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Sr. Revenue Staff Accountant

Company: Toshiba Global Commerce Solutions
Location: Chapel Hill
Posted on: May 23, 2023

Job Description:


The Senior Revenue Accountant partners with Sales team and provides accounting guidance to Sales team on material complex deals during deal negotiation. Identifies non-standard terms and conditions in draft contracts and performs accounting research and escalates the potential revenue recognition issues to Director, Revenue Accounting and Technical Accounting Manager if necessary. Reviews signed customer contracts and prepares checklist in accordance with ASC606 guidance. Plays a key role in month-end close and internal and external audits. Performs close tasks, journal entries, balance sheet account reconciliation and investigates variances. Works with Operations, Sales, Customer Fulfillment, FP&A, IT and other teams to identify and solve the issues and ensure sales arrangement is accounted for correctly. This individual will ensure accuracy and compliance with US GAAP and other accounting regulations.


  • Partners with Sales team and provides accounting guidance to Sales team on material complex deals during deal negotiation. Identifies non-standard terms and conditions in draft contracts and performs accounting research, and escalates the potential revenue recognition issues to Revenue Accounting Manager and Technical Accounting Manager if necessary.
  • Reviews signed customer contracts in accordance with ASC606 and perform accounting analysis to identify the potential revenue adjustments. Interprets technical revenue reporting requirements, rules and regulations and apply them to TGCS customer arrangements. Communicates the accounting treatments with non-Finance teams. May prepare technical memo for significant customer contracts for revenue recognition.
  • Conduct recurring analysis, prepares journal entries and perform close activities, including balance sheet reconciliation and investigate issues and variances.
  • Works with Engineering, Products and IT teams to ensure product items are set up correctly from a revenue recognition perspective and revenue flows to appropriate category. Identifies system (Oracle) issues that cause incorrect revenue recognition and deferred revenue movement and works with IT to resolve the issues.
  • Prepares revenue forecast and metrics and communicates them with cross-functional teams.
  • Manages the audit requests from internal and external auditors and provides supporting documentation. Answers follow-up questions.
  • Perform other related duties as assigned.
    Required Skills:
    • Bachelor's degree in accounting
    • 8+ years of accounting experience in a public accounting and/or corporate environment
    • 5+ years of revenue accounting experience with good understanding of ASC606
    • Experience working in a multi-segment and revenue stream company environment.
    • Excellent presentation and communication skills are required to communicate technical accounting requirements to non-technical audience.
    • Familiar with deal negotiation process and being the bridge between Sales and accounting.
    • Be able to partner with Sales team to provide rev rec guidance on complex deals in a timely manner .
    • Detailed-oriented with excellent analytical skills.
    • Strong problem-solving skills
    • Excellent computer skills with MS Office software, including Excel, Word, and PowerPoint
    • Strong financial systems background
    • CPA preferred.
    • Oracle experienced strongly preferred.
    • Experience working in a multicurrency, multinational environment.
    • Spanish language skills a plus
    • Organizational and time management skills to prioritize heavy individual workload to meet time sensitive deadlines.
    • Able to handle stressful situations with ease and achieve deadlines.
      About the Company:

      Toshiba Global Commerce Solutions is a dynamic billion-dollar global company based in Research Triangle Park, NC, providing retail store solutions to your favorite brands. Have you ever been in a hurry and made use of the self-checkout at Lowe's Foods, earned fuel rewards at Kroger, or just paid for purchases at retailers such as Walmart, Michaels, Carrefour, The Gap, Calvin Klein, Boots, Cencosud, BJ's, or Costco? These are just a few examples of our in-store solutions and impressive customer base that made us the world's installed market share leader.

      The nature of retail is changing quickly, so if you share our 'Together Commerce' vision of a seamless two-way, participatory shopping experience, let's get together to drive the new economy.

      Toshiba Global Commerce Solutions, Inc. offers a competitive salary and generous benefits package including the following:
      • Group health coverage (medical, dental, & vision)
      • Employee Assistance Programs
      • Pre-tax spending accounts
      • 401(k) plan (with company match)
      • Company provided life insurance
      • Pet Insurance
      • Employee discounts
      • Generous paid holiday schedule, paid vacation & sick/personal days EEO:

        Toshiba Global Commerce Solutions is an equal opportunity/affirmative action employer that evaluates qualified applicants without regard to age, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military or veteran status, national origin, race, sex, gender, gender identity, gender expression and sexual orientation or any other protected factor. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.

        Individuals who need a reasonable accommodation because of a disability for any part of the employment process should email to request an accommodation.


        We at Toshiba Global Commerce Solutions firmly believe that our people are an integral part to the success of our customers. Furthermore, we're committed to Diversity, Equity, and Inclusion for all our people as highlighted by our 5 Core Principles (Create Outreach, Foster Belonging, Unleash Opportunity, Diverse Cultural Engagement and Culture of Transparency). We're passionate about our customers the retail industry and becoming a more responsible company as we help create a brighter future.

Keywords: Toshiba Global Commerce Solutions, Chapel Hill , Sr. Revenue Staff Accountant, Accounting, Auditing , Chapel Hill, North Carolina

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