Revenue Analyst

Cv Resources - Pleasant Grove, UT

Full-time

Pleasant Grove, UT

Administrative and Support Services

About the position

We are seeking a Billing and Revenue Analyst to join our Finance Team at an aerospace company. This role is critical in overseeing various billing functions, which include reviewing contracts, setting up sales orders, processing invoices, and managing receipts. The ideal candidate will have a solid understanding of contractual billing, particularly in government defense contracts, and experience with revenue recognition under ASC 606. The Billing and Revenue Analyst will play a key role in ensuring that all billing processes are executed accurately and efficiently, contributing to the overall financial health of the organization. In this position, the analyst will be responsible for analyzing and reconciling inventory and cost transactions across different accounting systems. This includes handling general ledger account reconciliations and ensuring that all financial records are accurate and up-to-date. The role requires collaboration with various departments, including Shipping, Production, Project Management, and Engineering, to ensure that billing is aligned with operational activities. The analyst will also be tasked with processing billings through various customer portals, including the Wide Area Workflow (WAWF) system, and managing collections as necessary. Additionally, the Billing and Revenue Analyst will assist with the monthly close process, account reconciliations, budget preparation, and financial analyses. Identifying and resolving discrepancies in financial records will be a key responsibility, along with implementing process improvements to enhance efficiency and accuracy in billing operations.

Responsibilities

• Manage the billing process, including contract reviews, sales order setup, invoice processing, and receipt posting.
• Collaborate with Shipping, Production, Project Management, and Engineering teams to ensure accurate billing.
• Process billings through various customer portals, including the Wide Area Workflow (WAWF) system.
• Allocate revenue elements and handle deferred revenue transactions according to ASC 606.
• Adjust customer accounts and manage collections as necessary.
• Reconcile inventory and cost amounts between accounting systems and ensure shipping transactions reflect part movement.
• Assist with monthly close, account reconciliations, budget preparation, and financial analyses.
• Identify and resolve discrepancies in financial records and implement process improvements.

Requirements

• Bachelor's degree in Accounting or Finance.
• Minimum of 5 years experience in accounting or a related field, with significant experience in contractual invoicing and billing.
• Preferred experience in government defense contracting, job-cost, and inventory cost accounting.
• Proficiency in Office 365 Suite.
• Strong mathematical, analytical, and problem-solving skills.
• Excellent communication skills and attention to detail.
• Ability to manage multiple tasks and meet deadlines.

Nice-to-haves

• Experience with QuickBooks and/or Global Shop Solutions accounting systems.
• Familiarity with FAR, Government Accounting, and Government Contracting is preferred.