Lead Revenue Accountant

1 week ago


Charlotte, North Carolina, United States Brightspeed Full time
Job Overview

Company Overview:
At Brightspeed, we are redefining connectivity by delivering fast and dependable internet services across twenty states in the Midwest and South. Our mission is to enhance the transition from copper to fiber optic technologies, ensuring superior internet access to underserved rural communities while providing an exceptional customer experience.

Position Summary:
We are seeking a Senior Accountant specializing in Revenue Accounting to enhance our expanding Revenue Accounting team. In this pivotal role, you will report to the Manager of Revenue Accounting and will be instrumental in establishing processes, policies, and procedures that guarantee the precision of our accounting and reporting practices.

Key Responsibilities:

  • Generate journal entries with comprehensive documentation for the monthly, quarterly, and annual closing cycles related to revenue accounting, including billed revenue, recognized versus deferred revenue, and financial statements.
  • Conduct thorough contract reviews for non-standard terms and apply ASC-606 principles to ensure accurate revenue recognition.
  • Calculate current expected credit losses (CECL) and specific revenue reserves.
  • Assist in the implementation of the SAP BRIM billing system, including the transition from legacy billing systems.
  • Prepare reconciliations for various balance sheet accounts, ensuring all supporting documentation is in order.
  • Contribute to the creation of monthly financial management reports.
  • Analyze and document fluctuations in the income statement and balance sheet on a monthly basis.
  • Collaborate with teams across various departments to gather and disseminate financial information.
  • Support external and internal audit activities as required.
  • Review and improve analytical processes and controls.
  • Maintain effective working relationships with key business partners.

Qualifications:

  • Bachelor's degree in Accounting or Finance.
  • CPA certification is mandatory.
  • A minimum of 3 years of accounting experience in a corporate or financial reporting environment.
  • Proficient understanding of ASC-606 principles.
  • At least 2 years of experience in revenue accounting utilizing ASC-606 guidelines.
  • Experience in organizing substantial volumes of information and implementing automation tools and solutions.
  • Proficient in database tools and financial reporting software.
  • Strong communication skills with the ability to effectively lead meetings and explain complex concepts to non-technical audiences.
  • Demonstrated ownership and accountability for responsibilities, given the deadline-driven nature of the role.
  • Ability to adapt to a dynamic business environment and organizational changes.

Preferred Qualifications:

  • Master's degree in Accounting or Finance.
  • Experience with SAP and/or RAR.
  • Familiarity with billing system implementations and migrations.
  • Background in the telecommunications sector.

Why Brightspeed?
We are committed to innovative work practices and recognize the importance of a diverse and inclusive workforce. Our comprehensive benefits package reflects our dedication to promoting overall wellness, including competitive medical, dental, vision, and life insurance, along with a 401K plan with company matching. At Brightspeed, we value authenticity and believe that a diverse team fosters better advocacy for accessible and high-quality internet services.



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