Review project activation requests and evaluate underlying contract to ensure proper documentation for revenue accounting under ASC 606
Ensure contract review and accounting processes follow the company’s documented policies
Review underlying budget to determine whether contract terms are appropriately reflected
Resolve any questions from this review process with our professional services sales leadership
Apply relevant system flags on transactions, non-standard contract terms and conditions, volume discounts, other fees & charges, or other revenue impacting contract items as necessary
Serve as a subject matter expert on revenue implications of contract terms and conditions
Serve as technical accounting resource to business engagement management and the legal department during contracting process to optimize terms for timely revenue recognition
Review re-estimated budgets for compliance with Contract terms
Validate completeness of any required contract change order documents
Enforce compliance with revenue policy to ensure accurate percentage-of-completion recognition under ASC 606
Work cross-functionally with billing teams, practice engagement team members, corporate legal group, and operations groups to understand and resolve issues identified in the project life cycle maintenance and closure reviews
Relay complex information in a clear and concise manner to simplify understanding of accounting concepts
Apply knowledge of revenue policy and historical trends in preparing executive level summaries for RHI leadership
Demonstrate a customer service focus, and strive to meet team goals
Escalate unresolved issues with sound judgment
Contribute ideas and system requirements to IT configuration partners
Participate in designing how new business and accounting requirements might take shape within the system
Perform testing in development environments to ensure system improvements are functioning as intended, and reports are accurately reflecting transactions
Requirements
B.A., B.S. Degree in Accounting
2+ years’ experience in public Accounting or 4+ years in accounting/finance
Experience in reviewing contractual agreements for financial terms required
Operational accounting, Revenue analysis or Financial analysis experience a plus
Experience in a consulting services industry highly desirable
Knowledge and experience applying GAAP including revenue recognition and Sarbanes-Oxley
Financial ERP systems experience
Proficiency in Microsoft Office (Word, Excel, Power Point) applications
Working experience with client contracts review and revenue accounting preferred
CPA a plus
Ability to grasp new concepts and/or systems and technology quickly
Excellent oral and written communication skills, demonstrated project management skills, a strong customer service orientation
Tech Stack
ERP
Benefits
group health insurance benefits (medical, vision, dental)
FSA and HSA healthcare accounts
life and accident insurance
adoption and fertility assistance
paid parental leave of up to 6 weeks
short/long term disability
paid time off for vacation, personal needs, and sick time
up to 17 days of CTO per calendar year
up to 11 paid holidays per calendar year
opportunity to contribute to 401(k) savings and investment plan with employer match of 100% on the first 3% of contributions for eligible employees