Revenue Accounting Manager

Position Overview

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 or equivalent.
• 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 at Follett Software

At Follett Software, our people come first. We're deeply committed to supporting the well-being, growth, and success of every Team Member. That commitment shows up in a thoughtfully designed, comprehensive benefits package that helps you thrive—at work and in life. Here's what you can expect:

• Fully remote work: Giving you the flexibility to do your best work from anywhere in the continental U.S.
• 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.