Technical Accounting Manager

$94,420 - $125,890/Yr

Lumen Technologies - Salt Lake City, UT

Full-time - Mid Level

Remote - Salt Lake City, UT

Telecommunications

About the position

This position at Lumen supports global technical accounting matters related to revenue recognition, ensuring compliance with U.S. GAAP. The role involves understanding current accounting pronouncements and emerging issues, reviewing non-standard contracts, preparing accounting memos, presenting prescribed accounting treatments, maintaining a contract review log, and guiding/training others in proper accounting for non-standard contracts. The ideal candidate is a CPA with at least 6 years of experience, including 3 years in public accounting, and has a strong understanding of U.S. GAAP and SEC financial reporting requirements, as well as excellent analytical, communication, and teamwork skills. The Technical Accounting Manager will provide technical guidance on new and emerging accounting and reporting issues, lead and assist the business in implementing new requirements, and provide ASC 606 trainings. This role will also involve consulting with product, legal, sales, and other teams over revenue treatment for new or non-standard agreements, providing technical accounting guidance to global business areas, collaborating with the SEC Reporting and Business Process teams, and assisting with quarterly analysis and reviews. Additionally, the manager will lead and assist the business in recording and documenting the quarterly credit losses estimate.

Responsibilities

• Providing technical guidance on new and emerging accounting and reporting issues.
• Leading/assisting business in implementing new requirements.
• Providing ASC 606 trainings.
• Consulting with product, legal, sales, etc. teams over revenue treatment for new or non-standard agreements.
• Providing technical accounting guidance to global business areas.
• Collaborating with the SEC Reporting and Business Process teams.
• Assisting with quarterly analysis and reviews.
• Leading/assisting business in recording and documenting the quarterly credit losses estimate.

Requirements

• Has a strong understanding of current U.S. GAAP and SEC financial reporting requirements (including ASC 606, 842 and 326 requirements).
• Comprehensive knowledge and experience with revenue recognition, lease and credit loss accounting concepts and guidance.
• Strong analytical skills and excellent written and verbal communication skills.
• Ability to clearly and articulately present the company's views and opinions to internal contacts as well as auditors and other external contacts.
• Deadline-focused with the ability to understand how the details impact the overall reporting.
• Self-motivated with the ability to work in a fast-paced environment and learn new systems and reporting tools.
• High level of integrity and ability to work effectively in a cross-functional, team-oriented environment.
• Ability to use wide-ranging experience and specialized knowledge of technical principles, theories, and concepts in the area of revenue recognition to resolve highly unique and complex business and accounting issues.

Nice-to-haves

• Certified Public Accountant (CPA)
• 6 years of experience (with at least 3 years of public accounting experience)
• Bachelor's Degree in Accounting.

Benefits

• Health insurance coverage
• Life insurance coverage
• Voluntary lifestyle benefits
• Short-term incentives or sales compensation
• Long-term incentive eligibility for Director and VP positions
• Comprehensive benefits package enhancing physical, mental, emotional, and financial wellbeing.