BEST IN SYSTEMS TECHNOLOGY RESEARCH & DEVELOPMENT CORPORATIONS is hiring a
Financial Accountant in Worldwide

Summary

The job description is for a Stock Plan Administrator who will manage the company's stock plan administration, lead revenue recognition determinations, and perform monthly analysis and reconciliations. The position requires at least 3-5 years of experience in stock administration or a related field, knowledge of equity award tax implications, demonstrated experience determining proper Revenue Recognition treatment under ASC-606, excellent communication skills, ability to work with various stakeholders, proficiency in equity administration software (ideally Shareworks) and Microsoft Excel, and the ability to obtain a security clearance.

Requirements

• At least 3-5 years of experience in stock administration, or a related field, including restricted stock units (RSUs), incentive stock options (ISOs), and non-qualified stock options (NQOs)
• Knowledge of equity award tax implications, and tax reporting requirements
• Demonstrated experience determining proper Revenue Recognition treatment under ASC-606
• Excellent communication skills and ability to work with various stakeholders, including employees, managers, and external vendors
• Ability to self-motivate and work effectively to manage multiple projects and within strict time constraints
• Strong analytical, decision-making, and organizational skills, high integrity, and detail-oriented
• Ability to work independently with little supervision as well as collaboratively as a member of the accounting team
• Proficiency in equity administration software (ideally Shareworks) and Microsoft Excel
• Certified Equity Professional (CEP) designation preferred
• Experience with Deltek Costpoint financial applications
• This position requires the ability to obtain a security clearance, for which U.S. citizenship is needed by U.S. Government

Responsibilities

• Manage and administer the company's equity plans, including maintaining the equity database, performing day-to-day operations of stock activities, partnering with HR, Payroll, external CPA and Legal teams, supporting ad-hoc and period-end reporting for stock activity, managing the equity plan budget, staying current on regulatory changes and market trends related to stock administration and equity compensation
• Manage revenue recognition procedures in accordance with the ASC 606 Revenue Recognition standard, including determination of contract performance obligations, appropriate revenue recognition method, compiling supporting documentation and inputs from key stakeholders, review and approval of proposed revenue recognition method with Financial Accounting, collaborating with stakeholders to ensure revenue formulas are setup properly on projects within the accounting system in-line with contractual requirements and revenue determination, review monthly revenue calculations for accuracy, investigate and document discrepancies, and provide path towards resolution to key stakeholders
• Assist in the preparation and recording of reclassifying adjusting journal entries each month, assist with the monthly account reconciliations for various general ledger accounts, assist with entering and posting journal entries to the general ledger

Benefits

The salary range for this role is $90-115k