James Gowan Email and Phone Number

Managed and trained the team responsible for order management and revenue recognition of worldwide OEM business as well as certain complex direct enterprise business totaling $400-500M in annual revenue. Advocated for and oversaw the consolidation of worldwide royalty revenue operations in Lehi office, growing from a team of 3 analysts to a team consisting of 6 analysts and a manager, driving significant cost savings for the organization. Provided support and mentoring for team with an emphasis on real time feedback combined with quarterly reviews of expectations, goal setting, and performance feedback. Represented royalty operations interests on cross-functional initiatives, including system integrations and corporate policy. Oversaw the migration of royalty revenue business into Vistex, completing entire migration and fully closing the business in the new system in a single quarter. Provided contract review and guidance for Sales, Legal and Revenue Assurance teams during contract negotiations. Reviewed contract terms input into Vistex by staff as well as material bookings to ensure compliance with contractual terms and revenue recognition guidance for proper calculation and treatment of inbound royalty revenue. Managed month and quarter end close processes, including reviewing account reconciliations, providing reporting as necessary and coordinating with FP&A to perform forecasts. Reviewed and posted revenue related journal entries, including intercompany transactions in a global IHC corporate structure. Worked closely with internal and external auditors (big 4) on annual audits, review of over- and under-scope transactions and SOX control compliance. Progressed from Royalty Revenue Manager.

Reviewed worldwide OEM contracts and pricing requests to provide revenue recognition guidance. Ensured that contract terms are within standards and coordinated with the appropriate organizations to obtain guidance and/or approvals for non-standard terms. Collaborated with Sales, Legal, Credit, BU, Royalty, et cetera, to achieve desired results. Performed annual VSOE analysis for OEM business. Facilitated audit requests for both internal and external auditors. Identified opportunities for process improvements and implement changes to drive increased efficiency and scalability. Exercise independent thought and judgment to resolve issues.

Reviewed OEM contracts to confirm revenue guidance and assured revenue is recognized within the appropriate software revenue recognition guidelines. Processed and validated licensee royalty reports and fixed fee billings ensuring compliance with contract terms and revenue recognition criteria with an emphasis on accuracy and speed in a high data-volume environment. Collaborated with Sales, Legal, Credit, et cetera, to achieve desired results. Reconciled royalty deferred accounts and perform quarterly Balance Sheet Reviews and Flux Analyses. Prepare and record journal entries. Provide guidance and approvals for royalty contract terms and issues. Facilitate audit requests for both internal and external auditors. Identify opportunities for process improvements and implement changes to drive increased efficiency and scalability. Exercise independent thought and judgment to resolve issues. Progressed from Royalty Revenue Accountant.