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Revenue Accountant
1 month ago
WHAT IS YOUR ROLE
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.
WHY DO WE WANT YOU
We are looking for impact-driven individuals passionate about helping Boldr grow and achieve our Purpose. We expect our Team to become our ultimate partners to success by always giving their 110% in everything, sharing their talents and quirks, and championing our core values: Curious, Dynamic, and Authentic.
WHAT WILL YOU DO
- 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
WHAT WE'LL LIKE ABOUT YOU
YOU ARE...
- Curious and authentic, just like us #beboldr
- An analytical and critical thinker, with an eye for even the most minute of details
- Passionate about client satisfaction.
- Excellent problem-solving and analytical skills utilizing professional skepticism
- Ability to work independently, leveraging available tools and resources
- Strong communication skills, both verbal and written
- Strong organizational skills with the ability to manage multiple priorities, deadlines, and projects effectively
- Strong attention to detail to ensure the accuracy of all work
YOU HAVE...
- 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
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