Intuitive Surgical, Inc

Senior Revenue Analyst

Intuitive Surgical, Inc$100K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in revenue accounting or a closely related field.
  • Detail-oriented with the ability to thrive in a fast-paced environment, especially during quarter-end periods.
  • Strong knowledge of accounting principles.
  • Technical proficiency in ASC 606, particularly with multiple element arrangements.
  • Excellent communication and project management skills provided for collaborative work.
  • Strong analytical and problem-solving capabilities.
  • Ability to manage ambiguity and oversee multiple projects simultaneously.
  • Advanced skills in Excel.

Responsibilities

  • Analyze accounting implications of revenue and lease contracts under ASC 606 and ASC 842.
  • Collaborate with cross-functional teams on revenue and lease deal structuring and processing in SAP.
  • Execute revenue close activities, including journal entries and account reconciliations.
  • Collaborate in system implementation projects and perform testing for system design validation.
  • Identify opportunities for process improvement and automation.
  • Ensure compliance with internal controls and update documentation as required.
  • Interface with external auditors for audit requirements.

Benefits

  • Work in a collaborative and innovative environment within a global business.
  • Gain exposure to various business operations beyond revenue accounting.
  • Opportunities for continuous learning and professional development within a world-class finance organization.
Full Job Description
Job Description

Primary Function of Position:

Are you looking for an opportunity to deepen your revenue accounting expertise while gaining broader exposure to how a global business operates? If so, this might be the perfect opportunity for you. Intuitive is seeking a motivated Senior Revenue Analyst to join our Revenue Accounting team.

In this role, you'll partner with cross-functional teams across the organization to ensure accurate revenue recognition, support financial reporting, and drive process improvements. You'll have the opportunity to apply your technical accounting knowledge while developing a deeper understanding of the business and its operations.

This is an excellent opportunity for a proactive, collaborative professional who enjoys solving complex problems, driving continuous improvement, and building a long-term career within a world-class finance organization. If you're passionate about making an impact and want to contribute to a company dedicated to improving patients' lives, we'd love to hear from you.

Roles and Responsibilities:
  • 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
  • 3+ years of related experience in Revenue accounting or closely related accounting field.
  • 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

Preferred Skills and Experience
  • CPA
  • Big 4 experience
  • Knowledge of SAP (or other large ERP)
  • Previous experience in lessor accounting (ASC 842)


#WeAreIntuitive #LI-HYBRID

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.

This position may be filled at a different job level than listed here depending on
business need and/or on the selected candidate's experience, knowledge and skills.
Compensation will be based primarily on the job level at which the role is filled and the
candidate's qualifications, consistent with applicable law.

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 compensation ranges are listed.

About Intuitive Surgical, Inc

Intuitive Surgical, Inc. is an American corporation that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the da Vinci Surgical System. The company is part of the NASDAQ-100 and S&P 500. Intuitive Surgical has installed more than 5,000 surgical systems worldwide, and has more than 4,000 employees.
Learn more about Intuitive Surgical, Inc
Size
9,793 employees
Market Cap
$93.6 billion
Industry
Net Income
$1 billion
Founded
1999
5 Year Trend
+16.1%
Revenue
$4.3 billion
NASDAQ

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