Revenue Accountant Job Description
Revenue Accountant Duties & Responsibilities
To write an effective revenue accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included revenue accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Revenue Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Revenue Accountant
List any licenses or certifications required by the position: CPA, ACCA, CIMA, ACA, CA, MBA, CMA, EC
Education for Revenue Accountant
Typically a job would require a certain level of education.
Employers hiring for the revenue accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Education, Business/Administration, Communication, Information Systems, Management, Business/Economics, Public Accounting
Skills for Revenue Accountant
Desired skills for revenue accountant include:
Desired experience for revenue accountant includes:
Revenue Accountant Examples
Revenue Accountant Job Description
- Managing the identification, research and resolution of all issues related to revenue recognition impacting the regions within the role's remit
- Managing the the development of Accounting and Finance policies
- Partnering with business units in the analysis and documentation of transactions and ensuring all relevant accounting issues are identified and resolved
- Supporting payment channel optimisation
- Performing ad hoc projects/tasks as requested
- Work in partnership with Ad Sales and the wider Finance team to make sure invoices are generated accurately and punctually across our 3 billing entities in the UK, US and Australia
- Build strong relationships with our internal and external partners in order to facilitate prompt payment of invoices and continue to develop strong overall relationships
- Ensure accrued and deferred income is correctly accounted for on a monthly basis in line with varied contractual arrangements
- Fully manage a team of two - running regular meetings to keep the team on track and to encourage their professional development
- Foster a dynamic culture within your team - one that is focused on continuous improvement and process development
- Field questions regarding the appropriate recognition of revenue
- Ability to gather and interpret relevant data and information, including contracts and sales agreements
- An analytical mind set is key
- Progression in career
- Calculate quarterly commission payments to both staff and partners also providing comprehensive reporting
- Be responsible for external reporting and compliance in relation to revenue, EC Sales Lists, provision of tax certificates to overseas clients
Revenue Accountant Job Description
- Gross Management and Performance fee accruals for certain products and clients
- AUM and flow reporting
- Review and preparation of fee billing for certain products and clients
- Statutory and regulatory reporting for allocated trading entities
- Demonstrates insightful use of financial analysis techniques, tools, and concepts, to provide practical counsel to internal customers and management in order to drive business decision making across the company
- Demonstrates the initiative to drive change and influence others across the organization in support of the company's goals and objectives
- Understands and facilitates the integration of business processes, people, and relevant technology, in order to identify, configure, and communicate useful information
- Ensure that all required approvals, including pricing exceptions, non-standard financial T&C authorizations, approvals for shipments without contract, etc are documented in deal file
- Work with financial systems and system updates
- Ensure invoices are formatted correctly
- Prefer 1-3 years of experience in an accounting role (internship/AP/AR/etc.)
- Significant relevant experience with large, fast-growing, multi-national company
- Manage Accounts Receivable and reconciliations
- Analyze payment receipts
- Update client pricing
- Participate in project management and project billing
Revenue Accountant Job Description
- Verify all billing information is accurate
- Perform monthly close process for revenue, deferred revenue, unbilled A/R, allowances and accrual for returns, rebates and price protection
- Collaborate with FP&A to book Inter-company invoices and accruals and analyze forecast vs
- Review monthly accruals and deferrals related to revenues
- Works closely with Food & Beverage Management to configure menu changes or setups and system functionality
- Ensures all proper cash controls are in place throughout the property by monitoring, maintaining and reporting all NG cashiering variances investigating any suspicious activity identified through the point of sale system reporting and issuing exception reports to management
- Follow up on all billing data for (a) certain entit(y)(ies) within a certain month and defining orders for which further obligations are applicable
- Follow up on service contracts, service revenue, high credit values, free of charge deliveries, rental verifications, significant orders, billing blocks, extended warranties…
- Own the whole process of revenue deferrals based upon the above using journal voucher uploads
- Lead month-end calls with stakeholders discussing, escalating, sharing the current status before month end close
- Manage the revenue reserve for PS, FOB destination and multiple elements arrangements
- Assist with the month-end close activities including preparing journal entries pertaining to PS and account reconciliation
- Provide monthly revenue report to the PS finance team
- Assist with the daily revenue contingencies codes in the revenue tool
- Public accounting and/or accounting advisory experience
- Bachelor's degree with an Accounting focus (CPA preferred)
Revenue Accountant Job Description
- Complete reconciliations for all Balance Sheet accounts within your ownership in Blackline
- Ensure tie out between 2 accounting modules (SAP and BW)
- Interact where needed for credit note issuance (approvals, posting)
- Own the process of profit elimination and re-class for all international entities
- Timely bookings and contract review - enabling on-time revenue close and resolution of potential revenue recognition issues
- Participation in monthly revenue close procedures ensuring timely delivery of information to stakeholders in accounting, finance, customer success, education, and training sales
- Implements best practices in RAC viz
- SAP analysis of various co
- Review revenue contracts and determine appropriate accounting treatment
- Lead process improvements related to customer negotiations of non-standard terms and order entry functions
- 3+ years of AR/Revenue experience
- Sales, Operations, Finance
- Bachelor’s degree in accounting, finance, banking or management preferred or equivalent work experience
- Must be able to reconcile general ledger accounts with minimum assistance
- Must possess certain knowledge of how the revenue flows from the system generated report to the financial statements
- Knowledge of Infogenesis and previous experience in food & beverage cashiering or retail sales cashiering is a plus
Revenue Accountant Job Description
- Prepare periodic studies (including Fair Value, customer life)
- Prepare journal entries, reconcile accounts and other month end close duties
- Assists the Senior Revenue Distribution Accountant in the monthly revenue settlement process
- Tracks and follows progress of recouping funds due to the company caused by prior period adjustments
- Verifies information for 1099 processing and reporting
- Prepares and prints the settlement checks and facilitates the mailing of such
- Resolves customer service calls on checks, 1099, and unclaimed property questions and concerns
- Mails monthly due diligence letters for dormant funds susceptible to unclaimed property
- Aids the Senior Revenue Distribution Accountant in reporting unclaimed property
- Helps the Senior Revenue Distribution Accountant with the monthly check reconciliation
- Experience of a multi-national/ shared services environment.-Previous revenue recognition experience a must
- Actively pursuing accounting designation
- Minimum 2 years accounting experience preferred
- Revenue experience is a plus
- Fluent in written and spoken English is a must, each additional European language is an asset
- Continuous and versatile learning agility