Senior Revenue Accountant
7 days ago
Cengage Group is seeking a highly skilled Revenue Accountant to join our team. As a key member of our finance department, you will play a critical role in ensuring the accuracy and compliance of our revenue recognition and reporting processes.
Key Responsibilities- Revenue Transaction Analysis: Review and analyze revenue agreements, sales transactions, and business models to ensure accurate recognition and reporting in accordance with US GAAP (ASC-606).
- Collaboration and Communication: Partner with various departments within the organization to understand revenue and ensure proper revenue treatment. Develop strong relationships with stakeholders to drive business outcomes.
- System Expertise: Develop a deep understanding of RevPro, our third-party revenue processing system, and be able to process transactions through the system.
- Reporting and Analytics: Develop reporting and analytical models to identify trends within sales and returns. Provide insights to inform business decisions and drive growth.
- Financial Reporting: Responsible for monthly reconciliations and waterfall schedules. Prepare quarterly balance sheet causal presentations and disclosure preparation.
- Compliance and Control: Follow control procedures and support audit requests. Participate in other duties as needed to meet department objectives and company goals.
- Education: Bachelor's degree in Accounting or Finance.
- Experience: Minimum of 5 years of relevant experience with revenue transactions and accounting guidance around revenue.
- Skills: Solid understanding of MS Excel (pivots & lookups & Power Pivot); experience with a BI solution is a plus. Quantitatively inclined, results-oriented, innovative, adaptable, strong attention to detail, and capable of working independently.
- Communication: Strong problem-solving and analytical capabilities. Ability to identify exceptions and develop innovative and creative solutions. Strong communication skills to effectively collaborate with people across the company.
- Technical: Experience with ERP Systems such as Oracle, SAP, JD Edwards or Enterprise One and experience with management and consolidation tools similar to Hyperion. Proficient with financial reporting and accounting systems and Microsoft Office programs.
Cengage Group is a global education technology company serving millions of learners. We provide affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms.
CompensationCengage Group offers a comprehensive and rewarding Total Rewards package designed to support and empower our employees. The full base pay range has been provided for this position. Individual base pay will vary based on work schedule, qualifications, experience, internal equity, and geographic location. Sales roles often incorporate a significant incentive compensation program beyond this base pay range.
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