Revenue Accountant

The Revenue Accounting Manager is responsible for overseeing revenue recognition processes, implementing pricing models, analyzing financial data to optimize revenue streams, managing budgets effectively and managing deductions and disputes on customer accounts received. This role requires strong analytical skills, attention to detail, and the ability to collaborate across departments to drive financial success.

• Oversee the accurate and timely recognition of revenue in compliance with accounting standards (e.g., ASC 606).
• Develop and implement policies and procedures to ensure proper revenue recognition across different revenue streams and business lines.
• Collaborate with cross-functional teams to review contracts and agreements to ensure alignment with revenue recognition guidelines.

• Update and maintain prices in SAP, correcting orders with pricing errors.

• Develop and manage revenue and expense budgets in collaboration with finance and executive teams.

• Review and analyze customer deductions to understand the root cause and verify their validity.
• Collaborate closely with internal teams, such as Sales, Customer Service, and Operations, to gather information and resolve deduction discrepancies.
• Investigate and identify trends and recurring deduction issues and provide recommendations for process improvements to reduce future deductions.
• Maintain accurate and up-to-date records of deductions and related documentation.

• Identify areas for process improvement within the deduction management process.
• Collaborate with cross-functional teams to implement process enhancements and automation to streamline deduction resolution and recovery processes.
• Continuously review and update internal deduction management policies and procedures to ensure compliance and efficiency.

• Ensure compliance with relevant accounting standards, regulations, and internal policies related to revenue recognition and pricing.
• Prepare and review financial statements, reports, and disclosures related to revenue accounting and pricing for accuracy and completeness.
• Support external audits and inquiries related to revenue recognition and pricing matters.

• Bachelor’s degree in accounting, Finance, Business Administration, or related field.
• Proven experience in revenue accounting, pricing strategy, and budget management, preferably in a managerial role.
• Strong knowledge of accounting principles, accounts receivable processes, and deduction management.
• Proficiency in using accounting software and tools (e.g., ERP systems such as SAP), Microsoft Excel, Nielsen, SharePoint, Jira, Power BI.
• Excellent analytical and problem-solving skills, with the ability to interpret financial data and trends, identify patterns, root causes of deductions, and recommend solutions.
• Strong attention to detail and ability to work with substantial amounts of data.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• Strong organizational skills and ability to work independently.