SonicJobs Logo
Left arrow iconBack to search

Revenue Recognition Center of Excellence (COE) Specialist

Eaton Corporation
Posted a month ago, valid for 15 days
Location

Beachwood, OH, US

Salary

$113,000 - $165,000 per year

Contract type

Full Time

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • Eaton’s Corporate Sector division is seeking a Specialist Revenue Recognition Center of Excellence (COE) based in Beachwood, OH, with hybrid work options available.
  • The expected annual salary for this position ranges from $113,000 to $165,000, depending on the candidate's skills and experience.
  • Candidates must have a Bachelor’s degree and a minimum of 5 years of progressive accounting experience, including public accounting or corporate roles.
  • The role involves ensuring compliance with US GAAP (ASC 606), performing contract reviews, and supporting monthly close activities, among other responsibilities.
  • Eaton is committed to equal employment opportunities and encourages qualified applicants with arrest or conviction histories to apply.

Eaton’s Corporate Sector division is currently seeking a Revenue Recognition Center of Excellence (COE) Specialist. 

The expected annual salary range for this role is $113000 - $165000 a year.  

Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations. 

What you’ll do:

We are currently seeking a Specialist Revenue Recognition Center of Excellence (COE). This position is based at our North American HQ in Beachwood, OH with hybrid work available. If candidates are not located within a 50 mile radius of Beachwood, OH relocation will be considered within the continental US. 

Position Overview:
The Revenue Recognition COE Specialist ensures accurate US GAAP (ASC 606) revenue recognition for organizational arrangements. This role handles complex revenue accounting, including contract review, monthly close, and journal entries, while maintaining compliance with company policies and SOX controls and supporting process and system improvements. You will work closely with the CoE leadership, Finance, and IT to maintain accurate revenue reporting and assist with automation initiatives. 

Job Responsibilities:
•    Support Senior Analysts with preparing and posting revenue-related journal entries in compliance with ASC 606.
•    Perform contract review and identify performance obligations for standard and non-standard arrangements.
•    Calculate and allocate transaction price, including SSP analysis and variable consideration estimates.
•    Partner with the business and operations finance teams to determine percent complete/milestones and project margins to ensure accurately and timely recognition.
•    Reconcile revenue subledger to the general ledger and investigate variances.
•    Support monthly and quarterly close activities, ensuring accuracy and timeliness.
•    Maintain documentation for SOX controls and assist in audit requests.
•    Ensure adherence to company revenue recognition policies and procedures.

Qualifications:

Required (Basic) Qualifications:
•    Bachelor’s degree from an accredited institution required.
•    Minimum 5 years of progressive accounting experience, including public accounting or accounting corporate roles.
•    Must be able to work in the United States without corporate sponsorship now and within the future.

Preferred qualifications:
•    Masters degree.
•    CPA or equivalent 

Skills:

Position Criteria:
•    Working knowledge of ASC 606 principles and application; strong technical accounting skills.
•    Strong analytical and problem-solving skills.
•    Ability to communicate complex accounting concepts in clear, business-friendly language.
•    Advanced proficiency in Excel and ERP systems (SAP, Oracle) and revenue automation tools.
•    Advanced proficiency with visualization tools (Power BI, Tableau) and process automation.
•    Attention to detail.
•    Ability to manage multiple priorities in a fast-paced environment.

All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates’ privacy rights and data security will be protected in accordance with applicable laws. 

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

Eaton believes in second chance employment. Qualified applicants with arrest or conviction history will be considered regardless of their arrest or conviction history, consistent with the Los Angeles County Fair Chance Ordinance, the California Fair Chance Act and other local laws.

You do not need to disclose your conviction history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if Eaton is concerned about conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.

To request a disability-related reasonable accommodation to assist you in your job search, application, or interview process, please call us at 1-800-836-6345 to discuss your specific need. Only accommodation requests will be accepted by this phone number.

We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.