Financial Reporting Manager
3 days ago
LH Global Consulting is conducting a private search for an experienced Revenue Accounting Manager. As a key member of our accounting team, you will play a critical role in ensuring the accuracy and timeliness of our financial reporting.
Key Responsibilities:
- Revenue Recognition and Compliance:
- Ensure that all revenue is accurately recognized in accordance with GAAP (Generally Accepted Accounting Principles), ASC 606, and other applicable accounting standards.
- Review and assess contracts, sales agreements, and other documentation to ensure proper revenue recognition.
- Ensure all required disclosures related to revenue are included in financial statements.
- Lead and coordinate the end-of-year revenue close process, ensuring timely and accurate financial reporting.
- Manage reconciliation of revenue-related accounts to ensure consistency between the general ledger and supporting schedules.
- Ensure proper accounting for deferred revenue, accrued revenue, and other related items at year-end.
- Prepare revenue schedules, journal entries, and related reports for year-end financial statements.
- Work closely with internal auditors and external auditors to provide necessary documentation and support for audit reviews.
- Analyze year-over-year revenue performance and trends, providing actionable insights to senior management.
- Implement and maintain robust internal controls to prevent errors, fraud, and misstatements in revenue recognition and related processes.
- Ensure compliance with internal policies, procedures, and regulatory requirements.
- Partner with Sales, Operations, and Legal teams to gather relevant information related to revenue transactions and contracts.
- Work with FP&A (Financial Planning and Analysis) to ensure alignment between revenue forecasts and actual performance.
- Provide guidance and training to junior accounting staff as needed.
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