Manager of Revenue Technical Accounting, Colorado
Company: Lumen
Location: Broomfield
Posted on: April 10, 2021
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Job Description:
*About Lumen*
Lumen is guided by our belief that humanity is at its best when
technology advances the way we live and work. With 450,000 route
fiber miles serving customers in more than 60 countries, we deliver
the fastest, most secure global platform for applications and data
to help businesses, government and communities deliver amazing
experiences. Learn more about Lumen's network, edge cloud, security
and communication and collaboration solutions and our purpose to
further human progress through technology at news.lumen.com,
LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook:
/lumentechnologies, Instagram: @lumentechnologies and YouTube:
/lumentechnologies.
* The Role*
This position supports Lumen's global technical accounting matters
related to revenue recognition, ensuring that all accounting
policies and practices associated with revenue and related
financial account balances are in accordance with U.S. generally
accepted accounting principles (U.S. GAAP). Activities for this
role include maintaining a thorough understanding of current
accounting pronouncements and emerging issues (including Accounting
Standards Codification ("ASC") 606, 842, and 326), acquiring and
reviewing "non-standard" contracts, applying the appropriate
accounting guidance when preparing accounting memos (prescribing
specific/detailed accounting treatment for customer and lessor
contracts and incorporating into the Company's revenue recognition
policies as needed), presenting prescribed accounting treatments
(technical memos) to the Senior Director of Revenue Accounting and
Reporting, Assistant Controller and Controller, maintaining a
non-standard contract review and sign-off log, and guiding/training
Revenue Accounting and regional accounting team members in the
proper accounting for non-standard contracts (i.e. operationalizing
the systems/processes/policies necessary for non-standard contract
accounting).
* The Main Responsibilities*
* Provides clear, concise technical guidance on new and emerging
accounting and reporting issues from regulatory bodies (FASB,
AICPA, SEC, NAIC, and IASB) to internal business partners and
management where there are implications for Lumen revenue
accounting.
* Leads/assists business in implementing new requirements to
facilitate proper revenue accounting treatment, including any
changes in accounting principles, policies or estimates
* Provides technical accounting guidance to global business areas
(NA, APAC, EMEA and LATAM) related to transactions and/or other
relevant circumstances or events. Areas of research may include but
are not limited to: M&A activity, complex investment/sale
transactions, capacity and exchange agreements, and evaluation of
appropriate accounting for long-term contracts or amendments
thereto
* Responsible for collaborating with the SEC Reporting and Business
Process teams to update accounting policies and Lumen's technical
research database for recent developments and research work
performed
* What We Look For in a Candidate*
* Certified public accountant (CPA) required (with an active
license preferred).
* Has a strong understanding of current U.S. GAAP and SEC financial
reporting requirements (including ASC 606, 842 and 326
requirements) and familiarity with IFRS financial reporting
requirements, with comprehensive knowledge and experience with
revenue recognition, lease and credit loss accounting concepts and
guidance.
* Has strong analytical skills and excellent written and verbal
communication skills, and is able to clearly and articulately
present the company's views and opinions to internal contacts as
well as auditors and other external contacts.
* Is 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.
* Should have a high level of integrity and ability to work
effectively in a cross-functional, team-oriented environment to
achieve desired results.
* Is able 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 in creative ways.
* Experience/Education*
* 6 yrs (with at least 3 years of public accounting experience)
* Education Level: Bachelor's Degree
* Field of Study: Accounting
Requisition #: 248113
When applying for a position, you may be subject to a background
screen (criminal records check, motor vehicle report, and/or drug
screen), depending on the requirements for the position.
Job-related concerns noted in the background screen may disqualify
you from the new position or your current role. Background results
will be evaluated on a case-by-case basis.
* EEO Statement*
We are committed to providing equal employment opportunities to all
persons regardless of race, color, ancestry, citizenship, national
origin, religion, veteran status, disability, genetic
characteristic or information, age, gender, sexual orientation,
gender identity, marital status, family status, pregnancy, or other
legally protected status (collectively, "protected statuses"). We
do not tolerate unlawful discrimination in any employment
decisions, including recruiting, hiring, compensation, promotion,
benefits, discipline, termination, job assignments or training.
* Disclaimer*
The above job definition information has been designed to indicate
the general nature and level of work performed by employees within
this classification. It is not designed to contain or be
interpreted as a comprehensive inventory of all duties,
responsibilities, and qualifications required of employees assigned
to this job. Job duties and responsibilities are subject to change
based on changing business needs and conditions.
* Salary Range*
Salary Min $71460 Salary Max $159120
This information reflects the anticipated base salary range for
this position based on current national data. Minimums and maximums
may vary based on location. Individual pay is based on skills,
experience and other relevant factors.
This position is eligible for either short-term incentives or sales
compensation. Director and VP positions also are eligible for
long-term incentive. To learn more about our bonus structure, you
can view additional information here. We're able to answer any
additional questions you may have as you move through the selection
process.
As part of our comprehensive benefits package, Lumen offers a broad
range of Health, Life, Voluntary Lifestyle and other benefits and
perks that enhance your physical, mental, emotional and financial
wellbeing. You can learn more by visiting
https://lumenbenefits.com.
Note: For union-represented postings, wage rates and ranges are
governed by applicable collective bargaining agreement
provisions.
Salary Range *Salary Min : *71460
* Salary Max : *159120
This information reflects the anticipated base salary range for
this position based on current national data. Minimums and maximums
may vary based on location. Individual pay is based on skills,
experience and other relevant factors.
This position is eligible for either short-term incentives or sales
compensation. Director and VP positions also are eligible for
long-term incentive. To learn more about our bonus structure, you
can view additional information[
here.](https://jobs.lumen.com/global/en/compensation-information)
We're able to answer any additional questions you may have as you
move through the selection process.
As part of our comprehensive benefits package, Lumen offers a broad
range of Health, Life, Voluntary Lifestyle and other benefits and
perks that enhance your physical, mental, emotional and financial
wellbeing. You can learn more by clicking [
here.](https://centurylinkbenefits.com)
Note: For union-represented postings, wage rates and ranges are
governed by applicable collective bargaining agreement
provisions.
Salary Range *Salary Min : *71460
* Salary Max : *159120
This information reflects the base salary pay range for this job
based on current national market data. Ranges may vary based on the
job's location. We offer competitive pay that varies based on
individual experience, qualifications and other relevant factors.
We encourage you to apply to positions that you are interested in
and for which you believe you are qualified. To learn more, you are
welcome to discuss with us as you move through the selection
process.
Keywords: Lumen, Broomfield , Manager of Revenue Technical Accounting, Colorado, Executive , Broomfield, Colorado
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