Job Description - Revenue Recognition Analyst - (Remote) in Chicago
Return to jobs

Revenue Recognition Analyst - (Remote)

Ref: US_EN_6_971578_1479189

Posted on 05 January 2023
Salary
$25 - $30

Revenue Recognition Analyst

100% remote

Revenue Recognition Analyst who can be an instrument of change on a high-impact team. This position will work with and receive guidance from senior level accountants within the organization. This position is a perfect fit for someone with a background in Revenue and/or Accounting or a Financial Analyst with experience in Accounting or Revenue Recognition, looking to marry their technical accounting, analytical, and reporting skills.

  • Work daily with the Project Managers to support the weekly forecast and month end journal entries. Ensure all relevant revenue recognition documentation is received timely from the Project Managers, and all professional service hours are accurately forecasted to support accurate revenue recognition for the services. Manage the projects from a revenue perspective by tracking the completion of performance obligations
  • Assist in the preparation of revenue recognition schedules used to define the timing and accuracy of revenue recognition in accordance with current accounting policy, the executed customer contract, and US GAAP
  • Assist in the preparation and review of the weekly forecasting
  • Assist in the Billing/Invoicing functions
  • Prepare monthly journal entries to recognize revenue / deferred costs within the appropriate accounting period. Ensure all relevant documentation to support revenue recognition is received and retained for audit purposes
  • Prepare monthly deferred revenue / costs account reconciliations, as well as the quarterly balance sheet roll forwards, and identify any inconsistencies with expectations. Propose and prepare well supported adjusting journal entries, as applicable
  • For new products, coordinate directly with the Senior Revenue Analyst to understand the new products and apply proper guidance
  • Support other departments within the organization; assist with special projects on an as-needed basis, including system integration and process improvements.
  • QUALIFICATIONS

  • Bachelor's degree in Accounting or Finance.  CPA preferred but not required
  • 2+ years’ experience of accounting
  • Demonstrable knowledge and application of multiple element and software revenue recognition guidance including ASC 606, is a plus
  • Ability to work in a detail-oriented environment and possess the desire to learn new and challenging skills
  • Organizational skills to prioritize multiple projects in a fast-paced environment
  • Strong interpersonal, communications and problem-solving skills
  • Intermediate Excel skills
  • Equal Opportunity Employer/Veterans/Disabled

    To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.modis.com/en-us/candidate-privacy

    The Company will consider qualified applicants with arrest and conviction records

    Find your local office.

    Modis has over 100 offices in the United States, Canada and Europe. With both industry and location-specific expertise, our people know their area and their labor market and can find the right position for you.

    Locations