Job Description:
Responsibilities:
Work closely with the contracts department to review sales contracts, reduce contract related issues and provide technical guidance to ensure proper revenue recognition.
Develop, implement and maintain processes and procedures for accurate and timely revenue recognition for multiple revenue streams. In addition, recommend and implement process improvements.
- Analyze and understand various service/product offerings and revenue/expense streams to ensure proper revenue recognition and financial system set-up.
- Perform and review monthly revenue, expense, deferred revenue, deferred costs and account reconciliations.
- Prepare monthly revenue reports for management which includes variance analysis of revenue accounts and associated expense accounts against prior periods, budget and forecast.
- Close monthly and periodic revenue and expense ledgers within stated closing schedules.
- Support various special projects as required.
Job Requirements:
- Technical revenue recognition accounting knowledge including SOP 97-2, EITF 00-21, SAB 104, etc.
- Strong working knowledge of United States Generally Accepted Accounting Principles (US-GAAP).
- Strong overall leadership, management and organizational skills
- Self-motivated with the ability to multi-task and work in a dynamic fast-paced environment.
- Detail oriented with excellent analytic skills and interest in identifying and fixing problems.
- Ability to identify key risk areas, contemplates alternatives, draw conclusions and recommend and implement changes to improve processes and mitigate risk.
- Ability to effectively use accounting knowledge to collaborate with varying levels of employees and senior management to drive sound business decisions.
- Ability to set and achieve individual and team goals consistent with the overall company objectives.
- Ability to work independently with minimal direction from management.
- Excellent Verbal and Written communication skills.
- At least 5 years of experience, of which at least 2 years should be management experience.
- CPA preferred.
- BS in Accounting, Finance or Economics
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