Revenue Accounting Manager

3 weeks ago

Addison, United States Ledgent Full time

Position Overview

The Revenue Accounting Manager will oversee the revenue recognition process under ASC 606, ensuring compliance and fostering collaboration across departments to enhance accounting tools and processes. This role involves managing billing, collections, and month-end revenue and cost of revenue close processes, analyzing large datasets using advanced Excel skills, reviewing contracts, and developing accounting policies.

Key Responsibilities

  1. Supervise T&M revenue recognition, billing, collections, and cash application activities, with teams based in Addison, TX and India.
  2. Provide leadership and coaching to team members, helping them develop skills and achieve business and customer-focused results.
  3. Lead the implementation of revenue best practices to support business growth and global revenue expansion.
  4. Ensure customer contract terms and conditions are accounted for correctly under ASC 606.
  5. Review monthly Trade AR, unbilled AR, deferred revenue, unapplied cash, and intercompany balance sheet reconciliations and roll-forwards, ensuring that general ledger account data is accurate, consistent, and auditable.
  6. Integrate acquired businesses into Workday Financials to streamline billing and reporting processes.
  7. Prepare monthly bad debt reserve analysis.
  8. Review and ensure that all revenue and cost of revenue journal entries are supported by proper documentation and approval before recording in Workday Financials.
  9. Contribute to the evaluation and improvement of accounting processes. Create and update standard operating procedure (SOP) documentation.
  10. Support external audits, including annual financial audits, tax audits, and customer audits, by efficiently sourcing relevant data.
  11. Perform other duties as assigned.

Qualifications

  • Education: Bachelor's Degree in Accounting
  • Certifications: CPA preferred
  • Experience:
    • Strong understanding of revenue recognition under ASC 606
    • Experience handling complex revenue arrangements
    • Minimum 5-7 years of accounting experience, including at least 3 years in a supervisory role
    • Experience with Workday Financials is preferred

Knowledge, Skills, and Abilities

  • Ability to manage multiple projects and competing priorities effectively
  • Advanced proficiency in Microsoft Excel
  • Strong understanding of the financial implications of business decisions
  • Highly motivated with excellent problem-solving and interpersonal skills
  • Exceptional attention to detail, accuracy, and time management skills
  • Proven ability to work collaboratively, creatively, and analytically in a fast-paced environment
  • Experience in a high-volume professional services industry is a plus
  • Ability to identify issues and implement solutions at all management levels
  • Excellent verbal and written communication skills


All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county, to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.

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