Manager Revenue Recognition / Technical Accounting

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employeesoperating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

We are looking for a Manager Technical Accounting to join our corporate Finance team. This position will be primarily responsible for providing technical analysis and reviewing revenue contracts for the global organization. You will work directly with the senior accounting leadership, Legal, Sales, and Product Management to structure contracts, evaluate the executed documents, and prepare/document conclusions. You will also actively engage in process improvement and future revenue automation activities across the company.

Essential Duties/Principal Responsibilities:

• Have an in-depth knowledge of US GAAP, with a focus on revenue recognition rules for product, service and technology companies (ASC 606)
• Provide recommendations to legal and sales on how to appropriately structure sales contracts to avoid revenue recognition issues after execution
• Partner with Operations Finance to provide a view on future revenue timing, impacts of sales concessions, and the impacts from other negotiating inputs
• Evaluate final executed agreements and document accounting conclusions in technical memorandum
• Upload accounting conclusions and contract characteristics into the Company’s electronic contract management system (SalesForce/Appttus)
• Help lead the implementation of best practices for revenue team counterparts worldwide to scale business and global revenue expansion
• Continuously improve the global accounting processes and procedures by identifying areas to streamline, automate or refine
• Partner with the accounting and reporting team to provide guidance on complex transactions including acquisitions, dispositions, impairments, restructuring, litigation, etc.
• Provide training on technical topics to finance teams within the segment
• Provide assistance with monthly, quarterly and annual reporting requirements
• Interface with both internal and external auditors in support of audit procedures

Qualifications: Education, Experience, Skills, Abilities, License/Certification:

• BA/BS in Accounting and/or Finance or equivalent qualification
• ASC 606 experience
• CPA required
• Ability to influence decisions based on expertise
• Proficient in Excel
• Public accounting experience preferred (“Big 4” experience a plus)
• Problem-solving, analytical skills and the ability to balance multiple tasks simultaneously
• Position requires high attention to detail and a desire for continuous improvement
• Strong verbal and written communication skills and a professional attitude and demeanor working with the internal team
• Strong organizational skills and ability to work both independently and collaboratively, manage multiple projects, and prioritize workload to meet deadlines

#LI-JO2

Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.