Revenue Accountant
Revenue Accountant
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Salary Not Disclosed
1 Vacancy
Job Description
AFL manufactures industry-leading fiber optic cable connectivity and accessories and provides engineering and installation services for some of the largest telecom customers in the world. Our company was founded in 1984 with a single fiber optic cable and today we manufacture thousands of products generate an excess of $1.5B in revenue and employ approximately 7000 associates worldwide. At AFL we recognize that our employees are our greatest asset. We hire and train each individual investing in them to ensure success in their careers. With a commitment to professional development and growth let us connect you to your next career opportunity.
What We Offer:
- Flexible time off policy
- Hybrid office schedule for qualifying employees
- 401K Company match (up to 4% - dollar for dollar)
- Professional development training and tuition reimbursement programs
- Excellent medical dental vision and life insurance policy options
- Opportunities for career advancement with an industry leading company!
Job Summary
The Revenue Accountant is responsible for managing all revenue recognition and recording processes within the organization. This role involves the daily oversight of revenue-related transactions ensuring that all entries are accurately recorded and comply with relevant accounting standards (such as GAAP IFRS and ASC 606). By safeguarding the financial integrity of revenue streams the Revenue Accountant plays a crucial part in supporting timely financial reporting audit preparation and strategic decision-making.
Key Responsibilities
- Transaction Monitoring & Recording:
- Review revenue transactions and ensure that revenue entries are accurate and complete.
- Monitor the revenue stream reviewing invoices and contract revenue details.
- Identify and analyze revenue related issues and recommend solutions.
- Revenue Recognition & Compliance:
- Apply best-practice revenue recognition policies in line with established standards (US GAAP ASC 606).
- Ensure that revenue transactions are in compliance with internal controls and regulatory requirements.
- Reconciliation & Reporting:
- Reconcile revenue reports to the general ledger on a regular basis.
- Prepare and review monthly quarterly and annual revenue reports highlighting any discrepancies or variances.
- Develop detailed schedules and supporting documentation for manual journal entries and financial statements.
- Data Analysis & Process Improvement:
- Analyze revenue trends perform variance analysis and provide insights to optimize revenue collection.
- Collaborate with cross-functional teams (Sales Credit and Collections Legal) to improve documentation and revenue-related processes.
- Identify and implement process improvements to enhance system controls and increase overall efficiency in revenue processing.
- Audit & Documentation Support:
- Assist internal and external auditors by providing clear documentation of revenue transactions and reconciliations.
- Maintain comprehensive records to support audit trails and periodic reviews.
- Participate in the Contracts Management team to ensure all customer contracts are maintained in the contract lifecycle management tool and that all financial performance obligations are identified for proper administration.
Required Skills & Qualifications:
Personal Qualities
- Excellent understanding of financial accounting standards and internal controls
- Strong problem-solving skills with attention to detail
- Mental toughness and energy to succeed in a fast-paced multiple priority projects environment with short deadlines and time constraints
- Able to take initiative in reaching out to other teams and coordinate on various tasks
- Must be able to think critically and trouble shoot problems as they arise
- Aspire to deliver an exceptional customer experience and process excellence
- Ability to collect organize analyze and report complex data; evaluate information and systems; and make appropriate recommendations
- Ability to operate successfully across diverse geographical locations and cultures
- Ability to work as a team as well as self-directed to meet deadlines
- Strong communications skills: written verbal and presentation; able to demonstrate professionalism poise tact and diplomacy; ability to influence across multiple levels and multiple functional teams
- Excellent interpersonal skills an inquisitive mind and the ability to work effectively with multiple cross-functional stakeholders
Qualifications
- 3 years of experience in accounting.
- Bachelors degree in accounting required MBA MAcc/MSA a plus
- CPA or CPA candidate a plus
- Strong knowledge of accounting and finance skills
- Strong knowledge of US GAAP
- Knowledge of JSOX controlsis a plus
- Knowledge of federal state and local laws codes and regulations
- Expert skills with Microsoft Office (Excel formulas and pivot tables a plus)
- Oracle and Hyperion Financial Management / OneStream working knowledge is a plus Must be a fast learner of Accounting/Reporting Systems.
Additional Notes:
- Must be capable of managing sensitive financial information with the utmost integrity.
- Flexibility to adapt to evolving revenue accounting practices as the company grows.
Employment Type
Full-Time
