Our world is transforming, and PTC is leading the way. Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business.
Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow – all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.
In this role, you will be a part of the PTC revenue team reporting to the Revenue Assurance Senior Manager. The successful candidate will be a key contributor to many departmental goals/objectives and lead multiple projects impacting PTC’s worldwide finance community. You will have the opportunity to interface across multiple functional organizations outside of the revenue team, as well as will work closely with colleagues across the broader revenue team to understand both revenue recognition complexities and various financial analyses. Ideal candidates will be action-oriented and enjoy a fast-paced atmosphere where ability to multi-task and strong analytical and collaboration skills are a must.
PTC is undergoing a transformation to transition our business into a best in class subscription company with cloud-based and on-premise offerings. The Revenue Assurance team is responsible for navigating the complexities associated with our transition to a new business model, the adoption of new regulatory rules and the revenue impact, ensuring that our systems recognize revenue properly and the accounting treatment is in accordance with US GAAP. We are a highly motivated, high performing multi-national organization with team members in the US, Europe and Asia.
Day-To-Day:
- Perform contract reviews for revenue related contracts to determine appropriate accounting treatment under ASC606 and document conclusions
- Review, recalculate, and analyze the accounting of revenue contracts in the revenue accounting automation system and identify any required adjustments and/or revenue judgements.
- Interact with Deal Desk, Legal, Operations and Sales during contract negotiations/non-standard deal modeling gaining an understanding of the deal structure and identify facts that might impact revenue recognition and reporting
- Create process and procedure documents
- Execute Sox controls and prepare related documentation for Management review
- Proactively identify issues and process improvement opportunities, recommend solutions, and where appropriate, work with business partners and management to resolve or assist with implementation to improve efficiency.
- Coordinate and/or review and respond to internal and external audit queries for corporate quarterly and annual audits to ensure auditors are receiving the required information in an accurate and timely manner.
- Assist in the compilation of various financial statement disclosures
Preferred Skills and Knowledge:
- Understanding of general accounting principles and standards (knowledge of revenue preferred – ASC606 or IFRS15)
- Ability to work in a fast-paced environment and meet deadlines
- Intellectual curiosity and creativity
- Ability to analyze and interpret data sets
- Strong attention to detail, time management, organization and communication skills
- Excellent communication skills: able to clearly communicate information in an easy to understand manner; able to deliver message effectively verbally and in writing
- Demonstrated business acumen and ability to deal with ambiguity and understanding specific business drivers
- Excellent German and good English language skills, other language is a plus
- Strong Excel skills, PowerBI is a plus
Preferred Experience:
- 2-4 years of experience in accounting, finance or related field (Public Accounting firm experience a plus)
Basic Qualifications:
- Bachelor’s degree in Accounting or Finance
Life at PTC is about more than working with today’s most cutting-edge technologies to transform the physical world. It’s about showing up as you are and working alongside some of today’s most talented industry leaders to transform the world around you.
If you share our passion for problem-solving through innovation, you’ll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us?
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