INSPYR Solutions · 1 month ago
Sr. Loyalty Accounting Manager
Miami, FL
Full-time
Hybrid
Senior Level, Lead/Staff
$100K/yr - $140K/yr
10+ years expINSPYR Solutions is a national expert in delivering flexible technology and talent solutions. The Senior Manager, Loyalty Accounting will work closely with key financial personnel to ensure accurate reporting of loyalty-related revenue and costs, manage a team, and support various accounting functions under US GAAP.
Information TechnologyProfessional ServicesStaffing Agency
No H1B
Responsibilities
Manages a team of direct and indirect reports including day to day oversight, providing professional development opportunities and annual performance evaluation
Specifically, the role provides ongoing review and compliance of revenue recognition related to the loyalty program for proper application of FASB ASC Topic 606 (i.e., apportionment of sales to deferred revenue, recognition of previously deferred revenue upon point redemption, etc) and General Accounting
Maintain and update underlying schedules and workpapers used to determine loyalty accounting balances for period-end reporting
Coordinate with co-branding partners that utilize loyalty brands for the Company's portion of revenue share, bounties, etc., as well as the amount of point liability to be accrued each reporting period
On an as-needed basis, perform all technical research related to loyalty accounting and US GAAP, including the impact of any pronouncements issued by the FASB and their potential impact on company's loyalty accounting and all general financial reporting issues
Collaborate with FP&A, the Loyalty Program Team, and other departments within the Company that will require a loyalty accounting viewpoint for planning, forecasting, etc., including the maintenance of internal models used for these purposes
Take ownership and manage all policy memos regarding the technical accounting positions related to the application of loyalty accounting and general accounting issues in the Revenue Accounting group under US GAAP
Provide the financial reporting team with all loyalty-related balances and disclosures required for regulatory filings
Serve as the external auditor's point-of-contact for all questions and requests related to loyalty accounting and general accounting issues related to Revenue Accounting
Work on Special and Ad-hoc Projects are required to support the Loyalty Accounting and Revenue Accounting function
Qualification
Required
Bachelor's Degree in Accounting or related field
Master's Degree in Accounting/Business Administration combined with a CPA
Certified Public Accountant (CPA) or Certified Management Accountant (CMA)
6 – 8 years of public accounting experience, preferably from a 'Big 4' firm in the audit line of service or in a consulting capacity that advises on technical accounting matters
10 years of overall accounting experience with a mix of public accounting and loyalty accounting
The ability to perform technical accounting research through use and direct referencing of the FASB Accounting Standards Codification, not developing research solely through interpretive guides, manuals, and other nonauthoritative sources
A comprehensive understanding of FASB ASC Topic 606, especially as it relates to loyalty accounting (i.e., allocation of a material right, accounting for breakage, accounting for loyalty brand IP (symbolic IP) and the application of the sales-based royalty scope exception, estimating SSP for loyalty points, updating estimates of constrained variable consideration and breakage, etc.)
Company
INSPYR Solutions
INSPYR Solutions is a information technology staffing service providers.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Gregg Straus
Executive Vice President & Chief Financial Officer
Michelle Wren
Chief Operating Officer
Recent News
2025-09-12
Company data provided by crunchbase