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Revenue Accountant

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Date: Apr 12, 2021

Location: San Francisco, US

Company: Dolby Laboratories, Inc.

Join the leader in entertainment innovation and help us design the future. At Dolby, science meets art, and high tech means more than computer code. As a member of the Dolby team, you’ll see and hear the results of your work everywhere, from movie theaters to smartphones. We continue to revolutionize how people create, deliver, and enjoy entertainment worldwide. To do that, we need the absolute best talent. We’re big enough to give you all the resources you need, and small enough so you can make a real difference and earn recognition for your work. We offer a collegial culture, challenging projects, and excellent compensation and benefits.

 

 

Summary

The Revenue Accounting team is responsible for capturing, recognizing, distributing, and accurately reporting on our global licensing, products, and services businesses which account for the majority of Dolby’s overall revenue. The Revenue Accountant will be responsible for accurate, timely, and efficient revenue accounting for their assigned area.  The Accountant will be expected to perform complex accounting work with minimal supervision, requiring full professional competency at the non-managerial level, and the ability to interface with external customers and licensees to determine appropriate revenue treatment. The Accountant may research, devise, and implement procedures for their assigned area, requiring advanced knowledge of complex accounting principles and the ability to partner with finance colleagues. The Accountant may be required to coordinate with IT to resolve system issues and develop process improvements.  This position will regularly review the work of peers and other team members and may direct the work of temporary and/or more junior accountants.

 

Essential Job Functions:

  • Review and analyze transactions to ensure accurate revenue treatment, determine third-party royalty payments, etc. in accordance with existing contracts. In the case of new deals or contracts, research and validate appropriate treatment.
  • Reconcile accounts related to revenue, such as revenue, deferred revenue, accounts receivable, unrecognized revenue, expense accruals related to third party payments, cost of sales, and other accounts as needed
  • Perform various closing duties for assigned area and other areas as needed, including preparation of analyses, reconciliations, system functions, etc. Work must be performed with sufficient accuracy and autonomy to ensure compliance with quarter-close SOX controls.
  • Resolve any systems issues affecting assigned area and partner with IT on development and most efficient use of SAP
  • Assist external and internal auditors as deemed necessary
  • Collaborate and partner with cross functional teams to influence best practices
  • Prepare internal executive review summaries for quarterly senior management financial statement review procedures
  • Special projects as assigned

 

Requirements:

  • BS in Accounting preferred, with 2-3 years of relevant experience within a large public company or a Big Four accounting firm
  • Working knowledge of US GAAP, including revenue recognition accounting literature (ASC 606, Revenue from Contracts with Customers)
  • Excellent written and verbal communication skills
  • High degree of accuracy and attention to detail
  • Proven ability to meet deadlines
  • Intellectually curious with a strong desire to learn
  • Ability to work independently with frequent interruptions and changes in priorities
  • Excellent computer skills; MS Office proficiency and efficiency required, especially MS Excel which is heavily used to complete many of the job functions listed above
  • SAP experience highly desired

 

Dolby will consider qualified applicants with criminal histories in a manner consistent with the requirements of San Francisco Police Code, Article 49, and Administrative Code, Article 12

 

Equal Employment Opportunity:
Dolby is proud to be an equal opportunity employer. Our success depends on the combined skills and talents of all our employees. We are committed to making employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, family status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions or any other classification protected by federal, state, and local laws and ordinances.

 

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Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland