Commercial Contract Controller - Federal - Microsoft

Microsoft is looking for a highly motivated, collaborative individual to join a growing Controllership Team as a Commercial Contract Controller - Federal. This is a fantastic opportunity for an experienced accounting professional to work in a highly performing team at a world-class company.  The Commerce Controllership team is responsible for ensuring accurate financial reporting and internal controls.

This critical role will be focused on driving Controllership, Financial Close and Compliance functions for Regulated Industries. The individual will be responsible for ensuring accuracy and integrity in the accounting treatment of all commercial contracts, revenue recognition and the associated financial reporting. Additionally, performing contract and amendment reviews to ensure appropriate revenue recognition according to US GAAP (Generally Accepted Accounting Principles) and ASC 606.

Another key focus of the role will be leading the month end close and coordination across multi-functional Finance teams, including finance operations, tax, trade, and accounting to ensure all accounting adjustments are reflected accurately financial reporting.

Microsoft’s mission is to empower every person and every organization on the planet to achieve more. As employees we come together with a growth mindset, innovate to empower others, and collaborate to realize our shared goals. Each day we build on our values of respect, integrity, and accountability to create a culture of inclusion where everyone can thrive at work and beyond.

In alignment with our Microsoft values, we are committed to cultivating an inclusive work environment for all employees to positively impact our culture every day.

Qualifications

Required/Minimum Qualifications

• Bachelors Degree in Business, Accounting /Finance, or related field AND 2+ years accounting or finance experience
  • OR Masters Degree in Business, Accounting /Finance, or related field AND 1+ year(s) accounting or finance experience
  • OR equivalent experience.

Other Requirements:

Security Clearance Requirements: Candidates must be able to meet Microsoft, customer and/or government security screening requirements are required for this role. These requirements include, but are not limited to the following specialized security screenings:

• Candidates must have an active TS/SCI and be willing to upgrade to TS/SCI (with polygraph). This role will require candidates to maintain the TS/SCI (with polygraph) clearance. Ability to meet Microsoft, customer and/or government security screening requirements are required for this role. Failure to maintain or obtain the appropriate clearance and/or customer screening requirements may result in employment action up to and including termination.
• Clearance Verification: This position requires successful verification of the stated security clearance to meet federal government customer requirements. You will be asked to provide clearance verification information prior to an offer of employment.
• Microsoft Cloud Background Check: This position will be required to pass the Microsoft Cloud background check upon hire/transfer and every two years thereafter.
• Citizenship & Citizenship Verification: This position requires verification of U.S. citizenship due to citizenship-based legal restrictions. Specifically, this position supports United States federal, state, and/or local United States government agency customer and is subject to certain citizenship-based restrictions where required or permitted by applicable law. To meet this legal requirement, citizenship will be verified via a valid passport, or other approved documents, or verified US government Clearance.

Additional or Preferred Qualifications:

• Professional accounting certification such as Certified Public Accountant (CPA) or equivalent
• Experience in the technology or software industry and/or with multinationals with multi-product and segment finance roles.
• ASC 606 experience/practical application

Accounting IC3 - The typical base pay range for this role across the U.S. is USD $72,800 - $144,000 per year. There is a different range applicable to specific work locations, within the San Francisco Bay area and New York City metropolitan area, and the base pay range for this role in those locations is USD $95,100 - $157,900 per year.

Certain roles may be eligible for benefits and other compensation. 

Responsibilities

To be successful in this key role, you will need to have superb Finance and Accounting knowledge and experience leading an organization from a Controller or similar role. Significant experience with US GAAP; as well as the Federal Acquisition Regulation are essential for this role. Being results oriented will ensure you not only keep pace with this rapidly evolving organization, but also play a pivotal role in leading transformation across the business.

The role scope will include, but not limited to, the following:

• Develop an understanding of end-to-end processes, data flows, control environment, and financial systems supporting Contract Commercial revenue.

Contract & Technical Activities

• Review contractual arrangements in accordance with US GAAP and ASC 606 to identify language that may require non-standard accounting treatment.
• Partners with Commercial Revenue Recognition, Business Desk and Corporate Accounting on determination of appropriate accounting treatments related to unique and complex contract terms and identifies adjustments to Revenue/Unearned positions (e.g. Credit/Rebill)

General Close, Compliance & Accounting Activities

• Review accounting records in compliance with accounting policies within SAP and Microsoft systems and execute controls including but not limited to ensuring accurate setup according to GAAP policies, execution of key financial controls and performing analysis and interpretation of contract and revenue financials. 
• Month End Close: Manage the monthly fiscal close process, submitting journal entries, managing critical reconciliation procedures, and providing reporting results with variance commentary to convey the business story.  
• Financial Reporting: Provide accurate and timely information to business partners highlighting results, key drivers, risks and opportunities, and dependencies. Complete month-end close analysis reviews, own content for Monthly Business Review leadership presentations, and assist in internal and external audit queries. Highlight opportunities to automate and improve reporting processes within the confines of available tools.
• Calculate non-contract review revenue recognition & deferrals at period end.
• Develop and oversight of correspondent procedures and controls in accordance with Microsoft accounting policies, SOX (Sarbanes-Oxley Act) requirements, Federal Acquisition Regulation and Defense Federal Acquisition Regulation Supplement.
• Anticipates and acts on key risk & opportunities and support business partners by understanding and communicating key adjustments.
• Design and execute manual processes to bridge any system gaps that are both planned and unplanned.
• Drive the design, implementation, and testing of new features and system functionality by partnering with Financial System Engineering team to ensure all financial reporting and compliance requirements are met.
• Drives end to end risk assessment activities and investigations of identified system and financial issues within the end-to-end reporting processes. Work proactively with various business and engineering partners to solve open issues and ensure risks are mitigated with appropriate financial processes and have sound internal controls in place.