Revenue Accounting Manager

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Follett Software

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1983

📚 Education

☁️ SaaS

Education • Software • SaaS

Follett Software is a company providing a suite of integrated technology solutions designed to streamline processes and enhance resource management in educational institutions, such as schools and districts. These solutions include software for library management, student information systems, resource management, device management, and facilities management, all aimed at improving efficiency and boosting student success. The company also offers extensive support services including consulting, implementation, and training to ensure customers get the most value from their software subscriptions. By optimizing resource management and data utilization, Follett Software empowers educators to focus on student education and growth.

📋 Description

• 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. • 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. • 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. • 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

🎯 Requirements

• 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

• Fully remote work, giving you the flexibility to do your best work from anywhere in the continental U.S. (unless otherwise noted) • 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