Commercial Contracting Controller - Microsoft Corporation

Microsoft is looking for a highly motivated, collaborative individual to join a growing Corporate Accounting Controllership Team as a Services Project Accounting Controller. Microsoft Services is dedicated to delivering on Microsoft's mission to empower every person and every organization on the planet to achieve more - to help customers and partners get the most out of their technological investments. This is a fantastic opportunity for an experienced accounting professional to work in a high performing team at a world class company. The Commerce Controllership team?is responsible for ensuring accurate financial reporting and internal controls. This Commercial Contracting Controller role will be focused on driving Controllership, Financial Close and Compliance functions for Regulated Industries. The Commercial Contracting Controller will be responsible for ensuring accuracy and integrity in the accounting treatment of all Services contracts, revenue recognition and the associated financial reporting. The Commercial Contracting Controller will lead the month end close calendar and coordination across multiple teams to ensure all accounting adjustments are reflected accurately in the books and records of Microsoft. The Commercial Contracting Controller role will work closely with multi-functional Finance teams including finance operations, tax, trade, controllership and accounting. Additionally, performing contract and amendment reviews to ensure appropriate revenue recognition according to US GAAP and ASC 606. To be successful in this Commercial Contracting Controller role, you will need to have superb Finance or Accounting knowledge and experience leading an organization from a Controller or similar role. Significant experience with US GAAP; as well as the Federal Acquisition Regulation are essential for this Commercial Contracting Controller role. Being results oriented will ensure you not only keep pace with this rapidly evolving organization, but also play a pivotal role in leading transformation across the business. The Services Controllership team contributes directly to this mission by designing and delivering financial capabilities for compliant, scalable and profitable growth. **Responsibilities** Contract Reviews & Technical Consultations + Develop an understanding of end-to-end processes, data flows, control environment, and financial systems supporting Contract Service revenue. + Review contractual arrangements in accordance with US GAAP and ASC 606 to identify language that may require non-standard accounting treatment. + Partner with Commercial Revenue Recognition, Business Desk and Corporate Accounting on determination of appropriate accounting treatments related to unique and complex contract terms and identifies adjustments to Revenue/Unearned positions (e.g. Credit/Rebill) + Work with Corporate Accounting, the corporate licensing group, services business groups, sales teams and operations groups to understand and resolve issues identified in the contractual arrangement reviews and financial reporting. General Close, Compliance & Accounting Activities + Review accounting records in compliance with accounting policies within SAP and Microsoft systems and execute controls including but not limited to ensuring accurate setup according to GAAP policies, execution of key financial controls and performing analysis and interpretation of contract and revenue financials. + Month End Close: Manage the monthly fiscal close process, submitting journal entries, perform manual adjustments calculations, managing critical reconciliation procedures, and providing reporting results with variance commentary to convey the business story. + Financial Reporting: Provide accurate and timely information to business partners highlighting results, key drivers, risks and opportunities, and dependencies. Manage contract financials within SAP and Microsoft systems and executes controls including but not limited to ensuring accurate setup, execution of key financial controls, analysis and interpretation of the project financials and project closure. + Complete month-end close analysis reviews, own content for Monthly Business Review leadership presentations, and assist in internal and external audit queries. Highlight opportunities to automate and improve reporting processes within the confines of available tools. + Review revenue attribution in system and confirm changes for reporting + Anticipate and act on key risk & opportunities, and support business partners by understanding and communicating key adjustments. + Assist with internal and external audit queries on revenue recognition Additional Core Responsibilities + Monitor and analyzing key performance indicators during the month. These KPIs form the backbone of the financial review process and are used to drive overall compliance and project health across the portfolio + Analyze and present complex financial/accounting information in simple terms, presenting conclusions and recommendations to leaders across the organization (e.g., Financial Controller, Overall Finance Lead) + Maintain current knowledge of relevant laws, regulations, policies, and procedures + Develop and oversight of correspondent procedures and controls in accordance with MS accounting policies, SOX requirements, Federal Acquisition Regulation and Defense Federal Acquisition Regulation Supplement + Design and execute manual processes to bridge any system gaps that are both planned and unplanned. + Drive the design, implementation, and testing of new features and system functionality by partnering with Financial System Engineering team to ensure all financial reporting and compliance requirements are met. + Drive end to end risk assessment activities and investigations of identified system and financial issues within the end-to-end reporting processes. Work proactively with various business and engineering partners to solve open issues and ensure risks are mitigated with appropriate financial processes and have sound internal controls in place. Drive process and systems enhancements through targeted initiatives to drive efficiency, effectiveness, and scalability for the new organization Other + Embody our culture and values **Qualifications** Required/Minimum Qualifications + Bachelor's Degree in Business, Accounting /Finance, or related field AND 4+ years accounting or finance experience + OR Master's Degree in Business, Accounting /Finance, or related field AND 3+ years accounting or finance experience + OR equivalent experience **Other Requirements:** This position requires verification of citizenship due to citizenship-based legal restrictions. Specifically, this position supports United States federal, state, and/or local government agency customers and is subject to certain citizenship-based restrictions where required or permitted by applicable law. To meet this legal requirement, and as a condition of employment, the successful candidate's citizenship will be verified with a valid passport. Additional/Preferred Qualifications: + Professional accounting certification such as Certified Public Accountant (CPA) or equivalent. + Services and support project accounting experience preferred. + ASC 606 experience/practical application + Professional accounting certification such as Certified Public Accountant (CPA) or equivalent. + US Government (USG) contractor or employee experience preferred. + Demonstrated ability to think creatively and effectively in an ambiguous and changing environment. + Detail oriented & thorough, with ability to think "big picture" and understand the key trends and levers that drive the business. + Ability to manage multiple projects and priorities and re-prioritize as necessary to align with current business objectives. + Proficient controls and compliance experience. + Experience working with SAP, Dassian, iCertis and/or project accounting modules of leading ERP solutions preferred. Accounting IC4 - The typical base pay range for this role across the U.S. is USD $94,600 - $183,800 per year. There is a different range applicable to specific work locations, within the San Francisco Bay area and New York City metropolitan area, and the base pay range for this role in those locations is USD $122,000 - $200,500 per year. Certain roles may be eligible for benefits and other compensation. Find additional benefits and pay information here: https://careers.microsoft.com/us/en/us-corporate-pay Microsoft will accept applications for the role until October 24, 2024. Microsoft is an equal opportunity employer. Consistent with applicable law, all qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application process, read more about requesting accommodations (https://careers.microsoft.com/v2/global/en/accessibility.html) .