Financial Contracting Analyst

🕒 May 27

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Logo of GE HealthCare

GE HealthCare

10,000+ employees

Founded 1892

💊 Pharmaceuticals

Healthcare • Medical Technology • Pharmaceuticals

GE HealthCare is a leader in precision care, dedicated to providing innovative technologies and integrated solutions that enhance healthcare services. As a stand-alone company, it focuses on imaging, ultrasound, and healthcare IT, empowering clinicians and improving patient outcomes through advanced medical technologies and personalized care solutions. With a significant investment in research and development, GE HealthCare aims to transform healthcare by making hospitals more efficient and therapies more precise.

📋 Description

• Apply ASC 606 and company accounting policies to ensure accurate revenue recognition across SaaS subscriptions, licenses, professional services, and usage‑based arrangements. • Convert billed invoices, usage data, and contractual milestones into appropriate revenue, deferred revenue, unbilled AR, and contract liability entries. • Prepare and post manual and system‑generated journal entries related to revenue accounting. • Maintain and review revenue schedules to ensure correct timing, classification, and attribution across products, regions, and legal entities. • Perform monthly reconciliations between billing and revenue subledgers and the general ledger, identifying and resolving variances. • Validate alignment between contract terms, pricing, quantities, service periods, invoices and revenue schedules. • Investigate discrepancies between billing, deferred revenue and recognized revenue in partnership with Order Management, Sales, and Commercial teams. • Support accurate setup and maintenance of Controllership revenue recognition models and contract data within the financial systems (e.g., NetSuite ARM, Oracle, or similar). • Support monthly, quarterly, and annual close activities related to revenue accounting. • Prepare revenue roll-forward schedules, deferred revenue movement analyses, and unbilled receivable reconciliations. • Ensure timely completion of revenue recognition, deferred revenue and Unbilled AR deliverables in accordance with close calendars. • Maintain clear, well-organized supporting documentation for journal entries, account reconciliations, and General Ledger balance explanations. • Review customer commercial arrangements, amendments, and pricing structures to assess appropriate revenue accounting treatment. • Assist in identifying performance obligations, revenue allocation methodologies, and recognition requirements under ASC 606. • Partner with Legal, Sales, and the Deal Desk teams to clarify contract terms and any revenue recognition implications or order value adjustments. • Execute revenue accounting activities in compliance with SOX controls and internal Controllership policies. • Support internal and external audits by providing reconciliations, documentation, and explanations related to revenue balances and activity. • Identify issues, risks, or control gaps and escalate appropriately with proposed mitigation actions. • Identify opportunities to improve billing-to-revenue workflows, reduce manual effort, accelerate close activities and improve data quality. • Partner with Financial Systems IT teams on system requirements, enhancements, testing, reporting needs and process changes. • Develop and maintain standard work, reconciliation templates, and process documentation.

🎯 Requirements

• Bachelor’s degree in Accounting, Finance, or a related field. • 4 years of experience in revenue accounting, order-to-cash, commercial operations management, or related accounting roles, preferably in a software / SaaS environment. • Strong working knowledge of ASC 606 revenue recognition principles, SOX and GAAP. • Experience with ERP and revenue systems (NetSuite ARM / Advanced Billing / Oracle or similar preferred). • Advanced Excel skills with the ability to work with large data sets and perform complex reconciliations. • Familiarity with CRM systems (e.g., Salesforce) a plus. • Strong attention to detail, analytical skills, and ability to manage multiple priorities in a close-driven environment. • Effective communicator with the ability to collaborate cross-functionally.

🏖️ Benefits

• medical • dental • vision • paid time off • 401(k) plan with employee and company contribution opportunities • life insurance • disability insurance • accident insurance • tuition reimbursement

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