The Revenue Recognition Technical Program Office is a diverse and high-performing team of motivated professionals who apply deep technical accounting and finance expertise to help Oracle stakeholders structure and execute strategic customer transactions that maximize revenue while mitigating risk.

The team’s responsibilities include active participation in strategic contract reviews, technical accounting assessments of Oracle programs, and analysis of evolving regulatory developments. It also provides technical accounting advisory support to the Global Revenue Recognition organization.

As a member of this team, you will play a critical role in upholding Oracle’s fiduciary standards by ensuring that revenue is recognized in full compliance with U.S. GAAP (primarily ASC 606 and ASC 842) and in alignment with Oracle’s Revenue Recognition, Internal Controls, Finance & Accounting, and Business Practices policies.

Revenue Recognition Mission

We promote consistent revenue recognition practices through collaboration with our stakeholders, training and development, and continuous improvement of our processes, all while remaining committed to our responsibility as business fiduciaries.

As a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s challenges. We’ve partnered with industry-leaders in almost every sector—and continue to thrive after 40+ years of change by operating with integrity.

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Oracle careers open the door to global opportunities where work-life balance flourishes. We offer competitive benefits based on parity and consistency and support our people with flexible medical, life insurance, and retirement options. We also encourage employees to give back to their communities through our volunteer programs.

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Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.

Looking for Director of Revenue Recognition with strong ASC 606 technical knowledge and cloud business model experience who enjoys working in a fast paced and constantly evolving environment.

Disclaimer:

Certain US customer or client-facing roles may be required to comply with applicable requirements, such as immunization and occupational health mandates.

Range and benefit information provided in this posting are specific to the stated locations only

US: Hiring Range in USD from: $139,400 to $291,800 per annum. May be eligible for bonus, equity, and compensation deferral.

Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle’s differing products, industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.

Oracle US offers a comprehensive benefits package which includes the following:
1. Medical, dental, and vision insurance, including expert medical opinion
2. Short term disability and long term disability
3. Life insurance and AD&D
4. Supplemental life insurance (Employee/Spouse/Child)
5. Health care and dependent care Flexible Spending Accounts
6. Pre-tax commuter and parking benefits
7. 401(k) Savings and Investment Plan with company match
8. Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
9. 11 paid holidays
10. Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
11. Paid parental leave
12. Adoption assistance
13. Employee Stock Purchase Plan
14. Financial planning and group legal
15. Voluntary benefits including auto, homeowner and pet insurance

The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.

Career Level - M4

RESPONSIBILITIES:

Research and document the revenue recognition treatment of new Oracle programs and impact of regulatory changes, referencing relevant accounting literature and industry best practices.
Analyze and present complex accounting issues and their financial and operational impacts (including internal control implications) to executives, external auditors, and cross-functional Oracle teams.
Maintain up-to-date knowledge of developments in GAAP and other regulations affecting revenue recognition.
Partner closely with business leaders from initial deal concept through final revenue recognition for strategic AI transactions.
Assist in maintain and updating Oracle’s Revenue Recognition Policies and technical accounting memoranda.
Advise the global revenue recognition team on complex accounting considerations in customer contracts.
Collaborate with the GVP of Global Revenue Recognition, the CAO Office, external auditors, and sales management to ensure consistent application of policies and effective governance.

PERSONAL SKILLS:

Proven background in Big 4 accounting or advisory, with strong exposure to complex accounting issues.
Demonstrated revenue recognition management experience within a cloud services or organization.
Strong technical accounting expertise, with the ability to interpret and apply accounting standards to complex and novel business scenarios.
Skilled in researching, documenting, and presenting technical accounting conclusions to both accounting and non-accounting stakeholders.
Exceptional influencing, communication, and persuasion skills across all organizational levels.
Excellent decision-making and problem-solving abilities, with sound professional judgment.
Effective leadership and people management capabilities; a collaborative and supportive team player.
Strong ability to prioritize multiple, competing tasks and maintain high attention to detail in a fast-paced, demanding environment.
Comfortable managing relationships and maintaining engagement with global internal and external stakeholders in a remote work setting.
Highly customer-focused, results-driven, and proactive in achieving objectives.
A self-starter with the ability to work both independently and collaboratively.
Strong organizational awareness and the ability to identify and recommend process improvements in a dynamic business environment.
Fluent in English (written and spoken) is essential

QUALIFICATIONS:

CPA or equivalent with a minimum of 9+ years revenue recognition and accounting US GAAP experience
In depth knowledge of and significant experience in the application of ASC 606 to complex contracts required
Working knowledge of ASC 842 preferred
Business degree, masters or MBA qualification

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