Manager, Revenue Accounting Job Description
Manager, revenue accounting
provides support for gross to net revenue accounting, such as intercompany trading prices and customer discounts and acting as backup for ASC 606 revenue recognition related accounting such as reserves for customer claims, returns, and rebates.
Manager, Revenue Accounting Duties & Responsibilities
To write an effective manager, revenue accounting job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, revenue accounting job description templates that you can modify and use.
Sample responsibilities for this position include:
Partner with Accounting Leads to implement any new or proposed U.S. GAAP technical accounting guidance
Analyze and interpret accounting standards to support new business requirements
Follow emerging revenue accounting issues and proactively analyze their impact on the Company’s results on the existing policies and processes
Liaise with internal sales departments, legal and business affairs, external auditors and tax advisors as required
In this role, you will over see the revenue forecasting and recognition for a major software company
You will support back end operations for revenue transactions and provide business analysis and internal reporting for Senior Management
Skills of influence and relationship building are critical to being success in this position
Financial close activities around Revenue and Accounts Receivable, the communication of results of operation to leadership
Meet accounting financial objectives by overseeing patient revenue and accounts receivable calculations
Understands end to end business and systems processes in area of responsibility
Manager, Revenue Accounting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Revenue Accounting
List any licenses or certifications required by the position: CPA, BA, BS, CA
Education for Manager, Revenue Accounting
Typically a job would require a certain level of education.
Employers hiring for the manager, revenue accounting 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, Management, Communication, Leadership, Education, Business, MBA, Technical, Business/Administration
Skills for Manager, Revenue Accounting
Desired skills for manager, revenue accounting include:
U.S. GAAP
ASC 606
Excel
D365
Software Revenue Recognition and Hardware Revenue Accounting
AR related calculations
Bad debt reserves
Cost report reserves
IFRS and other regulatory requirements
Desired experience for manager, revenue accounting includes:
At least 10 years of professional experience including significant management, and high-technology industry experience
BA or BS with emphasis in Accounting, Finance or related studies required
Strong ability to read and interpret complex contracts in financial terms
5+ years’ experience in receivables/revenue/licensing environment, ideally at an entertainment company
Excellent understanding of receivables and collections processes
Systems experience, including ideally experience with rights management systems and SAP
Manager, Revenue Accounting Examples
1
Manager, Revenue Accounting Job Description
Job Description Example
Our company is growing rapidly and is hiring for a manager, revenue accounting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, revenue accounting
- Actively develop deep relationships with the Protiviti field and Finance Leadership
- Provide guidance to Protiviti Executive and Finance Leadership the field on best practices that support Protiviti policies
- Perform quality assurance reviews on high Risk/high value contracts that are key drivers of revenue
- Monitor trends in policy compliance, Contract terminology, and contracting behaviors and present finding to Leadership
- Perform quality assurance reviews on high risk/high value transactions that impact revenues or key internal reporting metrics
- Responsible for training, staff development, and the direct supervision of a team of 4+ professional level employees within the Portfolio Revenue Team
- Responsible for developing and maintaining an appropriate apprenticeship model on the Portfolio Revenue Team, engaging with other members of the broader Revenue Accounting Team as appropriate
- Develop and maintain key performance indicators (inventory aging, project run rates, project estimates, contractual limits/restrictions, ) to evaluate projects within the portfolio for potential inventory/revenue reserves
- Exercise independent judgment and leadership in reviewing and delivering recurring and ad hoc reporting on quarterly/annual close activity (including DSO Trend Memo, analysis of revenue adjustments)
- Work with sales teams to determine the credit worthiness of potential new customers
Qualifications for manager, revenue accounting
- Leadership and flexibility managing relationships in large corporate environment
- 5+ years of relevant accounting experience (preferably in a public company environment)
- Highly proficient in US GAAP revenue recognition standard
- Experience in applying US GAAP to multiple element services arrangements
- Self-motivated with a passion for understanding end-to-end processes
- Qualified accountant with a university degree
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Manager, Revenue Accounting Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of manager, revenue accounting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, revenue accounting
- Oversee revenue audit staff functions, ensuring the effective and timely audit and review of Product Sales and Services (PSS) and Food and Beverage (F&B) transactions
- Oversee vault management functions, ensuring cash controls and SOP’s are followed and operational cash needs are met
- Provide support in the development of new revenue audit procedures and analytical tools that better identify or aid in the identification of financial statement errors or misuse of Company assets
- Review audit pack check-in/check-out list weekly and follow up on missing items
- Hire and train auditors, identify coaching opportunities, manage staff schedules within parameters of Accounting Dept
- Model revenue for new contracts per GAAP vs
- Review non-standard contracts upon request for pricing, discounts, BESP/VSOE requirements, payment and commercial terms, and overall economics to determine the proper revenue recognition
- Be responsible for identifying and driving improvement opportunities in the Revenue area
- Develop and maintain strong working relationships with key stakeholders across other functional organizations and external business partner organizations
- Actively contribute to the Finance Team’s objectives
Qualifications for manager, revenue accounting
- Experience with PeopleSoft Financials, Hyperion, or any ERP systems
- Be a subject matter expert lead responsible for providing technical accounting analyses of contracts, transactions, and new business models in order to insure compliant revenue accounting and reporting
- Work as a utility player in the revenue space that can perform routine accounting one day, FP&A the next, ad hoc projects the next and so on
- Be a key member of the new revenue standard implementation team
- Analyze and document the revenue impacting terms and conditions of complex multiple element contracts
- Identify analytical requirements and design processes, analyses, reports, and dashboards to present metrics and key insights and trends
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Manager, Revenue Accounting Job Description
Job Description Example
Our growing company is looking for a manager, revenue accounting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for manager, revenue accounting
- Perform controls and procedures related to the monthly close of software revenue accounts and ensure the market unit controllers are aware of all posted adjustments
- Perform controls and procedures related to establishing and testing VSOE/ESP for all non-on premise software revenue streams including cloud services, consulting, HEC, training and maintenance
- Keep current on the latest Revenue Recognition training content & programs
- Coordinate and review for both internal and external reporting schedules work with external auditors to address issues as needed
- Articulates issues and recommendations in a crisp and concise manner to enable better decision-making
- Presents issues and recommendations in a crisp and concise manner to enable better decision-making
- Journal entry preparation at month-end close activities, including distributor fee/customer commission accruals, dispensing fees, deferred revenue, royalty receivable and payable accruals and other revenue and adjustments and reserves
- Prepare and review balance sheet reconciliations for revenue related receivables and liabilities accounts (related to JE’s above), including relevant analysis of variations and operational/business drivers
- Review, prepare, and distribute monthly reports, including sales product invoices and orders, consolidated A/R, royalty schedules and ad hoc revenue reports
- Assist Associate Director, Revenue Accounting with quarterly revenue and reserve close schedule and ASC 605 accounting compliance items, including rebates/government discounts, returns, sales caps, pricing, royalties, the 3PL transaction audit and other
Qualifications for manager, revenue accounting
- Take initiative to create solutions where none exist and drive change where there is room for improvement
- Hands-on experience with Oracle and Aquarius Rev Stream ERP systems, Microsoft Office suite and contract management system required
- Strong listening and written and oral communication skills (Fluent in English)
- Strong knowledge of Oracle EBS and Hyperion Essbase
- Knowledge of CSG, DST, or Singleview billing systems a plus
- 6 + years of total work experience, of which at least 3-5 years in public accounting with experience serving SEC registrants preferred
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Manager, Revenue Accounting Job Description
Job Description Example
Our company is looking for a manager, revenue accounting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, revenue accounting
- Provide support for internal and external audits, including preparing audit schedules and ensuring internal controls are operating effectively in areas of responsibility
- Manages a team of 10 members in India
- Coordinate with outside tax experts and drive the sales tax compliance process to ensure proper and timely reporting in various applicable states, including state registration
- Review monthly reconciliations for bank, A/R, and gift card liability
- Assist in the preparation of month-end financial package, including balance sheet and P&L flux analyses
- Assist with procedure documentation and implementing processes and accounting policies within the company
- Oversee resolution of double charges, charges back
- Work with Treasury / Operations to support store
- Leads and directs the work of Revenue Accountant team that will be performing functional analysis and periodic review of contracts
- Assists senior Shared Services and finance leadership with the establishment, maintenance and continuing improvement of accounting processes and procedures, making recommendations for process improvement where appropriate
Qualifications for manager, revenue accounting
- 6+ years of International Accounting experience, Big 4 Public Accounting and corporate experience preferred
- Bachelor's Degree (BA/BS) or equivalent from four year college or university plus a minimum of five years related work experience to include budgeting, finance, contract review and or business analytics
- Must be able to ski or ride intermediate to advanced terrain
- 5+ years of accounting experience (combination of public accounting experience and private company experience is preferred)
- Strong knowledge of accounting standards, including revenue recognition
- Solid understanding of financial concepts and structures
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Manager, Revenue Accounting Job Description
Job Description Example
Our company is growing rapidly and is looking for a manager, revenue accounting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for manager, revenue accounting
- Analyzes complex financial and statistical data to ensure accuracy and maximize optimum reimbursement
- Serve as subject matter expert for financial area of responsibility in interactions with business partners
- Prepare accounting and reporting requirements related to commission and revenue accounting
- Possess deep understanding of the transactional flow through various systems to monitor and ensure accurate financial results and controls
- Lead departmental projects and process changes to improve efficiencies in work processes and to reduce work in low value activities
- Coach and develop team member’s career goals
- Coordinate and facilitate the daily activities of accounting staff
- Ensure integrity, accuracy, and timely performance of all accounting transactions, account analyses, account reconciliation, and reporting of gas accounting results
- Investigate and explain variances in gross margin compared to budget for utilization by upper management
- Oversee the preparation of gross margin reports, and development and usage of statistical and accounting information
Qualifications for manager, revenue accounting
- Proven professional with advanced understanding of accounting theory, current accounting issues, and accounting systems, with solid understanding of US GAAP and IFRS
- Ensuringconsistent application of revenue accounting policies and procedures
- Performing regular reconciliations, analysis and reporting across differentsystems
- Reporting of results and any metrics back to Role A, country leads or local markets
- Ensuringappropriate controls and compliance requirements are followed
- Participating in the implementation of the new standard