Revenue Accountant

Revenue Accountant Overview

• The Revenue Accountant will oversee revenue recognition, financial reporting, and compliance activities, ensuring adherence to ASC 606 and US GAAP standards.
• Collaborate with Commercial, Legal, Operations, and Accounting teams to ensure accurate revenue transaction accounting and compliance.
• Contribute to process improvement initiatives, leveraging technology to streamline financial processes and enhance efficiency.
• Support month-end close activities, including journal entries, reconciliations, and variance analyses for revenue-related accounts.
• Assist with quarter-end and year-end financial reporting, ensuring compliance with company policies and internal controls.
• Utilize tools such as Alteryx, Power BI, and Co-pilot to automate processes and improve data quality.
• Maintain a strong focus on accuracy, attention to detail, and analytical problem-solving in all accounting activities.
• Engage in continuous improvement efforts within the Global Revenue function to optimize workflows and outcomes.

Revenue Accountant Key Responsibilities & Duties

• Review customer contracts and amendments to support revenue recognition assessments under ASC 606.
• Prepare and maintain documentation for revenue recognition conclusions and technical accounting analyses.
• Perform month-end close activities, including revenue-related journal entries and supporting schedules.
• Coordinate and support the Non-Recurring Engineering (NRE) journal entry process.
• Prepare account reconciliations for revenue-related balance sheet accounts and investigate financial discrepancies.
• Execute and document SOX controls, ensuring compliance with established procedures.
• Support automation and process improvement projects to enhance revenue accounting and reporting efficiency.
• Collaborate with business partners to resolve accounting discrepancies and maintain compliance with US GAAP.

Revenue Accountant Job Requirements

• Bachelor's degree in Accounting, Finance, or a related field is required.
• Minimum of 3 years of experience in accounting, revenue accounting, or finance.
• Proficiency in ASC 606 and US GAAP standards is essential.
• Advanced Microsoft Excel skills for data analysis and reporting tasks.
• Strong analytical and problem-solving abilities with a high degree of accuracy and attention to detail.
• Experience with automation tools like Alteryx, Power BI, and Co-pilot is preferred.
• Ability to execute and document SOX controls effectively.
• Familiarity with financial reporting processes and variance analysis methodologies.