Financial Analyst, Revenue Recognition Expert
vor 4 Wochen
Job Summary:
The Revenue Recognition Analyst will be responsible for reviewing and analyzing customer contract terms to ensure accurate revenue recognition in accordance with ASC 606/842 accounting standards. This individual will work closely with the Sales, Legal, and Finance management teams to propose options and ensure timely and accurate accounting of contract modifications, amendments, and terminations.
Duties & Responsibilities:
- Review customer contracts for proper revenue recognition
- Collaborate with Contracts and Sales teams during contract draft/proposal stage
- Manage specific accruals related to revenue acceleration/deferral
- Identify and implement continuous improvement initiatives to improve and automate revenue accounting processes
- Perform monthly and quarterly revenue accounting close procedures
- Work closely with FP&A and Sales Ops to forecast and follow up fulfillment of contracts
Requirements:
- Three to five years of related financial analysis and accounting experience
- Strong knowledge of technical GAAP, specifically revenue recognition
- Strong communication and analytical skills
- Proficiency in MS Office Suite
- A solid understanding of internal control design and operational effectiveness
- Master's/Bachelor's Degree in Finance or Accounting
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