Senior Revenue Analyst is responsible for reviewing capital placement agreements and determining the appropriate lease classification in accordance with ASC 842 and the Danaher policies. The analyst further evaluates non-standard terms and conditions in customer orders and contracts to develop technically sound revenue recognition conclusions under ASC 606. Additional responsibilities include performing accounting for distribution rebates and chargebacks and providing technical support for revenue-related month-end close activities and audit requests. This position reports to the Senior Manager, Revenue Accounting and is part of the Revenue & Technical Accounting team in Sunnyvale and will be fully remote.
In this role, you will have the opportunity to:- Develop advanced expertise in ASC 842: Lease accounting standards and apply this knowledge to support accurate and compliant revenue and lease reporting.
- Review capital placement agreements to determine appropriate lease classification (operating vs. sales-type) in accordance with ASC 842 guidance.
- Analyze non-standard terms and conditions in customer orders and contracts, forming well-supported revenue recognition conclusions under ASC 606.
- Lead and support automation initiatives aimed at optimizing and streamlining day-to-day revenue operations processes.
- Deepen functional knowledge of SAP's Quote-to-Cash ("QTC") and the Revenue Accounting and Reporting ("RAR") module, contributing to system accuracy and operational efficiency.
The essential requirements of the job include:- Bachelor's degree in Accounting, Finance, Economics, or a related field with 5+ years of accounting experience, including strong hands-on knowledge of ASC 606 (Revenue Recognition) and ASC 842 (Lease Accounting).
- Demonstrated ability to manage multiple priorities effectively in a dynamic, fast-paced environment.
- Strong organizational, analytical and communication skills, both written and verbal.
- A proven aptitude for quickly learning new concepts and accounting guidance, including evolving standards and technical literature.
Travel, Motor Vehicle Record & Physical/Environment Requirements: if applicable for role
- Ability to travel - approximately 5% travel
It would be a plus if you also possess previous experience in:- Accounting experience in a public accounting firm ("Big 4") or in public/private industry (preferred but not required)
- ERP system implementation experience, including UAT, data validations, data analytics activities
- Experience with SAP (ECC or S/4HANA platforms) and SAP RAR module
Cepheid, a Danaher operating company, offers a broad array of comprehensive, competitive benefit programs that add value to our lives. Whether it's a health care program or paid time off, our programs contribute to life beyond the job. Check out our benefits at Danaher Benefits Info.
At Cepheid we believe in designing a better, more sustainable workforce. We recognize the benefits of flexible, remote working arrangements for eligible roles and are committed to providing enriching careers, no matter the work arrangement. This position is eligible for a remote work arrangement in which you can work remotely from your home. Additional information about this remote work arrangement will be provided by your interview team. Explore the flexibility and challenge that working for Cepheid can provide.
The annual salary range for this role is $83K - $115K. This is the range that we in good faith believe is the range of possible compensation for this role at the time of this posting. This range may be modified in the future.
This job is also eligible for bonus/incentive pay.
We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.
