Revenue Accountant

Qualifications

• No degree required but must have work experience.
• The incumbent will perform the following duties and responsibilities:
• - Calculate and track royalty payments and book the corresponding accruals
• - Review sales agreements to determine proper revenue recognition treatment including revenue amount, timing, gross margin, and variance to plan.
• - Analyze, prepare and enter revenue adjustments in SAP.
• - Prepare general ledger account reconciliations and month-end journal entries; maintain sub-ledger details as necessary.
• - Monitor Inventory In-Transit and shipping terms to ensure proper invoicing.
• - Prepare audit documentation and monitor SOX controls on a monthly basis.

Desired skills and credentials

• Technical Skills
• - Working knowledge of SAP with emphasis on sales and distribution transactions
• - Comfortable using Microsoft Office tools to find information using data mining activities through large volumes of data and complex transactions
• - Other Excel technical skills – Pivot tables, VLookup, etc
• Functional Skills
• - Familiar with revenue recognition principles and proven ability to apply technical concepts to commercial opportunities as described in sales contracts
• - Functional understanding of how to build and substantiate accruals, specifically customer rebates
• - Income statement analysis with specific focus on variance to budget at gross margin level
• Personal Skills
• - Ability to work well as both a personal and team contributor
• - Excellent professional demeanor and ability to collaborate with other departments
• - Attention to detail, accuracy, and precision

Qualifications

• BA in accounting or finance or a related field required
• 1-3 years’ experience in related area