What if the work you did every day could impact the lives of people you know? Or all of humanity?At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.Position Summary:Reporting to the Manager, Revenue Accounting, the Senior Accounting Analyst II, Revenue will play an integral role on the corporate accounting team, working through complex issues, transactions, and projects independently as well as collaboratively with other finance and cross functional team members. The successful candidate will be able to work and communicate effectively in a team environment, interacting with all levels of our organization, international team members, and internal and external auditors.Responsibilities:Support the Manager, Revenue Accounting in the application of the company’s Revenue Recognition Policy and all related accounting policies and procedures; includes performing month-end account analysis, reconciliations, journal entry postings, and quarterly presentations. Review complex contracts to assess proper revenue treatment in accordance with ASC 606.Participate in quarterly revenue projection meetings and activities.Perform fair value analyses for multiple element arrangements.Record revenue accruals and ad-hoc entries as part of the monthly close process.Analyze and maintain balance sheet accounts related to revenue and perform monthly and quarterly reconciliation and review procedures.Perform quarterly delivery cutoff and acceptance review procedures and record periodic cutoff deferrals.Prepare and maintain journal entry support and account reconciliations.Responsible for maintaining internal control narratives and testing documentation for areas of responsibility.Participate in quarterly reviews and annual audit, and coordinate with internal and external auditors.Partner and collaborate with other FP&A customers and stakeholders on revenue accounting treatments for complex arrangements.Drive process improvement initiatives by applying strong analytical, communication, collaboration, and problem-solving skills.Work within a team structure collaborating and discussing best practices, guidance application and judgmental decisions.Lead training on revenue recognition rules, policies and practices to Sales and other departments within the organization.Requirements:Typically, a minimum of 8 years of experience, background in public accounting is preferred, and corporate accounting experience is a plus.Degreed in accounting or finance.Experience with ASC 606 and other related technical accounting or revenue accounting principles is strongly preferred.Experience with SAP (or equivalent ERP system) and Blackline accounting close software is preferred.Foreign exchange experience is a plus.CPA certificate and relevant industry accounting experience is a plus, but not required.Ability to effectively work within a team to expedite completion of critical projects with other functional groups. Must bring a process improvement mindset.Demonstrate a commitment to accuracy and quality, while meeting goals and tight deadlines; superior attention to detail is a must.Must have the ability to prioritize workload and perform multiple tasks under accelerated deadlines.Must be flexible in terms of adjusting schedule to meet various demands driven by our dynamic business environment.Knowledge of US GAAP and SEC reporting regulations.Proficient with Microsoft Office Suite, including Word, Excel, and PowerPoint.Strong interpersonal skills and ability to communicate clearly and concisely, both orally and in writing.Experience/Education:Typically requires a minimum of 8 years of related experience with a Bachelor’s degree; or 6 years and a Master’s degree; or a PhD with 3 years experience; or equivalent experience.CPA certificate (or equivalent) and relevant industry accounting experience is a plus, but not required.#LIHybrIllumina believes that everyone has the ability to make an impact, and we are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information.
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