Revenue Accountant

Revenue Accountant

What you will be doing:

This role is an integral part of the Revenue Team in terms of ensuring proper revenue recognition. The Revenue Accountant analyzes customer contracts to determine proper revenue recognition in accordance with GAAP and ASC 606. The Revenue Accountant creates revenue schedules which lead to revenue recognition in the ledger. Furthermore, the Revenue Accountant processes monthly, quarterly, and annual revenue journal entries, prepares account reconciliations, and prepares contract costs workbooks. Finally, this role works with various other groups within Finance such as Billing to maintain adherence to accounting guidelines.

Key Responsibilities

• Responsibility #1 – Review/process customer contracts for ASC 606 revenue implications -- 70%

  • Answer checklist questions, based on signed contracts, which drive revenue recognition
  • Perform Revenue Recognition Analyses, as applicable, leading to multi-element revenue allocations
  • Create revenue schedules to post revenue to the ledger
  • Process amendments and contract updates in Workday as applicable

• Responsibility #2 – Period-end Close responsibilities -- 15%

  • Prepare supporting workbooks that lead to month-end, quarter-end, and year-end journal entries
  • Perform account reconciliations and other recurring analyses
  • Streamline these processes when possible

• Responsibility #3 – Maintain contract cost process and workflow -- 10%

  • Assist in determining appropriate application of contract costs guidance as well as preparing journal entries, analytics, and reconciliations for contract costs
  • Maintain process workflow in both SQL tables and Excel workbooks

• Responsibility #4 – Other ad-hoc analyses and tasks -- 5%

  • Perform ad hoc analyses and research as appropriate

Required Qualifications

• Work Experience:

  • Years of Applicable Experience - 2 or more years

• Education:

  • Bachelors (Required)

Preferred Qualifications

• Skills:

  • Excel proficiency
  • Strong interpersonal skills (written and oral)
  • Ability to collaborate within a team dynamic, sharing responsibilities to accomplish a team goal
  • Ability to improve or streamline processes

• Experience:

  • 2 years’ applicable experience, ideally in the following areas:
  • Revenue recognition experience (particularly related to SaaS)
  • Working knowledge of ASC 606
  • Reviewing customer contracts
  • Familiarity with Workday

• Education:

  • Bachelor’s degree
  • CPA or Master’s degree

Additional Job Requirements:

• Remain in a stationary position for prolonged periods of time
• Be adaptive and change priorities quickly; meet deadlines
• Attention to detail
• Operate computer programs and software
• Ability to communicate effectively with audiences in person and in electronic formats.
• Day-to-day contact with others (co-workers and/or the public)
• Making independent decisions
• Ability to work in a collaborative business environment in close quarters with peers and varying interruptions

Working Conditions:

• Air conditioned office space

Travel Requirements:

• No travel required

Physical Demands:

Sedentary: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves remaining stationary most of the time. Jobs are sedentary if movement is required only occasionally, and all other sedentary criteria are met.

Premier’s compensation philosophy is to ensure that compensation is reasonable, equitable, and competitive in order to attract and retain talented and highly skilled employees. Premier’s internal salary range for this role is $62,000 - $93,000. Final salary is dependent upon several market factors including, but not limited to, departmental budgets, internal equity, education, unique skills/experience, and geographic location. Premier utilizes a wide-range salary structure to allow base salary flexibility within our ranges.

Qualified full and part time regular employees also receive access to the following benefits:

• Health, dental, vision, life and disability insurance
• 401k retirement program
• Paid time off
• Participation in Premier’s employee incentive plans
• Tuition reimbursement and professional development opportunities

Premier at a glance:

• Ranked #1 on Charlotte’s Healthiest Employers list for 2019, 2020, 2022, and 2023 and 21st Healthiest Employer in America (2023)
• Named one of the World’s Most Ethical Companies® by Ethisphere® Institute for the 16th year in a row
• Modern Healthcare Best in Business Awards: Consultant - Healthcare Management (2024)
• The only company to be recognized by KLAS twice for Overall Healthcare Management Consulting
• For a listing of all of our awards, please visit the Awards and Recognition section on our company website.

Employees receive:

• Perks and discounts
• Access to on-site and online exercise classes

Premier is looking for smart, agile individuals like you to help us transform the healthcare industry. Here you will find critical thinkers who have the freedom to make an impact. Colleagues who share your thirst to learn more and do things better. Teammates committed to improving the health of a nation. See why incredible challenges require incredible people.

Premier is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to unlawful discrimination because of their age, race, color, religion, national origin, ancestry, citizenship status, sex, sexual orientation, gender identity, gender expression, marital status, familial status, pregnancy status, genetic information, status as a victim of domestic violence, covered military or protected veteran status (e.g., status as a Vietnam Era veteran, disabled veteran, special disabled veteran, Armed Forces Serviced Medal veteran, recently separated veteran, or other protected veteran) disability, or any other applicable federal, state or local protected class, trait or status or that of persons with whom an applicant associates. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. In addition, as a federal contractor, Premier complies with government regulations, including affirmative action responsibilities, where they apply. EEO / AA / Disabled / Protected Veteran Employer.

Premier also provides reasonable accommodations to qualified individuals with a disability or those who have a sincerely held religious belief. If you need assistance in the application process, please reply to diversity_and_accommodations@premierinc.com or contact Premier Recruiting at 704.816.5200.

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