Corporate Financial Reporting (Cfr) - Revenue Recognition Analyst

Corporate Financial Reporting (CFR) - Revenue Recognition Analyst
Description -
CFR (Corporate Financial Reporting) is hosted in Worldwide Controllership Organization and is custodian of HP Inc. US GAAP Policy & Compliance with annual revenue of $56B+ globally.
The role involves collaborating with account management teams to guide on sales transactions & programs proactively so as to enable Revenue Recognition as soon as possible while remaining fully compliant with US SEC (Securities and Exchange Commission) and US GAAP (Generally Accepted Accounting Principles) requirements.
The individual is expected to be the subject matter expert providing clear and final Revenue Recognition guidance for teams to follow. The role includes providing leadership to regions & GBUs on key issues, project managing whitepapers, advising on emerging issues and ad hoc policy issues, working in conjunction with the business compliance team ensure HP policy and US GAAP has been properly implemented.
Specifically responsible for the following areas:

• Accounting review of emerging business models
• In depth knowledge of the systems and processes related to HP's business (Order Management, Order coding, Transit time delays, Solution Partners Organization (channel contracts).
• Provide ongoing support and training to finance teams to enable them to be self sufficient with their policy and process understanding.
• Influence and communicate to the wider community HP policy updates on a quarterly basis.
• Supporting ad hoc initiatives, such as supporting acquired company policy integrations.

These activities will involve leading and facilitating meetings (in a virtual environment) across multiple organizations, pro-actively identifying and solving problems, and giving mature and clear guidance to enable contract negotiation activity and month end close activities. This will include providing Revenue Recognition expertise in the above areas, facilitating audit activity, consulting on processes, and ensuring compliance with HP financial policies and procedures.

• Consults with business leaders to guide and influence strategic decision-making within a broad scope.
• Identifies opportunities for process improvement and policy development and engages in the design.
• Ability to influence multiple organizations within a broad scope, typically interacting with directors and Vice President (VP)s.

Education and Experience Required:

• First level university degree with a focus in business or economics; advanced degree or accounting certification (e.g., Certified Public Accountant (CPA), Master of Business Administration (MBA) preferred.
• Typically 6+ years of experience as a financial analyst.
• Typically experienced in more than one finance function.

Knowledge and Skills Required:

• Excellent understanding of accounting principles and financial analysis, with advanced knowledge in one area.
• Excellent data analysis and process automation skills.
• Excellent business application skills (e.g., Microsoft Excel).
• Excellent communication and influencing skills.
• Superior teamwork skills.
• Strong business acumen and negotiation skills.
• Good project management skills.

Critical Competencies to Drive Business Results:
- Accounting Processes and Systems (Business Financial Analyst)
Applies an understanding of United States (US) Generally Accepted Accounting Principles (GAAP), HP finance and administrative processes, systems, policies and procedures to maximize efficiency and effectiveness
- Tool and Technology Application (Financial Analyst)
Leverages available tools and technology to improve financial systems effectiveness
- Process Excellence (Analyst)
Understands and effectively applies process knowledge to drive operational excellence
- Business and Financial Controls
Demonstrates the ability to leverage company business and financial data and systems to ensure quality of transactions
- Financial Analysis and Reporting (Financial Analyst)
Uses key financial indicators and measures to optimize the financial decision-making of the company
-Risk Identification (Analyst)
Accurately identifies and resolves sources of financial systems risks
-Strategic Business Perspective
Applies alternative future scenarios and their impact on the long-term business objectives
- Financial Modeling (Analyst)
Attends to the most appropriate variables, inputs, and their relationships in a financial model, relevant to the business issue
- Financial Rules and Regulations (Analyst)
Collaboratively and consistently applies regulatory accounting, tax, and legal best practices in all transactions
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Job -
Finance
Schedule -
Full time
Shift -
No shift premium (United States of America)
Travel -
Relocation -
EEO Tagline -
HP Inc. is EEO F/M/Protected Veteran/ Individual with Disabilities.