Revenue Accounting Manager

Follett School Solutions - Milford, OH

Full-time

Milford, OH

Merchant Wholesalers, Nondurable Goods

About the position

The Revenue Accounting Manager will play a crucial role in ensuring accurate revenue recognition, maintaining compliance with accounting standards, and optimizing revenue-generating activities. This position offers an exciting opportunity for a detail-oriented individual with strong analytical skills and a deep understanding of accounting principles to collaborate with cross-functional teams to assess the impact of ASC 606 on revenue recognition processes and systems. The role requires managing multiple priorities and deadlines effectively, ensuring that all revenue-related activities align with the company's financial goals and regulatory requirements. In this position, the Revenue Accounting Manager will be responsible for reviewing Requests for Proposals (RFPs) and contracts to ensure that the processes are complete and accurate. They will establish the annual Standalone Selling Price (SSP) pricing and record quarterly revenue adjustments, including open item calculations. Monthly reconciliation and reporting on consolidated revenue from Oracle to the General Ledger (GL) will be a key responsibility, along with maintaining up-to-date revenue process documentation from start to finish. The manager will assist in the annual audit and help establish internal audit processes. They will also review credit impacts and assess whether a credit reserve is required. Integrating acquisitions into the revenue processes, conducting monthly reviews, and drafting memos will be part of their duties. Additionally, the Revenue Accounting Manager will be responsible for drafting White Papers and/or new policies on compliance with ASC 606 or any applicable GAAP regulations. User Acceptance Testing (UAT) on new SKUs/products will also be required to ensure that the production environment matches what was tested.

Responsibilities

• RFP and Contract Review to ensure the process is complete and accurate.
• Establishing the annual SSP pricing and recording quarterly revenue adjustments including open item calculations.
• Monthly reconciliation and reporting on consolidated revenue from Oracle to GL.
• Maintaining up-to-date revenue process documentation from start to end.
• Assisting in the annual audit and establishing internal audit processes.
• Reviewing credit impacts and assessing if a credit reserve is required.
• Integrating acquisitions into revenue processes, conducting monthly reviews and memos.
• Drafting White Papers and/or new policies on compliance with ASC 606 or any applicable GAAP regulations.
• Conducting UAT on new SKU/product and ensuring that the production environment matches what was tested.

Requirements

• Auditing background with revenue recognition experience for a Software company.
• Previous leadership experience is considered an advantage.
• Ability to interact with all levels of the organization.
• Expertise in ASC 606 revenue recognition standards.
• Experience leading ASC 606 implementation projects.
• 5-7 years of experience in a relevant field.
• Bachelor's degree or equivalent.