Cypress HCM · 10 hours ago
Revenue Accountant (ASC 606)
Cypress HCM is seeking a detail-oriented Senior Accountant to support financial operations tied to the global digital distribution of motion pictures and television series. The role focuses on revenue recognition under ASC 606 and involves preparing financial statements, supporting corporate reporting deliverables, and ensuring compliance with internal controls and external audit standards.
Human ResourcesInformation TechnologyStaffing Agency
Responsibilities
Prepare various month-end close financial statements (profit & loss, balance sheet, etc.)
Perform detailed reconciliations of balance sheet accounts and investigate variances
Review and analyze digital license agreements (interpret contractual terms; establish revenue recognition criteria under ASC 606; establish billing and payment terms)
Investigate and resolve billing discrepancies, short payments, and cash application issues
Prepare and submit quarterly financial disclosures and supporting reports to meet corporate reporting requirements
Support month-end close by preparing journal entries
Support internal and external audits with accurate documentation and timely responses
Assist with ad-hoc reporting and financial analysis
Qualification
Required
Bachelor's degree in accounting; CPA or equivalent certification preferred
3–5 years of hands-on accounting experience, preferably within media, entertainment, or distribution
Strong working knowledge of U.S. GAAP and ASC 606 revenue recognition standards
Experience with month-end close, financial reporting, and account reconciliations
Working knowledge of ERP systems (specifically SAP and Oracle) and reporting tools
Comfortable supporting reporting deadlines that may occasionally fall on weekends
Preferred
Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas)
Strong analytical and organizational skills with attention to detail
Proactive mindset with a focus on identifying issues and driving resolution
Clear and professional communication skills
Capable of managing multiple priorities and meeting tight deadlines in a fast-paced environment