Senior Group Technical Accounting & Reporting Specialist, Revenue Recognition

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Your role and responsibilities

As the Senior Group Technical Accounting & Reporting (A&R) Specialist, Revenue Recognition, you will be reporting to the Head of Technical Accounting of the ABB Group, headquartered in Switzerland. With a primary focus on revenue recognition, you will be ensuring a true and fair view of financial data provided to all stakeholders of ABB in compliance with the ABB Accounting & Reporting Policies based on U.S. Generally Accepted Accounting Principles (US GAAP). Furthermore, you will be ensuring efficient operation of group A&R revenue related processes to facilitate timely and accurate preparation of Group reporting in line with the latest regulatory requirements: • Primarily responsible for serving as the Group revenue recognition subject matter expert, collaborating with global business contacts to determine the appropriate treatment of complex sales transactions. • Responsible for operational execution and processes of the ABB Group, including the project management and definition of ABB’s revenue contract review governance framework. • Researching revenue recognition technical accounting matters and preparing revenue recognition technical accounting memos for internal stakeholders and the external auditors. • Leading role in group-wide projects with focus on continuous improvement of A&R, including the implementation of updates to US GAAP standards. • Organizing and facilitating internal and external training on revenue recognition accounting and reporting related matters. • Designing and maintaining internal controls over financial reporting and performing control activities in the respective area of responsibility. • First point of contact for the group external auditors. The work model for the role is: {hybrid} {insert Linkedin #}

Qualifications for the role

• University degree in Finance, Accounting or Business Administration, Master’s degree preferred.
• Subject matter expert in ASC 606 revenue recognition.
• U.S. Certified Public Accountant (CPA) coupled with a minimum of five years of experience in technical accounting and financial reporting according to US GAAP standards.
• International work experience obtained in a multinational company in the industrial sector.
• Fluent in English, other languages are an added advantage.
• Excellent oral and written communication skills with the ability to deliver clear and concise guidance, instructions, and trainings to subsidiaries, other Group functions and Business Areas.
• Demonstrated ability to establish effective working relationships with personnel at different organizational levels / geographies while contributing to a motivated, dynamic and fast paced team.

More about us

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