Vaco is seeking a Senior Accountant for our client in Daytona, FL. This is a direct placement opportunity. They will be responsible for all aspects of assigned revenue contracts for the company and its subsidiaries, including review of contracts, monitoring financial obligations, and performing month-end close duties
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Manage contracts and amendments for multiple revenue streams within Workday and assist with the assessment of revenue accounting implications in accordance with the Company's revenue recognition policies and US GAAP (ASC 606).
Manage contract related revenue recognition. Determine journal entries, allocations, and adjustments needed to ensure proper revenue recognition in conjunction with the monthly, quarterly, and annual close cycles for assigned revenue accounts.
At month end, timely review of assigned revenue accounts and contract related liability and expense accounts to ensure all amounts are properly recorded. Prepare account reconciliations for review.
Record royalty and other usage related revenue items with Workday. Assist in reporting for the company's Sub Licenses, including verifying the accuracy of calculations and overseeing the payment process.
Prepare assigned royalty reporting calculations for payouts and disseminate data to the teams.
Assist with data integration (automated and manual) from external sales systems and reconciliation between the systems.
Assists with projects and other duties, as assigned.
Seeks ways to use technology and/or improve processes for areas of responsibility.
Travel may be required on occasion for this role.
QUALIFICATIONS
Bachelor's degree in Accounting from four-year college or university and a minimum of three years related experience or equivalent combination of education and experience. 2 years public accounting experience highly preferred. CPA certified, or CPA eligible candidate also preferred.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
In addition to the above, must have strong analytical skills, able to multi-task in a fast pace environment. Strong organizational and time management skills required. Ability to identify accounting problems and generate reasonable solutions. Must also good oral and written communications skills as well as excellent organizational and time management skills. Must maintain a positive attitude and work ethic. May occasionally have to work overtime as needed, to meet the objectives of the position and department.