Manager Revenue Accounting

Posted January 01, 2023


About Us: Prometric is a leading provider of technology-enabled testing and assessment solutions to many of the world's most recognized licensing and certification organizations, academic institutions, and government agencies. We support more than 7 million test takers annually at our testing locations in 180 countries around the world. With over three decades of experience working with clients of all sizes across a multitude of industry sectors, our mission is to design and deliver the highest quality and most innovative testing solutions anytime, anywhere.

JOB TITLE:

Manager, Revenue Accounting

REPORTS TO:

Senior Manager, Accounting, Finance, Strategy & Administration

DEPARTMENT:

Finance & Accounting

LOCATION:

U.S.A. / Remote

JOB OVERVIEW

Prometric is seeking a Manager, Revenue Accounting to directly oversee our revenue accounting team. You will guide the team responsible for recording revenue in accordance with ASC 606.

This position will be responsible for technical accounting evaluations of contracts in accordance with US GAAP, specifically associated with revenue recognition.

Location: Remote with travel to the office located in Canton, Baltimore, Marylandas needed.

COMPANY BACKGROUND

Prometric (www.prometric.com) is a trusted test development and delivery provider to more than 300 organizations worldwide. Prometric serves as an industry gatekeeper, ensuring that people legitimately earn the credentials they seek to achieve, and thereby guaranteeing a fair testing experience for all who come through our doors.

RESPONSIBILITIES
  • Author accounting memos on new sales arrangements to ensure revenue recognition follows company policy and revenue recognition accounting standards under ASC 606.
  • Responsible for review of all deferred revenue account reconciliations and related analysis/reporting.
  • Responsible for reviewing financial statements and performing fluctuation analyses of deferred revenue, accounts receivable, and revenue accounts.
  • Develop Consolidated Deferred Revenue Roll-off schedule.
  • Responsible for Revenue Accounting Month End Close - review of entries, partnering with Billing team and FPA to report out on revenue results for the close.
  • Collaborate with other departments across the business on pending contracts before they are executed and make recommendations on impact to revenue recognition.
  • Perform ad-hoc projects and data analyses on revenue products, ASC 606 required disclosures and deferred revenue for reporting purposes.
  • Compiling and supporting internal and external auditors' requests for information and documentation.

QUALIFICATION REQUIREMENTS

EDUCATION
  • Bachelor's degree in Accounting or Finance
  • CPA required

EXPERIENCE
  • 5-10 years of experience in finance and accounting
  • Minimum 3 years in revenue accounting

SKILLS
  • Demonstration of leadership ability
  • Experience reading and interpreting contracts required
  • Knowledge of ASC 606 and GAAP required
  • NetSuite and Salesforce experience a plus
  • Strong knowledge of MS Excel, MS Word, PowerPoint
  • Excellent analytical and communication skills required
  • Ability to work proactively and independently
  • Strong team building and interpersonal skills

PHYSICAL JOB REQUIREMENTS
  • N/A

Prometric is an equal opportunity employer: disability/veteran

Prometric is an Equal Employment/Affirmative Action employer. We do not discriminate in hiring based on sex, gender identity, sexual orientation,race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, and local law.