Revenue Accountant
T T- 2 months ago
- Vadodara, Gujarat, India
- Full Time
Job Overview
Functional Area
Accounting
Work preferred
Work from Office
Experience
Min Experience
5 Years
Max Experience
6 Years
Description
Position: Revenue Accountant
Department: FINANCE
Accountant – Revenue Accountant is responsible for ensuring proper revenue recognition in accordance to GAAP, as well as maintaining proper documentation on policies and procedures relating to revenue accounting and Accounts Receivable. The Revenue Accountant will also be responsible for assisting with reviews of existing customer contracts and new contracts, to establish the accounting procedure for recording revenue in accordance with policies of the parent Company.
Job Responsibility
- Revenue Accountant is responsible for ensuring proper revenue recognition in accordance to GAAP, as well as maintaining proper documentation on policies and procedures relating to revenue accounting and Accounts Receivable. The Revenue Accountant will also be responsible for assisting with reviews of existing customer contracts and new contracts, to establish the accounting procedure for recording revenue in accordance with policies of the parent Company.
• Take responsibility & challenge to handle AR task independently.
• Conduct the monthly revenue accounting close.
• Ensure all monthly revenue is recorded within assigned timeline.
• Prepare monthly accruals and account reconciliations as assigned.
• Monitor AR aging & continuous follow up on unpaid invoices as per aging report.
• Verify billing triggers, payment terms from executed service agreements & identify billing opportunity for the Company.
• Reconciliation of assigned AR/sales Balance Sheet accounts.
• Handle high volume of transactions with utmost accuracy within assigned timelines.
• Maintain accurate historical records and documentation for audit support.
• Assist in internal and external audits as & when required.
• Follow internal control policies and procedures.
• Perform additional duties as assigned to support AR team.
Professional Qualifications/Experience
Graduation (Bachelors’) in Business, Accounting or Finance; Masters’ degree will be an advantage
• 5-6 years of professional hands-on accounting experience, with 2+ years in US/UK Accounting
• Experience with Microsoft Dynamics Great Plains strongly preferred
• Exposure to other popular accounting applications such as Tally, QuickBooks
• Experience with Microsoft Office with Advanced Excel knowledge required
• Strong English communication skills, both written and verbal with problem solving ability
• Flexibility to grow and change with company needs
• Ability to work independently and as part of a team
• Strong attention to detail
• Supporting & coordinating with onshore team members based out of US offices
• Knowledge with database maintenance (SQL/MS Access) preferred
Behavioral Skills and Abilities
• Positive attitude and high on professional morale
• Ability to effectively work with cross functional teams
• Ability to manage competing priorities effectively in a fast-paced environment
• Must be multi-task oriented and able to work with frequent interruptions
• Ability to deliver quality work on tight deadlines, with strong organization and priority setting skills.
• Self-motivated and able to work with little supervision
• Team Player with a professional attitude
• Job requires working in mid or late-shifts (11AM to 9 PM or later) and/or on Indian holidays as well.
• There may be occasional night shifts for training/reporting purposes
Skills
AccountingAccounts ReceivableAccrualsAttention To DetailBalance SheetBillingCommunicationCommunication SkillsExcelExternal AuditsQuickbooksReconciliationRevenue AccountingRevenue RecognitionTallyAccountsInternal ControlAuditAdvanced ExcelGaapArAudit SupportMicrosoft OfficePayment TermsPolicies And ProceduresMicrosoftProblem SolvingAccountantTransactions