We are seeking for people who have good technical knowledge of and experience in practical application of ASC 606 - US GAAP & IFRS 15 revenue recognition accounting consultations. We need strong accounting knowledge and applicable industry experiences (technology, or other industries with similar business models / revenue streams). Given the outstanding nature of our business practices and Arm’s industry leading products & platforms, we are looking for people with effective communication skills & collaborative working styles.
Responsibilities:
- Review commercial arrangements (license revenue, support & maintenance, etc.) to ensure appropriate revenue accounting treatment;
- Resolve appropriate accounting treatment for complex revenue transactions and ensure accurate revenue treatment of potential revenue recognition issues;
- Complete period-end activities to assist with reconciling and reporting revenue figures in a timely manner.
- Mentor, guide and develop junior staff on the engagements, develops a good understanding of the sources of accounting literature, identifies standard methodologies on engagements and efficiently implement the same;
- Collaborating closely with statutory auditors, leading the weekly calls and quarterly audit close;
- Strategize and partnering with deal management team (licensing & sales), legal and revenue leadership on complex deals issues and solutions, assurance of proper compliance of revenue recognition rules and internal policies;
- Process revenue bearing contracts through Arm’s revenue accounting system in SAP;
- Develop and maintain revenue policies & procedures. Lead writing and review of technical position papers;
- Work collaboratively across the team to develop and improve revenue analysis, tools and reporting to ensure that they are fit for the purpose.
Required Skill sets and Experience :
- Chartered accountant or CPA, Bachelor’s degree or equivalent experience in Accounting, Finance, Economics, Business or related fields;
- Possess extensive technical knowledge in US GAAP, revenue recognition and corporate accounting matters and are very proficient with application of ASC 606 & IFRS 15 revenue recognition accounting and auditing consultations;
- Application of revenue consultations and industry standard methodologies related to deal structuring to stay in sync with current revenue recognition guidelines, such as to ensure standalone selling price compliance in accordance to the company's internal policy;
- Ability to easily navigate Microsoft Office applications, specifically Excel and PowerPoint;
- Strong analytical mentality with a desire to improve and build-upon existing processes;
- Confidence in presenting, engaging, and collaborating cross-functionally within the Revenue team, finance organization and with business partners;
- Highly motivated and outcome driven;
- Eagerness to learn and adapt as part of an evolving team.
“Nice To Have” Skills and Experience :
- Experience with SAP revenue accounting software RAR is a strong asset.
- Proven ability working in one of the Big 4's or equivalent as a part of revenue audits teams engaged in technology sector companies or working in a revenue accounting function of a technology sector company;
In Return
At Arm, we want our people to Do Great Things. If you need support or an accommodation to Be Your Brilliant Self during the recruitment process, please email accommodations@arm.com. To note, by sending us the requested information, you consent to its use by Arm to arrange for appropriate accommodations. All accommodation requests will be treated with confidentiality, and information concerning these requests will only be disclosed as necessary to provide the accommodation. Although this is not an exhaustive list, examples of support include breaks between interviews, having documents read aloud or office accessibility. Please email us about anything we can do to accommodate you during the recruitment process.
Accommodations at Arm
At Arm, we want our people to Do Great Things. If you need support or an accommodation to Be Your Brilliant Self during the recruitment process, please email accommodations@arm.com. To note, by sending us the requested information, you consent to its use by Arm to arrange for appropriate accommodations. All accommodation requests will be treated with confidentiality, and information concerning these requests will only be disclosed as necessary to provide the accommodation. Although this is not an exhaustive list, examples of support include breaks between interviews, having documents read aloud or office accessibility. Please email us about anything we can do to accommodate you during the recruitment process.
Hybrid Working at Arm
Arm’s approach to hybrid working is designed to create a working environment that supports both high performance and personal wellbeing. We believe in bringing people together face to face to enable us to work at pace, whilst recognizing the value of flexibility. Within that framework, we empower groups/teams to determine their own hybrid working patterns, depending on the work and the team’s needs. Details of what this means for each role will be shared upon application. In some cases, the flexibility we can offer is limited by local legal, regulatory, tax, or other considerations, and where this is the case, we will collaborate with you to find the best solution. Please talk to us to find out more about what this could look like for you.
Equal Opportunities at Arm
Arm is an equal opportunity employer, committed to providing an environment of mutual respect where equal opportunities are available to all applicants and colleagues. We are a diverse organization of dedicated and innovative individuals, and don’t discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.