Revenue Accounting Job Description
Revenue Accounting Duties & Responsibilities
To write an effective revenue accounting job description, begin by listing detailed duties, responsibilities and expectations. We have included revenue accounting job description templates that you can modify and use.
Sample responsibilities for this position include:
Revenue Accounting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Revenue Accounting
List any licenses or certifications required by the position: CPA, CA, CBAP, PMP, BA, BS, LEED, CHFP, GAAP, BOH
Education for Revenue Accounting
Typically a job would require a certain level of education.
Employers hiring for the revenue accounting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, MBA, Economics, Business/Administration, Management, Communication, Leadership
Skills for Revenue Accounting
Desired skills for revenue accounting include:
Desired experience for revenue accounting includes:
Revenue Accounting Examples
Revenue Accounting Job Description
- Participate in cross-departmental projects to develop the appropriate accounting patterns required under ASC 606
- Foster and develop a culture of teamwork, employee development and accountability
- Demonstrate an unyielding passion for the guest experience, culture, mission and vision
- Provide detailed support for month-end balances
- Calculate the monthly bad debt reserve
- Prepare corporate credit card file
- Provide analytical support for departmental projects
- Ensures all new accounts, closed accounts, and maintenance items are properly accounted for in accrual system as per contract agreements
- Respond to requests from both internal and external audit groups
- Prepare and record monthly revenue accruals
- CPA or international certification along with a BS/BA in Finance or Accounting
- 15 years of experience in a significant management role
- Strong management, training and development experience and skills
- Strong technical accounting skills - GAAP and SEC reporting, cash-flow
- Experience with accounting software and implementation
- Media or high-volume transaction experience required
Revenue Accounting Job Description
- Recruit, train and supervise staff assigned
- Monitor and analyze general ledger accounts to ensure accurate financial information is presented to management in accordance with required timelines
- Prepare and review fluctuation analysis of monthly operating results
- Review monthly account reconciliations prepared by staff/senior accountants in support of ending asset and liability balances ensuring compliance with the Company's policies
- Compile, adjust, evaluate, and review various accruals to ensure their accuracy
- Research ways to streamline and standardize processes to support the Accounting function and participate in NAO project teams focus on centralized processes
- Prepares monthly reporting on revenue activity, conducts analysis of trends and uses professional judgment to settle variances
- Coordinates the recording of month end revenue activity
- Demonstrates familiarity with a broad variety of data sources supporting revenue accounting from various technologies with the applicable requirements for analysis
- Actively engages clients and users in defining revenue accounting business processes supported by process changes or system solutions and uses business cases for full development of business requirements and needs
- High level of precision and attention to detail
- Ability to summarize complex issues into key elements
- Willingness to learn and implement best practices from industry peers
- Proven ability to build confidence and trust with internal and external constituencies
- A strong work ethic and an interest in building a team committed to quality and excellence
- Close working relationship with Corporate Controller Group
Revenue Accounting Job Description
- Assist in the development and documentation of process and procedures supporting the implementation and post deployment activities associated with our new revenue recognition platform
- Participate in the month end close process, responsibilities includes preparation of journal entries, reconciliations and account analysis associated with revenue recognition
- Develop / execute reporting required to support analysis associated with activities accounted for in our new revenue recognition platform in order to explain financial results
- Understand business drivers and their effect on financial results to ensure business changes are accurately reflected in the financial statements and analysis
- Prepares monthly reporting on installment revenue activity, installment AR balances, ABS Offering Memorandum support and conducts analysis of trends and uses professional judgment to settle variances
- Coordinates the recording of month end revenue activity and related ABS activity
- Perform analysis and coordinate with partners to resolve any differences
- Prepares reconciliations of accounts, actively investigates reconciling items to resolve timely
- Employees/Candidates who have attained their CPA certification or in process of achieving their CPA certification
- Creation and execution of monthly and ad hoc reporting
- Demonstrated ability to manage in a complex business systems environment
- Advise business unit operation managers on accounting issues and compliance
- Interact with independent and internal auditors
- Involve with other divisional personnel on cross-divisional issues
- Serve as key accounting resource for FP&A and the business
- Minimum 4 years of experience in industry and/or public accounting or similar work environment
Revenue Accounting Job Description
- Work with business and IT groups through all phases of issue and problem management process
- Communicate within the support team
- Wide-ranging experience working with cross business groups (i.e., FP&A, Policy, Risk/Finance, and Treasury)
- Exercise accuracy in calculating and reconciling numbers from different sources
- Be a proactive team member and a resource for other accountants on the team
- Understand business drivers and their effect on financial results to ensure business changes are accurately reflected in the financial statements and communicated to cross business groups
- Review and approve all work submitted from direct reports, including schedules, approving journal entries, bank reconciliation, chargeback responses, invoices, refunds, and other misc
- Assist with monthly reconciliations and uploading journal entries
- Assist with integration activities of acquired properties
- Aid in streamlining business processes to improve efficiencies
- Experience supervising staff a plus
- Candidate must have strong data mining skills expert skills in Microsoft Access
- Strong understanding of accounting theory and experience with accounting GL and reporting systems
- Able to perform complex analysis and reconciliations of diverse scope and to communicate technical information related to projects or accounting issues
- Ability to mine, manage, and analyze large volumes of data
- Strong organizational and time management skills and the ability to balance various projects simultaneously, understanding prioritizations, with excellent attention to detail
Revenue Accounting Job Description
- Assist with special projects, within accounting and cross-functionally within the Revenue groups
- Participate in ad hoc projects and analysis as necessary
- Participate in other accounting assignments as needed
- Responsible for credit and reserve analysis related to Enterprise revenue
- CPA certification or in process of attaining the CPA certification
- Prepare account reconciliations for revenue related accounts
- Prepare gas balancing statements for operated properties
- Prepare monthly production accounting schedules
- Participate, plan, and introduce newly acquired producing wells into the revenue distribution process by working with various departments, outside purchasers and previous well owners
- Responsible for credit and reserve analysis related to Business revenue
- Comfortable expressing ideas and concerns during interactions and meetings and a strong willingness to collaborate with team members and look for the most effective and efficient solutions
- Excellent verbal and written communication skills, decision-making and analytical abilities
- 4+ years of relevant accounting experience preferably within a large company accounting environment or 3+ years of relevant accounting experience with a large regional or Big Four accounting firm
- Bachelor's degree with an emphasis in Accounting from four-year college or university, or equivalent combination of education and relevant work experience
- Minimum three years of accounting experience, strongly preferred
- 5+ years of relevant accounting experience preferably within a large company accounting environment