Revenue Accountant Job Description

Introduction:

Revenue accountant is requisite to handle financial management of any type of industry. They are senior accountants and they may employ in any field of business like manufacturing companies, wholesale distribution, healthcare, and retail that can generate sales and service revenue. A revenue accountant is responsible for handling all financial aspects of a company. Some of their main duties include intense monitoring of accounts payable and receivable, daily reconciliation of bank and company account, handling daily receipts, monthly revenue intake sheet, spreadsheet files, communicate to investors, partners and stakeholders. They need to work independently and make executive final decision with ease.

Revenue Accountant Job Titles:

  • Revenue Accountant
  • Revenue Accountant (Part-Time)
  • Revenue Technical Accountant
  • Accountant Revenue Recognition

Revenue Accountant Job Summary:

We are looking to hire a successful candidate who has a master’s degree in finance, accounting, or related field. You must know accounting principles and end to end full accounting process. You will advise on financial reports required by government regulation and review analyzes and interprets financial and budgetary report. You will be continuously looking for a way to help the team to become more efficient and effective. Some of your job duties involve the monthly posting of revenue activity from all our EMR systems, reconcile AR activity to the general ledger, prepare to adjust journal entries as needed, assist in the preparation of year-end audit and choose the person for revenue receivable, assist in the audit of the subsystem interface to the general ledger, prepare clear, organized account analysis of all balance sheet account every month.

Revenue Accountant Responsibilities and Duties:

  • Perform company accounting duties and determine revenue and expenditure
  • Work with account team to perform financial planning, analysis, and reporting activities
  • Determine monthly revenue forecast and perform monthly revenue analysis
  • Create monthly revenue report to the management
  • Oversee financial transaction and process invoices promptly
  • Perform reconciliation of account receivable and payable
  • Assist in financial audits and implement audit recommendation
  • Work in compliance with company accounting standard and guidelines
  • Use software application for company accounting operation
  • Identify and resolve outstanding balances monthly
  • Perform record keeping of all financial operation
  • Create and distribute monthly invoices based on contract and reporting data
  • Review and interpret contracts for proper billing terms and assist in management aspects of the revenue process

Revenue Accountant Skills and Qualification:

  • Bachelor degree in accounting with experience in revenue recognition is a plus
  • Experience with Oracle eBusiness Suite
  • Must possess a minimum of 2 years of experience
  • Punctual, reliable and must have strong communication skill
  • Knowledge about MS office, excel, and Adobe Acrobat
  • Able to work in a team and produce quality output under tight deadlines
  • Strong verbal and oral communication skills
  • Self-motivated and strong analytical skills
  • Attention to detail, prioritization skill and time management
  • Quick learner with a positive attitude
  • Must be highly organized and able to deal with a high volume of data
  • Able to work proactively and independently with a team in a fast-paced environment

Revenue Accountant Salary

Revenue accountants are responsible for ensuring that an organization’s revenue is accurately accounted for. They typically work in the accounting or finance department of a company and report to the controller or CFO. Revenue accountants prepare journal entries, reconcile accounts, and perform monthly closings. They also work with auditors to ensure that the financial statements are accurate. The median salary for a revenue accountant is $67,000.

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