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Revenue Accounting Specialist

2 - 4 years

5 - 10 Lacs

Posted:3 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Summary:


The Revenue Accounting Specialist is responsible for managing and executing revenue related accounting activities with precision and compliance. This role involves preparing and posting manual journal entries using the Workday EIB template to ensure accurate revenue recognition and financial reporting. The ideal candidate will have a strong understanding of revenue accounting principles, proficiency in Workday financial systems, and meticulous attention to detail.


Key Responsibilities:


1. Revenue Management:

  • Ensure accurate revenue recognition in compliance with applicable accounting standards (e.g., ASC 606).
  • Analyze and reconcile revenue accounts to ensure data integrity and accurate financial reporting.

2. Journal Entries:

  • Prepare and post manual journal entries in Workday using the EIB template, specifically related to revenue accounts.
  • Maintain detailed records and documentation to support journal entries and account reconciliations.

3. Financial Reporting and Analysis:

  • Assist in the preparation of monthly, quarterly, and annual financial statements related to revenue.
  • Conduct variance analysis and report findings to support decision-making and strategic planning.

4. Compliance and Audit Support:

  • Ensure adherence to internal controls and company policies regarding revenue accounting.
  • Support internal and external audits by providing required documentation and explanations.

5. Process Improvement:

  • Identify and implement process improvements related to revenue accounting and journal entry creation.
  • Participate in system upgrades and automation projects to enhance efficiency and accuracy.

6. Collaboration and Communication:

  • Work closely with cross-functional teams, including Sales and Operations, to ensure accurate revenue reporting.
  • Provide guidance and support to other departments on revenue-related inquiries.

Qualifications:

  • Bachelors degree in Accounting, Finance, or a related field.
  • Minimum of 2-3 years of experience in revenue accounting or a related field.
  • Proficiency in Workday financial systems, particularly with EIB templates.
  • Strong understanding of revenue recognition principles and accounting standards.
  • Excellent analytical skills and attention to detail.
  • Strong communication and interpersonal skills.

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Teamware Solutions
Teamware Solutions

IT Services and IT Consulting

Chennai Tamilnadu

1001-5000 Employees

815 Jobs

    Key People

  • John Doe

    CEO
  • Jane Smith

    CTO

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