Revenue Recognition Accountant 3 (Finance)

Company Description
At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.

As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.

Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.

Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.

Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.
Job Description
Primary Function of Position

The revenue operations team is responsible for ensuring appropriate revenue recognition for the Company's revenue and lease contracts. This role also requires a deep understanding of our operational processes and working closely with cross-functional departments of the Company to produce timely and quality financial reporting, enable accurate forecasting, and process improvement. This will allow you to develop a broad and deep understanding of the Company's business and operations that are essential for strong career development and personal growth.

The accounting and finance organization is focused on driving continuous improvement and building a best-in-class finance department. We look to hire quality people with integrity, high capacity for growth, personal accountability, teamwork, and drive. If you exemplify our values and want to be part of our interesting journey in the world of robotic-assisted surgery, this is the role for you.

Essential Job Duties

• Analyzing and assessing the accounting and financial reporting implications related to revenue and lease contracts entered into with our customers, under ASC 606 and ASC 842.
• Work with cross-functional business partners to facilitate the review and operational execution of revenue and lease related deals, which includes deal structuring and processing within SAP
• Perform revenue close activities including executing journal entries, contract review and processing, account reconciliations, management reporting, supplemental monthly reporting schedules and balance sheet/income statement variance analysis in accordance with our monthly close schedule.
• Collaborate cross functionally with other teams (Customer Finance, IT, Accounting, etc.) in system and process implementation projects and perform testing to validate system design is appropriate.
• Actively identify opportunities for process improvement or operational automation in existing system infrastructure.
• Comply with internal controls as well as update process documentation when needed.
• Ensure compliance with corporate accounting policies, procedures, and U.S. GAAP for responsible areas
• Interface with external auditors for global and statutory audit requirements.

Qualifications
Required Skills and Experience

• Detail oriented, organized, motivated and able to function in a fast-paced environment, especially during quarter-end reporting periods.
• Strong fundamental accounting knowledge.
• Strong technical accounting skills in ASC 606 (multiple element arrangements).
• Excellent communication and project management skills.
• Strong analytical and problem-solving skills.
• Ability to handle ambiguity effectively and oversee multiple projects at once.
• Advanced Excel skills.
• This role requires working onsite in our Sunnyvale, CA office Tuesday, Wednesday, and Thursday every week.

Required Education and Training

• Bachelor's degree in accounting/finance is required
• 3+ years of experience in accounting or related field

Preferred Skills and Experience

• Knowledge of SAP (or other large ERP) is preferred.
• Previous experience in lessor accounting (ASC 842) is a plus.
• Certified Public Accountant preferred
• Public accounting experience preferred

Additional Information

Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19. Details can vary by role.

Intuitive is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.

Mandatory Notices

We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.

Preference will be given to qualified candidates who do not reside, or plan to reside, in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.

We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target salary ranges are listed.

Base Salary Range Region 1: $110,000 USD - $158,200 USD
Base Salary Range Region 2: $93,500 USD - $134,500 USD
Shift: Day
Workplace Type: Set Schedule - This job will be onsite weekly, the percentage of onsite work will be defined by the leader.