Lead Revenue Accounting Specialist

2 weeks ago


Roseland, New Jersey, United States WhiteCap Search Full time
Position Overview

A prominent Technology Company is seeking to fill a Senior Revenue Accountant position, offering the flexibility of hybrid or fully remote work arrangements, with occasional travel requirements.

Key Responsibilities
  • Revenue Recognition Compliance: Spearhead the implementation and continuous adherence to ASC 606 revenue recognition standards.
  • Contract Analysis: Examine and interpret sales contracts, agreements, and pertinent documents to ascertain appropriate revenue recognition treatment in line with ASC 606 guidelines.
  • Billing Oversight: Ensure precise and timely billing activities that comply with ASC 606 requirements.
  • Account Reconciliation: Supervise the reconciliation of revenue accounts and address discrepancies in accordance with ASC 606 standards.
  • Financial Reporting: Prepare and review revenue-related financial reports, ensuring compliance with ASC 606 disclosure requirements.
  • Audit Coordination: Act as a primary contact for internal and external auditors, supplying necessary documentation and explanations related to ASC 606 revenue recognition.
  • Process Optimization: Lead initiatives aimed at streamlining and enhancing revenue recognition processes in alignment with ASC 606 guidelines.
  • Cross-Department Collaboration: Work closely with sales, finance, legal, and other departments to ensure a consistent interpretation and application of ASC 606 guidelines throughout the organization.
  • Stakeholder Training: Provide guidance and training to stakeholders on ASC 606 principles and their implications for revenue recognition practices.
Qualifications
  • Bachelor's degree in accounting.
  • CPA certification is highly preferred.
  • 4-7+ years of progressive experience in revenue accounting, particularly in ASC 606 implementation and compliance.
  • Comprehensive knowledge of ASC 606 revenue recognition standards and their practical application.
  • Proficiency in accounting software such as NetSuite and Microsoft Excel.


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