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Revenue Management Analyst
2 months ago
CV Resources is collaborating with a prominent aerospace organization to recruit a skilled Billing and Revenue Analyst.
Position Overview:
We are in search of a dedicated Billing and Revenue Analyst to enhance our Finance Team. This role is pivotal in managing billing operations, which encompasses contract evaluations, sales order configurations, invoice processing, and receipt management.
The responsibilities entail thorough analysis and reconciliation of inventory and cost transactions across various accounting platforms, in addition to overseeing general ledger account reconciliations.
A comprehensive understanding of contractual billing, especially within government defense contracts, along with expertise in revenue recognition (ASC 606), is essential.
Key Responsibilities:
- Oversee the billing cycle, including contract assessments, sales order creation, invoice management, and receipt postings.
- Collaborate with Shipping, Production, Project Management, and Engineering departments to ensure precise billing.
- Execute billings through diverse customer portals, including the Wide Area Workflow (WAWF) system.
- Allocate revenue components and manage deferred revenue transactions in accordance with ASC 606.
- Adjust customer accounts and handle collections as required.
- Reconcile inventory and cost figures across accounting systems, ensuring shipping transactions accurately reflect part movements.
- Assist with monthly closing processes, account reconciliations, budget development, and financial analysis.
- Identify and rectify discrepancies in financial records while implementing process enhancements.
Required Qualifications:
- Bachelor's degree in Accounting or Finance.
- At least 5 years of experience in accounting or a related discipline, with considerable expertise in contractual invoicing and billing.
- Preferred experience in government defense contracting, job-costing, and inventory cost accounting.
- Proficiency in Office 365 Suite.
- Strong mathematical, analytical, and problem-solving capabilities.
- Excellent communication skills and meticulous attention to detail.
- Ability to manage multiple priorities and adhere to deadlines.
Desired Qualifications:
- Familiarity with QuickBooks and/or Global Shop Solutions accounting systems.
- Knowledge of FAR, Government Accounting, and Government Contracting is advantageous.
Keywords:
Revenue Analyst