Contra-Reserve Expert
4 days ago
Bayan Lepas, Penang, Malaysia
Western Digital
Full time
Job SummaryWe are looking for a highly motivated Contra-Reserve Expert to join our revenue accounting team at Western Digital. This individual will be responsible for certain key contra-revenue reserve and reporting to ensure current processes are compliant with SOX control.
About the RoleThe ideal candidate will have a Bachelor's degree in Finance, Accounting or Business Administration and 8 or more years of relevant experience in a multinational company or shared services center. This position requires strong analytical skills and the ability to work effectively in a fast-paced environment.
Key Responsibilities- Work with the Pricing team to ensure proper Reserves Programs are set up in the system;
- Calculate and analyze monthly Customer Incentive Offering for revenue reserve requirements for all Western Digital revenue entities, and prepare journal entries to record reserve adjustments as appropriate;
- Analyze the reserve fluctuation to support business requirements;
- Calculate monthly Open RMA reserve accruals, and prepare and post journal entries as appropriate;
- Reconcile contra-revenue related GL accounts;
- Assist or lead related revenue projects to improve functional efficiency;
- Assist SOX Documentation Update and internal/external audits for Revenue function;
- Assist Revenue Accounting Manager and Sr Accounting Manager with ad hoc tasks as assigned.
- Proficient in Business Intelligence preferred; experience in Oracle Cloud environments is a plus;
- Strong knowledge of US GAAP and revenue recognition fundamentals;
- Excellent written and verbal communication skills in English are a must;
- Self-motivated and self-directed, but must have demonstrated ability to work well with people as a team member;
- Strong ability to troubleshoot and analyze complex problems, as well as to multi-task and meet deadlines;
- Outstanding performer and obtain recognition in current jobs.