn more about on our Careers Site under Our Commitment to You .
Salary or hourly rate ranges have been implemented to reward associates fairly and competitively, as well as to support recognition of associates' progress, ranging from entry level to experts in their field, and talent mobility. There are many factors, such as location, that contribute to the range displayed. The salary or hourly rate offered to a successful candidate is based on experience, education, skills, and any step rate pay system of the actual work location, as applicable to the role or position. Salary or hourly pay ranges may vary for Field-based and Remote roles.