Revenue Accounting and Reporting Manager
ZOLL Medical Corporation · Chelmsford, MA · 4 wk ago
HybridAccounting$110k–$140k/yrFull-time
Job Summary
The Revenue Accounting & Reporting Manager at ZOLL Medical Corporation is responsible for managing complex revenue accounting activities, ensuring compliance with revenue accounting standards (i.e., ASC 606), and delivering accurate and timely revenue reporting.
Essential Functions
- Perform and review revenue accounting in accordance with ASC 606 and company policies
- Analyze complex contracts and determine appropriate revenue recognition treatment
- Partner with Sales, FP&A, Legal, and Operations to review contracts and assess revenue implications
- Provide guidance on revenue recognition for new products, pricing models, and business initiatives
- Account for and monitor deferred revenue balances, including service contracts, FOB destination terms, and other contract deferrals
- Ensure proper recognition of revenue upon satisfaction of performance obligations
- Prepare detailed reconciliations and reporting for deferred revenue accounts
- Support internal and external audits related to revenue, backlog, and deferred revenue
- Maintain SOX compliance and strengthen internal controls over revenue processes
- Preform quarterly audit of Sales Journal and Revenue Accounts to ensure compliance
- Prepare and review journal entries, reconciliations, and revenue-related schedules
- Deliver accurate and timely revenue reporting for internal stakeholders and external filings
- Prepare Global Price/Volume Analysis quarterly
- Provide insights into backlog trends and implications for future revenue recognition
- Collaborate with FP&A and Sales to support forecasting and planning based on backlog metrics
- Account for and monitor deferred revenue balances, including service contracts, FOB destination terms, and military contract deferrals
- Ensure proper recognition of revenue upon satisfaction of performance obligations
- Prepare detailed reconciliations and reporting for deferred revenue accounts
- Identify opportunities to streamline revenue, backlog, and deferred revenue processes and enhance automation
- Engage with IT Application team to confirm and ensure proper revenue recognition when system upgrades are performed
Required/Preferred Education And Experience
- Bachelor's Degree in Accounting or Finance
- 10+ years of progressive accounting experience, including at least 5 years in revenue accounting
- Certified Public Accountant (CPA)
Physical Demands
- Standing - Occasionally
- Walking - Occasionally
- Sitting - Frequently
- Talking - Occasionally
- Hearing - Occasionally
- Repetitive Motions - Frequently