Sr. Technical Accountant

Job Description

Xylem |ˈzīləm|

1) The tissue in plants that brings water upward from the roots.

2) a leading global water technology company.

Xylem, a leading global water technology company dedicated to solving the world’s most challenging water issues, is the leading global provider of efficient, innovative, and sustainable water technologies improving the way water is used, managed, conserved, and re-used. Our international team is unified in a common purpose: creating advanced technology and other trusted solutions to solve the world’s water challenges. We are committed to creating an organization of inclusion and diversity, where everyone feels involved, respected, valued and connected, and where everyone is free to bring their authentic selves and ideas.

If you are excited and passionate about helping us #letssolvewater, we want to hear from you! For more information, please visit us at www.xylem.com​.

We Offer You More Than Just “A Job”

• Professional Development – To advance the capabilities of our people, we offer a wide variety of experiences to support our employees’ professional growth and continuous learning.
• Total Rewards – We offer comprehensive programs for compensation, benefits, recognition, learning and development, work-life integration, and corporate citizenship.
• Watermark – Watermark is our corporate social responsibility program working to provide education and access to safe water to ensure healthy lives, gender equality, and resilient communities. Employees have the opportunity to learn and volunteer on various water-related projects.
• Employee Networks – Our Employee Networks provide a professional, supportive network for employees from diverse backgrounds, including Women’s, LGBT+ and Allies, Veteran’s, People of Color and Allies, Hispanic Origin & Latin Affinity, Emerging Leaders, and Working Parents Networks.

The Role:

Xylem seeks to hire a Sr Technical Accountant senior to join their accounting team. This position will be primarily responsible for providing technical analysis over complex transactions and reviewing revenue contracts. This role works directly with senior accounting leadership, Legal and Sales to structure contracts, evaluate the executed documents, prepare a conclusion, and record the outcome into the Company’s contract management system and automated revenue system.

This position can be based in one of the following locations with some remote work flexibility: Morrisville, NC; Charlotte, NC, Atlanta, GA., or metro DC area.

Essential Duties and Responsibilities:

• Have an in-depth knowledge of US GAAP, primarily: ASC 606, ASC 340, ASC 350-40, ASC 805 and ASC 810
• Evaluate final executed agreements and document accounting conclusions in technical memorandum
• Oversee the Company’s Automated Revenue System (RevPro) Help lead the implementation of best practices for counterparts worldwide
• Continuously improve the global accounting processes and procedures by identifying areas to streamline, automate or refine
• Partner with the accounting and reporting team to provide guidance on complex transactions including acquisitions, dispositions, impairments, restructuring, litigation, etc.
• Provide training on technical topics to finance teams within the segment
• Provide assistance with monthly, quarterly and annual reporting requirements
• Interface with both internal and external auditors in support of audit procedures
• Partner with Operations Finance to provide a view on future revenue timing, impacts of sales concessions, and the impacts from other negotiating inputs
• Perform contract management within the Company’s Automated Revenue System (RevPro)
• Perform validation activities for transactions which kick out of RevPro
• Ensure all necessary JE’s have been recorded via RevPro interface at period end
• Participation in Xylem Watermark volunteer activities

Minimum Qualifications: Education, Experience, Skills, Abilities, License/Certification:

• CPA required
• Ability to influence decisions based on expertise
• Proficient in Excel
• Public accounting experience preferred (“Big 4” Experience a plus)
• BA/BS in Accounting and/or Finance is required
• Problem-solving, analytical skills and the ability to balance multiple tasks simultaneously.
• Position requires high attention to detail and a desire for continuous improvement.
• Strong verbal and written communication skills and a professional attitude and demeanor working with the internal team.
• Strong organizational skills and ability to work both independently and collaboratively, manage multiple projects, and prioritize workload to meet deadlines.

Physical Demands:

(The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)

• Regularly required to sit or stand, reach, bend and move about the office

Work Environment:

(The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)

• Office: Standard office equipment; work usually performed in an office setting free from any disagreeable elements.
• Standard weekly job hours: 40 hours
• This job may work hybrid/remote

Xylem is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.