Note: The job is a remote job and is open to candidates in USA. Follett Software is dedicated to advancing education through innovative technology solutions. The Revenue Accounting Manager plays a critical role in ensuring compliance with accounting standards and optimizing revenue recognition processes while collaborating with cross-functional teams.
Responsibilities
- Lead revenue recognition activities in compliance with ASC 606 and applicable GAAP guidance
- Establish and maintain annual Standalone Selling Price (SSP) pricing frameworks
- Record and review quarterly revenue adjustments, including open item calculations
- Draft technical accounting white papers and develop new revenue policies as needed
- Review credit impacts and assess the need for credit reserves in accordance with accounting standards
- Conduct detailed RFP and contract reviews to ensure revenue treatment is accurate, complete, and compliant
- Perform monthly reconciliation and reporting of consolidated revenue from Oracle to the General Ledger
- Ensure completeness and accuracy of revenue reporting through analytical reviews and variance analysis
- Support quarterly and annual close processes related to revenue
- Evaluate contract terms to determine appropriate revenue recognition treatment
- Perform monthly reconciliation and reporting of consolidated revenue from Oracle to the General Ledger
- Ensure completeness and accuracy of revenue reporting through analytical reviews and variance analysis
- Support quarterly and annual close processes related to revenue
- Assist with annual external audits, providing documentation and supporting analysis
- Establish and enhance internal audit processes related to revenue compliance
- Maintain up-to-date, end-to-end revenue process documentation, including controls and workflows
- Integrate newly acquired entities into established revenue processes, User Acceptance Testing (UAT) for new SKUs/products, ensuring production environments align with tested configurations
- Identify opportunities for automation, efficiency, and strengthened compliance within revenue operations
- Other duties as assigned
Skills
- Bachelor's degree in Accounting or related field required
- 5+ years' experience
- Must possess technical accounting expertise
- Ability to provide senior management with risk assessments for actions they are considering or taken
- Possess advanced computer skills and expertise in ASC 606 revenue recognition standards and experience leading ASC 606 implementation projects
- Possess strong attention to details and strong analytical skills
- Ability to resolve complex problems with independent action
Benefits
- Fully remote work, giving you the flexibility to do your best work from anywhere in the continental U.S. (unless otherwise noted)
- Subsidized healthcare plans, including orthodontic coverage, with HSA option that includes employer matching
- Company-paid disability and life insurance, with the option to enhance coverage through voluntary plans
- Robust Paid Time Off, including Flex PTO for salaried roles, paid parental leave, company holidays, and paid volunteer service time
- Retirement savings with employer match, vesting every pay period
- Flexible Spending Accounts for healthcare and dependent care
- Optional supplemental coverages, such as accident, hospital, and critical illness insurance, identity theft and credit monitoring, and legal protection services
- Meaningful recognition and tangible rewards that celebrate achievements, fuel motivation, and recognize both individual and team success
Company Overview