Senior – Revenue Recognition and Technical Accounting

| Greater Denver Area

Position:

Senior – Revenue Recognition and Technical Accounting

 

 

Job Description:

The Senior – Revenue Recognition and Technical Accounting position will report into the Manager – Revenue Recognition and Technical Accounting in our Centennial, CO office location. Under limited supervision, while developing professional expertise, the Senior – Revenue Recognition and Technical Accounting evaluates and provides feedback and summaries of recent or pending transaction structures, and supports the organization to help reduce the risk of a misstatement of revenue or other pervasive business risks for Arrow Electronics, Inc.  The Senior – Revenue Recognition and Technical Accounting is responsible for detailed and accurate work products, providing thorough analyses of transaction structure, and effectively summarizing issues encountered to the Manager – Revenue Recognition and Technical Accounting and other members of management.  In this role, the Senior supports internal relationships across various organizations within the business, develops relationships with various client groups and employee levels, maintains/updates/develops current process and SOX controls, and performs other tasks as needed.

 

Key Responsibilities (approximate allocation of time for each task category): 

  • Perform monthly and quarterly SOX controls that relate to global revenue practices 20%
    • Includes exposure to members of Senior Management
    • Serve as contact for global parts testing and database maintenance to help ensure accuracy of revenue presentation
  • Perform critical analysis of pending transaction structures proposed by the business 15%
  • Assist in developing / assessing key and non-key SOX controls with the SOX Compliance Group 10%
  • Determine appropriate Revenue Recognition practices across a wide array of business types for various geographical regions 10%
  • Assist in Technical Accounting matters as needed to support the organization 10%
    • Purchase accounting,
    • Technical accounting position papers,
    • Enhance Arrow’s readiness for new Revenue Recognition Standard, and
    • Assist in system conversion processes
  • Serve as a liaison to the business and a resource for various accounting questions and projects 10%
  • Maintain / update summary listing of accounting issues, work with management to summarize key issues and exposure items, and clearly articulate summaries and positions taken 10%
  • Work closely with Corporate Audit and the external auditors for coordinating audits and reviews. 15%

 

Qualifications:

  • Bachelors’ degree in Accounting or Finance required and minimum of two years of relevant technical accounting and overall knowledge of SOX / COSO framework; or equivalent combination of education and experience.
  • 3-4 years’ experience with “Big 4” preferred or 4 years’ progressing experience with technical accounting experience from industry.
  • CPA desired but not required.
  • Ability to take responsibility and make decisions to support worldwide operations.
  • Strong analytical, documentation, and critical thinking skills are essential.
  • Well-developed interpersonal skillset and polished business acumen.
  • Ability to identify areas of improvement, when necessary.
  • Detail oriented & Ability to multi-task.
  • Self-motivated, time management and prioritization skills.
  • Ability to work with varying levels of colleagues.
  • Strong familiarity of accounting principles and GL systems.
  • Strong knowledge of Microsoft Office applications.

 

Critical to succeeding in this role is the ability to take ownership of areas, to critically think through an array of scenarios and gain a detailed understanding and critically-thinking through proposed transaction structures, the ability to provide detailed and business-savvy feedback to various levels of management, and the ability to be a part of a dynamic and energetic team within a fast-paced organization.

#LI-GB1

 

 

Location:

Denver (Centennial)

Read Full Job Description

Location

9201 E Dry Creek Road, Centennial, CO 80112

What are Arrow Electronics, Inc. Perks + Benefits

Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Retirement & Stock Options Benefits
401(K) Matching

Additional Perks + Benefits

Employee and Family Assistance Program (EAP). Life insurance and accidental death & dismemberment insurance. Short and long term disability coverage. Employee discount programs. Competitive vacation and paid time off.

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