Revenue Recognition Center of Excellence Manager

The Revenue Recognition CoE Manager will be part of a specialized team responsible for ensuring accurate recognition under US GAAP (ASC 606) for arrangements across the organization. You will serve as a subject matter expert, assisting with policy development, contract decision-trees, process standardization, and automation initiatives. The role will partner closely with Sales, Commercial Finance, Legal, IT, and FP&A to ensure accurate, timely revenue recognition and scalable processes. You will also oversee a team of revenue recognition accountants.

What you’ll do:

Technical Leadership: Interpret and apply ASC 606 and US GAAP guidance to complex revenue arrangements, draft technical accounting memos and guidance for significant transactions.

Operational Excellence: Implement standardize revenue recognition processes, execute SOX controls related to complex revenue recognition.

Governance & Compliance: Comply with internal controls, US GAAP, and external audit requirements and monitor changes in accounting standards and apply their impact on company policies.

Business Partnership: Partner with various teams to review contracts and assess revenue, cashflow implications, financial impact and provide guidance on revenue recognition implications during negotiations. Provide real-time support during contract modifications.

Close, Controls & Reporting: Execute complex revenue close and reporting in partnership with the COE team and lead issue resolution with internal/external auditors.

Training & Development: Assist with the delivery of training programs on revenue recognition policies and best practices.

Leadership & Team Building: Oversee a high-performing CoE and develop revenue accountants and analysts while champion a culture of quality, speed, and continuous improvement.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred), advanced or professional qualifications (e.g., ACCA, CPA) are a strong advantage.
• 8+ years of progressive accounting experience, including public accounting and corporate roles. Strong knowledge of ASC 606 and complex revenue arrangements.
• Minimum of 3 years managing a team, building up a local structre and processes from scrath is highly desirable.
• Experience in a Center of Excellence or highly matrixed global organization preferred, SSC/Big4 experience is an advantage.
• Strong analytical and problem-solving skills.
• Advanced proficiency in Excel and ERP systems (SAP, Oracle) and revenue automation tools.
• Proficiency with visualization tools (Power BI, Tableau) and process automation (Alteryx, RPA).
• Ability to manage multiple priorities in a fast-paced environment and drive change through influence.
• Strong stakeholder management and partnering skills.
• Business fluency in English, other EU language knowledge is welcomed.
• Able to live, work and travel within EMEA region without any restrictions.

What we offer you:

• Wide range of Employee Benefits: Hybrid work model, Annual bonus, Cafeteria, Private Medical Insurance, Life Insurance, Eye-glass refund, AYCM partnership, Internal reward system (E-Stars).
• Employee Wellbeing Support: Access comprehensive support programs designed to enhance your overall wellbeing.
• Family Friendly: Enjoy a family-friendly environment with policies that support work-life balance.
• Talent Management and Career Development: We are dedicated to your professional growth, with a strong focus on internal mobility, continuous learning, and peer coaching.
• Dog-Friendly: Bring your furry friend to work in our dog-friendly office.
• Dedicated Spaces: Utilize our family room, multi-prayer room, stretching room, and chill room for your comfort and convenience.
• Company Yoga Sessions: Participate in regular yoga sessions to stay fit and relaxed.
• Social Responsibility: Join a socially responsible organization committed to making a positive impact.
• Employee Appreciation Day: Celebrate with us on Employee Appreciation Day, recognizing your hard work and contributions.

We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.

Join Eaton, a global leader where equality and inclusivity are at the heart of our mission. Here, everyone is valued and belongs. Be part of a team that delivers cutting-edge, energy-efficient solutions, making a tangible impact on the world. We empower our customers to manage electrical, hydraulic, and mechanical energy more effectively, safely, and sustainably. At Eaton, we’re dedicated to enhancing quality of life and protecting the environment with our innovative energy management technologies and services.

Our EMEA Business Service Center (BSC) in Budapest is Eaton’s largest office in the region. With a diverse team of over 700 people, representing 40+ nationalities and speaking 20+ languages, the BSC is the central hub for business services. It empowers seamless operations and drives exceptional results across our electrical, industrial, and corporate teams. We are proud to be a Disability Friendly Workplace, ensuring an inclusive environment for all our employees.