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Intuitive

Senior Revenue Analyst

Posted 21 Days Ago
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Hybrid
Sunnyvale, CA, USA
Senior level
Hybrid
Sunnyvale, CA, USA
Senior level
Lead revenue accounting activities under ASC 606 and ASC 842, including contract review, journal entries, reconciliations, month-end close, variance analysis, deal structuring in SAP, cross-functional implementation/testing, process improvement, and audit support.
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Company Description

It started with a simple idea: what if surgery could be less invasive and recovery less painful? Nearly 30 years later, that question still fuels everything we do at Intuitive. As a global leader in robotic-assisted surgery and minimally invasive care, our technologies—like the da Vinci surgical system and Ion—have transformed how care is delivered for millions of patients worldwide.

We’re a team of engineers, clinicians, and innovators united by one purpose: to make surgery smarter, safer, and more human. Every day, our work helps care teams perform with greater precision and patients recover faster, improving outcomes around the world.

The problems we solve demand creativity, rigor, and collaboration. The work is challenging, but deeply meaningful—because every improvement we make has the potential to change a life.

If you’re ready to contribute to something bigger than yourself and help transform the future of healthcare, you’ll find your purpose here.

Job Description

Primary Function of Position:

Are you looking for an opportunity to deepen your revenue accounting expertise while gaining broader exposure to how a global business operates?  If so, this might be the perfect opportunity for you. Intuitive is seeking a motivated Senior Revenue Analyst to join our Revenue Accounting team.

In this role, you'll partner with cross-functional teams across the organization to ensure accurate revenue recognition, support financial reporting, and drive process improvements. You'll have the opportunity to apply your technical accounting knowledge while developing a deeper understanding of the business and its operations.

This is an excellent opportunity for a proactive, collaborative professional who enjoys solving complex problems, driving continuous improvement, and building a long-term career within a world-class finance organization. If you're passionate about making an impact and want to contribute to a company dedicated to improving patients' lives, we'd love to hear from you.

Roles and Responsibilities:

  • Analyzing and assessing the accounting and financial reporting implications related to revenue and lease contracts entered into with our customers, under ASC 606 and ASC 842.
  • Work with cross-functional business partners to facilitate the review and operational execution of revenue and lease related deals, which includes deal structuring and processing within SAP
  • Perform revenue close activities including executing journal entries, contract review and processing, account reconciliations, management reporting, supplemental monthly reporting schedules and balance sheet/income statement variance analysis in accordance with our monthly close schedule.
  • Collaborate cross functionally with other teams (Customer Finance, IT, Accounting, etc.) in system and process implementation projects and perform testing to validate system design is appropriate.
  • Actively identify opportunities for process improvement or operational automation in existing system infrastructure.
  • Comply with internal controls as well as update process documentation when needed.
  • Ensure compliance with corporate accounting policies, procedures, and U.S. GAAP for responsible areas
  • Interface with external auditors for global and statutory audit requirements.

Qualifications

Required Skills and Experience

  • Combination of public accounting and industry experience, with 3+ years of experience in revenue accounting or a related field.
  • Detail oriented, organized, motivated and able to function in a fast-paced environment, especially during quarter-end reporting periods.
  • Strong fundamental accounting knowledge.
  • Strong technical accounting skills in ASC 606 (multiple element arrangements).
  • Excellent communication and project management skills.
  • Strong analytical and problem-solving skills.
  • Ability to handle ambiguity effectively and oversee multiple projects at once.
  • Advanced Excel skills.
  • This role requires working onsite in our Sunnyvale, CA office Tuesday, Wednesday, and Thursday every week

Required Education and Training

  • Bachelor's Degree in Accounting/Finance is required

Preferred Skills and Experience

  • CPA 
  • Big 4 
  • Previous experience in lessor accounting (ASC 842) 
  • Knowledge of SAP (or other large ERP) 

 

#WeAreIntuitive #LI-HYBRID

Additional Information

Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19.  Details can vary by role.

Intuitive is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.

Mandatory Notices

U.S. Export Controls Disclaimer:  In accordance with the U.S. Export Administration Regulations (15 CFR §743.13(b)), some roles at Intuitive Surgical may be subject to U.S. export controls for prospective employees
who are nationals from countries currently on embargo or sanctions status.

Certain information you provide as part of the application will be used for purposes of determining whether Intuitive Surgical will need to (i) obtain an export license from the U.S. Government on your behalf (note: the government’s licensing process can take 3 to 6+ months) or (ii) implement a Technology Control Plan (“TCP”) (note: typically adds 2 weeks to the hiring process).  

For any Intuitive role subject to export controls, final offers are contingent upon obtaining an approved export license and/or an executed TCP prior to the prospective employee’s
start date, which may or may not be flexible, and within a timeframe that does not unreasonably impede the hiring need. If applicable, candidates will be notified and instructed on any requirements for these purposes. 

We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.

Preference will be given to qualified candidates who do not reside, or plan to reside, in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.

This position may be filled at a different job level than listed here depending on
business need and/or on the selected candidate’s experience, knowledge and skills.
Compensation will be based primarily on the job level at which the role is filled and the
candidate’s qualifications, consistent with applicable law.

We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target compensation ranges are listed.

HQ

Intuitive Sunnyvale, California, USA Office

1020 Kifer Road, Sunnyvale, CA, United States, 94086

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