What are the responsibilities and job description for the Revenue Analyst - (B4) position at Applied Materials, Inc?
Applied Materials Inc. is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible the technology shaping the future.
We are actively recruiting for a Revenue Analyst!
Responsibilities:
- Partner with business organizations (Business Management Operation, Business Unit Controller, Order Management etc.) to update revenue forecast and provide guidance on revenue actuals
- Analyze and understand various product/service offerings and related revenue streams to ensure proper revenue recognition
- Maintaining revenue cutoff procedures at quarter end to ensure revenue is properly and accurately recorded for the period
- Partner with the Deal Desk and regional sales groups to understand and correctly account for large customer deals
- Be a key contributor to the month-end/quarter end revenue close by validating accounting for revenue under ASC 606, reviewing documents, revenue account reconciliations, and performing internal controls
- Comprehend the order to cash cycle of products with the ability to give constructive recommendations that maximized the Company’s revenue outlook
- Support ad hoc projects, including systems implementation, and process improvements related to revenue processes
- Prepare materials for internal and external audit requirements and respond to audit inquiries
Requirements:
- BS or BA in Business
- 2-5 years of experience in Accounting / Finance
- An ability to understand complex transactions and propose solutions to structuring issues that are compliant with Applied’s policies and US GAAP.
- Strong written and verbal communication skills to facilitate the effective writing of internal and external documents and to facilitate decisions and achieve results.
- Strong proficiency in using Excel or other related tools, experience with SAP preferred
- Proven competencies in communication, financial analysis and working across functions with different levels of management to drive results
- Revenue recognition experience preferred – SAB 104, Multiple Element Arrangements, Software Revenue Recognition, Contract Accounting and related accounting pronouncements. Knowledge of ASC 606 preferred
- Confidence, good judgment, with energy and personality to work in a dynamic environment across all levels of management and geographies.
Qualifications
Education:
Master's DegreeSkills:
Certifications:
Languages:
Years of Experience:
4 - 7 YearsWork Experience:
Additional Information
Time Type:
Full timeEmployee Type:
Assignee / RegularTravel:
Yes, 10% of the TimeRelocation Eligible:
NoU.S. Salary Range:
$133,500.00 - $183,500.00The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.
For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.
Applied Materials is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.
Salary : $133,500 - $183,500