Position Summary
Who We Are
The Centralized Contract Accounting (CCA) team collaborates closely with the US Firm Controller, Business Controllers, Accounting Policy, Finance Business Partners, Engagement Financial Advisors (EFA), Finance Transformation and Finance Systems team to ensure consistency in the US firms' application of contract level revenue and expense accounting and regulatory policies. This role will help execute organizational and procedural policies for the US firms to ensure compliance related to revenue recognition and US GAAP.
Recruiting for this role ends on April 4, 2025
What You'll Do
- Collaborate with Finance Business Leads and Assistant Controllers to review procedures to evaluate revenue recognition in accordance with ASC 606, Revenue From Contracts With Customers, and ensure appropriate contract setup to drive accurate and consistent accounting and financial reporting for the US Firms.
- Facilitate the review of complex revenue arrangements and provide support to determine accounting conclusions. Coordinate and document consultations with subject matter experts, and Controllership as needed.
- Review contracts and advise on standardized Contract Work Breakdown Structures (WBS) to align with the revenue recognition standards and Primed Policy and guidance. Identify opportunities for Revenue policy enhancements and collaborate with Accounting policy on recommendations for change.
- Liaise with EFAs and EFA Leaders to help build awareness on the Revenue Standards and applicability on contract terms with US GAAP.
- Monitor Key Performance Indicators (KPIs) to enable the US firms to report on and manage the risk associated with the setup of complex contract arrangements and those with non-standard terms.
- Collaborate with the Internal Control Group (ICG) to identify key controls in the contract to cash business cycle, specifically related to revenue recognition.
- Build positive working relationships with internal clients, by providing high quality deliverables and communications with a focus on collaboration and teamwork.
- Provide support to other US Firms' Controllership team members on special projects (ad hoc) as needed.
- Exercise professional skepticism, judgement, and adhere to the code of ethics.
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Qualifications
Required
- Bachelor's degree in accounting, Finance, or related field
- Certification as CPA (or certification in process) with experience interpreting and assessing the requirements and authoritative guidance in ASC606, Revenue From Contracts With Customers.
- Minimum of 3 years of related experience in professional services, Controllership or Financial Reporting.
- Limited immigration sponsorship may be available
- Ability to travel 0-10%, on average, based on the work you do and the clients and industries/sectors you serve
Preferred
- Ability to state complex issues concisely
- Strong communication skills, both written and verbal
- Experience working with ambiguity
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $66,200 to $121,800.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Information for applicants with a need for accommodation:
https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
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Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Our people and culture
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work.
Our purpose
Deloitte's purpose is to make an impact that matters for our clients, our people, and in our communities. We are creating trust and confidence in a more equitable society. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments. Learn more about Deloitte's purpose, commitments, and impact.
Professional development
From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte Services LP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Requisition code: 213209