Revenue Accounting Operations Professional

4 days ago

Chennai, Tamil Nadu, India beBeeAccounting Full time ₹ 20,00,000 - ₹ 25,00,000
Revenue Accounting Operations Manager

As a key member of our finance team, the Revenue Accounting Operations Manager plays a crucial role in managing the month-end close process to ensure timely and accurate recording of revenue. This individual will lead and mentor a team of revenue accountants to foster a collaborative and high-performing culture.

The successful candidate will be responsible for reviewing statement of works and ensuring appropriate revenue recognition treatment in accordance with ASC 606. They will also oversee daily accounting functions, including general ledger, accounts payable/receivable, bank reconciliation, and petty cash management.

Key Responsibilities:

  • Manage the month-end close process to ensure timely and accurate recording of revenue
  • Review statement of works and ensure appropriate revenue recognition treatment in accordance with ASC 606
  • Lead and mentor a team of revenue accountants to help them professionally grow within the accounting organization
  • Maintain compliance with internal controls for revenue recognition and related balance sheet accounts
  • Participate in the completion of internal and external audits
  • Prepare and analyze revenue data for management and relevant partners
  • Oversee daily accounting functions including general ledger, accounts payable/receivable, bank reconciliation, and petty cash management
  • Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements
  • Monitor and reconcile cash and sales transactions across all outlets

Requirements:

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field
  • CPA or CA is strongly preferred
  • 6+ years of relevant experience and in-depth knowledge of revenue recognition based on the requirements of ASC 606 (US GAAP) in a SOX compliant environment
  • Proven experience in contract reviews/statement of works, invoicing, and collections strategies
  • Strong leadership and team management skills
  • Experience with software packages including NetSuite, Salesforce, Tableau, and Microsoft Office Suite

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