Revenue Assurance Specialist

Overview

PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don't just imagine a better world, we enable it.

Revenue Assurance Specialist

In this role, you will be a part of the PTC revenue team reporting to the Revenue Assurance Senior Manager. The successful candidate will be a key contributor to many departmental goals/objectives and lead multiple projects impacting PTC’s worldwide finance community. You will have the opportunity to interface across multiple functional organizations outside of the revenue team, as well as will work closely with colleagues across the broader revenue team to understand both revenue recognition complexities and various financial analyses. Ideal candidates will be action-oriented and enjoy a fast-paced atmosphere where ability to multi-task and strong analytical and collaboration skills are a must.

PTC is undergoing a transformation to transition our business into a best in class subscription company with cloud-based and on-premise offerings. The Revenue Assurance team is responsible for navigating the complexities associated with our transition to a new business model, the adoption of new regulatory rules and the revenue impact, ensuring that our systems recognize revenue properly and the accounting treatment is in accordance with US GAAP. We are a highly motivated, high performing multi-national organization with team members in the US, Europe and Asia.

Day-To-Day

• Perform contract reviews for revenue related contracts to determine appropriate accounting treatment under ASC606 and document conclusions
• Review, recalculate, and analyze the accounting of revenue contracts in the revenue accounting automation system and identify any required adjustments and/or revenue judgements
• Interact with Deal Desk, Legal, Operations and Sales during contract negotiations/non-standard deal modeling gaining an understanding of the deal structure and identify facts that might impact revenue recognition and reporting
• Create process and procedure documents
• Execute Sox controls and prepare related documentation for Management review
• Proactively identify issues and process improvement opportunities, recommend solutions, and where appropriate, work with business partners and management to resolve or assist with implementation to improve efficiency
• Coordinate and/or review and respond to internal and external audit queries for corporate quarterly and annual audits to ensure auditors are receiving the required information in an accurate and timely manner
• Assist in the compilation of various financial statement disclosures

Preferred Skills and Knowledge

• Understanding of general accounting principles and standards (knowledge of revenue preferred – ASC606 or IFRS15)
• Ability to work in a fast-paced environment and meet deadlines
• Intellectual curiosity and creativity
• Ability to analyze and interpret data sets
• Strong attention to detail, time management, organization and communication skills
• Excellent communication skills: able to clearly communicate information in an easy to understand manner; able to deliver message effectively verbally and in writing
• Demonstrated business acumen and ability to deal with ambiguity and understanding specific business drivers
• Excellent German and good English language skills, other language is a plus
• Strong Excel skills, PowerBI is a plus

Preferred Experience

• 2-4 years of experience in accounting, finance or related field (Public Accounting firm experience a plus)

Basic Qualifications

• Bachelor’s degree in Accounting or Finance

Why PTC?

With a culture that is innovative, inclusive, and inspiring, PTC is the perfect place to build a fulfilling career. We are a diverse ecosystem of more than 6,000 employees worldwide who are making an impact on the industry and on the world. We are passionate, ambitious, and bold. We embrace change and celebrate employees who are challenging the status quo. Innovation happens every day and within every team at PTC. We are curious, lifelong learners who also like to have fun!

At PTC, we believe in the power of diverse ideas and perspectives. As a global company that values and respects all identities, cultures, and perspectives, we strive to create an inclusive PTC for all through an environment where everyone feels like they belong and are empowered to bring their true, authentic selves to work. Proud to be an Equal Opportunity and Affirmative Action Employer, we welcome applicants from all backgrounds and hire without regard to race, national origin, religion, age, color, ethnicity, ancestry, marital status, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic identity, disability, or veteran status.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance
• Industries
• Software Development

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