Technical Accounting Manager

$94,420 - $125,890/Yr

Lumen Technologies - Atlanta, GA

posted 2 months ago

Full-time - Mid Level
Remote - Atlanta, GA
Telecommunications

About the position

The Technical Accounting Manager position at Lumen is a pivotal role that supports global technical accounting matters, particularly focusing on revenue recognition and ensuring compliance with U.S. GAAP. This position requires a deep understanding of current accounting pronouncements and emerging issues, as well as the ability to review non-standard contracts and prepare detailed accounting memos. The successful candidate will present prescribed accounting treatments and maintain a comprehensive contract review log. Additionally, this role involves guiding and training others in the proper accounting for non-standard contracts, making it essential for the candidate to possess strong leadership and communication skills. In this role, the Technical Accounting Manager will provide technical guidance on new and emerging accounting and reporting issues, assisting the business in implementing new requirements. The candidate will also be responsible for providing ASC 606 training and consulting with various teams, including product, legal, and sales, regarding revenue treatment for new or non-standard agreements. Collaboration with the SEC Reporting and Business Process teams is crucial, as is assisting with quarterly analysis and reviews. The candidate will lead and assist the business in recording and documenting the quarterly credit losses estimate, ensuring that all accounting practices align with regulatory standards. The ideal candidate for this position is a CPA with a minimum of six years of experience, including at least three years in public accounting. A strong understanding of U.S. GAAP and SEC financial reporting requirements is essential, along with excellent analytical, communication, and teamwork skills. The role is designed for a self-motivated individual who can thrive in a fast-paced environment and is capable of learning new systems and reporting tools quickly. Integrity and the ability to work effectively in a cross-functional, team-oriented environment are also key attributes for success in this position.

Responsibilities

  • Providing technical guidance on new and emerging accounting and reporting issues.
  • Leading/assisting business in implementing new requirements.
  • Providing ASC 606 trainings.
  • Consulting with product, legal, sales, etc. teams over revenue treatment for new or non-standard agreements.
  • Providing technical accounting guidance to global business areas.
  • Collaborating with the SEC Reporting and Business Process teams.
  • Assisting with quarterly analysis and reviews.
  • Leading/assisting business in recording and documenting the quarterly credit losses estimate.

Requirements

  • Strong understanding of current U.S. GAAP and SEC financial reporting requirements (including ASC 606, 842 and 326 requirements).
  • Comprehensive knowledge and experience with revenue recognition, lease and credit loss accounting concepts and guidance.
  • Strong analytical skills and excellent written and verbal communication skills.
  • Ability to clearly and articulately present the company's views and opinions to internal contacts as well as auditors and other external contacts.
  • Deadline-focused with the ability to understand how the details impact the overall reporting.
  • Self-motivated with the ability to work in a fast-paced environment and learn new systems and reporting tools.
  • High level of integrity and ability to work effectively in a cross-functional, team-oriented environment.
  • Ability to use wide-ranging experience and specialized knowledge of technical principles, theories, and concepts in the area of revenue recognition to resolve highly unique and complex business and accounting issues.

Nice-to-haves

  • Certified Public Accountant (CPA)
  • Bachelor's Degree in Accounting.

Benefits

  • Comprehensive Health, Life, and Voluntary Lifestyle benefits
  • Short-term incentives or sales compensation eligibility
  • Long-term incentive eligibility for Director and VP positions
  • Additional perks that enhance physical, mental, emotional, and financial wellbeing.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service