What are the responsibilities and job description for the Senior Accountant - Franchise Revenue position at Inspire Brands?
This position will ensure appropriate accounting, recording, and reconciliation of global franchise revenue accounting transactions.
KEY RESPONSIBILITIES:
- Operate under revenue recognition policies and established procedures in alignment with GAAP, including adherence to accounting standards, specifically ASC 606. Account for end-to-end global processes for revenues and deferred revenues, including elimination of intercompany transactions. Prepare and record accounting entries and reconciliations for revenue accounting transactions.
- Provide information for the quarterly and annual revenue financial statement disclosures.
- Responsible for financial close activities including completion of analytics and internal controls. Prepare support for audits and associated operational activities to ensure timely and accurate reporting. Respond to frequent ad-hoc requests for information from senior management, FP&A, Tax, IA, Legal, and other functional areas of the business.
- Help foster an environment of continuous improvement within and among other departments concerning the accuracy of all franchise revenue transactions entered into the general ledger.
- Liaise with the Legal, FP&A, Franchise Services and Operations teams to understand contracts and help ensure proper revenue recognition treatment. Coordinate with internal and external auditors for revenue-related inquiries, ensuring compliance with internal controls and regulatory requirements.
EDUCATION QUALIFICATIONS:
- Bachelor’s degree in Accounting
- Certified Public Accountant or candidate preferred
EXPERIENCE QUALIFICATIONS:
- 3 – 5 years of total experience, minimum.
- Experience in Public Company and technical accounting experience preferred. Experience in preparing journal entries and reconciliations.
- Experience working as part of and contributing to a larger team.
REQUIRED KNOWLEDGE, SKILLS or ABILITIES:
- Strong written communication skills
- Aptitude for learning new systems
- Ability to work independently and meet multiple, concurrent and aggressive deadlines
- Positive attitude with the willingness to accept flexibility in assignments and the desire to acquire the knowledge and skills necessary to excel
- Strong Microsoft Excel and Word skills
PREFERRED KNOWLEDGE, SKILLS, OR ABILITIES: Experience with Oracle or other major ERP systems
DECISION MAKING AUTHORITY: This position does not have decision making, managing or hiring authority.
DIRECT REPORTS: This position does not have any direct reports.
We’re made up of some of the world’s most iconic restaurant brands, but we’re much more than just a restaurant company. We’re a team of hundreds of thousands who individually and collectively are changing the way people eat, drink, and gather around the table. We know that food is much more than a staple—it’s an experience. At Inspire, that’s our purpose: to ignite and nourish flavorful experiences.