[Hiring] Revenue Accounting Manager @Follett Software, LLC

Role Description

This position plays a crucial role in ensuring accurate revenue recognition, maintaining compliance with accounting standards, and optimizing revenue-generating activities. This position offers an exciting opportunity for a detail-oriented individual with strong analytical skills and a deep understanding of accounting principles to collaborate with cross-functional teams to assess the impact of ASC 606 on revenue recognition processes and systems.

Responsibilities:

• Revenue Recognition & Compliance
  • Lead revenue recognition activities in compliance with ASC 606 and applicable GAAP guidance.
  • Establish and maintain annual Standalone Selling Price (SSP) pricing frameworks.
  • Record and review quarterly revenue adjustments, including open item calculations.
  • Draft technical accounting white papers and develop new revenue policies as needed.
  • Review credit impacts and assess the need for credit reserves in accordance with accounting standards.
• RFP & Contract Review
  • Conduct detailed RFP and contract reviews to ensure revenue treatment is accurate, complete, and compliant.
  • Perform monthly reconciliation and reporting of consolidated revenue from Oracle to the General Ledger.
  • Ensure completeness and accuracy of revenue reporting through analytical reviews and variance analysis.
  • Support quarterly and annual close processes related to revenue.
  • Evaluate contract terms to determine appropriate revenue recognition treatment.
• Financial Reporting & Reconciliation
  • Perform monthly reconciliation and reporting of consolidated revenue from Oracle to the General Ledger.
  • Ensure completeness and accuracy of revenue reporting through analytical reviews and variance analysis.
  • Support quarterly and annual close processes related to revenue.
• Audit & Internal Controls
  • Assist with annual external audits, providing documentation and supporting analysis.
  • Establish and enhance internal audit processes related to revenue compliance.
  • Maintain up-to-date, end-to-end revenue process documentation, including controls and workflows.
• Process Improvement & Integration
  • Integrate newly acquired entities into established revenue processes, User Acceptance Testing (UAT) for new SKUs/products, ensuring production environments align with tested configurations.
  • Identify opportunities for automation, efficiency, and strengthened compliance within revenue operations.
• Other duties as assigned.

Qualifications

• Bachelor’s degree in Accounting or related field required.
• 5+ years’ experience.
• Must possess technical accounting expertise.
• Ability to provide senior management with risk assessments for actions they are considering or taken.
• Possess advanced computer skills and expertise in ASC 606 revenue recognition standards and experience leading ASC 606 implementation projects.
• Possess strong attention to details and strong analytical skills.
• Ability to resolve complex problems with independent action.

Benefits

• Fully remote work, giving you the flexibility to do your best work from anywhere in the continental U.S. (unless otherwise noted).
• Subsidized healthcare plans, including orthodontic coverage, with HSA option that includes employer matching.
• Company-paid disability and life insurance, with the option to enhance coverage through voluntary plans.
• Robust Paid Time Off, including Flex PTO for salaried roles, paid parental leave, company holidays, and paid volunteer service time.
• Retirement savings with employer match, vesting every pay period.
• Flexible Spending Accounts for healthcare and dependent care.
• Optional supplemental coverages, such as accident, hospital, and critical illness insurance, identity theft and credit monitoring, and legal protection services.
• Meaningful recognition and tangible rewards that celebrate achievements, fuel motivation, and recognize both individual and team success.