Sr. Financial Analyst I

Hewlett Packard Enterprise; Bengaluru; Hybrid; INR 1,500,000 - 2,100,000; Full time

Job summary

Hewlett Packard Enterprise in Bengaluru is seeking an expert Revenue Accountant to support accounting for revenue under US GAAP ASC 606. You will review contracts, analyze transactions, and drive month-end close with cross-functional teams in a hybrid work setup requiring 2 office days per week.

Ideal candidates hold a Bachelor's in Accounting/Finance or related field, CA preferred, with 6–8 years in revenue accounting or R2R.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or related field.
• CA qualification preferred.
• 6–8 years of revenue accounting, R2R, or controllership experience.
• Proven experience with revenue recognition principles under US GAAP.
• Experience collaborating with global finance teams and cross-functional stakeholders.

Responsibilities

• Review customer contracts and assess revenue recognition implications under US GAAP ASC 606.
• Analyse complex business transactions and determine appropriate revenue accounting treatment.
• Perform monthly balance sheet reconciliations and investigate variances.
• Ensure accurate revenue recognition by testing key criteria and cut-offs.
• Support service revenue accounting activities and accruals.
• Execute and maintain SOX controls related to revenue accounting processes.
• Collaborate with cross-functional teams to support month-end and close activities.
• Partner with Revenue Managers to support forecasting and reporting.
• Drive process improvements in revenue accounting operations.
• Support evolving accounting standards and company policies.

Skills

Revenue accounting

US GAAP ASC 606

Analytical skills

Communication

Stakeholder management

Microsoft Excel

Education

Bachelor's degree in Accounting, Finance, Commerce, or related field

CA qualification

Job description

This role has been designed as 'Hybrid' with a requirement that you will work on average 2 days per week from an HPE office.

Who We Are

Hewlett Packard Enterprise is the global edge-to-cloud company advancing the way people live and work. We help companies connect, protect, analyze, and act on their data and applications wherever they live, from edge to cloud, so they can turn insights into outcomes at the speed required to thrive in today’s complex world. Our culture thrives on finding new and better ways to accelerate what’s next. We know varied backgrounds are valued and succeed here. We have the flexibility to manage our work and personal needs. We make bold moves, together, and are a force for good. If you are looking to stretch and grow your career our culture will embrace you. Open up opportunities with HPE.

Job Description

In the Finance and Corporate Strategy team we ensure that the business’s capital strategies are operationally supported and strategically focused. This is how we work to secure the greatest return on investment for the global company. By gathering and analysing financial data we can influence decisions within the business, drive initiatives, and help ensure alignment with our wider objectives. Join us redefine what’s next for you.

Job Family Definition

Partners with the businesses to ensure that the capital strategies are operationally supported and strategically focused to secure the greatest return on investment for the global company. Gathers financial data and performs financial analyses and reporting (e.g., profit & loss, balance sheet, cash flow, pricing, etc.) to influence decisions within the business and to drive cross-business initiatives (e.g., Mergers & Acquisitions). Drives the forecasting process (weekly, monthly, and long term) by analyzing trends within the businesses and ensuring alignment with business- and corporate-wide objectives. Communicates and drives adherence to Generally Accepted Accounting Principles (GAAP) and the organization's financial goals and policies. Has the fiduciary responsibility to represent financial results correctly both internally and externally. Ensures strong business controls.

Management Level Definition

Applies advanced subject matter knowledge to solve complex business issues and is regarded as a subject matter expert. Frequently contributes to the development of new ideas and methods. Works on complex problems where analysis of situations or data requires an in-depth evaluation of multiple factors. Leads and/or provides expertise to functional project teams and may participate in cross-functional initiatives. Acts as an expert providing direction and guidance to process improvements and establishing policies. Frequently represents the organization to external customers/clients. Exercises significant independent judgment to determine best method for accomplishing work and achieving objectives. May provide mentoring and guidance to lower level employees.

Responsibilities

• Review customer contracts and assess revenue recognition implications in accordance with US GAAP ASC 606 revenue accounting standards.
• Analyse complex business transactions and determine appropriate revenue accounting treatment.
• Perform monthly balance sheet reconciliations and investigate variances through detailed flux analysis.
• Ensure accurate revenue recognition by testing key criteria, including shipment cut-off, partial shipments, and exception processing.
• Support service revenue accounting activities, including adjustments and accruals as required.
• Execute and maintain SOX controls related to revenue accounting processes and ensure compliance with internal control requirements.
• Collaborate with Corporate Revenue Accounting and cross-functional teams to support month-end and quarter-end close activities.
• Partner with Revenue Managers and business stakeholders to support revenue forecasting and reporting activities.
• Drive process improvement initiatives to enhance the effectiveness, accuracy, and efficiency of revenue accounting operations.
• Support implementation and adherence to evolving accounting standards and company policies.
• Participate in special projects and initiatives related to revenue accounting, compliance, and process transformation.

Education And Experience Required

• Bachelor's degree in Accounting, Finance, Commerce, or a related field.
• CA qualification preferred.
• 6 to 8 years of relevant experience in Revenue Accounting, Record-to-Report (R2R), Financial Accounting, or Controllership functions.
• Proven experience working with revenue recognition principles under US GAAP.
• Experience supporting global finance teams and collaborating with cross-functional stakeholders.

Knowledge And Skills

• Strong understanding of accounting principles and revenue recognition requirements under US GAAP (ASC 606).
• Excellent analytical skills
• Excellent communication and stakeholder management skills.
• Superior teamwork skills
• Strong business acumen.
• Good project management skills
• Excellent business application skills (e.g., Microsoft Excel).
• Strong attention to detail with the ability to maintain high levels of accuracy under tight deadlines.
• Ability to work independently while collaborating effectively within global and cross-functional teams.

What We Can Offer You

Health & Wellbeing

We strive to provide our team members and their loved ones with a comprehensive suite of benefits that supports their physical, financial and emotional wellbeing.

Personal & Professional Development

We also invest in your career because the better you are, the better we all are. We have specific programs catered to helping you reach any career goals you have — whether you want to become a knowledge expert in your field or apply your skills to another division.

Unconditional Inclusion

We are unconditionally inclusive in the way we work and celebrate individual uniqueness. We know varied backgrounds are valued and succeed here. We have the flexibility to manage our work and personal needs. We make bold moves, together, and are a force for good.

Let's Stay Connected

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Job

Finance

Job Level

Expert

HPE is an Equal Employment Opportunity/ Veterans/Disabled/LGBT employer. We do not discriminate on the basis of race, gender, or any other protected category, and all decisions we make are made on the basis of qualifications, merit, and business need. Our goal is to be one global team that is representative of our customers, in an inclusive environment where we can continue to innovate and grow together.

Hewlett Packard Enterprise is EEO Protected Veteran/ Individual with Disabilities.

HPE will comply with all applicable laws related to employer use of arrest and conviction records, including laws requiring employers to consider for employment qualified applicants with criminal histories.