Sr Financial Analyst, Revenue Recognition

Sr Financial Analyst, Revenue Recognition Req ID #:  97484 Location: 

Wilmington, MA, US, 01887 Cambridge, GB, CB2 0BA Tranent, GB, EH33 2NE For 70 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about. Job Summary

The Senior Analyst, Revenue Recognition is responsible for providing revenue recognition consulting to business regarding new business models, M&A due diligence and integration, strategic partnerships as well as reviewing and analyzing contracts, documenting findings, and ensuring proper revenue accounting treatments. Responsible for performing revenue recognition processes for the Revenue Center of Excellence and help drive continuous improvement. Responsibilities

• Analyze and conclude upon complex financial contracts, arrangements and models and extract relevant information through research and consultation; design and/or interpret data needed to support revenue accounting conclusions in compliance with ASC 606

• Document technical revenue accounting conclusions • Draft Revenue Policy to support growing business and changes due to digitization

• Assist with providing guidance and contract interpretation for sales, legal, business units and pricing teams with contract negotiations by participating in discussions, reviewing draft contracts, and providing revenue recognition recommendations

• Perform SOX revenue control testing processes and certifications for specified control areas of the Revenue Center of Excellence and drive improvement

• Aid in preparation of revenue disclosures in the Company’s SEC filings, including MD&A and the revenue related disclosures

• Participate in revenue-related mergers and acquisition activities and integration tasks on behalf of the Revenue Center of Excellence

• Liaise with internal and external auditors on requested documentation and questions for areas of ownership

• Assist in the effort to provide guidance/training with groups outside of corporate accounting, including legal, sales and finance to ensure all sources of revenue are properly reviewed for accounting purposes and processed on a timely basis.

• Perform all other related duties as assigned Qualifications

• Bachelor’s degree (B.A./B.S.) or equivalent in Accounting (preferred) or related discipline. Master’s degree preferred. • 5+ years’ related accounting experience, with 2+ years’ experience in revenue accounting preferred. Public Accounting and experience with multinational operations strongly preferred.

• Strong communication skills (written and oral)

• An equivalent combination of education and experience may be accepted as a satisfactory substitute

for the specific education and experience listed above.

• Occasional travel to be expected. Competencies Collaborate -We collaborate when we partner with each other and promote teamwork, when we communicate clearly and effectively across the hall or around the globe, and when we welcome all forms of diversity and encourage inclusiveness.Own - We act like owners when we hold ourselves accountable for our actions, when we respond to internal and external client needs with speed and accuracy, when we set and achieve meaningful goals, and when we strive towards continuous improvement.Care - We show we care when we respect each other, our animals and the communities where we work and live, when we create a positive healthy workplace, when we are mindful of our compliance standards, and when we choose to do the right thing.Lead - We lead when we advocate our purpose and model our values, when we deliver innovation, when we embrace change, and when we appreciate and celebrate the great work of others.

About Corporate Functions 

The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.

About Charles River

Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients’ clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.

With over 17,000 employees within 90 facilities in 20 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client’s unique challenges. Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world. And in 2019, revenue increased to $2.62 billion.

At Charles River, we are passionate about our role in improving the quality of people’s lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly supported the development of ~85% of the drugs approved by the FDA in 2019.

Equal Employment Opportunity

Charles River Laboratories is an Equal Opportunity Employer - M/F/Disabled/Vet.

If you are interested in applying to Charles River Laboratories and need special assistance or an accommodation due to a disability to complete any forms or to otherwise participate in the resume submission process, please contact a member of our Human Resources team by sending an e-mail message to crrecruitment_US@crl.com. This contact is for accommodation requests for individuals with disabilities only and cannot be used to inquire about the status of applications.

For more information, please visit www.criver.com.

Nearest Major Market: Boston

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