Live opening · Posted 5 days ago
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About the role
Description supplied by the original job listing.
We are seeking an experienced Revenue Recognition Accountant to support a newly public company as it implements and strengthens its contract review and revenue recognition processes in support of SOX compliance. This position will initially be engaged on a contract basis, with the potential to convert to a full-time role as the process and workload continue to develop. This is remote with the first 1-2 weeks onsite in Louisville, KY.
The Revenue Recognition Accountant will be responsible for reviewing customer contracts, documenting revenue recognition conclusions under ASC 606, and ensuring appropriate review and sign-off procedures are followed. The role will work closely with Accounting and other internal stakeholders to establish a consistent, auditable contract review process.
Key Responsibilities
Review customer contracts for revenue recognition considerations in accordance with ASC 606.
Analyze contract terms and answer required revenue recognition assessment questions, documenting the basis for conclusions.
Identify relevant terms including performance obligations, transaction price, variable consideration, contract modifications, and timing of revenue recognition.
Locate and obtain contracts and supporting documentation when agreements are not readily available within Deltek, coordinating with appropriate internal stakeholders as needed.
Navigate contracts that vary significantly in format, complexity, and structure.
Prepare clear documentation supporting revenue recognition conclusions for the company's newly established contract review process.
Support the company's SOX control environment, including maintaining appropriate evidence of contract review and ensuring required approvals are completed.
Facilitate a sign-off process and follow up on outstanding reviews or documentation.
Provide ongoing revenue recognition support to Accounting and business stakeholders as new contracts, amendments, or unusual transactions arise.
Identify opportunities to improve, standardize, and streamline the contract review process.
Leverage AI and other technology tools wherever practical to increase the efficiency of contract review, identify relevant contract provisions, summarize key terms, and support documentation while maintaining appropriate professional review and controls.
Qualifications
Bachelor's degree in Accounting, Finance, or related field.
Strong knowledge of ASC 606 / revenue recognition accounting.
Experience reviewing customer contracts and interpreting contractual terms for accounting purposes.
Experience working within a SOX-compliant environment strongly preferred.
Ability to independently analyze contracts that do not follow a consistent structure or template.
Strong documentation skills with the ability to clearly support accounting conclusions for internal and external audit purposes.
Experience with Deltek or similar ERP/project accounting systems is a plus.
Comfortable adopting and using AI-enabled tools to improve efficiency while applying appropriate accounting judgment and review.
Strong organizational and follow-up skills, particularly when coordinating documentation and approvals across multiple stakeholders.
Work arrangement
Yes
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