Senior Revenue Recognition Business Partner

The Revenue Recognition Technical Program Office is a diverse and high-performing team of motivated professionals who apply deep technical accounting and finance expertise to help Oracle stakeholders structure and execute strategic customer transactions that maximize revenue while mitigating risk.

The team’s responsibilities include active participation in strategic contract reviews, technical accounting assessments of Oracle programs, and analysis of evolving regulatory developments. It also provides technical accounting advisory support to the Global Revenue Recognition organization.

As a member of this team, you will play a critical role in upholding Oracle’s fiduciary standards by ensuring that revenue is recognized in full compliance with U.S. GAAP (primarily ASC 606 and ASC 842) and in alignment with Oracle’s Revenue Recognition, Internal Controls, Finance & Accounting, and Business Practices policies.

Responsibilities

- Maintain an up to date and thorough knowledge of Oracle’s Revenue Recognition, Internal Controls, Business Practices and Finance & Accounting policies

- Review and discuss assessments of non-standard, complex transactions internally with the Technical Program Office and communicate accounting conclusions to external stakeholders

- Ensure consistent application of Revenue Recognition policies, practices and processes, promote continuous improvement

- Collaborate with external stakeholders during the pre-execution stage of contracts, provide rev rec guidance on deal structures and advise on ways to minimize risk and maximize revenue

- Develop and maintain relationships with external stakeholders, promote a highly collaborative work environment and promote and provide training

- Maintain an up to date and thorough knowledge of Technical Program Office objectives and initiatives

- Review significant signed contracts for compliance with US GAAP ASC 606 and Oracle’s Revenue Recognition Policy to ensure timely and accurate financial reporting

- Maintain an up to date, working knowledge of Global RevRec and Oracle systems, databases and communication tools

- Provide support to internal and external auditors and assist in special projects as assigned

KEY SKILLS AND REQUIREMENTS:

• 8+ years of relevant accounting experience, with a minimum of 4+ years revenue recognition ASC 606 and accounting US GAAP experience at a cloud service provider

• Business/ Accounting/ Finance degree

• Public accounting experience is a plus

• Strong decision making and problem-solving skills

• Strong technical accounting acumen with ability to comprehend and apply technical guidance to complex scenarios

• Ability to present and effectively communicate complex accounting issues

• Strong organization skills, with the ability to manage and prioritize multiple, competing tasks, while maintaining attention to detail

• Ability to work under pressure in a fast-paced, remote, and demanding environment

• Highly customer focused and results oriented

• Self-starter, ability to work both independently and collaboratively, as needed

• Fluent in English (spoken and written) is essential; additional language skills (i.e., Spanish or Portuguese) is a plus

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Qualifications

Disclaimer:

Certain U.S. based or U.S. customer or client-facing roles may be required to comply with applicable requirements, such as immunization/occupational health mandates, and/or drug testing requirements.

Range and benefit information provided in this posting are specific to the stated locations only

US: Hiring Range in USD from: $79,100 to $158,200 per annum. May be eligible for bonus and equity.

Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle's differing products, industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.

Oracle US offers a comprehensive benefits package which includes the following:
1. Medical, dental, and vision insurance, including expert medical opinion
2. Short term disability and long term disability
3. Life insurance and AD&D
4. Supplemental life insurance (Employee/Spouse/Child)
5. Health care and dependent care Flexible Spending Accounts
6. Pre-tax commuter and parking benefits
7. 401(k) Savings and Investment Plan with company match
8. Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
9. 11 paid holidays
10. Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
11. Paid parental leave
12. Adoption assistance
13. Employee Stock Purchase Plan
14. Financial planning and group legal
15. Voluntary benefits including auto, homeowner and pet insurance

The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.
Career Level - IC4