Revenue, Accounting, and Controls Associate
- US-MA-Natick (Related locations: Framingham, Worcester, Metro West, Boston, Massachusetts, New England)
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This person will be an integral part of the company’s Finance and Operations Team that has worldwide responsibilities for accurately recording the revenue and deferred revenue transactions in compliance with current software and multi-element revenue recognition accounting guidance (SOP 97-2, 98-9, 81-1). The candidate will be responsible for the “entire” revenue/order cycle beginning with the sales quote and concluding with the acknowledgement of payment.
- Maintain cross-functional relationships with Sales, Sales Support, Sales Operations, Customer Service, Accounting, Operations, etc. to ensure the accuracy of each business transaction.
- Validate each sales quote with the corresponding customer order (P.O.) including license configuration, pricing, discounts, terms and conditions in accordance with The MathWorks licensing standards. Maintain the integrity of all customer, contact, and installed product databases.
- Follow all established export control policies regarding end use and end user controls. File shipping export declarations as required meeting government regulatory compliance standards.
- Confirm revenue is properly recorded by ensuring monthly cutoffs are adhered to, products are shipped, invoiced and passcodes are generated.
- Document the beginning and ending software maintenance dates for future recognition of deferred revenue.
- Maintain all pertinent documentation needed to properly invoice the customer including P.O.’s, sales tax exempt certificates, freight requirements, ship to and bill to information, etc.
- Ascertain that revenue is booked to the appropriate Sales Territory and work collaboratively with Accounting to ensure proper payments are made to the Sales organization. Administer “commission splits” using proper management channels within Sales and Sales Operations.
- Perform required Accounts Receivable functions including, credit, collections, cash receipts, credit card processing, electronic transfers, etc. Manage a customer portfolio by actively initiating outbound calls striving to maintain a DSO of < 45 days.
- Generate monthly reporting metrics and routine revenue reporting by revenue class, license type, sector, location, product, and industry
- A bachelor's degree is required.
- Candidates for this position must be authorized to work in the United States on a full-time basis for any employer without restriction.
- Visa sponsorship will not be provided for this position.
- B.S. required with an accounting, finance, or business concentration
- Must be detail oriented, accurate, and able to provide solid audit trails
- Must possess excellent communication, organization, and follow-up skills
- Must be self-motivated, able to prioritize, and multitask to meet daily deadlines
- Proficient in a computerized environment: MS Excel, MS Word, e-mail, internet, etc.
- Credit and collection experience a plus
- High tech company and transaction database experience a plus
- Additional skills include Oracle experience, export compliance knowledge or foreign language a strong plus
It’s the chance to collaborate with bright, passionate people. It’s contributing to software products that make a difference in the world. And it’s being part of a company with an incredible commitment to doing the right thing – for each individual, our customers, and the local community.
MathWorks develops MATLAB and Simulink, the leading technical computing software used by engineers and scientists. The company employs 3000 people in 15 countries, with headquarters in Natick, Massachusetts, U.S.A. MathWorks is privately held and has been profitable every year since its founding in 1984.
MathWorks, Inc. is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here.