What are the responsibilities and job description for the Senior Revenue Accountant position at FTI Consulting Careers?
Who We Are
FTI Consulting is the world’s leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world’s leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.
At FTI Consulting, you’ll work side-by side with leaders who have shaped history, helping solve the biggest challenges making headlines today. From day one, you’ll be an integral part of a focused team where you can make a real impact. You’ll be surrounded by an open, collaborative culture that embraces diversity, recognition, professional development and, most importantly, you.
Are you ready to make your impact?
About the Role
FTI Consulting’s North America Core Accounting Team provides accounting support to our client service professionals and Segment Finance leadership in Corporate Finance & Restructuring, Forensic & Litigation Consulting, Technology, Economic Consulting, Strategic Communications and other Specialty Services so they are able to meet and exceed the needs of our clients. Accounting Professionals within the NACA team are dedicated to working together and delivering world class support across our global community.
What You’ll Do
This position will primarily focus on the accounting for segment finance activities, primarily revenue recognition for segments. The ideal candidate will have knowledge of U.S. GAAP and experience with revenue recognition, reporting, and controls. This person will report to the NACA Senior Manager and interact with segment finance leads for revenue recognition.
Monthly Accounting Close
- Revenue Recognition:
- Review sales contracts to ensure proper revenue recognition.
- Analyze and understand the practices within the segment to ensure proper revenue and expense recognition and proper setup in the system.
- Prepare revenue journal entries and account reconciliations.
- Calculate revenue reserves and document reserve assessment under ASC 606.
- Create and analyze revenue and expense related reports.
- Document revenue-related policies and procedures.
- Assess and document collectability risk due to aging WIP and AR.
- Review sales contracts to ensure proper revenue recognition.
- Identify process issues and implement improvements to enhance productivity and efficiency.
- Support and improve month, quarter, and year-end close processes, reporting, and audits.
- Prepare and post other monthly journal entries including bad debt expense and ad hoc entries.
- Maintain JE tracker and ensure all journal entries are supported with strong documentation and required approvals.
- Review work product of other team members and provide appropriate coaching as part of peer review.
- Support other special projects and duties as directed by the NACA Senior Manager.
- Support and improve month, quarter, and year-end close processes, reporting, and audits.
How You’ll Grow
You will work with a global team to deliver impactful learning solutions to internal clients. This role provides opportunities to work on high-visibility projects with leaders at all levels. On-the-job experiences and access to key resources, such as LinkedIn Learning and Coursera, will contribute significantly to your professional growth.
Basic Qualifications
- 3 years of relevant Accounting experience
- Bachelor’s degree in Accounting or related field
- Strong and practical working knowledge of US Generally Accepted Accounting Principles (US GAAP)
- Working knowledge of general ledger and other accounting/reporting systems
- Advanced knowledge of Excel required; Ability to organize and analyze a large volume of data
- Ability to travel to FTI office(s) as needed
Preferred Skills
- CPA or CPA candidate preferred
- Strong analytical skills and self-motivation to identify and resolve problems.
- Ability to work extended hours to meet deadlines when needed.
- Experience working with both domestic and international operating units preferred.
- Experience working in ERP environment preferred.
#LI-HB1
Total Wellbeing
Our goal is to support the wellbeing of you and your families—physically, emotionally, and financially. We offer comprehensive benefits such as the following:
- Competitive total compensation, including bonus earning potential
- Full package of benefits plans, including medical, dental, and vision coverage along with life and disability insurance
- Generous paid time off and holidays
- Company matched 401(k) retirement savings plan
- Potential for flexible work arrangements
- Generous paid parental leave with available planning tools, virtual expert coaching services and flex return support.
- Family care benefits, including back-up child/elder care
- Employee wellness platform
- Employee recognition programs
- Paid time off for volunteering in your community
- Corporate matching for charitable donations most important to you
- Make an impact in our communities through company sponsored pro bono work
- Professional development and certification programs
- Free in-office snacks and drinks
- Free smartphone and cellular plan (if applicable)
- FTI Perks & Discounts at retailers and businesses
- Upscale offices close to public transportation
About FTI Consulting
FTI Consulting, Inc. is the leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees located in 34 countries and territories. Our broad and diverse bench of award–winning experts advise their clients when they are facing their most significant opportunities and challenges. The Company generated $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. FTI Consulting is publicly traded on the New York Stock Exchange. For more information, visit www.fticonsulting.com and connect with us on Instagram and LinkedIn.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
Compensation Disclosure: Actual compensation is determined based on a wide array of relevant factors including market considerations, business needs, and an individual’s location, skills, level of experience, and qualifications.
