Senior Accountant

Summary of Position: (Provide a brief narrative, one or two sentences, that highlights the primary purpose to the organization and key responsibilities of the job).
The Senior Accountant performs basic to moderately complex accounting in the areas of revenue, deferred revenue, customer collections and payments, bank reconciliations, and Fixed Assets. This position will be a backup to the AR Specialist and Staff Accounting positions.
Principal Duties and Responsibilities: (State the essential functions of the job, organized from most to least essential. Include normal day-to-day duties as well as duties that occur at irregular intervals but that are of a recurring and essential nature. Include leadership and managerial responsibilities, if applicable).

• Revenue Accounting: Monitor and review the revenue recognition process, ensuring compliance with relevant accounting standards and accurate financial reporting. This includes:
  • Monthly review of revenue transactions to detect and prevent irregularities
  • Estimating monthly revenue
  • Tracking project billing
  • Ensuring accurate revenue recognition between intercompany accounts
• Deferred Revenue: Monitor and manage deferred revenue liability accounts, ensuring accurate and timely recognition of revenue. This includes:
  • Monthly review of liability accounts to ensure revenue is properly recorded
  • Maintaining accurate records of transactions to ensure accounts balances are supported and accurate
  • Performing analytics to ensure reasonableness and project future revenue estimates
• Customer Payments Collections: Manage the customer payment process, including:
  • Weekly cash transaction reports for AR and A/P
  • Processing ACH payments
  • Setting and establishing customer credit limits and credit holds
  • Evaluate customer credit request applications and follow up with references to assess creditworthiness
  • Coordinate and maintain ongoing collection efforts with the A/R Specialist, ensuring consistency and effectiveness following the company Collection Process
  • Calculating the A/R Reserve
  • Review credit memos and customer refunds for reasonableness
  • Resolving customer payment issues
• Bank Reconciliations: Perform and review bank reconciliations to ensure accuracy and completeness of cash transactions in accounting system.
• Fixed Assets: Manage the accounting for fixed assets, including capitalization, depreciation, and disposals.
• Month-End Close: Participate in month-end close process, including:
  • Preparing journal entries
  • Reconciling Cash, Fixed Assets, Goodwill, Deferred Revenue Liability, Accounts Receivable and related reserve accounts
  • Review and resolve any unposted documents related to A/R and Cash Management to ensure that all are cleared in Acumatica prior to close each month
  • Ensuring the accuracy of financial statements for timely close
• Journal Entries: Prepare and support journal entries as needed to ensure accuracy and compliance with accounting standards.

• Special Projects : Manage assigned special projects, overseeing them to successful and timely completion

Knowledge, Skills and Abilities Required: (List the minimum required education, prior experience, certifications, licenses, and specialized areas of knowledge required to adequately perform the essential functions of the job).

• Bachelor's degree in Accounting required.
• CPA or working towards CPA, preferred.

• Minimum 3-5 years relevant work experience with a focus on revenue accounting.
• Possess a comprehensive understanding of the accounting cycle, including the month-end and year-end processes
• Proficient with Microsoft Office (i.e., Word, Excel)
• Experience with Acumatica preferred by not required

Personal Skills and Competencies: (Identify any behavioral characteristics and attributes that would contribute to superior performance for this position, i.e., organization skills, communication skills, detail-orientation, analytical skills).

• Effective communication skills with the ability to interact with internal teams and external customers both verbally and through written communication

• Strong attention to detail and accuracy.
• Excellent analytical and problem-solving skills.

• Ability to multi-task, prioritize and work efficiently
• High level of integrity
• Strong interpersonal skills - team player/willingness to pitch in
• Ability to work independently self-starter
• Demonstrate good common sense and sound judgment

• Able to adapt to any situations
• Ability to anticipate work needs and follow through with minimum direction

Customer Base: (Identify who the primary and secondary customers are for the position. This includes any person or group of people, internal or external, who rely on the work product or output of the position).

• Sales Team
• Customer Service Team
• External Customers

Working Conditions/Physical Requirements of the Job: (Indicate what the physical requirements are to complete the essential functions of the job, i.e. lifting, standing, etc. Also indicate any working conditions that may be out of the ordinary, i.e. travel, on call or unusual hours, exposure to noise, etc.).

• Position requires the ability to sit for long periods of time; standing and walking occasionally.

• Use of hands to take notes, type; reach with hands and arms.

The above is not intended to be an all-inclusive list of the duties and responsibilities of the job described, nor is it intended to be an exhaustive list of the skills and abilities required to do the job. Rather, it is intended only to describe the general nature of the job. Employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.