Company: Lumen Technologies
Posted on: January 19, 2023
Lumen is guided by our belief that humanity is at its best when
technology advances the way we live and work. With 450,000 route
fiber miles serving customers in more than 60 countries, we deliver
the fastest, most secure global platform for applications and data
to help businesses, government and communities deliver amazing
experiences. Learn more about Lumen's network, edge cloud, security
and communication and collaboration solutions and our purpose to
further human progress through technology at news.lumen.com,
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The Director of Mass Markets Revenue Accounting (Accounting
Director) is responsible for leading a team of accounting
individuals to accomplish the revenue accounting close and
reporting functions for Lumen's Mass Markets segment in the North
America region and reports to the Senior Director of Margin
Accounting and Reporting. This individual is a member of the North
America Revenue Accounting and Reporting team and will interface
with Business and Corporate Finance, Tax, External Reporting,
Expense Accounting, Intercompany Accounting, Customer Financial
Services/Billing, Technical Accounting, regional accounting teams,
internal and external auditors, and individuals at multiple levels
and locations. This position is highly visible within the
organization and will manage a large team and engage with numerous
stakeholders to achieve results.
The Main Responsibilities
* Lead Mass Markets revenue accounting close and reporting
processes, including monthly journal entries, management reporting
packages and account reconciliations.
* Provide support to Business and Corporate Finance teams in
analysis of revenue related transactions and variances to
* Champion process improvements and automation initiatives to
reduce manual work within revenue accounting and reporting
functions specific to Mass Markets, specifically during periodic
* Ensure effective design and operation of internal controls over
revenue accounting and reporting and related estimates for Mass
Markets segment and support revenue control testing activities
conducted as part of Lumen's internal SOX compliance program.
* Partner with the External Reporting team to prepare information
required for external revenue reporting and disclosures and support
deliverables and activities for the external audit.
* Drive execution of accounting policies and technical accounting
recommendations as pertains to revenue recognition, lessor
accounting and credit losses on customer receivables and any
* Collaborate with internal teams and stakeholders to provide
revenue accounting and reporting guidance or assistance with
critical projects or lead projects on behalf of the Mass Markets
Revenue Accounting team, including but not limited to: billing and
A/R consolidation, revenue and customer reporting fidelity, product
initiatives and integration, management and/or external reporting
changes, and regulatory and tax compliance needs.
* Research technical accounting matters associated with review of
material or non-standard customer contracts and prepare supporting
memos (containing both a conclusion and proposed approach to
implementing the recommended treatment).
* Train and develop Revenue Accounting team members to ensure
appropriate understanding and application of accounting guidance
and Lumen-specific policies and practices.
What We Look For in a Candidate
* Certified Public Accountant (CPA) required. Bachelor's and/or
Master's Degree in Accounting and 12+ years of relevant job
experience with similar essential duties.
* 7+ years of experience working with large public company ($1B+ in
revenue) and/or large public accounting firm (with large public
* Strong technical accounting skills, with in-depth knowledge of
ASC 606 and ASC 842 guidance and application to revenue accounting
* Thorough understanding of Sarbanes-Oxley requirements and
application to revenue-specific risks and controls.
* Working knowledge of SEC reporting and disclosure requirements,
including recent developments and focus areas.
* Experience with foreign exchange and intercompany accounting
concepts and issues.
* Ability to interact with senior-level executives and internal and
external auditors in a professional and focused manner and handle
confidential or proprietary information appropriately.
* Excellent verbal and written skills. Ability to manage multiple
priorities and tasks concurrently in an efficient and effective
* Continuous improvement mindset, with a focus on problem-solving
and challenging the status quo.
* SAP and/or Oracle experience highly desired. Technology and/or
telecom industry experience preferred.
Requisition #: 301682
We are committed to providing equal employment opportunities to all
persons regardless of race, color, ancestry, citizenship, national
origin, religion, veteran status, disability, genetic
characteristic or information, age, gender, sexual orientation,
gender identity, marital status, family status, pregnancy, or other
legally protected status (collectively, "protected statuses"). We
do not tolerate unlawful discrimination in any employment
decisions, including recruiting, hiring, compensation, promotion,
benefits, discipline, termination, job assignments or training.
The above job definition information has been designed to indicate
the general nature and level of work performed by employees within
this classification. It is not designed to contain or be
interpreted as a comprehensive inventory of all duties,
responsibilities, and qualifications required of employees assigned
to this job. Job duties and responsibilities are subject to change
based on changing business needs and conditions.
Salary Min :
Salary Max :
This information reflects the anticipated base salary range for
this position based on current national data. Minimums and maximums
may vary based on location. Individual pay is based on skills,
experience and other relevant factors.
This position is eligible for either short-term incentives or sales
compensation. Director and VP positions also are eligible for
long-term incentive. To learn more about our bonus structure, you
can view additional information here. We're able to answer any
additional questions you may have as you move through the selection
As part of our comprehensive benefits package, Lumen offers a broad
range of Health, Life, Voluntary Lifestyle and other benefits and
perks that enhance your physical, mental, emotional and financial
wellbeing. You can learn more by clicking here.
Note: For union-represented postings, wage rates and ranges are
governed by applicable collective bargaining agreement
Salary Min :
Salary Max :
This information reflects the base salary pay range for this job
based on current national market data. Ranges may vary based on the
job's location. We offer competitive pay that varies based on
individual experience, qualifications and other relevant factors.
We encourage you to apply to positions that you are interested in
and for which you believe you are qualified. To learn more, you are
welcome to discuss with us as you move through the selection
Keywords: Lumen Technologies, Monroe , Director, Accounting, Executive , Monroe, Louisiana
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