Revenue Accounting and Valuation Manager
1 month ago
About This Position
The Revenue Accounting and Valuation Manager is responsible for the accounting of the lifetime value of commission revenue recognized for the Company's Senior Health segment. This role will be responsible for developing the estimate for the lifetime value of commission revenue expected from the distribution of senior health insurance policies and the quarterly valuation of the renewal commission receivable recognized by the Company.
Responsibilities and Qualifications
- Develop and maintain the revenue recognition valuation model for the Senior Health segment.
- Perform controls to ensure completeness and accuracy of data input into the model and the outputs used to prepare revenue journal entries.
- Use data analytics to identify trends in commission data to ensure revenue lifetime value estimates are appropriate.
- Coordinate processes across corporate and segment leadership teams to ensure proper revenue recognition accounting.
- Prepare the amortization entries for the intangible assets on a quarterly basis.
- Monitor the assets to determine if there are any triggering events that would require an adhoc impairment analysis.
- Complete monthly/quarterly account reconciliations to support the balances.
Requirements and Qualifications
- Bachelor's degree or equivalent experience in Accounting, Finance, Data Science or related field.
- 4 – 5 years of work experience with financial valuation and/or revenue recognition concepts.
- Experience with the execution or testing of SOX 404 internal controls including the validation of the completeness and accuracy of data used to prepare valuation estimates.
- Highly functional operating with data analytical tools including Microsoft Excel and Power BI.
- Ability to understand how data elements are used by algorithmic models.
Preferred Requirements and Qualifications
- CPA Preferred.
FLSA Status: This position is exempt (not eligible for overtime pay): Yes
Our Benefits:
- Day one health, dental, and vision insurance.
- 401(k) Plan with competitive employer match.
- Vacation, sick, holiday and volunteer time off.
- Life and disability insurance.
- Flexible Spending Account & Health Savings Account.
- Professional development.
- Tuition reimbursement.
- Company-sponsored social and philanthropy events.
Primerica is an Equal Opportunity Employer and provides equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state or local laws.
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