Specialist, Accounting
Posted on: 22 Mar 2021
Rochester, NY
Job Description
Description:
Job Title - Spec, Accounting
Job Location - Rochester, NY
Job ID - CS20211503-58108
Job Description:
The Specialist, Accounting role will work with the front end of the business (Bids & Proposals, Program Management and Contracts) to understand and evaluate contract terms and conditions and their impact to revenue recognition.
* Make revenue recognition determinations for large contracts based on Accounting Standards Codification 606.
* Prepare documentation and obtain approvals to support accounting determinations prior to revenue recognition.
* Effectively communicate results to senior level management.
* Prepare analysis to understand revenue determination trends and thresholds for contract reviews.
* Analyze historical sales to support management's assumptions for standalone pricing.
* Support and update internal controls relating to the revenue recognition process.
* Support internal and external audit of revenue recognition related matters.
* Reconcile key revenue related ledger accounts.
* Be an integral team player on meeting monthly close process and deadlines.
* Assist with Ad Hoc request and reporting as necessary.
Qualifications:
* Bachelor's Degree and a minimum 4 years relevant experience; Master's degree with 2 years.
* CPA
Preferred Additional Skills
* Bachelor's degree in Accounting
* Experience in government contracting environment
* 4+ years' experience with Microsoft office (Microsoft Excel, Word, and PowerPoint)
* ASC 606 Revenue Recognition
* Experience with Peoplesoft Contracts / Projects
* Strong interpersonal skills for working in a team environment
* Strong written and verbal communication skills for interacting with varying levels of management
* Must be detailed-oriented, proactive, with sound organizational skills
L3Harris Technologies
New York, New York
L3 Technologies, Inc. provides aircraft sustainment, simulation and training, night vision and image intensification equipment, and security and detection systems used on military, homeland security, and commercial platforms in the United States and internationally. It operates in three segments: Intelligence, Surveillance and Reconnaissance (ISR) Systems; Communications and Networked Systems; and Electronic Systems. The company offers engineering, modernization and sustainment, space avionics and imaging payload, counter unmanned aircraft systems mission, cyber and electronic warfare, special mission command and control, modeling and simulation, and life cycle support services for ISR, airborne sensor, warrior sensor, space and sensor, aircraft, and intelligence and mission systems, as well as for military aviation services and advanced programs.
It also provides network and communication systems, secure communications products, radio frequency components, satellite communication terminals and space, microwave and telemetry products, and secure data links in broadband communication, naval power, space and power, maritime sensor systems, and advanced communications.
In addition, the company offers components, products, subsystems, and systems, as well as related services to military and commercial customers in commercial aviation solutions, precision engagement systems, link training and simulation, and security and detection systems. It serves the United States (U.S.) Department of Defense and its prime contractors, the U.S. Government intelligence agencies, the U.S. Department of Homeland Security, foreign governments, and commercial customers.
The company was formerly known as L-3 Communications Holdings, Inc. and changed its name to L3 Technologies, Inc. in December 2016. L3 Technologies, Inc. was founded in 1997 and is headquartered in New York, New York. As of June 29, 2019, L3 Technologies, Inc. operates as a subsidiary of L3Harris Technologies, Inc.
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IndustryTelecommunications
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No. of Employees31, 000
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Website
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Jobs Posted2405
