Revenue Accountant Department: Finance & Accounting Reports To: Accounting Manager FLSA Status: Exempt Employment Type: Full-Time Position Summary The Revenue Accountant is responsible for ensuring the accurate and timely recording, reconciliation, and reporting of company revenue and related accounts receivable activity. This position plays a key role in the monthly close process, revenue recognition, customer billing, account reconciliations, and financial reporting. The Revenue Accountant works closely with Sales, Operations, Customer Service, Accounts Receivable, and Finance to ensure revenue transactions are properly supported, recorded in accordance with U.S. GAAP, and recognized in the appropriate accounting period. Essential Duties and Responsibilities Revenue Accounting & Recognition
- Record and review revenue transactions to ensure accurate and timely recognition in accordance with U.S. GAAP and company accounting policies.
- Review customer contracts, purchase orders, invoices, shipping documentation, and other supporting information to determine appropriate revenue recognition.
- Ensure revenue is recorded in the correct accounting period and investigate cutoff discrepancies.
- Prepare monthly revenue journal entries, accruals, deferrals, and adjustments.
- Maintain deferred revenue schedules and prepare monthly rollforwards.
- Reconcile revenue reported in the general ledger to billing, shipment, and operational records.
- Analyze revenue by customer, product, location, business unit, or other relevant dimensions.
- Assist with accounting for customer deposits, credits, rebates, returns, discounts, and other revenue-related adjustments.
- Support compliance with ASC 606, Revenue from Contracts with Customers, as applicable.
Billing & Accounts Receivable
- Review customer invoices for accuracy, completeness, pricing, quantities, terms, and proper accounting treatment.
- Ensure invoices are generated and recorded timely.
- Reconcile accounts receivable subledger activity to the general ledger.
- Research billing discrepancies and coordinate corrections with appropriate departments.
- Review unapplied cash, customer credits, and other unusual receivable balances.
- Assist with customer account reconciliations and resolution of billing disputes.
- Support collection activities by providing invoice and account documentation when needed.
Month-End Close & Reconciliations
- Perform monthly revenue and accounts receivable close procedures.
- Prepare balance sheet reconciliations for accounts including:
- Accounts Receivable
- Deferred Revenue
- Customer Deposits
- Accrued Revenue / Unbilled Receivables
- Sales Returns and Allowances
- Other revenue-related accounts
- Investigate and resolve reconciling items promptly.
- Perform revenue cutoff testing at month-end and year-end.
- Prepare revenue analytics, variance explanations, and supporting schedules for management.
Financial Reporting & Analysis
- Prepare monthly revenue reporting and supporting schedules.
- Analyze actual revenue compared with budget, forecast, and prior periods.
- Identify unusual trends, fluctuations, or discrepancies and communicate findings to management.
- Assist with customer and product profitability analysis as needed.
- Provide revenue data and analysis to support management reporting and forecasting.
Audit & Internal Controls
- Prepare schedules and supporting documentation for internal and external auditors.
- Assist with annual financial statement audit requests related to revenue and accounts receivable.
- Maintain appropriate documentation supporting revenue recognition conclusions.
- Perform and document internal controls related to revenue, billing, and accounts receivable.
- Identify opportunities to strengthen controls and improve accounting processes.
- Ensure transactions comply with established approval policies and segregation-of-duties requirements.
Systems & Process Improvement
- Maintain accurate revenue-related data within the ERP system.
- Assist with development and improvement of revenue reports, reconciliations, and accounting procedures.
- Identify opportunities to automate manual accounting and reconciliation processes.
- Participate in ERP enhancements, system implementations, and accounting process improvement initiatives.
- Maintain written procedures for revenue accounting processes.
Qualifications
Education
- Bachelor's degree in Accounting, Finance, or related field required
Experience
- 3–5 years of accounting experience, preferably including revenue accounting, general ledger accounting, or accounts receivable.
- Experience in a manufacturing environment preferred.
- Experience with month-end close, account reconciliations, and financial reporting required.
- Knowledge of U.S. GAAP and revenue recognition principles.
- Experience with ASC 606 preferred.
- Experience working with ERP systems required; NetSuite experience strongly preferred.
Technical Skills
- Advanced proficiency in Microsoft Excel, including PivotTables, XLOOKUP/VLOOKUP, SUMIFS, and data analysis.
- Strong understanding of general ledger accounting and financial statements.
- Ability to reconcile large volumes of transactional data.
- Experience developing and working with ERP reports and saved searches.
- Strong analytical and problem-solving skills.
Competencies
- High degree of accuracy and attention to detail.
- Strong organizational and time-management skills.
- Ability to meet tight month-end and year-end close deadlines.
- Ability to research and resolve complex accounting discrepancies.
- Strong written and verbal communication skills.
- Ability to work effectively across Finance, Sales, Operations, and other departments.
- Ability to manage multiple priorities in a fast-paced environment.
- Strong sense of ownership and accountability.
- Commitment to maintaining effective internal controls and accurate financial reporting.
Preferred Manufacturing Experience Candidates with manufacturing experience should be comfortable reconciling revenue to shipping and fulfillment activity and understanding how operational transactions flow through the ERP system into the financial statements. Experience working with customer purchase orders, shipment documentation, inventory transactions, customer deposits, credits, and high-volume billing environments is highly desirable. Key Performance Indicators
Performance may be measured based on:
- Timeliness and accuracy of monthly revenue close
- Accuracy of revenue recognition and cutoff
- Timely completion of account reconciliations
- Number and age of unresolved reconciling items
- Billing accuracy
- Audit readiness and quality of supporting documentation
- Compliance with internal controls and accounting policies
- Effectiveness of process improvements and automation
