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Revenue Accounting Specialist
2 months ago
Position Overview:
The Revenue Accounting Specialist plays a vital role in the daily and monthly functions of revenue accounting and reporting, ensuring compliance with U.S. GAAP and corporate standards.
This position involves aiding in the interpretation of technical accounting principles, enhancing revenue processes, and supporting various components of billing and revenue systems.
The Revenue Accounting Specialist also contributes to month-end financial reporting and assists during the year-end audit process.Key Responsibilities:
Review sales agreements meticulously, escalating any significant or atypical transactions to the Technical Accounting team to guarantee that revenue recognition adheres to ASC 606 guidelines and company protocols.
Ensure seamless transfer of sales data from Salesforce CPQ into Sage Intacct for accurate revenue recognition and prompt client invoicing.
Collaborate with Service Operations to verify the accuracy of time and billing rates in the time tracking system, ensuring this data is accurately reflected in Intacct for timely revenue recognition.
Respond to requests from the Accounts Receivable team concerning client terms and invoicing stipulations as per contractual agreements.
Update ongoing support revenue start dates to align with the commencement of services for precise revenue recognition.
Assist in the preparation of monthly revenue analyses and forecasts.
Engage in initiatives aimed at improving the Order to Cash process.
Conduct research and collaborate in the development of documentation related to accounting standard adoptions and policy revisions.
Support external financial audits by preparing necessary documentation and providing timely responses to audit inquiries.
Maintain current knowledge of authoritative accounting standards regarding ASC 606 revenue recognition.
Participate in special projects as assigned by the Technical Accounting Team.
Qualifications:
Bachelor's degree in Accounting or Finance is required.
Minimum of 1 year of experience in Accounting.
Experience with a Big 4 public accounting firm is advantageous. Strong understanding of U.S. GAAP; experience managing complex accounting issues and demonstrating proficiency in current accounting regulations and internal controls.
Pursuing or holding a CPA license is a plus.
Familiarity with Salesforce CPQ and/or Intacct is beneficial.
Ability to collaborate effectively and influence cross-functional teams.
About Origami Risk:
Origami Risk delivers integrated SaaS solutions to a diverse range of organizations within the risk and insurance sectors, including corporate and public entities, brokers, risk consultants, insurers, third-party claims administrators (TPAs), and risk pools.
Our risk management and insurance core system solutions are provided through a cloud-based platform that is highly configurable, scalable, and accessible via web and mobile applications.
Dais Technology, a subsidiary of Origami Risk, offers a no-code platform that transforms insurance product development for MGAs, insurers, and reinsurers. Dais' event-driven architecture facilitates AI-powered bundling, automation, and real-time deployment.
Solutions from Origami Risk and Dais Technology are supported by a dedicated service team of experienced professionals who combine industry knowledge with technological expertise.
Our commitment to helping clients achieve their business goals is central to our approach in developing, implementing, and supporting our risk management, safety, compliance, and insurance core system technology solutions.
Origami Risk is an equal opportunity employer, dedicated to fostering diversity and creating an inclusive environment for all employees. We do not discriminate based on race, religion, gender, sexual orientation, gender identity, color, national origin, age, marital status, military or veteran status, disability, or any other characteristic protected by applicable law.