Director, Revenue Recognition & Accounting |
| Location: | Bethesda/Tysons Corner (2010), MD |
| Exempt/Non-Exempt: | Exempt |
| Benefits: | Iridium provides employees with excellent compensation including a bonus incentive plan and a first-rate benefits program including medical, dental, vision, employer paid life insurance and employer matching 401(k) plan. |
| Employment Type: | Full Time |
| Department: | Finance |
| Description: | ***NO AGENCIES OR RECRUITING FIRMS*** Summary Reporting to the Corporate Controller this position requires a highly motivated, detail and service orientated individual to be responsible for managing the worldwide revenue recognition function for Iridium. Working closely with the internal Sales and Marketing and Contracts organizations, this position will be required to research various revenue related issues and provide timely opinion and guidance to senior management. Areas of responsibility include: • Develop, implement and maintain processes and procedures for accurate and timely revenue recognition for both commercial and government revenue streams. In addition, recommend, recommend and implement process improvements. • Work with sales, services, sales operations, forecasting and budgeting departments to provide revenue-related technical expertise and review fair value assessments • Work closely with the contracts department to review sales contracts, reduce contract related issues and provide technical guidance to ensure proper revenue recognition. • Analyze and understand various product offerings and revenue/expense streams to ensure proper revenue recognition and financial system set-up. • Perform and review monthly revenue, expense, deferred revenue, deferred costs and account reconciliations. • Prepare monthly revenue reports for management which includes variance analysis of revenue accounts and associated expense accounts against prior periods, budget and forecast. • Close monthly and semi-monthly revenue and expense ledgers within stated closing schedules. • Support various special projects as required. Requirements • Technical revenue recognition accounting knowledge including EITF 00-21, SAB 104, SOP 97-2. • Strong working knowledge of Generally Accepted Accounting Principles (GAAP) • Significant experience with government contracting revenue including SOP 81-1 and the FAR • Strong overall leadership, management and organizational skills • Self-motivated with the ability to multi-task and work in a dynamic fast-paced environment • Detail oriented with excellent analytic, interest in identifying and fixing problems. • Ability to identify key risk areas, contemplates alternatives, draw conclusions and recommend and implement changes to improve processes and mitigate risk. • Ability to effectively use accounting knowledge to collaborate with varying levels of employees and senior management to drive sound business decisions. • Ability to set and achieve individual and departmental goals consistent with the overall company objectives. • Ability to work independently with minimal direction by management. • Excellent Verbal and Written communication skills. Education/Experience • Bachelor's degree in Accounting or related field, MBA and/or CPA preferred. • 10-12- years accounting experience at a large and/or high tech company, including two years “Big 4” public accounting/audit and 3 years management experience. • Strong computer skills including general ledger/accounting systems. Proficient in Microsoft Office including Excel, PowerPoint and Word. Iridium Satellite LLC supports a drug-free work place and is an equal opportunity employer. |
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