Accounting Senior Manager
2 weeks ago
Position: Senior Manager, Accounting
Location:
Remote
Employment Type:
Full-Time
Job Overview:
The Senior Manager, Accounting plays a crucial role in ensuring precise and timely revenue recognition in alignment with US GAAP and organizational policies. This position is integral to the Accounting team, overseeing general accounting operations and driving efficiency within the revenue accounting function.
Key Responsibilities:
1. Manage the revenue accounting process, ensuring compliance with ASC 606 and addressing inquiries from senior management and external auditors.
2. Oversee the monthly revenue close process, including the review and approval of journal entries related to revenue, deferrals, commissions, return reserves, and accounts receivable.
3. Review and approve general accounting entries for intercompany transactions, accruals, and prepaids.
4. Maintain accurate SOX financial process documentation and manage the execution of the order to cash process along with specific financial reporting SOX controls.
5. Identify and implement process improvements to enhance efficiency while ensuring appropriate documentation and accounting treatment.
6. Collaborate with treasury, inventory, tax, and financial planning teams to provide guidance on accounting practices and general ledger coding.
7. Advise senior leadership on significant variances in budgets, forecasts, and period-over-period changes.
8. Coordinate audit deliverables with external auditors and delegate tasks to team members.
9. Conduct analysis and reconciliation of balance sheet accounts.
10. Prepare revenue-related disclosures for quarterly and annual reports.
11. Undertake additional special projects as assigned.
Qualifications:
- In-depth knowledge of US GAAP revenue recognition standards, particularly ASC 606, and SOX compliance.
- Preferred experience in public company SOX compliance.
- Strong analytical and problem-solving capabilities with a focus on resolving accounting challenges.
- Ability to thrive in a fast-paced environment while managing multiple priorities.
- Proactive approach to improving efficiency and accuracy.
- Excellent verbal and written communication skills, capable of conveying complex accounting concepts to diverse teams and senior management.
- High proficiency in Microsoft Excel.
Experience:
- Background in public accounting at a Big Four or top mid-tier firm is highly desirable.
- 5-7 years of progressive accounting experience, including 2-3 years in a leadership capacity.
- Familiarity with Oracle EBS and FCCS is advantageous.
Education:
- Bachelor's degree in Accounting is required; CPA certification is preferred.
Compensation and Benefits:
The Beachbody Company offers a comprehensive rewards package, including a competitive benefits suite, annual bonus opportunities, employee stock purchase plans, 401k plans with company matching, generous paid leave, and extensive training and career development programs. All benefits are subject to eligibility requirements and may vary based on job level.
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