Planet Dds - Phoenix, AZ

posted 4 days ago

Full-time - Mid Level
Hybrid - Phoenix, AZ
10,001+ employees
Publishing Industries

About the position

The Revenue Accounting Manager at Planet DDS is responsible for overseeing the billing and operations of the company, ensuring accurate invoicing, establishing standard operating procedures (SOPs) to streamline processes, and enforcing timely collection of payments. This role is critical for maintaining the financial health of the organization by ensuring that all billing processes are efficient, accurate, and compliant with company policies and legal regulations. The position is hybrid, requiring in-office work two times a week in one of the specified locations.

Responsibilities

  • Manage the entire billing process, including the issuance of invoices and monitoring accounts receivable.
  • Oversee and prepare journal entries related to revenue recognition, deferrals, and adjustments during the month-end close process.
  • Analyze and explain variances between actuals and forecasts during the month-end close process.
  • Track, review, and adjust prior-period revenue impacts and ensure proper reflection in financials.
  • Recommend and draft journal entries to ensure accurate revenue accounting and compliance with GAAP standards.
  • Identify opportunities for streamlining and improving billing processes through managing automation projects.
  • Leverage AI to ensure timely cash application and expedite collection efforts.
  • Develop and enforce policies to address gaps in the quote to cash system.
  • Manage chargebacks and refunds effectively.
  • Address and resolve any billing discrepancies or client inquiries promptly and professionally.
  • Develop strategies to minimize overdue accounts and manage the collections process.
  • Collaborate with finance, accounting, customer success, L&D, and sales teams to ensure accurate billing information and resolve any issues.

Requirements

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • CPA preferred.
  • Strong knowledge of GAAP and ASC 606 revenue recognition principles.
  • Strong proficiency in Microsoft Excel (pivot tables, XLOOKUP, SUMIF) to analyze large volumes of data.
  • 5-7 years of accounting experience with a focus on revenue recognition principles.
  • Strong knowledge of billing procedures and systems.
  • Excellent leadership and team management abilities.
  • High attention to detail and strong analytical skills.
  • Proficiency in billing and accounting software (e.g., Sage Intacct).
  • Strong communication skills, both written and verbal.
  • Ability to work under pressure and meet tight deadlines.
  • Problem-solving mindset with a focus on process improvement.
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