Revenue Accounting and Valuation Manager
2 weeks ago
Primerica is seeking a highly skilled Revenue Accounting and Valuation Manager to join our team. As a key member of our Senior Health segment, you will be responsible for the accounting of the lifetime value of commission revenue recognized for our Senior Health segment.
Responsibilities & Qualifications- Develop 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.
- Administer the annual goodwill impairment analysis performed for the reporting unit and recognize accounting entries for the amortization of acquisition-related intangible assets.
- Participate in the research of technical revenue recognition concepts for changes in contractual relationships or new product lines relating to our products that recognize revenue in accordance with ASC 606.
- Operate the Senior Health segment's revenue recognition valuation model, ensuring 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 and continuously enhance the effectiveness of the model.
- Coordinate processes across corporate and segment leadership teams to ensure proper revenue recognition accounting.
- 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.
- CPA preferred.
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 welcomes applications from diverse candidates. We are committed to creating a workplace that values diversity, equity, and inclusion.
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