Accounting

Revenue Accountant

Looking to hire your next Revenue Accountant? Here’s a full job description template to use as a guide.

About Vintti

At Vintti, we specialize in providing US businesses with staffing solutions that feel local. By connecting companies with Latin American professionals operating in compatible time zones, we ensure that work schedules align naturally with US business hours. This temporal harmony facilitates immediate response times, efficient project management, and a cohesive team dynamic regardless of physical location.

Description

A Revenue Accountant plays a critical role in ensuring the financial health and integrity of an organization by managing its revenue processes. This role involves accurate tracking, recording, and reporting of all revenue-related transactions in compliance with accounting standards and regulations. Revenue Accountants work closely with various departments to analyze financial data, reconcile accounts, and support month-end and year-end closing activities. They are instrumental in identifying trends, discrepancies, and opportunities for process improvements, ensuring that the financial statements reflect a true and fair view of the company's revenue streams.

Requirements

- Bachelor's degree in Accounting, Finance, or a related field.
- Certified Public Accountant (CPA) designation preferred.
- Minimum of 3-5 years of experience in accounting, with a focus on revenue accounting.
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and revenue recognition standards (ASC 606).
- Proficiency in accounting software such as QuickBooks, NetSuite, SAP, or Oracle.
- Experience with financial reporting and analysis.
- Strong analytical and problem-solving skills.
- Advanced proficiency in MS Excel, including pivot tables, VLOOKUPs, and complex formulas.
- High level of attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong organizational skills with the ability to manage multiple tasks and meet deadlines.
- Experience with contract review and analysis.
- Familiarity with automated accounting systems and process improvements.
- Knowledge of deferred revenue and accrual accounting.
- Ability to handle confidential information with integrity and professionalism.
- Demonstrated experience in collaborating with sales, operations, and finance teams.
- Experience with variance analysis and financial forecasting.
- Prior experience in conducting internal and external audit support.

Responsabilities

- Review and record daily revenue transactions in the accounting system.
- Reconcile revenue accounts daily to ensure accuracy.
- Analyze revenue data and prepare detailed reports for management.
- Monitor and track various revenue streams for proper accounting.
- Ensure compliance with revenue recognition accounting standards and policies.
- Collaborate with sales and operations teams to resolve revenue discrepancies.
- Assist with month-end and year-end closing procedures related to revenue.
- Prepare and input journal entries for revenue adjustments and accruals.
- Conduct variance analysis between actual revenue and forecasts.
- Maintain and update revenue databases and spreadsheets.
- Provide support during internal and external audits related to revenue.
- Review contracts and agreements to determine appropriate revenue recognition.
- Assist with process improvements to enhance efficiency in revenue accounting.
- Generate and distribute daily/weekly/monthly revenue reports to stakeholders.
- Ensure timely and accurate invoicing and follow up on outstanding invoices.
- Track deferred revenue and ensure it is recognized appropriately over time.
- Liaise with the finance team to resolve any issues related to revenue and billing.

Ideal Candidate

The ideal candidate for the Revenue Accountant role will possess a Bachelor's degree in Accounting, Finance, or a related field, with a Certified Public Accountant (CPA) designation being highly preferred. Bringing a robust background with a minimum of 3-5 years of relevant experience in revenue accounting, the candidate will have a deep understanding of GAAP and ASC 606 standards. Proficiency in accounting software such as QuickBooks, NetSuite, SAP, or Oracle, coupled with advanced skills in MS Excel, including the use of pivot tables, VLOOKUPs, and complex formulas, is crucial. The candidate will demonstrate exceptional analytical and problem-solving abilities, ensuring accurate financial documentation and effective variance analysis. Excellence in communication and interpersonal skills is essential for collaborating seamlessly with sales, operations, and finance teams to resolve discrepancies and ensure compliance. Strong organizational skills and the ability to manage multiple tasks within tight deadlines are imperative, along with a high level of attention to detail and accuracy. Familiarity with automated accounting systems and a forward-thinking approach to process improvements are key, as is the ability to handle confidential information with utmost integrity and professionalism. A commitment to continuous improvement, a proactive and solution-oriented mindset, and a proven track record of reliability and consistency in work performance will set the ideal candidate apart as an invaluable asset to our team.

On a typical day, you will...

- Review and record daily revenue transactions in the accounting system.
- Reconcile revenue accounts on a daily basis to ensure accuracy.
- Analyze revenue data and prepare detailed reports for management.
- Monitor and track various revenue streams to ensure they are properly accounted for.
- Ensure compliance with revenue recognition accounting standards and policies.
- Collaborate with the sales and operations teams to resolve revenue discrepancies.
- Assist with month-end and year-end closing procedures related to revenue.
- Prepare and input journal entries for revenue adjustments and accruals.
- Conduct variance analysis between actual revenue and forecasts.
- Maintain and update revenue databases and spreadsheets.
- Provide support during internal and external audits related to revenue.
- Review contracts and agreements to determine appropriate revenue recognition.
- Assist with process improvements to enhance efficiency in revenue accounting.
- Generate and distribute daily/weekly/monthly revenue reports to stakeholders.
- Ensure timely and accurate invoicing and follow up on outstanding invoices.
- Track deferred revenue and ensure it is recognized appropriately over time.
- Liaise with the finance team to resolve any issues related to revenue and billing.

What we are looking for

- Strong attention to detail
- High level of accuracy in financial documentation
- Excellent analytical and problem-solving skills
- Strong organizational abilities
- Ability to manage multiple tasks and meet deadlines
- Effective communication and interpersonal skills
- Proficiency in utilizing advanced features of MS Excel
- Familiarity with GAAP and ASC 606 compliance
- Ability to work independently and collaboratively within a team
- Demonstrated experience in revenue recognition and accounting
- Adaptability to evolving financial systems and processes
- Confidentiality and professionalism with sensitive financial information
- Experience in financial analysis and forecasting
- Competence in reviewing and analyzing contracts for revenue recognition
- Reliability and consistency in work performance
- Exhibit a proactive and solution-oriented mindset
- Proven ability to collaborate across departments
- Commitment to continuous improvement and efficiency in processes
- Strong work ethic and integrity

What you can expect (benefits)

- Competitive salary ranging from $70,000 to $90,000 annually
- Comprehensive health insurance (medical, dental, and vision)
- 401(k) retirement plan with company match
- Paid time off (PTO) and holidays
- Flexible work schedule and remote work options
- Professional development and continuing education opportunities
- Tuition reimbursement program
- Employee wellness programs and on-site fitness center
- Life and disability insurance
- Employee assistance program (EAP)
- Company-sponsored events and activities
- Opportunities for career advancement and growth within the company
- Performance-based bonuses and incentives
- Stock options or equity participation (if applicable)
- Subsidized public transportation or parking assistance
- Maternity and paternity leave
- Collaborative and inclusive company culture
- Access to cutting-edge financial tools and technologies

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