8x8 offers a compelling and rewarding career opportunity for a Technical Accountant with experience in revenue recognition and technical accounting research. The role reports to the Controller. We seek motivated, driven professionals who are eager to perform, learn and add to a culture of success.
The ideal candidate will have at least 4 years of prior "Big 4" public accounting experience with exposure to revenue recognition, financial reporting (public companies), financial analysis, account reconciliation and the close process. Candidate would have an ideal mix of both public and private accounting experience. Preference would be given to a CPA with large (greater than $500 million in revenues), publicly-held or high-tech organization experience. Experience with enterprise-wide applications, accounting systems (such as PeopleSoft/Oracle), and billing systems are preferred and experience with multinational companies are a definite plus. More detailed responsibilities are set forth below:
REVENUE:
Perform month-end close, related entries and account reconciliation and analysis for monthly revenue, deferred revenue, deferred costs and other account reconciliations.
Perform accounting research regarding revenue recognition and write memos documenting conclusions and proper accounting treatment as required.
Ensure the proper revenue recognition in accordance with the revenue policy and generally accepted accounting principles (GAAP) including, but not limited to multiple-element arrangements, customer incentives, software licenses and maintenance.
Identify revenue recognition issues and work with management to review the business process and record appropriate reserves.
Focus on revenue recognition related issues, including new accounting policies and practices.
Assist in providing audit support for revenue transactions.
ACCOUNTING:
Participate in the monthly accounting close process, including both preparing and reviewing journal entries and reconciliations.
Perform accounting research and writes or reviews technical position papers documenting the Company's assessment on complex or material transactions.
Recognize, research and resolve SEC reporting and general accounting issues.
Provide accounting assistance in transactions and analysis related to strategic acquisitions. Participate in revenue recognition due diligence activities related to potential acquisitions.
Assist in implementing new accounting standards for the Company and also assist in researching accounting topics for the Company.
Keep abreast of financial accounting and reporting updates to authoritative GAAP, changes in SEC regulations and company events.
Monitor rulemaking activity of the FASB, SEC, etc. and analyze recently issued accounting standards for accounting policy and financial statement disclosure impact.
Perform other ad hoc projects and assignments as needed.
REQUIREMENTS
A college degree in Accounting/Finance with 3+ years of public accounting experience.
Experience in Revenue recognition literature (EITF 08-1/09-3, SOP 97-2/98-9, EITF 00-21, SAB 104) for a publicly-traded technology company.
Experience with accounting policies/procedures, conducting Technical Research and exposure to SEC financial reporting (pronouncements and developing footnotes).
Knowledge of GAAP, SEC regulations and other filing requirement (10K's, 10Q's).
Experience with equity transactions, business acquisitions and taxes are a plus.
Ability to prioritize projects accordingly and multi-tasking is a must.
US GAAP knowledge and Strong technical accounting research and position paper writing skills
Excellent communication skills, both verbal and written.
8x8 is always looking to add the best and brightest talent to our team. For consideration, please email your resume to jobs@8x8.com.
About 8x8, Inc.
8x8, Inc. (Nasdaq:EGHT) is a leading provider of cloud communications and computing solutions. With a portfolio of SaaS and IaaS solutions encompassing hosted communications services, contact center, unified communications, video web conferencing, managed dedicated hosting, virtual private servers and more, 8x8 is uniquely positioned as a business' one-stop shop for everything cloud. 8x8 has been delivering cloud services since 2002 and has garnered a reputation for technological excellence and outstanding reliability, backed by a commitment to exceptional customer support. 8x8 customers include small to medium sized businesses, distributed enterprise organizations and government agencies. For additional information, visit www.8x8.com, or connect with 8x8 on Facebook and Twitter.
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