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Senior Revenue Accountant

2 months ago

Charlotte, North Carolina, United States Brightspeed Full time
Job Overview

Company Overview:
At Brightspeed, we are transforming the way individuals connect and communicate by delivering fast and dependable internet services across multiple states in the Midwest and South.

Supported by Apollo Global Management, our mission is to expedite the transition from copper to fiber optic technologies, enhancing internet accessibility in rural areas that have historically been overlooked by broadband providers, while ensuring an exceptional customer experience.

Become a vital part of our initiative to create a top-tier fiber network and an unparalleled customer journey.

Position Summary:

We are seeking a Senior Accountant specializing in Revenue Accounting to enhance our expanding Revenue Accounting division.

In this position, you will report to the Manager of Revenue Accounting. Your responsibilities will include the development and enforcement of processes, policies, and procedures to guarantee the precision of accounting and reporting. You will play a crucial role in the financial month-end closing and reporting activities by managing intricate journal entries for the organization. Collaborating with key business stakeholders and finance partners, you will provide accounting expertise across all functional areas while ensuring compliance with relevant guidelines, policies, and procedures.

Key Responsibilities:
  • Prepare journal entries with appropriate documentation for the monthly, quarterly, and annual closing processes related to revenue accounting, including billed revenue, recognized versus deferred revenue, and financial statements.
  • Conduct thorough contract reviews for non-standard terms and apply ASC-606 principles to ensure accurate revenue recognition.
  • Calculate current expected credit losses (CECL) and specific revenue reserves.
  • Assist in the implementation of the SAP BRIM billing system, including the transition from legacy billing systems.
  • Prepare various reconciliations for balance sheet accounts, ensuring adequate supporting documentation.
  • Contribute to the preparation of monthly financial management reports.
  • Analyze and document fluctuations in the income statement and balance sheet on a monthly basis.
  • Coordinate with teams across different departments and locations to gather and disseminate financial information.
  • Support both external and internal audit activities as required.
  • Review and enhance analytical processes and controls.
  • Maintain effective working relationships with key business partners.
Qualifications:

Essential Skills and Experience:

  • Bachelor's degree in Accounting or Finance.
  • CPA certification is mandatory.
  • A minimum of 3 years of accounting experience in a corporate accounting or financial reporting environment.
  • Proficient understanding of ASC-606 principles.
  • At least 2 years of experience in revenue accounting adhering to ASC-606 guidelines.
  • Experience in organizing substantial volumes of information and implementing automation tools and solutions.
  • Proficient in database tools and financial reporting software.
  • Excellent communication skills, with the ability to conduct meetings effectively and explain complex concepts to non-technical audiences.
  • Demonstrated ownership and accountability for tasks, given the deadline-driven nature of the role.
  • Ability to adapt to evolving business environments and organizational structures.

Preferred Qualifications:

  • Master's degree in Accounting or Finance.
  • Experience with SAP and/or RAR.
  • Familiarity with billing system implementations and migrations.
  • Background in the telecommunications sector.
Why Brightspeed?

We are committed to modern working practices and have been recognized as a Top Workplace. Our headquarters fosters a vibrant environment for our hybrid workforce. We offer competitive compensation and a comprehensive benefits package that promotes overall wellness, including medical, dental, vision, and life insurance, along with a 401K plan with company matching.

At Brightspeed, diversity, equity, and inclusion are fundamental to our core values. We believe that when we bring our authentic selves to work, we create a better environment for everyone. A diverse team empowers us to advocate for accessible, inclusive, and high-quality internet services, promoting equity in the communities we serve.

Brightspeed is an Equal Opportunity Employer/Veterans/Disabled.