75 applicants

Company

Angi · 5 hours ago

Manager, Revenue Accounting

Urbana-Champaign Area

Full-time

Remote

Mid, Senior Level

$95K/yr - $145K/yr

5+ years exp

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Responsibilities

Leading the monthly, quarterly, and annual revenue close processes, ensuring timely and accurate revenue recognition in compliance with ASC 606.

Reviewing and analyzing revenue-related journal entries, account reconciliations, and financial reports to support financial statement accuracy.

Overseeing our assessment of credit loss reserves.

Overseeing your team as they review contracts and agreements for appropriate revenue recognition treatment, collaborating with legal and sales teams to ensure compliance with accounting policies.

Identifying, implementing, and managing improvements in revenue accounting processes and systems to enhance efficiency and accuracy.

You will create and maintain all corporate revenue policies.

Managing, mentoring, and developing a team of revenue accountants, providing guidance on technical accounting issues and ensuring consistent high performance.

Fostering a collaborative environment across the accounting, finance, and other departments to ensure seamless revenue reporting processes.

Promoting a culture of continuous learning and development within the revenue accounting team.

Ensuring adherence to internal controls over financial reporting (ICFR) related to revenue accounting.

Serving as the primary point of contact for external auditors during financial statement audits related to revenue recognition and SOX compliance for your line of business.

Maintaining a deep understanding of accounting principles and ensure all revenue recognition practices for your line of business are in accordance with GAAP and ASC 606.

Collaborating closely with the sales, legal, finance, and product teams to address revenue recognition issues related to new product offerings, customer contracts, and promotions for your line of business.

Providing financial insights and guidance to help shape business decisions, particularly related to pricing, contracts, and revenue forecasts.

Providing training and guidance to teams across the business on revenue accounting and compliance.

Qualification

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Revenue RecognitionASC 606GAAPCPAERP SystemsProcess ImprovementTeam Development

Required

Bachelor’s degree in Accounting, Finance, or related field

Active CPA

5-8 years of experience in revenue accounting, with at least 1 year in a leadership or management role

Experience working in a publicly traded company, ideally within a tech, online marketplace, or online subscription model business

Thorough understanding of ASC 606 and GAAP revenue recognition requirements

Proactive in identifying process improvements and take initiative to diagnose and remediate potential issues

Experience in working with ERP systems (NetSuite, SAP, Oracle, etc.) and revenue recognition tools

Demonstrated ability to lead, mentor, and develop high-performing teams

Strong analytical skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment

Excellent communication skills, both written and verbal, with the ability to present complex information clearly to stakeholders of all levels, including executives