Senior Manager Technical Accounting & Revenue Recognition

FactSet

New York City, NY

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JOB DETAILS

SALARY

$140,000–$175,000 Per Year

LOCATION

New York City, NY

POSTED

30+ days ago

Full Job DescriptionFactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant accessto financial data and analytics that investors use to make crucial decisions.At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. We believe that the best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients’ needs and exceeding their expectations.We are seeking a highly motivated and detail-oriented Senior Manager of Technical Accounting & Revenue Recognition to join our team. This high-impact, high visibility role will focus primarily on revenue recognition, ensuring compliance with ASC 606 and internal policies, while also supporting broader technical accounting research and aspects of external financial reporting.You will serve as a key resource in the organization, partnering closely with Sales, Legal and Accounting teams to provide technical guidance during deal negotiations and ensure accurate revenue treatment. In addition to evaluating and documenting complex revenue recognition conclusions, you will circulate best practices, maintain critical revenue recognition and technical accounting policies and provide ongoing training across the organization.At FactSet, you'll be part of an exciting, dynamic environment with a wide variety of opportunities to apply and grow your technical accounting expertise across numerous topics.Job Specifications:Lead technical accounting consultations with the Sales and Legal teams during deal negotiations, providing insights into revenue recognition implications of proposed contract terms.Interpret complex contracts to identify and evaluate accounting issues and determine appropriate treatment under ASC 606.Provide guidance on best practices for structuring contracts in a way that aligns revenue recognition with business expectations.Research, document, and present revenue recognition conclusions and other technical accounting positions, including preparing internal memos.Partner with the Corporate Accounting team to ensure technical conclusions are properly reflected in financial reporting.Update and maintain corporate revenue recognition policies to reflect emerging trends, changes in GAAP, and SEC guidance.Deliver training to cross-functional teams on revenue recognition and technical accounting topics.Support the quarterly external reporting process, particularly in reviewing and drafting disclosures related to revenue and technical accounting conclusions (no prior SEC reporting experience required).Requirements:Degree in Accounting8 + years of accounting experience with a focus on revenue recognition and technical accounting for public companiesBig 4 accounting firm experienceStrong technical background with deep knowledge of ASC 606 and experience.Proven experience conducting technical accounting research and preparing formal accounting conclusionsExcellent written and verbal communication skills with the ability to present and articulate complex financial analysis in a clear and concise manner to a variety of audiencesDemonstrated ability to work independently and manage multiple priorities in a fast-paced environment, with ability to bring assigned tasks to resolution.Strategic thinker with strong leadership skills and the ability to problem-solve and drive changeStrong interpersonal skills with the ability to build relationships and work in a highly collaborative environmentMust be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the futureThe budgeted amount range for this position in the State of Connecticut and New York City is $140,000 - $175,000What's In It For YouAt FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a FactSetter means:The opportunity to join an S&P 500 company with over 45 years of sustainable growth powered by the entrepreneurial spirit of a start-up.Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and company-wide wellness days.Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives.A global community dedicated to volunteerism and sustainability, where collaboration is always encouraged, and individuality drives solutions.Career progression planning with dedicated time each month for learning and development.Business Resource Groups open to all employees that serve as a catalyst for connection, growth, and belonging.Learn more about our benefits here.Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications.Company Overview:FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 200,000 individual users. Clients across the buy-side and sell-side, as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized among the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn.At FactSet, we celebrate difference of thought, experience, and perspective. Qualified applicants will be considered for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, disability, protected veteran status or other characteristics protected by law. FactSet participates in E-VerifyVEVRAA Federal ContractorRequest Priority Protected Veteran & Disabled Referrals for all of our locations within the stateThe EEO is the Law poster is available here.FactSet Research Systems Inc. endeavors to make our website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact recruiting@factset.com.Equal Opportunity Employment PolicyIt is the policy of FactSet Research Systems Inc. ("FactSet") to provide equal employment and advancement opportunities to all qualified employees and applicants for employment regardless of their race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, physical or mental disability, genetic information, protected veteran status, pregnancy, military or military reserve obligations, or any other class or status protected by law. This policy applies to all policies and procedures related to recruitment, hiring, training, promotion, compensation, benefits, transfer, discharge, and other terms and conditions of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. If you have questions concerning this policy, please contact the Human Resources department at +1 (203) 810-1000.
Minimum Salary: 140,000
Maximum Salary: 175,000
Salary Unit: Yearly

About the Company

FactSet

FactSet was founded in 1978 and has been publicly held since 1996. The Company is dual listed on the New York Stock Exchange and the NASDAQ Stock Market under the symbol “FDS.” Fiscal 2016 marked the Company’s 38th year of operation, its 36th consecutive year of revenue growth and its 20th consecutive year of earnings growth as a public company.

As of August 31, 2016, FactSet has a market capitalization of $7.12 billion, which is up 9.5% over last year. The Company currently has 43 office locations in 21 countries employing 8,093 individuals. In March 2016, FactSet was ranked #89 on Fortune’s “100 Best Companies to Work For”, marking the Company’s eighth appearance on the list in the last nine years. FactSet was also recognized as one of the UK’s “Best Workplaces” by the Great Place to Work® Institute UK for the eighth consecutive year, and included in the “2016 Best Places to Work in France” list for the fifth consecutive year. In addition, the Company was awarded the Best Research and Analytics tool at the 2016 Systems in the City Awards, and the Best Overall Provider, Best Research Provider, and Best Analytics Provider at the 2016 Inside Market Data Awards.

Since becoming a public company in 1996, FactSet has evolved from a US-centric software firm into a global company generating approximately a third of its revenues from clients outside the US. Through technological proficiency, a dedicated workforce, and an unwavering commitment to client service, the Company has driven revenue and earnings per share to new heights, as well as increased its international presence, and ultimately, its competitive edge.

COMPANY SIZE

5,000 to 9,999 employees

INDUSTRY

Computer/IT Services

FOUNDED

1978

WEBSITE

http://www.factset.com/

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