Vacancy expired!
Our client, a premier provider of integrated technology, data and analytics, is seeking a Revenue Recognition Accountant III
Location: Jacksonville, FL Position Type: Contract Job Summary: Prepare standard and specialized financial reports (e.g., balance sheets, income statements, monthly closing reports, account reconciliations) according to Generally Accepted Accounting Principles (GAAP) or other regulatory requirements. Compile and analyze financial information to prepare entries into accounts, such as general ledger accounts, and document business transactions. Establish, maintain, and coordinate the implementation of accounting and accounting control procedures. May specialize in various accounting functions such as accounts payable, accounts receivable, payroll, billing, consolidations, etc. Job Responsibilities: -Maintain Excel schedules by client to track revenue recognition and billing associated with contractual performance obligations to ensure ASC606 compliance and to identify revenue in excess of contractual obligations, as well as revenue generated from additional agreements to provide a comprehensive client revenue accounting. -Maintain reconciliations and roll forwards for Contract Asset and Deferred Revenue accounts. -Monitor contracts database for new agreements and coordinate with revenue recognition group to determine if updated revenue allocations are needed and track new contract activity. -Prepare revenue recognition journal entries or leverage Workday revenue recognition schedules to record monthly revenue. -Uses financial data to prepare and record general ledger journal entries. -Prepares cash and balance sheet account reconciliations for multiple sets of financial statements. -Analyzes the financial statements and provides concise explanations for variances. -Researches period over period variances in revenue, cost of sales, and expense and provides logical explanations for the fluctuations. -Prepares self-reporting invoices for enhancement and insurance type activities. -Identifies, researches, and resolves all issues related to daily functions. -Conducts business analysis, with ability to design, implement, and manage projects & process improvements related to cash management, treasury workstation, and accounting initiatives. -Identifies efficiencies & recommends enhancements to management. -Prepares weekly & monthly management reports. -Works with internal/external auditors as needed. -Documents and/or updates policies and procedures as needed -Performs other related duties as assigned. Education: -Bachelor's degree in accounting or the equivalent combination of education, training, and work experience. General Knowledge, Skills and Abilities: -Knowledge of budgeting, cash management and financial analysis processes -Knowledge of ASC606 compliance highly preferred -Experiencing preparing revenue recognition journal entries highly preferred -Ability to understand accounting and financial processes, methodologies, concepts and have good knowledge of GAAP and willingness to research and resolve accounting issues -Knowledge of modern office practices and procedures -Knowledge of data mining and data and statistical analysis tools, practices and procedures -Knowledge of accounting systems -Skill in the use of 10-key adding machine, computer and general office tools -Ability to create complex spreadsheets and proficiency in the use of Microsoft Office, Access, accounting and data mining/reporting software -Attention to detail and accuracy -Ability to prepare financial reports, create complex data models and business processes -Ability to understand financial information -Ability to work within a budget -Ability to work with all levels of managers throughout the company in analyzing financial situations -Ability to maintain work priorities in an environment with multiple concurrent tasks and projects -Ability to handle stressful situations -Ability to maintain confidentiality -Ability to meet deadlines -Ability to work in an organized manner and consistently follow-up on tasks -Ability to communicate effectively verbally and in writing -Ability to establish and maintain effective working relationships with employees, clients and publicVacancy expired!