Finance Manager, Revenue

Job Description Job Summary The Finance Manager, Revenue Recognition is responsible for reviewing, evaluating and analyzing customer contract terms and presenting the expected ASC 606/842 accounting treatment, as well as proposing options, to the Sales, Legal and Finance management teams during the contract proposal and drafting phases. Additionally, this individual is responsible for the ongoing accounting/recording of contract modifications, amendments, terminations, etc. timely and accurately for month end close purposes. Duties & Responsibilities Review customer contracts for proper revenue recognition in accordance with company policy and accounting standards; Keep abreast of the latest changes in revenue recognition guidance; Participate in the implementation of the new lease guidance for the FASB (Topic 842); Ability to research and discuss complex revenue recognition issue;s Collaborate with Contracts and Sales teams during contract draft/proposal stage to identify any accounting and financial impacts; Align internal controls to developments in the business for changes in operations as needed (new revenue stream, organizational alignment, etc.); Develop revenue recognition models (lease and impairment analysis of new agreements); Manage specific accruals related to revenue acceleration / deferral related to performance obligations under 606/842; Identify and implement continuous improvement initiatives to improve and automate revenue accounting processes. Minimum & Preferred Qualifications and Experience Minimum Qualifications Minimum seven to ten years of related Financial Analysis and Accounting experience; Strong knowledge of technical GAAP, specifically revenue recognition; Strong communication skills - including ability to influence decisions across multiple cross functional teams; Strong spreadsheet and database management skills; Must be proficient with MS Office Suite (e.g. Outlook, Excel and Word); Strong analytical skills; Self-motivated, detail oriented and having proven project management skills. Ability to manage multiple projects simultaneously; Ability to identify inherent risks and propose areas for improvements on existing and new processes; A solid understanding of the concepts of internal control design and operational effectiveness. Preferred Qualifications CPA preferred. Education Bachelor's degree in finance or accounting is required. Compensation The anticipated range for this position is $110,000 - $150,000. Actual placement within the range is dependent on multiple factors, including but not limited to skills, education, and experience. Physical requirements/Work Environment This position primarily works in an office environment. It requires frequent sitting, standing and walking. Daily use of a computer and other computing and digital devices is required. May stand for extended periods when facilitating meetings or walking in the facilities. Some local travel is necessary, so the ability to operate a motor vehicle and maintain a valid Driver's license is required. The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods. Reasonable accommodations may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described.

Created: 2024-11-05