Manager, Revenue Accounting & Commercial Finance
Valeris · North Carolina, United States · 4 wk ago
Accounting$50k/yrFull-time
Position Summary
The Manager of Revenue Accounting is responsible for overseeing the daily execution of revenue accounting activities and supporting the end-to-end order-to-cash process. This role ensures accurate revenue recognition, timely financial reporting, compliance with U.S. GAAP and ASC 606, and strong financial controls across revenue operations. Reporting to the Director of Revenue Accounting & Financial Operations, the Manager partners closely with Finance, Operations, Commercial, Legal, IT, and other cross-functional teams to drive operational excellence, improve accounting processes, and support organizational growth.
Key Responsibilities
- Manage daily revenue accounting operations, including billing, revenue recognition, collections support, cash application, reconciliations, and month-end close activities.
- Oversee the execution of the order-to-cash process while ensuring accuracy, completeness, and compliance with company policies.
- Review customer contracts and collaborate with business partners to determine appropriate revenue recognition under ASC 606.
- Prepare and review journal entries related to revenue, deferred revenue, accruals, reserves, and other revenue-related accounts.
- Perform and review complex account reconciliations and investigate variances to ensure financial accuracy.
- Maintain compliance with U.S. GAAP, ASC 606, internal controls, and company accounting policies.
- Support monthly, quarterly, and annual financial close processes by ensuring timely completion of assigned deliverables.
- Assist with the development, implementation, and documentation of accounting policies and standard operating procedures.
- Identify opportunities to improve processes, increase automation, and enhance efficiency across revenue accounting operations.
- Partner with IT and Finance teams on ERP enhancements, system implementations, and process optimization initiatives.
- Monitor key revenue accounting metrics and provide analysis to management to support informed business decisions.
- Aid in preparing schedules and supporting documentation for internal and external audits.
- Ensure compliance with SOX/internal control requirements and support remediation efforts when necessary.
- Supervise, mentor, and develop revenue accounting staff while fostering a collaborative, accountable, and continuous improvement culture.
- Support special projects and strategic initiatives led by the Director of Revenue Accounting and Financial Operations.
Required Qualifications
- Education: Bachelor's degree in Accounting, Finance, or related field required. CPA preferred; CPA eligibility considered.
- Experience: 6+ years of progressive accounting experience with at least 2 years in a leadership or supervisory role. 5+ years of experience supporting the complete order-to-cash process, including contract review, billing, revenue recognition, collections, and cash application. Strong experience with month-end close, account reconciliations, accruals, deferred revenue, and financial reporting. Experience working in high-volume accounting environments. Experience with enterprise ERP systems and financial management software. Demonstrated ability to improve accounting processes and implement operational efficiencies.
- Technical Knowledge & Competencies: Strong knowledge of U.S. GAAP and revenue accounting principles. Working knowledge of ASC 606 revenue recognition requirements. Strong analytical and reconciliation skills with exceptional attention to detail. Experience maintaining internal controls and supporting audit requirements. Advanced Microsoft Excel skills and proficiency with ERP systems. Ability to analyze financial data and communicate findings effectively. Strong organizational skills with the ability to manage multiple priorities and deadlines. Excellent written and verbal communication skills. Proven ability to collaborate effectively across departments.
- Leadership Competencies: Hands-on leadership with a collaborative management style. Strong commitment to accuracy, accountability, and financial integrity. Ability to coach, mentor, and develop accounting professionals. Continuous improvement mindset with a focus on operational excellence. Strong problem-solving and decision-making skills. Customer-focused approach to supporting internal and external stakeholders. Ability to manage competing priorities in a fast-paced environment.
Preferred Experience
- Experience applying ASC 606 revenue recognition guidance.
- Experience with deferred revenue, performance obligations, and contract accounting.
- Healthcare, pharmaceutical, specialty pharmacy, or patient support services experience preferred.
- Experience supporting copay assistance programs, Patient Assistance Programs (PAP), or manufacturer-sponsored patient affordability programs is a plus.