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We hope that through this challenging time, you and your family are staying safe and healthy. Though the COVID-19 pandemic is presenting unprecedented challenges, we continue to hire for our open positions. Our recruiting and hiring teams are taking prudent measures to minimize the spread of COVID-19 and still provide you with a great candidate experience. However, due to adjustments in work, life, and an increase in applications, we may start to experience some delays. Thank you for your patience and understanding.

To learn more about Intuitive’s response to COVID-19, see our company statement.

Analyst 2 Revenue

Job Description

Job: Finance and Accounting
Primary Location: United States-California-Sunnyvale-US-CA-Sunnyvale
Schedule: Full-time
Requisition ID: 200314


Joining Intuitive Surgical means joining a team dedicated to using technology to benefit patients by improving surgical efficacy and
decreasing surgical invasiveness, with patient safety as our highest priority.


Intuitive Surgical, Inc. is the innovator of the da Vinci™ Surgical Systems and we are the leader within the robotic-assisted minimal invasive surgery industry. We are looking for a strong Revenue Analyst candidate to join a fun and professional group of individuals. The Revenue Analyst is a highly visible role within the finance team. The Revenue Analyst plays a critical role in analyzing and assessing the accounting and financial reporting implications related to sale contracts entered into with our customers. 

The Revenue Analyst is responsible, together with the overall revenue team, for ensuring the entire contract lifecycle from drafting our contracts to shipping our products and billing is executed effectively, along with making sure that the revenue close process is completed timely and all significant revenue recognition matters have been identified. 

This role offers a great opportunity to learn and develop strong revenue recognition skills while working closely with the worldwide revenue team, along with and other internal operational groups such as our global Contracts team, Customer Finance, Accounts Receivable Departments, Logistics, FP&A, and our sales organization. This will allow you to develop a broad and deep understanding of the Company’s business and operations essential for strong career development. 

At Intuitive Surgical, you will share in a commitment to excellence by partnering with strong managers and executive leadership. The accounting and finance organization is focused on driving continuous improvement and working towards. We do this by hiring quality individuals with integrity, personal accountability, teamwork, excellence, and proactive thinking. 

We are looking for leaders that can take on additional responsibility as they progress in their career and we are committed to providing an environment that fosters career growth and development.
If you exemplify our values and want to be part of something big, this is the role for you.

Roles and Responsibilities:

• Ensure revenue is recognized in accordance with company policy and U.S. GAAP
• Work with cross-functional business partners to facilitate the review and execution of revenue related deals which includes deal structuring and identifying provisions that may have an impact on our revenue recognition
• Ensure timely execution of month-end and quarter-end close activities (including, but not limited to: account reconciliation, analysis, and reporting)
• Responsible for preparing selling price analysis of the various deliverables in our multiple element arrangements
• Perform ad hoc accounting research to assess accounting impact related to sale transactions
• Ensure compliance with all applicable finance policies, rules, regulations, and laws
• Perform relevant controls in the Company’s revenue recognition process to ensure that we have adequate controls in place to mitigate all significant reporting risks.
• Prepare audit schedules, provide analysis, and work with external auditors as needed
• Assist with projects as needed together with FP&A, IT, and other parts of the organization
• Work on ad hoc projects that range from process improvement, automation, and data analysis to present to executive management

Skill/Job Requirements: 

• Bachelor’s Degree in Accounting or Finance
• 0-3 years of experience however we are open to candidates with a varied range of experience
• Certified Public Accountant desirable
• Public accounting experience is desirable
• Experience with enterprise accounting systems, such as SAP is a plus but not required
• Ability to effectively communicate with a variety of departments, follow-through on commitments, and manage progress of projects effectively is critical to be effective in this role
• Strong analytical, problem-solving, and organizational skills
• Seek to continuously improve current processes and procedures
• Ability to work productively in a dynamic environment and be a solutions-oriented team player

We are an AA/EEO/Veterans/Disabled employer.
We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.