Staff Revenue Accountant
December 29, 2021
About the Role
The Staff Revenue Accountant will participate in accounting for segment finance activities, primarily the recording and record keeping of revenue for segments. The ideal candidate will have knowledge of U.S. GAAP and experience with revenue recognition, reporting, and controls. This person will report to the NACA Sr. Manager and interact with segment finance leads for revenue recognition.
What You'll Do
• Revenue Recognition:
o Review sales contracts to ensure proper revenue recognition.
o Analyze and understand various products/business and revenue/expense streams to ensure proper revenue recognition and proper setup in the system.
o Month end closing of monthly revenue and expense ledgers with closing schedules: prepare revenue journal entries and account reconciliations.
o Assist in adopting and implementing new revenue recognition policies under the new revenue recognition standards ASC 606. o Create and analyze revenue related reports.
o Participate in development and documentation of revenue-related policies and procedures. • Identify process issues and implement improvements to enhance productivity and efficiency. • Support and improve month, quarter, and year-end close processes and reporting. • Prepare and post other monthly journal entries including, variable compensation accruals, reserves, bad debt etc. • Maintain journal entry tracking spreadsheet for the NACA departments. Prepare balance sheet account reconciliations for related accounts. • Other special projects and duties as directed by the NACA Sr. Manager. How You'll Grow
The Staff Revenue Accountant will have the opportunity to work closely with other segments and corporate departments to ensure proper revenue recognition. This person will also have exposure to the monthly, quarterly, and year-end close processes.
Basic Qualifications
• BS/BA in Accounting. • Minimum two to four years overall experience, preferably including; monthly closing, making journal entries and preparing month end account reconciliations
• CPA or CPA candidate
• Excellent working knowledge of PC and network environments and advanced knowledge of Excel required
• Experience with IBM Cognos TM1 or similar reporting software preferred
• Strong and practical working knowledge of US GAAP
• Experience working with both domestic and international operating units preferred
Our Benefits
Apart from the well-structured career path and excellent team environment, our employees enjoy a variety of perks and benefits. Our benefits include, but are not limited to:
About FTI Consulting
What makes us unique? With more than 5,000 employees located in offices in every corner of the globe, we are the firm our clients call when their most important issues are at stake. Regardless of what level you are, you will have the opportunity to work alongside and learn from top experts in your field on high-profile engagements that impact history. Our culture is collaborative, and we value diversity, recognition, development and making a difference in our communities.
FTI Consulting is publicly traded on the New York Stock Exchange and has been recognized as a Best Firm to Work For by Consulting magazine and one of America's Best Management Consulting Firms by Forbes. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
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What You'll Do
• Revenue Recognition:
o Review sales contracts to ensure proper revenue recognition.
o Analyze and understand various products/business and revenue/expense streams to ensure proper revenue recognition and proper setup in the system.
o Month end closing of monthly revenue and expense ledgers with closing schedules: prepare revenue journal entries and account reconciliations.
o Assist in adopting and implementing new revenue recognition policies under the new revenue recognition standards ASC 606. o Create and analyze revenue related reports.
o Participate in development and documentation of revenue-related policies and procedures. • Identify process issues and implement improvements to enhance productivity and efficiency. • Support and improve month, quarter, and year-end close processes and reporting. • Prepare and post other monthly journal entries including, variable compensation accruals, reserves, bad debt etc. • Maintain journal entry tracking spreadsheet for the NACA departments. Prepare balance sheet account reconciliations for related accounts. • Other special projects and duties as directed by the NACA Sr. Manager. How You'll Grow
The Staff Revenue Accountant will have the opportunity to work closely with other segments and corporate departments to ensure proper revenue recognition. This person will also have exposure to the monthly, quarterly, and year-end close processes.
Basic Qualifications
• BS/BA in Accounting. • Minimum two to four years overall experience, preferably including; monthly closing, making journal entries and preparing month end account reconciliations
• CPA or CPA candidate
• Excellent working knowledge of PC and network environments and advanced knowledge of Excel required
• Experience with IBM Cognos TM1 or similar reporting software preferred
• Strong and practical working knowledge of US GAAP
• Experience working with both domestic and international operating units preferred
Our Benefits
Apart from the well-structured career path and excellent team environment, our employees enjoy a variety of perks and benefits. Our benefits include, but are not limited to:
- Competitive salary and bonus plans
- Generous paid holidays, time off and parental leave
- Full package of benefits plans
- Company matched 401K
- Annual paid volunteer hours
- Corporate matching for charitable donations
- Potential for flexible working arrangements
- Free snacks and drinks
- Upscale offices close to public transportation
- Pet insurance
About FTI Consulting
What makes us unique? With more than 5,000 employees located in offices in every corner of the globe, we are the firm our clients call when their most important issues are at stake. Regardless of what level you are, you will have the opportunity to work alongside and learn from top experts in your field on high-profile engagements that impact history. Our culture is collaborative, and we value diversity, recognition, development and making a difference in our communities.
FTI Consulting is publicly traded on the New York Stock Exchange and has been recognized as a Best Firm to Work For by Consulting magazine and one of America's Best Management Consulting Firms by Forbes. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
#LI-AR1