Senior Accountant, Revenue Job Description
Senior accountant, revenue
provides accounting oversight of all government reimbursement programs and ensures accurate and timely accounting in accordance with published regulations and generally accepted accounting principles (GAAP).
Senior Accountant, Revenue Duties & Responsibilities
To write an effective senior accountant, revenue job description, begin by listing detailed duties, responsibilities and expectations. We have included senior accountant, revenue job description templates that you can modify and use.
Sample responsibilities for this position include:
Review revenue related arrangements for compliance with US GAAP revenue recognition standards
Assist in the quarterly and year-end audit process, actively working with external auditors to ensure that the interpretation of revenue recognition accounting standards are consistent and compliant with GAAP
Analyze revenue performance and analytics to identify risks and opportunities for improvements.Ensure compliance with key controls in the order to cash cycle, accurate GAAP reporting, audit requirements, and external reporting requirements
Support the implementation of new GAAP revenue recognition standard
Review customer contracts and billings for non-standard terms, multiple elements, and to ensure that revenue has been recognized in accordance with US GAAP
Manage monthly revenue accounting close efforts, including invoicing, contract analysis, preparation/review of monthly revenue, and deferred revenue reconciliations
Update and maintain the company’s revenue recognition policy as business processes evolve and accounting standards change
Monitor, recommend, and implement improvements to current methodologies & practices
Act as a liaison with external auditors regarding revenue and proactively resolve all revenue-related issues
Work closely with other finance team members and cross functional departments such as Sales, FP&A, Product Management and Legal
Senior Accountant, Revenue Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Accountant, Revenue
List any licenses or certifications required by the position: CPA, CA, MBA, CIMA, ACCA, ACA, LEED, CMA
Education for Senior Accountant, Revenue
Typically a job would require a certain level of education.
Employers hiring for the senior accountant, revenue job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Education, Business, MBA, Business/Administration, Economics, Public Accounting, Computer, Technical
Skills for Senior Accountant, Revenue
Desired skills for senior accountant, revenue include:
Blackline
CPM/Essbase
Generally Accepted Accounting Principles
Hyperion Financial Management
PeopleSoft
U.S. GAAP
Especially in the areas of revenue recognition
GAAP
With comprehensive accounting and technical skills
Microsoft Excel
Desired experience for senior accountant, revenue includes:
Critical thinker and strong problem solver with excellent written and verbal communication skills
Mature professional with a proven ability to build confidence and trust with internal and external constituencies
Applicants must have excellent analytical, interpersonal, and problem-solving skills
Candidate must be able to communicate clearly and concisely with both internal co-workers and external sponsors
Responsible for ensuring accuracy, timeliness, compliance, and efficiency of revenue transactions
Data mining and troubleshoot data feeds and provide recommendations for short-term and long-term system solution and process improvement
Senior Accountant, Revenue Examples
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Senior Accountant, Revenue Job Description
Job Description Example
Our innovative and growing company is looking for a senior accountant, revenue. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior accountant, revenue
- Responsible for revenue month end close activities
- Analyze and research revenue accounting matters, providing accurate and comprehensive documentation of issues identified and resolutions reached
- Develop, implement and maintain desktop procedures for on-going revenue accounting activities
- Review sales arrangements to ensure proper revenue operation in accordance with company policy and revenue recognition accounting standards
- Analyze revenue performance and analytics to identify risks and opportunities for improvements
- A minimum of 5 years experience in oil and gas revenue
- Experience with multiple/various states in processing revenue
- Processing for large volume of wells is required
- A bachelors degree in accounting, preferred
- Assist summary memorandums to document revenue recognition treatment for each of the company games
Qualifications for senior accountant, revenue
- Motivated by challenging, dynamic and demanding environment
- Prior Experience in e-commerce operations is a plus
- Ability to take ownership of projects and drive them through completion
- Enjoy challenging opportunities to assist or co-design revenue solutions to address perplexing issues that can improve the efficiency and effectiveness of the finance team
- CPA or Public Accounting background with Big 4 is a plus
- Experience with Oracle or Salesforce is a plus
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Senior Accountant, Revenue Job Description
Job Description Example
Our company is searching for experienced candidates for the position of senior accountant, revenue. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior accountant, revenue
- Ensure compliance with U.S. GAAP, with emerging accounting standards
- Maintain key revenue accounting processes and related process flows to sustain a strong system of internal controls
- Partner with IT to develop automation solutions to account for deferred revenues and related costs
- Develop and maintain close business relationship with key partner such as label developers and IT personnel
- Identify opportunities for process improvement and efficiencies
- Oversee all Sarbanes-Oxley related compliance activities
- Maintain complicated Excel based analytical reporting schedules
- Prepare month end closing analysis
- Provide support and guidance to staff accountants
- Review complex contracts (ASC 605/606) to help advise business partners (legal, finance, sales, ) on structure and language
Qualifications for senior accountant, revenue
- Previous experience in a credit card processing environment is helpful
- Experience in performing technical revenue research
- Determine revenue treatment for multiple element arrangements
- CPA required, Big 4 public accounting experience preferred
- Minimum 4-6 years of relevant business experience, manufacturing or construction a plus
- Core Duties/Responsibilities
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Senior Accountant, Revenue Job Description
Job Description Example
Our growing company is looking to fill the role of senior accountant, revenue. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior accountant, revenue
- Perform month-end duties including account reconciliation, computation of revenue/deferred revenue, royalty accrual estimates, and review of revenue trends
- Interact with external auditors to gather relevant support and ensure compliance with internal controls
- Assist in preparing for the adoption of ASC 606(Revenue from Contracts with Customers) and performing related analysis of existing revenue streams and arrangements
- Perform ad-hoc analysis as necessary to support business partners
- Coordinates period end close schedules and reporting for the Revenue accounting team
- Engages the Revenue team and establishes priorities for project management of related initiatives including impact on systems
- Interacts with key stakeholders outside of accounting
- Reviews and enhances the monthly balance sheet account reconciliations on an ad-hoc basis for Revenue related accounts and assists senior analysts & analysts in researching differences
- Uses their financial and accounting experience and acumen to analyze and interpret data to make any recommendations on possible courses of action as appropriate
- Effectively engages the team to successfully complete multiple and diverse deliverables
Qualifications for senior accountant, revenue
- Bachelor Degree in Accounting is required
- Ability to work as a team player autonomously
- 2 - 5 years of experience in Accounting/Audit
- Bachelors or Masters in Accountancy
- Certified Public Accountant (On Track for CPA will be considered)
- Experience in the technology and/or financial services sectors strongly desired
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Senior Accountant, Revenue Job Description
Job Description Example
Our growing company is looking to fill the role of senior accountant, revenue. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for senior accountant, revenue
- Keeping up to date on latest accounting guidance, including the recently issued Accounting Standards Updates, to identify potential impacts to BSC’s financial reporting
- Participation on the Company’s Accounting Policy and Procedure Core team, working with Divisional and Regional Finance groups to update policies and align accounting in key areas globally
- Performing technical accounting research and preparing accounting memos and/or presentations to management on key issues, as needed
- Interacting with Corporate Accounting & Consolidation, FP&A, Internal Audit, Tax, Treasury, HR, Corporate Communications and Legal teams, with other Divisional and Regional finance groups across the organization and responding to ad hoc queries from internal customers (including Senior Management)
- Interfacing with external auditors on technical accounting matters and other inquiries
- Responsible for coordinating and preparing balance sheet reconciliations
- Value is provided to the enterprise by participating in the identification of improvements to accounting processes in order to provide timely, accurate information and to ultimately safeguard enterprise assets
- Liaison between market and corporate departments such as Commission Accounting, Accounts Payable, Finance
- Provide revenue and transactions reports to necessary parties
- Researches and documents all new contract terms and conditions
Qualifications for senior accountant, revenue
- Comfortable with large data sets, strong Excel
- Experience with Oracle or similar ERP required
- Experience with Salesforce.com or BRM a plus
- 25% Travel will be required in first 6 months
- Prepare account reconciliations and detailed analysis to support balance sheet accounts (i.e., accounts receivable, unbilled receivables, deferred revenue)
- Ambitious individual seeking a challenging role in a high growth dynamic tech company
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Senior Accountant, Revenue Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of senior accountant, revenue. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior accountant, revenue
- Assist with evaluation of revenue implications for proposed contracts
- Prepare various reconciliations, analytical analyses, reserve calculations and balance sheet reconciliations for internal and external use
- Prepare revenue-related audit materials, and coordinate with the external auditor’s staff
- Participating in ad hoc projects and analysis
- Work within a team that manages the revenue accounting for four subsidiaries located in Australia, UK, Ireland and Brazil
- Perform data analysis on invoice and e-commerce sales activity
- Reconcile all revenue related general ledger accounts timely within the month
- Develop a strong understanding of all internal order/booking systems that drive revenue to ensure processes and controls remain robust
- Support international growth by implementing and developing systems and processes related to revenue accounting and order processing
- Assist with SOX process and controls to ensure compliance
Qualifications for senior accountant, revenue
- Experience of software and services revenue recognition accounting rules under USGAAP
- Strong IT skills and quick learner
- Recommend to management any updates to accounting policies, procedures and processes
- 10+ years of revenue experience or equivalent combination of education and work experience (Undergraduate degree and 6 to 8 years relevant experience or Graduate degree and 4 to 6 years relevant experience)
- Strong knowledge of systems and automation tools (including Excel and Access)
- BA/BS in Accounting or Business Administration with focus on accounting topics