Revenue Accountant
March 29
Description
• A Revenue Accountant is a specialized finance professional responsible for overseeing and managing the income generated by a company from its business activities. This role involves ensuring the accuracy and compliance of revenue-related financial transactions under accounting standards and regulations. • Work with external stakeholders to create and deliver reports including but not limited to collections, AR aging, enrollments, drops, transfers, refunds, and revenue • Owns AR functions including accurate and timely invoicing and billing to clients, seamless collections, and following GAAP for accruals and write-offs • Maintain an understanding of the company products and programs (new and existing) relative to their impact on revenue transactions and the application of ASC 606 • Works with cash analysts and AR specialists to ensure daily reports, such as enrollments and bank reconciliations are accurate and complete • Process refund, transfer, and drop requests on a timely basis, ensuring they are in line with the respective registration policy • Prepares complete reconciliation of sub-ledger to general ledger monthly • Perform month-end close processes, including account reconciliation preparation, and calculation of journal entries for revenue-related accounts and contra-revenue accounts • Accurately and timely calculate partners' revenue shares based on contractual terms and obligations • Work directly with Internal and External Audit on revenue-related issues, providing supporting documentation as requested • Compile information accurately and timely for weekly and monthly financial reporting to Finance Partners, Controller, and CFO • Protects the organization's value by keeping information confidential • Meet with the Student Success team weekly to assist with and resolve any issues or discrepancies related to student drops, transfers, and refunds • Collaboration with other departments to obtain necessary information for the accurate accounting of revenues
Requirements
• Bachelor’s Degree in accounting required • Experience working directly with external stakeholders • Advanced Excel skills (e.g., complex formulas, pivots) • 3+ years of GL accounting is required; Revenue/AR experience is ideal • Working knowledge of US GAAP is required • Experience with ASC 606 revenue recognition is strongly preferred
Benefits
• Law Benefits • Private Health Insurance • Paid Time Off • Training • Life insurance • Mental Health Support • Learning and Development Programs
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