Revenue Accounting and Controls

1 week ago

Bengaluru, India MathWorks Full time

The finance team at MathWorks is expanding Join our Revenue Accounting Team to build your next career development step.

Within this role, you will enhance your knowledge of finance, business operations, be exposed to the importance of cash flow, tax, accounting, project management, technology/systems, reporting and analysis. Develop your skills in areas that will enable you to transition and advance into other opportunities within MathWorks.

You will work with a global team supporting other locations within Asia and the United States to assist customers, sales, and stakeholders to solve operational challenges. You will receive extensive training, mentoring, and coaching. Grow personally and professionally while building a career for the future.

MathWorks nurtures growth, appreciates diversity, encourages initiative, values teamwork, shares success, and rewards excellence.

Understand the order/revenue process and systems associated with the recording of sales orders by ensuring monthly cutoffs are adhered to, products are delivered, taxes are applied correctly, and customer invoices are generated.

Learn the business model associated with licensing software products globally. Manage the life cycle of software maintenance dates for future revenue recognition.

Manage customer order transactions for India, US, and other countries, during IST hours?

Manage accounts receivables by proactively engaging with customers, re-sellers and sales (credit, billing, collections, electronic transfers, etc.)

Adhere to compliance requirements including proper tax assessment, export guidelines, etc.

Partner directly with leaders of specific business areas throughout the organization to execute the entire quote to order process.

Report monthly sales bookings by location, revenue class, license type, etc. Generate monthly operational metrics to measure teams’ effectiveness. Grasp reporting tools such as Business Objects and expand Microsoft Excel skills.

A bachelor's degree in Commerce/Economics/Business Administration required.

Job experience of 3 years in Finance/Accounting/Customer Service domain from B2B process

Exposure to US Order to Cash process

Must be detail oriented, accurate, and able to provide solid audit trails

Must be self-motivated, able to prioritize, and multitask to meet daily deadlines

Well versed with ERP system (Oracle-Cloud), high system capabilities (MS-Excel, business objects). Learn to troubleshoot, test, and document future requirements

Plusses:
High-tech company and transaction database experience

Credit and collection experience

Export compliance knowledge

Foreign language skills
- A bachelor's degree and 1 year of professional work experience (or equivalent experience) is required.

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