Senior Revenue AccountantPosted today$130K
The opportunity
We are seeking a highly analytical and detail-oriented Senior Revenue Accountant to play a critical role on our Technical Revenue Accounting team – a part of our overall Contract to Cash Process. Reporting to the Technical Revenue Accounting Manager, this individual will be…
What you'll do
Work with Technical Accounting to ensure revenue is recognized in accordance: with ASC 606 for new and modified customer contracts. • Perform technical assessments to determine the appropriate timing and method of revenue recognition, with a strong focus on *transfer of control* for both product sales (e.g., shipment, customer acceptance) and service delivery (e.g., over time, milestones). • Evaluate and determine Standalone Selling Price (SSP) for use in the allocation of contract pricing to performance obligations. • Provide guidance and support to cross-functional teams on revenue recognition matters, including contract review, revenue forecasting, and deal structuring. This role requires collaboration with Program Managers, Finance Program Analysts, and various other departments. • Execute revenue close procedures efficiently and accurately within tight monthly, quarterly, and annual deadlines. • Monitor contract funding, limits, modifications, closeouts, and progress to completion, to ensure accurate revenue recognition. • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and company policies. • Collaborate with Project Management, Contracts, and Pricing teams to understand contract terms and conditions, and provide guidance on revenue recognition impacts. • Provide ad-hoc financial analysis and reporting to support strategic decision-making by senior management and FP&A. • Prepare and review complex revenue journal entries, ensuring proper classification and supporting documentation. • Look around the corner to mitigate future potential issues and mitigate actual issues with optimized processes and controls. • Support internal and external audit requests, including DCAA audits, by providing detailed documentation and explanations. • Identify opportunities for process improvements and automation within the revenue accounting cycle to enhance efficiency and accuracy. • Act as a power user of our ERP system (Oracle Fusion Cloud) for all revenue-related activities, including contract setup, project accounting, product and service pricing, and contract asset / liability accounting.
Bachelor's degree in Accounting, Finance, or a related field from an accredited institution.
+ years of progressive experience in revenue accounting, with significant exposure to ASC 606.
Demonstrated experience with government contracting, including product,: service, leasing, and maintenance contract accounting is strongly preferred.
Hands-on experience with a large-scale ERP system (e.g., Oracle, SAP) and its: Project Accounting functionalities. Experience with Oracle Fusion Cloud and Salesforce is strongly preferred.
Exceptional attention to detail and a commitment to accuracy, especially in a: fast- paced environment with tight deadlines.
What they're looking for
- Strong analytical, problem-solving, and investigative skills.
- Excellent written and verbal communication skills, with the ability to: articulate complex financial concepts clearly.
- Proficiency in Microsoft Office Suite, particularly advanced Excel skills: (pivot tables, VLOOKUPs, complex formulas, data modeling).
- Must be authorized to work in the United States.