Collegeville, Pennsylvania
Revenue Accountant Job Opening in Collegeville, Pennsylvania - Position :
Revenue Accountant
Maintain contract revenue listing for assigned segment, and monitor contract changes (i.e. CPI increases or other modifications). Liaise with business owners, Deal Hub, and other departments as needed to ensure that the listing is complete and accurate.
Review new contracts and determine appropriate revenue recognition treatment. Ensure that the conclusion is appropriately documented and obtain sign- off by manager/Controller prior to recognizing revenue.
Ensure that contracts are properly set up in the system by the RAC contract admin/billing team. Obtain all new project set ups and sign off that the set-up was appropriate.
Responsible for recognizing revenue in the period in which it is earned. Includes preparation of all revenue-related journal entries, ensuring appropriate support. Appropriate support is objective, verifiable evidence that the revenue is earned and realizable.
Perform Revenue Analysis during the monthly close to ensure that all expected revenue has been appropriately recorded.
Responsible for the timely preparation of revenue-related balance sheet account reconciliations (Unbilled and Billed A/R, Deferred Revenue), including appropriate support.
Responsible for adhering to all internal controls and policies as set forth by Group Controller or Corporate Accounting. Includes maintaining evidence of the timely control performance for audit and SOX purposes.
Other duties and responsibilities as assigned
Job Type: Full-time
Required experience:
Accounting: 2 years
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