- Support leadership teams in the review of sales agreements, contracts, and assess revenue recognition impact
- Identify and understand performance obligations associated with revenue recognition
- Calculate and publish month-end revenue recognition including proper back-up documentation
- Partner with corporate controlling and internal audit in the management of financial accounting policies and procedures related to revenue recognition and internal controls for the site
- Review current revenue recognition processes/procedures and implement process improvements to improve efficiency and timeliness of the close and reporting
- Complete required ASC 606 check list for all new sales agreements/contracts
- Complete assigned month-end journal entries and account reconciliations
- Ensures accuracy of accounting records in accordance with Generally Accepted Accounting Principles (GAAP), company policies and procedures
- Assist in monthly and quarterly financial reporting packages
- Assist in month-end reporting and ad hoc analysis
- Bachelor's degree in Accounting or Finance required
- 5-7 years of relatable experience within SOX compliant organizations
- Fluent in GAAP/ASC 606 revenue recognition principles
- CPA, MBA or MS/MA preferred
- Advanced ability to gather, monitor, and synthesize financial data
- Strong verbal and written presentation skills
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Lead Revenue Reporting Analyst - Bloomington, United States - Midwest Financial Staffing & Executive Search Group
Description
Excellent career opportunity to join a rapidly expanding, global manufacturing organization. In this newly established position, the Senior / Lead Revenue Accounting Analyst serves as a key pillar within the Controllership group through accurate and timely financial reporting of multiple revenue streams while ensuring business continuity. As a direct report to the Controller, you'll have ownership and accountability for the plant's revenue recognition processes, policies, and will drive a variety of improvement initiatives including insights development, intelligent reporting, and automation.
Qualifications, skills, and experience