Revenue Recognition, Staff

We Are:

At Synopsys, we drive the innovations that shape the way we live and connect.

Our technology is central to the Era of Pervasive Intelligence, from self-driving cars to learning machines.

We lead in chip design, verification, and IP integration, empowering the creation of high-performance silicon chips and software content.

Join us to transform the future through continuous technological innovation.

You Are: You are a meticulous and collaborative accounting professional, passionate about leveraging your expertise in revenue recognition to drive business excellence.

With a strong foundation in accounting principles and recent experience in revenue accounting for software or cloud-based offerings, you thrive in fast-paced environments and enjoy solving complex challenges.

Your CA qualification and bachelor’s degree in Accounting, Finance, or a related field provide a solid base for your analytical approach, while your proficiency in SAP/RAR and MS Excel enables you to manage and interpret financial data with accuracy and clarity.

You are adept at reviewing contracts for compliance, understanding the nuances of ASC 606, and supporting month-end close activities with precision.

As a team player, you communicate effectively across functions, contribute ideas for process improvements, and are comfortable working flexible hours to support global operations.

Your attention to detail, ability to interpret contractual terms, and readiness to assist with audits make you a valued contributor to the finance organization.

If you are driven by operational excellence and continuous learning, and want to be part of a transformative, high-tech environment, Synopsys is the place for you.

What You’ll Be Doing:

• Managing month-end revenue close activities, including reviewing non-routine transactions and performing accounting assessments.
• Preparing journal entries, reconciliations, disclosures, and related documentation for revenue accounts.
• Reviewing software and sales contracts for compliance and revenue recognition implications under ASC 606.
• Supporting ad hoc revenue and billing analyses to inform business decisions.
• Maintaining internal control documentation and contributing to process enhancements.
• Assisting with internal and statutory audits, ensuring accurate and timely responses.
• Interpreting contractual terms and ensuring appropriate application of revenue recognition policies.
• Performing monthly balance sheet reconciliations for revenue-related accounts in accordance with GAAP.
• Identifying actionable insights to improve accounting processes and operational efficiencies.
• Collaborating cross-functionally to drive process improvements, best practices, and automation initiatives.

The Impact You Will Have:

• Ensuring accurate and timely revenue recognition, supporting Synopsys’s financial integrity.
• Delivering insights that drive operational and process improvements across finance and business teams.
• Enhancing compliance and internal controls, safeguarding against risks and errors.
• Supporting strategic decision-making through detailed revenue and billing analyses.
• Facilitating successful audits and maintaining transparent documentation.
• Driving automation initiatives that streamline accounting processes and increase efficiency.
• Fostering collaboration across departments to align revenue practices with business objectives.
• Contributing to Synopsys’s reputation for excellence in financial management and reporting.

What You’ll Need:

• Recent experience as a Revenue Accountant or Assistant Revenue Manager in a software organization.
• CA qualification and a bachelor’s degree (or higher) in Accounting, Finance, or a related field.
• Minimum 4 years of corporate finance experience, including 2-3 years in revenue accounting for software or cloud-based offerings.
• Strong proficiency with SAP/RAR or other ASC 606 revenue models.
• Advanced MS Office skills, particularly Excel, for data analysis and reporting.
• Ability to work flexible hours (swing shift or PST) to support closing cycles and ad hoc requests.
• Excellent communication skills and the ability to work effectively across teams.

Who You Are:

• Detail-oriented and analytical, with strong problem-solving abilities.
• Collaborative team player, able to build relationships across departments.
• Adaptable and proactive, comfortable with shifting priorities and deadlines.
• Effective communicator, able to present financial information clearly.
• Committed to continuous learning and professional development.
• Ethical and trustworthy, maintaining high standards of integrity and confidentiality.

The Team You’ll Be A Part Of:

You’ll join our dynamic COE finance organization in Bangalore, working alongside talented professionals dedicated to operational excellence and innovation. Our team focuses on revenue accounting, compliance, and process improvements, collaborating with global colleagues to support Synopsys’s business objectives. Together, we foster an environment of learning, growth, and mutual support where your contributions will have a direct impact on the company’s success.

Rewards and Benefits:

We offer a comprehensive range of health, wellness, and financial benefits to cater to your needs. Our total rewards include both monetary and non-monetary offerings. Your recruiter will provide more details about the salary range and benefits during the hiring process.