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Education Technology (EdTech), Software, Publishing

Revenue Accounting Manager (Individual Contributor)

RemoteRemoteFull TimeManager / HeadPosted 29 days agoVisa sponsorship available

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Required skills

  • ASC 606
  • GAAP
  • Standalone Selling Price
  • SSP
  • Oracle
  • General Ledger
  • UAT

Nice to have

  • RFP
  • credit reserves
  • technical accounting white papers
  • revenue policies
  • automation

Role summary

This Revenue Accounting Manager role is an individual contributor position focused on ensuring accurate revenue recognition and compliance with ASC 606 and GAAP. Responsibilities include establishing SSP frameworks, reviewing contracts for revenue treatment, performing monthly reconciliations from Oracle to the General Ledger, supporting audits, and driving process improvements. The ideal candidate has 5+ years of experience, strong technical accounting expertise, and advanced computer skills, particularly with ASC 606 implementation projects. The position is fully remote within the continental U.S.

Company Overview:

Everything we do is for educators. We’re partnering with them to advance a bold vision for education that boosts district performance and student success. At Follett Software, we empower educators across roles with technology that streamlines processes and manages information and resources to improve their schools, increase student success, and drive the future of education. We believe that by empowering educators to amplify their impact on students’ lives, we can change the world. Our goal and mission is to drive the future of education. We are inspired by educators to deliver transformative technology. Our innovative, connected solutions simplify challenges and offer a seamless and intuitive experience.

Position Overview

This position plays a crucial role in ensuring accurate revenue recognition, maintaining compliance with accounting standards, and optimizing revenue-generating activities. This position offers an exciting opportunity for a detail-oriented individual with strong analytical skills and a deep understanding of accounting principles to collaborate with cross-functional teams to assess the impact of ASC 606 on revenue recognition processes and systems.

Responsibilities:

Revenue Recognition & Compliance

  • Lead revenue recognition activities in compliance with ASC 606 and applicable GAAP guidance.
  • Establish and maintain annual Standalone Selling Price (SSP) pricing frameworks.
  • Record and review quarterly revenue adjustments, including open item calculations.
  • Draft technical accounting white papers and develop new revenue policies as needed.
  • Review credit impacts and assess the need for credit reserves in accordance with accounting standards.

    • RFP & Contract Review

  • Conduct detailed RFP and contract reviews to ensure revenue treatment is accurate, complete, and compliant.
  • Perform monthly reconciliation and reporting of consolidated revenue from Oracle to the General Ledger.
  • Ensure completeness and accuracy of revenue reporting through analytical reviews and variance analysis.
  • Support quarterly and annual close processes related to revenue.
  • Evaluate contract terms to determine appropriate revenue recognition treatment.

    • Financial Reporting & Reconciliation

  • Perform monthly reconciliation and reporting of consolidated revenue from Oracle to the General Ledger.
  • Ensure completeness and accuracy of revenue reporting through analytical reviews and variance analysis.
  • Support quarterly and annual close processes related to revenue

    • Audit & Internal Controls

  • Assist with annual external audits, providing documentation and supporting analysis.
  • Establish and enhance internal audit processes related to revenue compliance.
  • Maintain up-to-date, end-to-end revenue process documentation, including controls and workflows.

    • Process Improvement & Integration

  • Integrate newly acquired entities into established revenue processes, User Acceptance Testing (UAT) for new SKUs/products, ensuring production environments align with tested configurations.
  • Identify opportunities for automation, efficiency, and strengthened compliance within revenue operations.
  • Other duties as assigned

    • Qualifications:

  • Bachelor’s degree in Accounting or related field required
  • 5+years’ experience
  • Must possess technical accounting expertise
  • Ability to provide senior management with risk assessments for actions they are considering or taken
  • Possess advanced computer skills and expertise in ASC 606 revenue recognition standards and experience leading ASC 606 implementation projects
  • Possess strong attention to details and strong analytical skills
  • Ability to resolve complex problems with independent action

    • At Follett Software, our people come first.We’re deeply committed to supporting the well-being, growth, and success of every Team Member. That commitment shows up in a thoughtfully designed, comprehensive benefits package that helps you thrive—at work and in life. Here’s what you can expect:

  • Fully remote work, giving you the flexibility to do your best work from anywhere in the continental U.S. (unless otherwise noted)
  • Subsidized healthcare plans, including orthodontic coverage, with HSA option that includes employer matching
  • Company-paid disability and life insurance, with the option to enhance coverage through voluntary plans
  • Robust Paid Time Off, including Flex PTO for salaried roles, paid parental leave, company holidays, and paid volunteer service time
  • Retirement savings with employer match, vesting every pay period
  • Flexible Spending Accounts for healthcare and dependent care
  • Optional supplemental coverages, such as accident, hospital, and critical illness insurance, identity theft and credit monitoring, and legal protection services
  • Meaningful recognition and tangible rewards that celebrate achievements, fuel motivation, and recognize both individual and team success

    • EEO

    Follett Software provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. We are committed to providing reasonable accommodations to, among others, individuals with disabilities and disabled veterans. If you are interested in applying for employment and need assistance or an accommodation in the application process due to a disability, please contact us by email and let us know the nature of your request and your contact information.

    Email: recruiting@follettsoftware.com

    CCPA Notice for California Residents: https://follettsoftware.com/wp-content/uploads/2024/10/Notice-to-California-Applicants.pdf

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