Edifecs - Bellevue, WA
posted about 2 months ago
Edifecs is seeking a Revenue Accounting Operations Manager for our Finance Team in Bellevue. This role is pivotal as it involves leading the billing operations functions, driving process improvements, and providing insightful reporting and analysis. The Revenue Accounting Manager will report directly to the Director of Revenue and will be responsible for ensuring timely and accurate billing by internal deadlines. This position requires a hands-on approach to supervising the daily work of billing specialists, reviewing billing detail information to ensure accuracy and completeness, and managing direct billing responsibilities for more complex areas, including variable consideration and professional services. In addition to overseeing billing operations, the Revenue Accounting Manager will monitor professional service project revenue by managing the percentage of completion on project records in NetSuite. Collaboration with the professional services team is essential to ensure the accuracy of percentage completion information and accurate service revenue reporting. The role also encompasses ownership of the revenue month-end close process, which includes preparing revenue journal entries, deferred revenue reconciliation, unbilled accounts receivable reconciliation, accounts receivable reconciliation, sales commission reconciliation, and preparing various monthly reports related to revenue and royalties. The Revenue Accounting Manager will also be responsible for monitoring contracts subject to royalty accounting, confirming the accuracy of royalty reports received from resellers and partners, and performing sales tax reconciliation between accounting records and Avalara. Regular meetings with the collection specialist will be conducted to resolve collection issues and provide suggestions for action steps to successfully collect open invoices. The role requires summarizing and reporting collection progress to the direct supervisor, performing AR reserve analysis, and assisting with ad hoc reporting requests. Collaboration with the finance team on financial planning, analysis, and reporting activities is also a key aspect of this position, along with preparing support packages and reports for annual audits and implementing audit recommendations. Compliance with company accounting standards and guidelines is paramount.